Strategically located at 1 Park Road in District 1, within Singapore’s established Chinatown shopping and commercial precinct.
Approximately 4 minutes’ walk to Chinatown MRT (NE4/DT19), providing convenient connectivity via two MRT lines.
Located within a long-established retail complex serving Chinatown residents, workers, visitors and shoppers.
Retail shops, commercial premises and residential apartments within one development, providing a diverse potential customer base.
This 452 sqft strata retail unit at People’s Park Complex is offered for sale at a guide price of S$2.957 million. The development sits at 1 Park Road in the heart of Chinatown, beside Chinatown MRT and within an established retail and food precinct.
The current listing states a 99-year lease from 1968. Buyers should assess remaining lease, current occupancy, maintenance charges, approved use and the unit’s exact location within the complex rather than relying on building-level footfall alone.
MRT: Chinatown (NE4/DT19), Maxwell (TE18).
Nearby food & amenities: Chinatown Complex, Hong Lim Market & Food Centre.
Information is subject to change. Buyers should independently verify title, approved use, tenancy, floor area and transaction costs before purchase.
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Train Stations
Chinatown
Food & Amenities
Chinatown dining
Carpark
People’s Park Complex
HDB Parking
Approved Use
Commercial
Specific use subject to approval
Tenure
99 Years w.e.f 1968
What is the tenure of People’s Park Complex?
The current listing states 99 Years from 1968. Buyers should confirm the title and remaining lease particulars with their solicitor before purchase.
Is the shop next to Chinatown MRT?
People’s Park Complex sits beside the Chinatown MRT and retail precinct. Buyers should still assess the exact unit position within the building.
Is ABSD payable on this purchase?
ABSD generally applies to residential property. A solely non-residential commercial shop is generally not subject to ABSD, but buyers should obtain legal and tax advice for their circumstances.
Can foreigners buy this property?
Foreign-buyer eligibility depends on the title and property use. Buyers should verify the title and any applicable approvals with their solicitor before purchase.
What costs should I check before buying?
Review maintenance charges, property tax, GST treatment, financing costs, current tenancy and any building-specific levies or rules.
Why consider People’s Park Complex?
The development offers a central Chinatown location with MRT access and an established retail environment. Buyers should still assess remaining lease, shop position and rental fundamentals.
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