People’s Park Complex restaurant unit up for sale at $8m guide price

The EOI closes 20 May.

A ground-floor restaurant unit at People’s Park Complex is being offered for sale at a guide price of $8m, according to Realion Group member ETC, the sole marketing agent.

The sale will be conducted via an expression of interest (EOI) exercise, which will close on 20 May at 3 p.m., according to the company's press statement.

The unit has a strata area of about 1,615 square feet (sq ft) and is located beside the entrance linking directly to People’s Park Food Centre with frontage along a high-footfall area within the development.

Based on the guide price, the unit works out to about $4,955 per sq ft (psf). ETC said the last ground-floor strata unit transaction in the development was in August 2025 at around $5,032 psf.

The property is currently tenanted to a restaurant operator and provides immediate rental income, according to ETC. The layout includes a wide frontage and regular floor plate.

ETC head of investment advisory Swee Shou Fern said the unit is one of a small number of ground-floor units above 100 square metres in People’s Park Complex.

People’s Park Complex is a mixed-use development in Chinatown known for its retail and food and beverage activity.