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The People's Park Complex was a commercial housing project undertaken by the newly formed Urban Renewal Department of the Housing and Development Board's Sale of Sites programme. The project was the subject of the programme's first sale in 1967. Located at the foot of Pearl's Hill, the site where the People's Park Complex currently stands was an open public park. It later became the People's Market or Pearl's Market with outdoor stalls which was destroyed by a fire in a height of 103 metres (338 feet), the 31-storey People's Park Complex building was the first shopping centre of its kind in Southeast Asia and set the pattern for later retail developments in Singapore. The shopping centre was completed in October 1970, while the residential block was completed in 1973. Occupying 1 hectare in the heart of Chinatown, the People's Park Complex was the largest shopping complexes in the shopping commercial belt along Eu Tong Sen Street and New Bridge Road.
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