Official One Pearl Bank Latest Updates (04/08/2020) :
Studio (431Sqft) From S$1,072,000
1 Bedroom (527Sqft) From S$1,302,000
2 Bedroom (700Sqft) From S$1,668,000
3 Bedroom (1098Sqft) From S$2,378,000
4 Bedroom (1432Sqft) From S$3,432,000
One Pearl Bank where Hygge ﬁnds its home in the tropics
One Pearl Bank is a new launch development located right in the heart of the core city centre by Capitaland.
CapitaLand has acquired iconic landmark horse-shoe shaped Pearl Bank Apartments, now renamed as One Pearl Bank, in a collective sale for S$728 million. The en bloc sale was made through a private treaty according to the Colliers International, the marketing agent for the land. The sale of the iconic horseshoe-shaped building comes after 3 unsuccessful collective sale attempts.
One Pearl Bank site is sited on elevated ground and occupies a land area of 7,653 sqm which is about 82,376 sq ft. Although the land has a GPR of 7.2 as per the 2014 Master Plan, the land has an existing GPR of 7.4479. It can be redeveloped into a development with a GFA of 56, 998.8 sqm which is about 613,530 sq ft.
One Pearl Bank represents the unique opportunity to own a prime piece of real estate that is located in the mature town of Outram Park that is located right next to Outram Park MRT Station. A unique city centre living experience awaits you at One Pearl Bank.
The development will consist of 2 curved towers that resembles the horse shoe 38 storeys former Pearl Bank Apartments to preserve the distinctive architecture in the background of Pearl’s Hill. One Pearl Bank is slated for completion in 2023 and will be located at the top of Pearl’s Hill. One Pearl Bank building will stand at a height of 178m which is one of the tallest residential towers in Singapore surpassing the nearby Pinnacle @ Duxton which stands at 156m. There will be a total of 39 storeys at One Pearl Bank and the development will consist of 774 prime residential units next to Outram MRT Station.
Why One Pearl Bank By Capitaland in Outram?
✔By reputable developer, CapitaLand
✔Future iconic landmark of Singapore
✔A coveted city-fringe address
✔Easily accessible via the Central Expressway (CTE) and major arterial roads
✔Shelter linkway to Outram Park MRT station.
✔Minutes’ drive to Orchard Road, City Centre and Marina Bay.
✔Good investment for rental yield and capital appreciation.
✔Nearby to many shops, eateries, markets, food centres and malls
World’s first vertical sky allotment gardens in a residential development
One Pearl Bank Outram – Chinatown Location
Situated close to the CBD, the convenience you get living at One Pearl Bank is exceptional. This area is well connected with roads and MRT lines that deliver quick transport. With an excellent transportation system, accessing various facilities in the neighborhood is made possible. You will be able to save lots of times traveling between places.
The future residents of One Pearl Bank can get anywhere they want using their cars or the multitude of bus services provided in the area. Drivers can easily connect to Ayer Rajah Expressway (AYE) that links to Marina Coastal Expressway (MCE). The roads make traveling across the neighborhood a breeze. One Pearl Bank is situated close to NE3 Outram Park, NE4 Chinatown MRT, and EW16 Outram Park.
Outram Park is the closest train station to One Pearl Bank, other stations around the area offering complete train services include Queenstown, Redhill, Tong Bahru, and Commonwealth. Upon completion of Thomson-East Coast Line, Havelock MRT station will boost connectivity in the neighborhood.
With excellent connectivity, getting to any part of Singapore is made possible. Future residents of One Pear Bank will enjoy the convenience they get from the established transportation network coupled with the proximity to a plethora of amenities and facilities that provide for their day to day needs.
One Pearl Bank Chinatown Surrounding Amenities
District 3 doesn’t just deliver vibrancy; it is packed with several educational institutions that will provide for the needs of families with school-going children. The schools are conveniently located enabling your kids to get to school on time. Besides, the area is well connected which makes commuting to schools easy.
One Pearl Bank Site Plan & Facilities
One Pearl Bank Distribution Chart
One Pearl Bank CapitaLand Unit Mixed
Huge Demand From the Home Seekers
CapitaLand said the 160 units sold included a mix of studio, one-, two-and three-bedroom apartments.
The most popular were the one-and two-bedders, which made up 56 per cent and 31 per cent
respectively of the units sold. About eight in 10 of the buyers are locals. Prices start from under $1
million for a studio apartment, and more than two-thirds of the units are priced below $2 million each.
One Pearl Bank Developer – CapitaLand
CapitaLand Limited (CapitaLand) is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth over S$100 billion as at 31 December 2018, comprising integrated developments, shopping malls, lodging, offices, homes, real estate investment trusts (REITs) and funds. CapitaLand’s market capitalisation is approximately S$13 billion as at 31 December 2018. Present across more than 180 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam, Europe and the U.S.
From landmark integrated projects such as Raffles City developments in Singapore and China to Grade A commercial buildings like CapitaGreen in Singapore, as well as award-winning residential projects such as The Orchard Residences, The Interlace, d’Leedon and Sky Habitat – CapitaLand has an unrivalled track record of building city-defining landmarks. One Pearl Bank will yet be another architectural icon in Singapore by reinvigorating the area with a unique design – one which will blend modern aesthetics and heritage elements to reflect the rich, multifaceted culture of Chinatown.