Panoramic View at Old Pearl Bank Apartments, Coming One Pearl Bank!

One Pearl Bank, One Pearl Bank Condo, One Pearl Bank Capitaland, One Pearl Bank Outram

One Pearl Bank

Project NameOne Pearl Bank
District03
DeveloperAreca Investment Pte Ltd, wholly owned subsidiary of CapitaLand Limited
Address1 and 1a Pearl Bank Singapore 169017
Showflat LocationPearl Bank (Click here for more)
Developer Sales Hotline+6531388168
Est Indicative Selling Price RangeAbove S$ psf (Click here for more)
Tenure99 years leasehold
DescriptionOne Pearl Bank, former knowns as Pearl Bank Apartments, going to re-developed by CapitaLand. Target to launch in 2019, and for official details project details, floor plans, showflat appointment to be obtained at https://www.onepearlbank.com
No of Units774 units of flat/apartment
Land Area56,998.8 sq m (approximately 613,530 sq ft)
Lot NumberTS22-00189L
Developer’s Licence No:C1313
Project Account No:003-700133-3
Financial Institution:DBS Bank Ltd (Click here for more)

Re-visit and Review on CapitaLand Emerged As The Developer of One Pearl Bank condo

CapitaLand has acquired 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

Sitting currently now on the One Pearl Bank site is an old building that comprises of 288 units 9 8 commercial units and 280 apartments existing for 99 years.  Every owner with an apartment ranging between 123 sqm and 371 sqm, is expected to receive between S$1.8 million and S$4.9 million. Each owner of commercial units between 65 sqm to 523 sqm is expected to be awarded between S$1.2 million and S$46.9 million.

According to Colliers, the purchase price marched the owner’s reserve price. An additional top-up of S$201.4 million was made to extend the lease 99 years. The sale price reflects a land price of around S$1,515psf GFA.

One Pearl Bank site is well located next to Outram Park MRT station. Once certain conditions are attained, the site is set to be redeveloped into a high-rise residential development that features up to 800 units that include social facilities. However, One Pearl Bank site is subject to the Pre-Application Feasibility Study as per the announcement by URA.

Latest Information One Pearl Bank Price List As At  Friday, November 15th 2019 updated, Register to receive the price list and book showflat appointment!

Benefits That Residents of One Pearl Bank Will Enjoy Living in District 3 Singapore

When looking for the next place to make your home convenience is a great factor to consider. Well, future residents of One Pearl Bank apartments will appreciate the convenience that prevails in this part of Singapore. With nearly everything in this condo location located right next to your home, you get to live a more comfortable life. Amenities and facilities are in abundance so that you don’t have to cover long distances to fetch supplies.

Unlike the old District 3, this area is now transformed into a vibrant enclave packed with several developments that suites residential living. You can find a plethora of food options, boutiques, shopping destinations and more around the neighborhood. To give you a glimpse of what this area has to offer, here are some of the things that you can look forward to enjoying during your stay at One Pearl Bank residences.

Walking Distance From One Pearl Bank To Chinatown MRT station s only 700m

One Pearl Bank – Convenient Transportation Networks

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.

Duke-NUS Medical School

Proximity to Schools Nearby One Pearl Bank Condo

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.

Some of the schools next to One Pear Bank include:

  • Outram Secondary.
  • Queenstown Primary School.
  • Raffles Academy.
  • Inspiration Design School.
  • Zhangde Primary School.
  • Duke-NUS Graduate Medical School.
  • Gan Eng Seng School.
  • MDIS (Management Development Institute of Singapore).
  • Global Indian International School.

With the availability of schools that cover nearly all the educational levels, parents living in District 3 should have no worries. With closeness to the CBD and excellent transport network, parents can even drop their kids to school as they head to work.

Latest Updates As At  Friday, November 15th 2019 updated, Register to receive the price list and book showflat appointment when ready!

Row of Shophouses along Clarke Quay

Row of shophouses along Clarke Quay

One Pearl Bank – Nearby Shopping Centers

Residing at One Pear Bank condo will appreciate the availability of unlimited shopping spots. The shopping paradise features enough malls to provide for anything you might need during your stay in district 3. Most of the shopping malls feature eateries, banks, grocery, supermarkets, fashion shops, cosmetic stores and more. Besides, most of the malls are just a walking distance away from your home at One Pear Bank delivering utmost convenience that you will enjoy.

When you need a through retail therapy, just head to the nearby Peals Centre just 6 mins walk away. The shopping malls boast of about 199 shops providing various services. Some of them include hairdressing salons, traditional Chinese medicine stores, beauty centers, coffee houses, travel agencies and more. It is just next to Outram Park NE3/EW16 and Chinatown NE4 MRT which makes accessing the mall easier.

Clarke Quay is another incredible shopping center next to One Pearl Bank. Clarke Quay features several godowns and warehouses that transform it into an entertainment and lively lifestyle center. It has several retails shops, entertainment spots, wine bars, restaurants and more. It is a great place to visit if you want to experience a bustling market atmosphere.

Tiong Bahru Plaza is also a great place for shopping. Other retail options you have around include Chinatown Point, Concorde Shopping Centre, IKEA Alexandra, Alexandra Central Mall, Amara Shopping Centre, icon Village, 100 AM Shopping Mall and Anchorpoint. Queensway Shopping Centre makes a good choice for fitness and sports enthusiasts as it features several established sports brands.

The reputable Orchard Road shopping belt is just a few mins drive away. Access to Orchard Road enables the future residents of One Pearl Bank to shop in the world’s famous shopping destination. This place offers a cutting-edge shopping option featuring flagship designer boutiques, restaurants, entertainment options and more.

Foodie Market Place @ Outram

One Pearl Bank – Restaurants and Dining Spots

There is plenty of good food options for you in District 3. For tasty and still affordable food, you have various hawker fares options such as Mei Ling Market & Food Centre, Commonwealth Crescent Food Centre, Alexandra Village Food Centre, Tanglin Halt Food Centre, Redhill Market & Food Centre and Tiong Bahru Market & Food Centre. Another incredible hawker food options around One Pearl Bank include Shanghai Dim Sum found at Mei Ling Food Centre.

When you go to Redhill Market & Food Centre, you don’t want to miss the famous Yan Fried Bee Hoon known for their delicious chicken wings. Ru Yi Vegetarian Stall, Tiong Bahru Fried Kway Teow, Hui Ji Fishball Noodles and Yong Tau Foo, and Jian Bo Chwee Kueh are among the famous stalls that you should try when you go to Tiong Bahru Market & Food Centre.

For residents who like hard to find cheeses and meats, there is a gem at Tiong Bahru that will have you sorted. This place will be appreciated by any home cooks who likes fine food as you get to choose from the food options offered at Foodie Market Place. But if you prefer a mean cuppa professionally roasted then Flock Cafe at Moh Guan Terrace, Forty Hands at Yong Siak Street and Tiong Hoe Specialty Coffee at Stirling Road are some of the places you need to start with.

When you think you are out of food options, head to the nearby PS. Cafe Petit at Guan Chuan Street, Tiong Bahru Bakery at Eng Hoon Street, PoTeaTo at Yong Siak, and Ah Bong’s Italian at Eng Hoon Street for glorious meals.

Korean food lovers won’t feel out of place living at One Pear Bank condo because there are plenty of food options for you. One of the places you will want to be is Bigmama Korean Restaurant at Kim Tian Road. This restaurant offers authentic, tasty Korean homestyle food.

Little to say, you will never run out of food options living in District 3. This area features so many restaurants, eateries, and cafes that will suit your concerns. Besides, most of them are located right next to your home at One Pearl Bank which guarantees you unmatched convenience.

Availability of Recreational Centres

Recreational lovers will appreciate the proximity of One Pearl Bank to centers such as and Queenstown Community Centre, Kim Seng Community Centre and Henderson Community Centre. These recreational centers are dedicated to supporting the needs of the community through recreation, fitness, and health. Besides, it provides an opportunity for future residents of One Peral Bank to interact with other residents. When you visit Queenstown Community Centre, you get to utilize the available Multi-purpose room, reading room, music room, badminton room, conference room and more. Their convenient locations enable residents to access the recreational facilities offered easily.

Near Various Kid-Friendly Places

District 3 is not just the ultimate destination for adults; your kids will love staying here as well. This area has fun for all residents. There are several fun things to do in District 3 with your kids which are also suitable for every family member. You get an opportunity to engage in adventurous fun, outdoor activities and explore the cultural neighborhood.

Chinatown Heritage Centre is the first place you want to visit with your family. Situated at the heart of Chinatown only 5 mins walk from One Pearl Bank, this destination is worth a visit if you want to discover the history of Chinese migrants. Found in this place is museum made from three shophouses that the early people occupied. Despite the hustle and bustle in Chinatown, it’s still one of the prettiest and cleanest places to visit and your kids will love the experience.

Other kid-friendly places that you may want to take your kids around District 3 are Tanjong Pagar Community Club and Kreta Ayer Community Centre. These recreational centers offer good space where your kids can engage in various fun activities. The nearby 50th-storey Skybridge and Sky Garden situated at Pinnacle@Duxton houses the longest sky gardens across the world. This place remains open for the public with an entry fee of $5. The amazing view that you will get here is worth the pay. The pioneer trails at Ann Siang Hill Park and Telok Ayer Green will also make great options. Get to experience the way of life and access historical information on trade in early Singapore.