ONE PEARL BANK AT 178M TALL, DOMINATES THE SKYLINE OF PEARL HILL WITH LUSH GREENERY
One Pearl Bank, located along Outram Road, sits on a elevated ground and is set to be the tallest residential development in the Outram-Chinatown district in Central Singapore, a coveted city-fringe address steps away from the cultural hub of Chinatown, and the exclusivity of a private enclave nestled in the lush greenery of Pearl’s Hill.
One Pearl Bank’s design is inspired by the vibrancy of the Chinatown district and the dynamism of the business district. Offering city living amidst a lush garden setting. Given One Pearl Bank’s unparalleled location in the prime Outram-Chinatown district, it is set out as an iconic building that will allow more Singapore residents to live in a beautiful environment with strong communal spirit.
One Pearl Bank is directly connected to the adjacent Pearl’s Hill City Park. Residents can look forward to the rejuvenation of the City Park, which will be transformed into a playground and social space for the community and link to Fort Canning Park through the scenic Singapore River.
One Pearl Bank reflects a new icon which will sprout up beautifully in the buzzling Outram matured estate. It will support more urbanities in leading their dream city lifestyles at this prime location, in line with Urban Redevelopment Authority's vision to develop more homes in Singapore Central Area.
Attractive Prices At One Pearl Bank
Studio from S$2251psf
1 Bedroom from S$2087psf
1 BR+Study from S$
2 Bedroom from S$2143psf
3 Bedroom from S$2277psf
4 Bedroom from S$2502psf
Penthouse from TBA
Contact Us Now to View
One Pearl Bank Showflat!
One Pearl Bank has a site area of 82,376 square feet of land and will house 774 residential apartments. It will have 2 curved towers linked at the roof by sky bridges. It comes with a dazzling architecture coupled with a sense of serenity of space and luxury within the development, with its modern residential design that is build to impress and maximise space among the density of Singapore city living.
Residents will get to enjoy the lush communal areas with abundance of facilities; 2 swimming pools and a childrens’ pool amongst the lush greenery, Club House, gymnasium, 24 hours security and concierge facilities. It will be constructed into a high-rise structure with full facilities, modern fittings, elegant furnishings, and dashing interior decors.
One Pearl Bank will also feature a world-first – a series of sky allotment gardens arrayed vertically. Extending from the edges of the two towers, the sky allotments gardens offer exceptional views over the city and integrating nature to enrich residents’ quality of life and wellbeing.
View Facilities and Site Plan HERE
An Overview on Why Buy One Pearl Bank
- Well developed by Multi awards Winning Top developer CapitaLand
- One Pearl Bank is located in the heart of Outram Park, with large pool of tenants
- Short drive to Marina Bay, Central Business District (CBD) and City Centre
- Perched on top of Pearl Hill, with calm and tranquility
- A short walk of 3 minutes to Outram Park MRT Interchange serving 3 MRT Lines, NEL, EWL and upcoming TEL
- A large pool of working professionals tenants in Central Business District, Tanjong Pagar, Shenton Way and future Outram Medical Hub
- Easy convenience to many shopping malls and eateries
- Near to VivoCity, Harbourfront, Sentosa, Universal Studio, Resort World and future Greater Southern Waterfront City
Enjoy the Convenience of Vibrant City Living
The location of One Pearl Bank is convenient for anyone working in Singapore's Central Business District (CBD) and Outram.
One Pearl Bank with Excellent Connectivity
It is a mere 3 minutes walk to Outram Park MRT Interchange where the North East Line, East West Line and the upcoming Thomson East-Coast Line are available. Future residents of One Pearl Bank will find it a breeze to commute with these complete train services. It is
- 1 Stop to Tanjong Pagar, Harbourfront, Chinatown
- 2 Stops to Clarke Quay, Raffles Place, Shenton Way
- 3 Stops to City Hall, Dhoby Gaut, Orchard Road, Marina Bay
With its convenient location in the Central Region, future residents of One Pearl Bank will take drivers 6 minutes to reach Orchard Shopping District and 8 minutes to Central Business District (CBD), City Centre and Marina Bay. Drivers can easily link to Ayer Rajah Expressway (AYE) which connects to Marina Coastal Expressway (MCE).
Future residents of One Pearl Bank can also find convenience using Central Expressway (CTE) via Outram Road and these allows easy connectivity to various parts of Singapore.
One Pearl Bank is Ideal for Family Living
There is an abundant of high quality educational facilities, children-friendly activities and recreational centres in Outram. This makes an attractive choice for families with children.
While professionals will love One Pearl Bank's closeness to the CBD, parents will also like having to spend family time.
Besides enjoying the outdoors in lush greenery on Pearl Hill City Park, which will be transformed into a playground and social space, residents can also enjoy the tranquility and nature of Fort Canning Park through the scenic Singapore River and enjoy the picturesque view of Singapore.
One Pearl Bank is surrounded by several community centres, which offers many exciting activities for children of all ages. These include Tanjong Pagar Community Centre, Kim Seng Community Centre and Kreta Ayer Community Centre. With community functions and other recreational and sports activities will keep the children active and engaged.
City Skyline from One Pearl Bank
One Pearl Bank creates a light and airy effect, providing residents to look out to admire the stunning views atop Pearl Hill. It will integrate views from the far horizon that present a beautiful Singapore City Skyline, refIecting a magnificent sense of space that extend far beyond the development boundaries, from Central Business District to Sentosa. One Pearl Bank’s design is inspired by the vibrancy of the Chinatown district and the dynamism of the business district. Offering city living amidst a lush garden setting.
On completion, One Pearl Bank will have full height glass exteriors to maximise stunning views of the surrounding, standing out against the skyline and decorates to set the building shining in the vicinity.
| Project | One Pearl Bank |
| Developer | Areaca Investment Pte Ltd (CapitaLand) |
| Location | Outram Road 1 Pearl Bank (Outram Planning Area) |
| District | 02 |
| Tenure | 99 years leasehold from 1st March 2019 |
| Site Area | 7,653 square metres/ 82,376 square feet |
| GFA: | 56,998.8 square metres/ 613,530 square feet |
| Plot Ratio | 8.1 |
| Expected TOP Date: | 31th December 2012, about the same time with the opening of Thomson East-Coast Line, the 3rd MRT Line in Outram |
| Total Units | 774 residential apartments |
| Total Carpark | 620 carpark lots+5 handicapped lots |
| Development | Towering at 178 metres, One Pearl Bank will be the tallest residential development in Outram-Chinatown district and with over 500 trees from 35 species and 135,000 shrubs, plants and flowers throughout 60,000sqft |
| Unit Type: | |
| Architect | Serie+Multiply (A Joint Venture between Serie Architects and Singapore based Multiply Architects) |
| Eligibility | SC, SPR and Foreigner can buy |
A Location with Strong Cultural Heritage
There are more than 10 shopping malls nearby One Pearl Bank. Options are plenty when it comes to dining. Residents can choose to indulge in the bistros located along Tanjong Pagar Road, Amoy Street and all the way till Mosque Street. For residents who prefers local food, there are food centres that are located within short distance from which are Tanjong Pagar Market & Food Centre, Chinatown Complex, Maxwell Food Centre, People’s Park Complex Food Centre, Amoy Street Food Centre, Tiong Bahru Market & Food Centre, Hong Lim Market & Food Centre and Lau Pa Sat.
One Pearl Bank by CapitaLand
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.
CapitaLand is in a unparalled position to develop this plum site in Pearl Hill into a gleaming icon for Singapore. It is another architectural icon 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.
Please Register HERE and
we will contact you soonest!
Heart of New Central
Financial District
Marina One Residences
Financial District
Marina One Residences
Heart of Tanjong Pagar
Financial District
Wallich Residence with
181 Limited Collection
Super Penthouse at 21,108sqft
Financial District
Wallich Residence with
181 Limited Collection
Super Penthouse at 21,108sqft
Other Developments in
Core Central Region
Core Central Region
| One Pearl Bank Condo Unit Mix Distribution | |||
|---|---|---|---|
| Unit Type | Type | Area (Square Feet) | Total No. of Units |
| Studio/ 1 Bedroom | TBA | TBA | TBA |
| 1 Bedroom+Study | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA | TBA |
| One Pearl Bank Condo Facilities | |||
TBA
|
|||
| One Pearl Bank Condo Price List | |||
|---|---|---|---|
| Unit Type | Area (Square Feet) | Pricing | PSF |
| Studio/ 1 BR | TBA | TBA | TBA |
| 1 BR+Study | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA |
TBA |
LOCATION and AMENITIES- ONE PEARL BANK
One Pearl Bank is within prime location at the confluence of Singapore’s business and cultural districts as well as its excellent transport connectivity, with East-West Line, North-East Line and Upcoming Thomson East-Coast Line. It is just outside CBD that have a strong cultural identity, that have many cafes, that create the kind of lifestyle.
Residents of One Pearl Bank can look forward to the rejuvenation of the City Park, which will be transformed into a playground and social space for the community and linked to Fort Canning Park through the scenic Singapore River.
FACILITIES and SITE PLAN E-BROCHURE- ONE PEARL BANK
One Pearl Bank sits on the south tip of Pearl Hill City Park. It has a far distance to other buildings, giving residents of One Pearl Bank a 360 degree unblock views.
North of One Pearl Bank is greenery of Pearl Hill City Park and far towards Singapore River and Fort Canning Park.
On its East facing, it has an unobstructed views towards is Maxwell Road and Duxton and towards Raffles Place and Marina Bay.
On the South of One Pearl Bank, it faces towards the upcoming Greater Southern Waterfront City.
The lifestyle of the residents of One Pearl Bank is supported by facilities that include a gym, pool, lounge and dining pavilions on the roof gardens and sky terraces.
The landscaping and sky allotment gardens, which at same time provides a good environment, they foster good interactions among neighbours through a common and shared activity.
RESIDENTIAL FLOOR PlANS E-BROCHURE- ONE PEARL BANK
View Prices and Available Units HERE
- Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
- Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
- Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
- Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.
AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF- ONE PEARL BANK
View Site and Facilities Plans HERE
Like any other new launches, the prices of One Pearl Bank will only be announced on the sales day. Indicating pricing will be announced earlier.
One Pearl Bank where the site was sold to Capitaland, for $728 million, as collective sale. The sale price of $728 million, with a top up premium of S$201.5 million to intensify the piece of land and to top up lease, works out to a land cost of about $1515 psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developer Expenses and Profit
The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.
- Administrative expenses: Staff costs, office rents etc..
- Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
- Finance costs: interest expense paid to the finance institutions for financing the development.
Land Cost: $1515 psf prr
Construction Cost: $400 psf
Marketing expense: $200 psf
Profit margin: 20%
Estimated launch price: $2538 psf
WHY BUY ONE PEARL BANK NOW
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Singapore’s growth has outpaced many developed economies, at over 3%, while most developed economies are managing 2.3% on average.
There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.
There is strong rental demand from tenants working the CBD, Orchard, MBFC and Pasir Panjang area especially in and near Tanjong Pagar area. Rental yield can be expect to increase as well. Value in or near CBD area is always on the rise and with the upcoming Waterfront City, this will most probably have a high impact on One Pearl Bank's return.
The Greater Southern Waterfront District involves plans of shifting City Terminals (Tanjon Pagar and Keppel) and Pasir Panjang Port Terminals to Tuas. Part of Tanjong Pagar terminal has been relocated ahead of schedule. With this, Government can start making measurements and drawing plans for the Greater Southern Waterfront. This transformation is massive and will increase great value of One Pearl Bank as the planned relocation of City Terminals and Pasir Panjang Terminals will free up 325 to 600 hectares of waterfront land respectively.
In addition, Outram precinct will also be transformed into a healthcare, wellness and research hub – Singapore General Hospital Campus through a 20-year redevelopment plan by healthcare group SingHealth. With 43 hectares of medical hub, Singapore’s largest healthcare hub in Outram, there will be strong demand from medical research and education professionals.
There are several old malls in the vicinity of Chinatown, near to One Pearl Bank. One of them, People's Park Centre, a mixed development that comprise of retail commercial and residential apartments, along Upper Cross Street, has increased its reserve price from S$1.3 billion to S$1.35 billion in its first en-bloc attempt. The future revamped of Chinatown will be heavily influenced by People's Park Centre. With its redevelopment, will increase the value of properties in this central location, having One Pearl Bank, being the most prominent.
Since One Pearl Bank new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about One Pearl Bank new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a unit in One Pearl Bank condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since One Pearl Bank is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of One Pearl Bank such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive One Pearl Bank in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about One Pearl Bank is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. One Pearl Bank also offer much better facilities than any other resale property.
Investing in One Pearl Bank newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
SHOWFLAT LOCATION- ONE PEARL BANK
If you wish to visit One Pearl Bank Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of One Pearl Bank Condominium.
Get in touch with One Pearl Bank Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about One Pearl Bank units today!
One Pearl Bank Showflat is located besides the actual site, along 1, Pearl Bank.
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make One Pearl Bank their dream home.
Do register early to book your One Pearl Bank Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting One Pearl Bank Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase One Pearl Bank Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to One Pearl Bank. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
CONTACT US
You are only one-step away from owning a unit in One Pearl Bank.
Thank you for Your interest in One Pearl Bank
Be among the first to view and book One Pearl Bank, a new life-style at Outram Road, at the lowest pre-launch price
Enjoy attractive prices before the official public launch. Be the first to secure your choice unit
- Latest updates on the development
- Priority unit choice and selection
- Enjoy early-bird VVIP Discounts
- Direct Developer price
- No Commission payable
Register for a copy of One Pearl Bank Floor plans, E-Brochure, Pricing and Latest Updates!
