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Our Thoughts On One Pearl Bank: Your Buyer’s Guide

One Pearl Bank brings a new level of residential living to the Outram Park area. Residents will enjoy convenient living, whether it’s relaxing, shopping or entertainment. Buyers of this new apartment will enjoy easy access to a huge selection of modern amenities in a peaceful environment, giving you a great opportunity to enjoy the best of both worlds.

One Pearl Bank sits on the location of the former Pearl Bank Apartments and is designed to house a total of 774 units. The magnificent design of One Pearl Bank offers excellent views of the stunning skyline of the city of Singapore. With a height of over 178m above sea level, this new development offers breathtaking views of Singapore city.

Residing at One Pearl Bank will perfectly complement your day-to-day activities, including everyday work commute, shopping, dining, and entertainment. There are plenty of amenities in close proximity, as you’ll always be near Singapore’s Central Business District.

One Pearl Bank Developer

As one of the tallest private residences in Singapore, the developments of the original Pearl Bank Apartments (which was built way back in the year 1976) was one of the most discussed buildings when it was acquired en bloc by CapitaLand in 2018.

Despite desperate attempts to save the iconic building, which looked like a horseshoe, its site near the Outram Park MRT Station was finally acquired by the well-known property developer CapitaLand via collective sale for a whopping $728 million, translating to $1515 psf ppr.

As Pearl Bank Apartments is set to pave way for the brand-new One Pearl Bank condo, the sales gallery drew thousands of visitors from around Singapore and beyond. 

With its strategic address close to the central business district, CapitaLand seems to have landed a major coup that promises to combine the old and the new, while maintaining that iconic horseshoe appearance of the old Pearl Bank Apartments. The new One Pearl Bank condo will comprise two towers or blocks connected at the roof by impressive sky bridges.

Today, CapitaLand is one of the largest real estate developers in Asia. The company is listed on the Singapore Stock Exchange as well as the Dow Jones Sustainability Asia Pacific Index. The real estate developer has a global portfolio comprising homes, offices, lodges, shopping malls, and integrated developments with a total estimated value in excess of $100 billion.

The Capitaland is also active in over 160 cities in more than 30 countries. It mainly focuses on Singapore, Japan, and China while it continues to make inroads in Vietnam, Malaysia, and Indonesia, among other countries.

In addition to One Pearl Bank, Capitaland is also involved in developing and managing other launches, including the Sky Habitat, Sky Vue, The Interlace, Bedok Properties, and Orchard Residences.

Location: 1 Pearl Bank, Singapore 169016

District: 3

Description Of Property: 2 Blocks of 39 -Storey Apartment, 4 Levels of Basement Carparks & Communal Facilities

No. Of Units: 774 Residential Units

Carpark Lots: 620 Lots (Excluding 5 handicap)

Tenure Of Land: 99-Years Leasehold From 1st Mar 2019

Expected TOP (Temporary Occupation Permit): 31 Dec 2023

Expected CSC (Certificate Of Statutory Completion): 31 Dec 2026

Land Size: 7,653 sqm

Developer: CapitaLand

Architect: ‎Serie Architects and Multiply Architects

Landscape Consultant: Ramboll Studio Dreiseitl (RSD)

M&E Engineer: Belmacs Pte Ltd

C&S Engineer: 

View OPB Location Map

One Pearl Bank Location

Located in the heart of District 3 close to Pearl s Hill City Park, One Pearl Bank provides the privacy and serenity that many home buyers and families are looking for, yet with easy connectivity to Outram Road and Chin Swee Road. 

Prime District 3 is not only ideal for adults, but your children will also enjoy living in the area due to its many kid-friendly facilities. With its prime location near Marina Bay, Shenton Way, and the Orchard Belt, One Pearl Bank will give you and your family a great opportunity to discover a rich culture and heritage as well as a host of outdoor activities.

New homebuyers of the One Pearl Bank condominium will find it easy and convenient to travel around the island. This is due to the elaborate network of roads connecting popular destinations. The NE4 Chinatown MRT station, Newton MRT station, Raffles Place MRT Station, and Outram Park MRT Station are just a few minutes’ drive away to One Pearl Bank. 

Commuting to other parts of Singapore is also convenient and comfortable thanks to the condo’s nearness to three MRT lines (East-West Line, the North East Line, and the future Thomson East Coast Line) as well as the Changi Airport.

You can also reach anywhere in Singapore using your personal car or through public means. At One Pearl Bank, residents will also be able to connect to the nearby expressways, including the Marina Coastal Expressway and Ayer Rajah Expressway, which are both a short walk away. This makes commuting in Singapore a breeze.

Here are a few more condominiums that are just a 10-minute walk away from the nearest MRT station:

Shopping and Dining

Accessing your day-to-day household supplies will be easy when you buy a house for sale at One Pearl Bank studio apartments. With the numerous malls close to this new launch, you and your family always be close to everything you will ever need in your new residence.

For instance, a few minutes’ drive from your house at One Pearl Bank condo development will take you to the famous Orchard Road Shopping Belt where you will enjoy access to a broad array of consumer goods. Moreover, you can find many other leading supermarket and shopping options within a short distance from One Pearl Bank, including the following:

  • Amara Shopping Mall
  • 1:00 AM Shopping Mall
  • Queensway Shopping Mall
  • Anchor Point
  • IKEA Alexandra
  • Chinatown Point
  • Tiong Bahru Plaza

While living in District 3, you’ll never run out of food options. This prestigious Outram Park area is home to many restaurants, cafes and fast food joints where you can enjoy the authentic local cuisine. Most of these eateries are located just a few steps from your front door.

Korean food enthusiasts will also appreciate the fact that the Big Mama Korean Restaurant is situated in the Biopolis collection of shops at Buona Vista near One Pearl Bank residential development. If you want to eat something different, you can visit Café Petit which is also nearby. 

At the Red Hill Food Centre, you will find mouthwatering chicken wings and other famous dishes. Other food hotspot destinations near the One Pearl Bank new launch residences include Eh Bong’s Italian, Forty Hands, Tiong Bahru, and Ru Yi Vegetarian Stall.

National Heart Centre Singapore

Hospitals and Clinics

The presence of healthcare facilities is another important factor to consider when it’s time to buy a house. At Outram Road area, you can rest assured knowing that you have quick access to high-quality healthcare services.

Future One Pearl Bank residents will enjoy being within the vicinity of world-class hospitals and clinics such as the National Heart Centre of Singapore, Alexandra Hospital, Singapore General Hospital, and the Novena Medical Hub.

Schools

For parents, being close to high quality schools is also important. Some of the finest schools near One Pearl Bank condo development include:

  • Anglo-Chinese School
  • Singapore American School
  • Radin Mas Primary School
  • One World International School
  • GEMS World Academy

Parks and Recreational Areas

Located just next to the upcoming One Pearl Bank, Pearl’s Hill City Park is an ideal place for family bonding and relaxation. It is connected to Fort Canning Park and the scenic Singapore River. The Botanic Garden is also a few minutes’ drive away from the One Pearl Bank condo by Capitaland.

There are also a few entertainment spots just a short distance from this new launch condominium. For example, Tiong Bahru Bar (also known as TBB) is popular for its nightlife choices. Coq & Balls[1] also offers a variety of craft beers and cocktails in a truly relaxing environment.

OPB Site Map

Amenities

The amazing lifestyle enjoyed here extends beyond your dwelling. Outside your abode, you will find lush greenery that offers some great views. You will also enjoy the combination of nature’s beauty and modern-day convenience all around the apartment. You can make your children heard and loved by holding a picnic on the well-manicured grass or enjoy listening to some cool music.

Capitaland’s One Pearl Bank also offers a mix of modern facilities for your ultimate comfort and relaxation. Some of the facilities available to help boost your health and wellness include the following:

  • An indoor gym
  • A 50 m swimming pool
  • A hydro spa
  • A club room
  • BBQ pits
  • An outdoor dining area
  • Sky Allotment Gardens
  • Sky Terraces

Check out these other leasehold condominiums we’ve reviewed:

Unique Selling Points

OPB(Near Chinatown & Outram MRT Station)

As One Pearl Bank is a leasehold property, the condominium automatically sets itself competitively among the other condominiums when it comes to the price of apartment units. The unique selling points of this project include it being developed by a trusted developer – CapitaLand.

Additionally, as the architecture of this project development is a joint venture between both London-based Serie Architects and Singapore-based Multiply Architects, be it the building structure of this project or visual construction of the condominium towers, residents can be assured that they will be residing in an architectural masterpiece.

Given the proximity of One Pearl Bank is close to MRT stations – particularly the closest being Outram Park MRT Station which is approximately less than 5 minutes’ walk from Exit B, it provides significant convenience to people who require a lot of public transport travelling.

On top of that, the development of this project is located extremely near the city centre (also known as the downtown core) and central business district of Singapore – giving its residence a well-balanced proposition of lifestyle choice and working life. 

The efforts of the developers attribute great value proposition with many more residences planned for in the neighborhood, making it an extremely attractive deal for property investors as well.

Who Should Buy A Unit In One Pearl Bank

One Pearl Bank is a great place for families to buy a unit in this well throughout housing plot in Singapore due to its nearness to educational institutions, health facilities, and modern-day conveniences. With a well-established transportation system (such as East-West Line, North-East Line, and the upcoming East-Coast Line) for commuters, getting around the precinct is easy and convenient.

On top of that, property investors will also find One Pearl building units for sale to be a very appealing option due to the area’s potential for growth and development.

Our Review of One Pearl Bank

Living in prime District 3 is a dream come true for many Singaporeans and expatriates alike. Being the owner of a studio unit in this highly sought-after area is something to take pride in.

The eagerly-awaited One Peary Bank project was publicly launched on 20th July 2019, and I personally reckon that buying a house in this area would be much like buying a masterpiece.

However, with so many condos near various MRT stations, potential homeowners have numerous options to consider. If you consider some of its benefits, One Pearl Bank clearly comes out as a valuable investment to homebuyers and investors alike. By simply looking at the locality and the price, you can see that there’s actually little to complain about (with the exception of certain unit types).

You’ll be close to some of the finest amenities in Singapore. Moreover, you will enjoy the privilege of raising your kids in one of the best kid-friendly places in Singapore. The convenient location of this property makes it a wonderful investment for anyone.

Even if you have a house in another area of Singapore and you’re not ready to move, it’s strongly recommended to invest in this place in order to increase your investment portfolio and maximise your capital gain over time.

Conclusion

Buying a unit at One Pearl Bank will allow you to enjoy the best of Singaporean transport, shopping, dining, education, recreational parks, and more close to your home.

Whether you’re looking for investment opportunities or to buy your first property, don’t miss out on this great chance to book a residence in one of the most in-demand districts in the country.

So be sure to contact us today to show your interest and book your One Pearl Bank showflat viewing appointment and to take advantage of floor plan pricing, including the developer price and other privileged details.

If you’re keen to check out the review of other condos, here are some that we think you might be interested too:

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