The landmark horse-shoe shaped Pearl Bank Apartments near Outram Park MRT station will be torn down for redevelopment after it was sold to CapitaLand in a S$728 million collective sale. Located along Outram Road, District 2, Singapore. The project has site area of 82,376 sqft, comprising 800 units.
One Pearl Bank Factsheet
| Projects | One Pearl Bank |
| Developer | Capitaland |
| Location | Pearl Bank / Outram Park |
| District | 3 |
| Tenure | 99 years wef 1 March 2019 |
| Site Area | 7,653 sqm/82,376 sqft |
| GFA | 56,998.8 sqm/ 613,530 sqft |
| Car Parking | 620 lots + 5 handicapped lots |
| Total Units | - 774 residential including studio apartments and penthouses
- Ranging in size from about 430 sqft to 2,800 sqft |
| Storey | - Comprises two curved 39-storey towers - 18 sky allotment gardens - Close to 200 plots |
| TOP | 30 June 2024 |
| Expected Legal Completion Date | 31 December 2026 |
| Designed | Serie+Multiply |
| Project Description | Proposed residential flat development comprising 2 residential blocks of 39-storey (total 774 units) with 4 levels basement car parks, swimming pool and communal facilities on Lot 00189l, TS 22 at Pearl Bank (Outram Planning Area) |
One Pearl Bank Units Mix
| Unit Type | No. Of Units | Average Area | % |
| Studio | 140 | 40 sqm (431 sqft) | 18% |
| 1 bedroom | 175 | 49 sqm (538 sqft) - 53 sqm (570 sqft) | 23% |
| 2 Bedroom | 280 | 65 sqm (689 sqft) - 83 sqm (893 sqft) | 36% |
| 3 Bedroom | 140 | 102 sqm (1,141 sqft) - 119 sqm (1281 sqft) | 18% |
| 4 Bedroom | 35 | 133 sqm (1,432 sqft) | 4% |
| Penthouse | 4 | 250 sqm (2,691 sqft) - 258 sqm (2777sqft) | 1% |
| TOTAL | 774 | 100% |
WHY INVEST IN PEARL BANK APARTMENT?
- Developed By Singapore-listed developer CapitaLand.
- CapitaLand said it plans to redevelop the site into a high-rise project of around 800 units, with a finish date in early 2023.
- Near to Vivocity, Harbourfront, Universal Studio, Resort World and Sentosa.
- Conveniently travel to surrounding via Outram MRT Station, Ayer Rajah Expressway, Marina Caostal Expressway and Central Expressway.
- Tanjong Pagar Market & Food Centre, China Town Complex, Maxwell Food Centre and Amoy Street Food Centre are just a short distance from your home.
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