One Pearl Bank at Prime Central Area Singapore Iconic Residential Landmark For Sale
ONE PEARL BANK DISTINGUISHED AND TALLEST AT OUTRAM-CHINATOWN
One Pearl Bank, just 160 metres from Outram Park MRT, will be one of the most convenient residential property, most distinctive, tallest and the cleverest Iconic Landmark in Outram-Chinatown District. Rising at the peak of Pearl’s hill with two remarkable curving 39-storey residential blocks, hosting 774 units, every resident will be so glad to call this home.
Developed by CapitaLand and designed by multi award-winning joint venture architect, Serie+Multiply, One Pearl Bank will be an outstanding Landmark which looks futuristic, modern and most unique. The architect has cleverly brought the aura and impression from the history of One Pearl Bank and design it with an almost absurd ultramodern concept ready for the space age.
UNIQUELY ONE PEARL BANK
Majestic and Creative
Clever Shape Of Tower
Two gently curving towers which form two half shells, link by sky bridges, creating a light and airy effect. Views from the units would be expanded without any blockages. Residents can enjoy stunning views through the towers
Masterpiece Development at Outram-Chinatown
Tallest and Distinctive
One Pearl Bank will be the tallest residential property in Outram-Chinatown district at 178 m. One benefit of perching on top of a hill is the ability to offer views that all-embracing and far-reaching to Central Business District, Sentosa, Marina Bay and the future Greater Southern Waterfront.
World's First for a Residential Development
Vertical Sky Allotment Gardens
Bringing the concept of urban farming to an aspiring and desirous level, One Pearl Bank will be the world’s first residential property with vertical sky allotment gardens.
Residents will be able to grow herbs, fruits and vegetables for their own consumption via the estimated 200 allotment plots across 18 sky gardens. It would be intriguing to residents to be more food independent through their high rise home.
The sky allotments gardens will reinforce Singapore’s ranking as a world leader in urban planning.
Created to Enjoy New Ways of Lushess
Exceptional Landscape Design on Ground Floor
There will be an auspicious koi pond specially design at one corner of the site, and there will be a unique walkway leading to Pearl Hill City Park. While Pearl Hill City Park seems to be under-utilised today, it will be transformed into a modern yet tranquil park, an excellent location to relieve the stressful city life.
The sky allotments gardens will reinforce Singapore’s ranking as a world leader in urban planning.
Iconic Around Outram-Chinatown
Outstanding Visual Treat
The unique architectural design, together with the vertical sky allotment gardens, will provide an outstanding stunning impact to whoever glancing at the direction of One Pearl Bank.
There is an allotment garden in every four storeys, hosting 11 plots each. Besides, there will be two sky terraces and two roof gardens and a sunken planter in every balcony, enhancing the lush greenery impact on the facade visually.
Value of Homes Will Probably Rise Quite Quickly
Upside Opportunity At Location
Buyers of One Pearl Bank will enjoy the First Mover Advantage as there are 8 future Government Land Sales (GLS) residential sites surrounding One Pearl Bank. Future Land Sales will almost definitely be priced higher than One Pearl Bank.
The transformation of Singapore General Hospital (SGH), the largest healthcare hub, meeting growing future healthcare needs with the development of the sprawling 43-hectare Campus will also bring higher value to the land around One Pearl Bank.
ONE PEARL BANK SPECIFICATIONS
One Pearl Bank
Areca Investment (Part of Capitaland)
Serie+Multiply (London based Serie Architects and Singapore based Multiply Architects)
Junction of Outram Park and Pearl Bank
7,653 sqm (82,376 sqft)
Leasehold of 99 Years from 1 March 2019
No. of Storey at Residential Tower
No. of Block
No. of Units
774 luxurious units
Types of Residential Units
Average Size (Sqm)
Average Size (sqft)
1 Bedroom / 1 Bedroom + Study
BENEFITS TO RESIDENTS
Since One Pearl Bank is practically sitting on a top of a small hill, residents would enjoy fantastic unobstructed views of the city and as far reaching to the future Greater Southern Waterfront. Residential Units are elevated 21 metres so that residents on the lower floor units would also enjoy looking out from windows or balconies.
Taking advantages of the greenery of Pearl’s Hill City Park, One Pearl Bank will connect it up to their land, with 60,000 square feet of trees, shrubs, plants and flowers. This was designed with the purpose of a unique city living with a lush garden setting.
Two mid-tower sky terraces and two roof gardens at One Pearl Bank will be the main areas for facilities. The views while using each facility will be outstanding. Residents will be able to:
- Relax at the lounge
- Work out at either the indoor or outdoor gymnasium
- Enjoy walking or take a short jog at the roof gardens with exceptional views
- Host gatherings at the open amphitheatre
- Destress by unwinding or do yoga at the meditation corner
Residents will have the opportunity to grow their own plants via the sky allotment gardens. Imagine the delight of getting herbs, fruits and vegetable from the gardens within the same development that they are staying. This would also promote community bonding.
Many Types of Unit
Regardless whether a buyer is looking for an investment property or a property to stay, there is a wide range of different types of units, from Studio, One, Two, Three, Four-Bedroom units and Penthouses.
It is anticipated that many investors and collectors will aim for the smaller size units and demand will likely be high. For those buying to stay, you would belong to a small percentage of the population who are incredibly fortunate and be the envy of many others.
PRIME CENTRAL LOCATION
Urban Design Element
One Pear Bank is located at the edge of the Downtown Core Planning Area within the Central Region of Singapore. It is also within the Special and Detailed Control Plans (SDCP) in the Master Plan. With the government keeping a close lookout and even provided and provided special Street-block and Urban Design Guidelines, this location would be particular and of greater importance.
Outram MRT Station is just three-minute stroll away from One Pearl Bank via a comfortably sheltered linkway. It is now an interchange for the East-West Line and North-East Line. In future, it will connect to the future Thomson-East Coast Line adding more convenience for commuters to utilise the MRT network to reach more destinations.
Two expressways are around the corner of One Pearl Bank, the Central Expressway and Ayer Rajah Expressway. Drivers will also be delighted to note that there is no need to pay for Electronic Road Pricing (ERP) charges as One Pearl Bank is just outside the ERP gantry area.
PRICES INDICATIVE FOR LAUNCH PERIOD
Demand for Smaller Units
Demand is expected to high for smaller units, from younger individuals and investors looking for city living type of apartments since this is located in a prime location, very convenient to Central Business District and Singapore General Hospital.
Renovation Zero Apartments
Prices offered included lightings, full range of luxury Swiss-made V-Zug appliances and units will be ready for immediate occupation, similar to a service apartment. Investors would be delighted as they can rent out the units within the shortest time possible within any concern on a renovation.
No of Units
Indicative Prices (SGD)
527 to 570
49 to 53
700 to 893
65 to 83
1,098 to 1,281
102 to 119
1,399 to 1,432
130 to 133
2,626 to 2,788
244 to 259
To be advised
One Pearl Bank is around 220 meters from People’s Park Complex, the most compelling shopping centre at Chinatown, which is filled with shops, proper massage centres, money changers, travel agencies and a trendy hawker food centre. While this will be changed in the new future, the replacement will likely uphold this crown of Chinatown.
Chinatown itself is the most significant heritage precinct in Singapore, a ‘must visit’ location for tourists, is an amalgamate of hippy haunts, food paradise, cultural treasures, historic temples and architectural delights. There is so much to enjoy.
1. OUTRAM PARK - EW16, NE3, TE17
2. MAXWELL - TE18
3. CHINATOWN - DT19, NE4
4. HAVELOCK - TE16
Indulgence and Entertainment
|1. PEOPLE'S PARK COMPLEX||337M||1 PARK ROAD (S)059108|
|2. CHINATOWN COMPLEX||386M||335 SMITH STREET (S)050335|
|3. LUCKY CHINATOWN||399M||211 NEW BRIDGE ROAD (S)059432|
|4. YUE HWA (NAM TIN) BUILDING||459M||70 EU TONG SEN STREET (S)059805|
|5. CHINATOWN POINT||627M||133 NEW BRIDGE ROAD (S)059413|
|6. CENTRAL MALL||665M||1 MAGAZINE ROAD (S)059567|
For Your Financial Needs
1. UOB NEW BRIDGE BRANCH
1 Park Road #01-01/02People s Park Complex (S) 059108
2. OCBC OCBC PEOPLE'S PARK BRANCH
101 Upper Cross St #01-27 and B1-49/50/51 Peoples Park Centre (S) 058357
3. UOB SOUTH BRIDGE BRANCH
Blk 531 Upper Cross Street #01-07Hong Lim Complex (S) 50531
4. DBSPOSB SOUTH BRIDGE BRANCH
Blk 531 Upper Cross Street #01-51 Hong Lim Complex (S) 050531
Cultivating Your Kid's Best
1. MY FIRST SKOOL
54, CHIN SWEE ROAD, #01 - 22, CHIN SWEE AREA OFFICE, (S) 160054
2. ETONHOUSE PRE-SCHOOL PTE LTD
240, OUTRAM ROAD, (S) 169043
3. YWCA OUTRAM CHILD DEVELOPMENT CENTRE
254, OUTRAM ROAD, (S) 169051
Pre-schooling, Care And Development
|1. CHINESE KINDERGARTEN||528M||256, Outram Road|
|2. YWCA KINDERGARTEN (OUTRAM)||563M||254, Outram Road|
|3. FAIRFIELD METHODIST CHURCH KINDERGARTEN||(602M||1, Tanjong Pagar Road|
|4. PCF TANJONG PAGAR-TIONG BAHRU BLK 1E||718M||Blk 1E Cantoment Road #03-49|
Getting Fresh Groceries
1. SHENG SIONG
Blk 52 Chin Swee Rd #01-25 (S)160052
#B1-01 133 New Bridge Road (S) 059413
3. COLD STORAGE
18 CROSS STREET #B1-03-04 CHINA SQUARE CENTRAL S(048423)
For The Bookworm In You
133 North Bridge Road
Embracing Mother Nature
|1. PEARL'S HILL CITY PARK||178M||Pearl's Hill Terrace|
|2. DUXTON PLAIN PARK||273M|
|3. TANJONG PAGAR RICOH PARK||969M||above the Tanjong Pagar MRT station|
|4. THE FOOTHILLS FORT CANNING PARK||1,220M|
Best Means For Local Delights
Prominent Hawker Centres
1. PEOPLE'S PARK FOOD CENTRE
32 New Market Road
2. CHINATOWN COMPLEX MARKET
335 Smith Street
3. JALAN KUKOH MARKET & HAWKER CENTRE
1 Jalan Kukoh
4. MAXWELL FOOD CENTRE; KIM HUA MARKET
1 Kadayanallur Street
Convenience For Drivers
1. SPC HAVELOCK
397 HAVELOCK ROAD S(169630)
2. SHELL OUTRAM 305
305 OUTRAM ROAD S(169072)
3. SHELL HAVELOCK
548 HAVELOCK ROAD S(169637)
IN SUMMING UP
One Pearl Bank will be an outstanding Iconic Residential Landmark in Prime Central Region. The developer and architects have come up with an emblematic residential apartment with an intriguing facade and incorporated many unique concepts. This will likely be one of a kind and will lead the best urban lifestyle in Singapore.
Looking ahead of more land sales surrounding One Pearl Bank and more transformation at SGH, the value of the area can only increase. The question is, perhaps, how fast and how much.
This year, 2019, you have the opportunity to own this Landmark. If you are keen, you must contact us to enjoy the best prices, the best choices and even be very proud that you could own a unit (or more) in One Pearl Bank.
BACKGROUND INFORMATION OF PEARL BANK
One Pearl Bank was previously called Pearl Bank Apartment was one of the most iconic buildings in Singapore built in the early 70s. It was initially discussed to promote both conservation and redevelopment, but the dialogue failed, fall short of 100% consensus as per URA requirement.
It was finally put up for en-bloc with some hope on preservation in architecture. It was sold to CapitaLand in February 2019 for S$728 million, translating to S$1,515 per square foot per plot ratio. In the spirit of contributing to the study of Singapore’s urban development, CapitaLand took 3 months to document Pearl Bank Apartment digitally and convert data into 3-D models. It was submitted to URA for the public archive.
While preservation was not feasible, CapitaLand is committed to retaining its innovative spirit.
DEVELOPED BY REOWNED SINGAPORE DEVELOPER
CapitaLand, as one of Asia’s largest real estate companies, listed in Singapore with a global portfolio of over S$103 billion, will not disappoint buyers and residents of One Pearl Bank. They have extensive experience, capabilities, planning and the resources in providing high-quality standard in every aspect in developing their property.
They have been awarded numerous times for their construction, sustainability (environmental, social and governance), architectural design, safety and all-round excellence awards for the homes that they have developed.
DESIGNED BY AWARDING WINNING SERIE+MULTIPLY JOINT VENTURE
Serie Architects, based in London, is well known for their work in spatial intelligence, formal elegance and contextual engagement and has a strong reputation for impressive chic design. Some of the famous projects done are
- Aarvli Resort, Goa, India
- Bavarian History Museum, Regensburg, Germany
- Bluefrog Music Club, Mumbai, India
- Nodeul Island, Seoul
- Zhuhai Urban Heart, Zhuhai, China
Multiply Architects is established in Singapore and has worked in close collaboration with Serie. Some of the projects they have worked together are:
- NUS School of Design, Singapore
- Singapore Subordinate Courts Complex, Singapore
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One Pearl Bank Iconic Homes So Creative, Delight and Fantastic
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Impressive One Pearl Bank
CapitaLand with Serie+Multiply Architect came with this very impressive homes in the City of Singapore. World’s First Allotment Gardens for Residential. So convenience at Outram and Chinatown. Very promising upsides. Definitely iconic and One Pearl Bank will be a prominent landmark.