Strategic Excellent Location
An upcoming integrated development in the neighborhood of 1 Pearl Bank, Singapore.
overview
Here is no place like home
One Pearl Bank is a residential development built on the site of the Pearl Bank Apartments, a historic landmark for many Singaporeans. Capitaland will build One Pearl Bank in place of Pearl Bank Apartments.
one pearl bank project info
In 1969, the first Government land sale site for private residential development, Pearl Bank Apartments, was established.
The apartments, which stood 113 meters tall in 1976, was Singapore’s tallest residential building. It also had the highest density of flats for private residential development at the time, with 280 units.
The owners had intended to conserve the building by gazetteing it and increasing its gross floor size. To add, they planned to sell the extra development quantum to a developer. They may then use the money to renovate the old structure. This idea, however, failed because they were unable to secure the necessary clearance from the owners.
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Looking at the architecture, it appears that CapitaLand is trying to keep the former apartment’s unique horseshoe-look. Homebuyers and property investors who value location and famous architecture would be delighted.
It hoped to become one of Singapore’s most iconic residential structures once completed. The developer has done an excellent job of maintaining its unique and iconic architecture.
This condo also comes at a premium price because it was developed by a reputable developer and is located in the Central Area. More than two-thirds of the available units are priced around $2 million, with options ranging from studios to three-bedroom apartments.
one pearl bank Environment and surroundings
It is located in the Outram Park neighborhood, which is near to the CBD and a short drive from Marina Bay, Clarke Quay, Orchard Road, and Harbourfront. The Outram Park MRT station is about a 2-minute walk away. It is located directly across the street from Pearl’s Hill City Park. People’s Park Complex, one of Singapore’s oldest malls, is also close by!
It is served by three MRT lines: the Thomson-East Coast Line (TEL), which is a joint line between the Thomson Line and the Eastern Region Line, and the Thomson-East Coast Line (TEL), which is a combined line between the Thomson Line and the Eastern Region Line.
By 2023, the new MRT line will be finished, with operationally ready stations opening in stages. Commuters will be able to travel in all directions using this new route.