Homestory

Is ONE PEARL BANK Condo a Good Buy in 2021?

The new condo in Outram Park, which will be completed by 2023, will be built on the site of the former iconic Pearl Bank Apartment. Pearl Bank Apartment (built in 1976), which was once Singapore’s highest private residential complex, was undoubtedly one of the most talked-about en bloc sales of 2018. Despite years of efforts to save the horseshoe-shaped residential project, the land near Outram Park MRT station was eventually sold to real estate giant CapitaLand for $728 million.


The sales gallery was filled with almost 4,000 people during its first preview weekend as it prepares to make way for the new One Pearl Bank condominium. Looking at the architecture of One Pearl Bank, it appears that CapitaLand is trying to keep the former Pearl Bank Apartment’s unique horseshoe-look. Homebuyers and property investors who value location and famous architecture would be delighted to include this work of art in their portfolio.


Many property purchasers will be wondering if One Pearl Bank condo is a good buy, and how it compares to its ‘competitors’, given the enthusiasm surrounding recent adjacent debuts like as Rivière and Sky Everton. One Pearl Bank’s proximity to Outram Park MRT station is undoubtedly a major selling point for potential buyers. The MRT station is within a 5-minute walk away from the apartment.

In fact, the Outram Park MRT station is more than just a regular train station; it serves as an interchange station for the East-West an

d North-East MRT lines. As a result, commuters living at One Pearl Bank will find it quite convenient to get to various parts of Singapore.


A wide range of services are available in the area.

One of the advantages of living in One Pearl Bank is the abundance of amenities available in the region. The condominium’s proximity to Chinatown, one of the city’s most popular hangout locations for both locals and visitors. Various eateries selling traditional fare such as chicken rice, noodle dishes, stay, and other delights may be found. You may always go to Club Street, where you’ll find a variety of stylish lounges and wine bars, for a quick drink and to hang out with your pals. In addition, there are several souvenir stores in the area that sell clothing, antiques, and crafts.


If you’re interested in culture, you can walk by the Sri Mariamman Temple, which was erected in 1827, as well as the highly-decorated Buddha Tooth Relic Temple & Museum, which was designed in the old Tang dynasty’s architectural style. If you need to purchase your daily food and essentials, the nearest store (FairPrice) is located in Chinatown Point, which is only an 11-minute walk from One Pearl Bank. Cantonment Elementary School is the only school within a 1-kilometer radius of One Pearl Bank that offers primary education. River Valley Elementary School, Zhangde Primary School, CHIJ (Kellock), and Radin Mas Primary School are only a few of the prominent primary schools within a 2-kilometer radius. 5 Steps Academy (located in Everton Park) and Chatsworth International School are the nearest international schools to One Pearl Bank (Orchard Campus).

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