One Pearl Bank, formerly the Pearl Bank Apartments, is a condominium that’s located in a prime site in Outram Park. The new development whose developer is CapitaLand was acquired through a private treaty agreement. CapitaLand is one of the biggest real estate companies not only in Asia but also globally. It was first established in 2000 when DBS Land and Pidemco Land merged. The company deals with the development of commercial real estate, real estate investment, hospitality businesses, residential, and integrated developments. One Pearl Bank is one of its latest acquisitions and its total cost topped almost S$728 million.
One Pearl Bank China Town Singapore
One Pearl Bank’s high demand comes from its location. It’s surrounded by a wide range of public amenities. For instance, One Pearl Bank Apartment is just a few minutes away from Chinatown and the Central Business District. Movement from one place to another is made possible with the well-connected nodes of transport which include the Outram MRT Station which serves three different MRT lines i.e. the Thomson East Coast Line which is an upcoming MRT station, the East-West, and North-East Lines. Additionally, there is the Central Expressway which makes traveling to the city while the New Bridge Road and Eu. Tong Seng Street contain buses for public commuting.
One Pearl Bank Capitaland Former Pearl Bank Apartments
CapitaLand masterplan’s on One Pearl Bank indicates that the company expects to create a residential development which consists of high-rise apartments with around 800 units. The condo has social & shared amenities which are designed to promote a sense of togetherness and community.
One Pearl Bank’s physical address shows that it’s located in a mature estate. It’s found within the vicinity of shopping centers such as the Central Mall @ Clarke Quay, Chinatown Point, and People Park’s complex among others. Apart from the facilities within this condo catering to the entertainment needs of the residents, there are also numerous outdoor facilities which are family-friendly.
One Pearl Bank Pearl Bank Road
This development features units with one, two, and three bedrooms. This ensures that the different family needs, as well as budget, are considered. Besides that, there are two main types of facing i.e. the Pear’s Hill City Park and the Pearl Bank Road. However, residents staying from the sixth floor and above will get clear unblocked views.
Note that the Outram precinct will soon undergo an immense transformation. So, investing in One Pearl Bank is also good for business since the surrounding area will be redeveloped and it will feature an upgraded healthcare center, seamless transport network, and a research hub among others.