{"id":106985,"date":"2019-05-10T10:24:50","date_gmt":"2019-05-10T03:24:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pearl-bank-apartments-to-be-digitally-preserved-ahead-of-redevelopment\/"},"modified":"2019-05-10T11:13:48","modified_gmt":"2019-05-10T04:13:48","slug":"pearl-bank-apartments-to-be-digitally-preserved-ahead-of-redevelopment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pearl-bank-apartments-to-be-digitally-preserved-ahead-of-redevelopment\/","title":{"rendered":"Pearl Bank Apartments to be digitally preserved ahead of redevelopment"},"content":{"rendered":"


\nCapitaLand has spent months documenting Pearl Bank\u2019s facade with the use of drones as well as detailed images and videos of the building.
\nThe iconic Pearl Bank Apartments in Outram is set to be digitally documented for public archives ahead of the building\u2019s redevelopment.
\nIn fact, CapitaLand has spent three months documenting drone scans of its external fa\u00e7ade, 3-D laser scans of its various apartment types and common areas, as well as detailed images and videos of the building.
\nPearl Bank Apartments is one of several aging condos to be sold en bloc in recent years. Check out this guide to Understanding the En Bloc Process.
\nThe data gathered was processed in point clouds with the use of photogrammetry technology and converted into 3-D models.
\n\u201cTogether with the 3-D models, the digital AutoCAD drawings of the building\u2019s floor plans, section plans and elevation plans have been submitted to the Urban Redevelopment Authority for public archive at a later stage,\u201d said Ronald Tay, CEO of CapitaLand Singapore, Malaysia and Indonesia.
\n\u201cDocumenting the building for posterity is CapitaLand\u2019s way of contributing towards the study of Singapore\u2019s urban development, by making the knowledge accessible not just to researchers and students, but also everyone.\u201d
\nAside from generating the 3-D models of the building, a guided photowalk of Pearl Bank Apartments will also be held for the Instagram community.
\nPearl Bank Apartments was acquired via a private treaty en bloc sale in February last year, with CapitaLand taking vacant possession of the property on 30 April.
\nTay revealed that CapitaLand has extensively evaluated various redevelopment options for the site, taking into consideration prevailing market conditions, housing policies and building safety requirements, among others.
\n\u201cWhile it is not feasible to conserve Pearl Bank Apartments, CapitaLand is committed to retaining its innovative spirit and will offer more Singapore residents the chance to lead their dream urban lifestyles at this prime location in central Singapore. This is also in line with the authorities\u2019 plans to develop more homes in Singapore\u2019s Central Area.\u201d
\nThe new development will feature 774 apartments and is slated for completion in 2023 \u2013 the same time when the third MRT line in Outram is expected to start operations.
\nCheck out PropertyGuru\u2019s\u00a0properties for sale near Outram Park MRT station!\u00a0Alternately, refer to our\u00a0handy buying guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Pearl Bank Apartments to be digitally preserved ahead of redevelopment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CapitaLand has spent months documenting Pearl Bank\u2019s facade with the use of drones as well...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106985","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rPz","jetpack-related-posts":[{"id":107123,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-what-the-new-one-pearl-bank-will-look-like\/","url_meta":{"origin":106985,"position":0},"title":"Here's What The New One Pearl Bank Will Look Like","date":"May 15, 2019","format":false,"excerpt":"\r The new design pays homage to the iconic apartment design and more. CapitaLand has unveiled the design for One Pearl Bank, the development replacing the horseshoe-shaped One Pearl Bank Apartments acquired by the developer for $728 million in February last year. Designed by multi award-winning Serie+Multiply, the new development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/05\/Image-1_CapitaLand-unveils-One-Pearl-Bank-266x300.jpg?fit=266%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":108906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-pearl-bank-to-preview-this-saturday\/","url_meta":{"origin":106985,"position":1},"title":"One Pearl Bank To Preview This Saturday","date":"July 12, 2019","format":false,"excerpt":"\r The sales gallery of One Pearl Bank, the development replacing the iconic One Pearl Bank Apartments, will be opened for public viewing this Saturday (13 July), with bookings starting from 20 July. Set to become the tallest residential development within the Outram district, One Pearl Bank comprises two curved\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-one-pearl-bank-so-popular-with-homebuyers\/","url_meta":{"origin":106985,"position":2},"title":"Why Is One Pearl Bank So Popular With Homebuyers?","date":"July 15, 2019","format":false,"excerpt":"\r Amid gloomy market conditions, the public preview of One Pearl Bank by CapitaLand drew over 4,000 prospective buyers to its sales gallery over the weekend of 13 and 14 July 2019.\u00a0 What makes the project so popular? Below are some of our observations. 1. Unique design One Pearl Bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pearl-bank-apartments-makes-4th-collective-sale-attempt\/","url_meta":{"origin":106985,"position":3},"title":"Pearl Bank Apartments makes 4th collective sale attempt","date":"July 10, 2017","format":false,"excerpt":"\r View of Pearl Bank Apartments in Outram. (Photo: Wikimedia Commons) The owners of Pearl Bank Apartments in Outram are once again trying their luck at a collective sale, appointing Colliers International and Lee and Lee as marketing agent and law firm for the en bloc process respectively, reported Channel\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-net-profit-down-18-8-on-absence-of-one-off-gain\/","url_meta":{"origin":106985,"position":4},"title":"CapitaLand net profit down 18.8% on absence of one-off gain","date":"May 2, 2018","format":false,"excerpt":"\r Net profit fell due to the absence of a $160.9 million gain from the sale of The Nassim a year ago. CapitaLand\u2019s net profit for the first quarter of 2018 fell 18.8 percent to $319.1 million, primarily due to the absence of a $160.9 million gain from the sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-residents-among-the-2000-visitors-at-one-pearl-bank-launch\/","url_meta":{"origin":106985,"position":5},"title":"Former residents among the 2,000 visitors at One Pearl Bank launch","date":"July 15, 2019","format":false,"excerpt":"\r One Pearl Bank attracted about 2,300 buyers during its opening, including former residents, two of which registered their intent to acquire units. However, a large part found that the new development is beyond their reach, even with the new payouts from the en bloc sale.\u00a0 Some 2,300 prospective buyers,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106985"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106985"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}