{"id":109008,"date":"2019-07-15T12:22:26","date_gmt":"2019-07-15T05:22:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-one-pearl-bank-so-popular-with-homebuyers\/"},"modified":"2019-07-15T13:08:40","modified_gmt":"2019-07-15T06:08:40","slug":"why-is-one-pearl-bank-so-popular-with-homebuyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-one-pearl-bank-so-popular-with-homebuyers\/","title":{"rendered":"Why Is One Pearl Bank So Popular With Homebuyers?"},"content":{"rendered":"


\nAmid 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.
\n1. Unique design
\nOne Pearl Bank is a redevelopment of the iconic horseshoe-shaped Pearl Bank Apartments that was sold in a collective sale for $728 million in February last year.
\nDesigned by multi-award-winning Serie+Multiply, the new development pays homage to its iconic predecessor. It comprises two curved 39-storey towers that are connected at the roof by sky bridges.
\nFeaturing a total of 774 apartments, One Pearl Bank will offer a vast array of unit types from studio to penthouses, with sizes ranging from 430 sq ft to 2,800 sq ft.
\n2. Unblocked views
\nAt 178 metres, One Pearl Bank is set to be the tallest residential development within the Outram-Chinatown district, offering unblocked views that extend from the Central Business District to Sentosa for most of its residents.
\nCapitaLand noted that the development\u2019s slender, curved facades create an airy and light effect, providing residents and onlookers ample space \u201cto look out and through the towers to admire the stunning views atop the hill\u201d.
\n3. Attractive lifestyle amenities
\nOne Pearl Bank\u2019s ample community spaces and green features, which include the world\u2019s first vertically arrayed allotment gardens in a residential development and seamless integration with the adjacent Pearl Hill\u2019s City Park, could be another draw.
\nEach tower will feature an allotment garden for every four storeys, with each garden having 11 plots where residents can grow herbs, fruits and vegetables. Overall, the development will boast 18 sky allotment gardens and almost 200 plots.
\n4. Central location
\nProspective homebuyers were attracted to One Pearl Bank\u2019s prime city-centre location with excellent connectivity to three MRT lines and three highways
\nScheduled for completion in 2023, the development will enjoy excellent transport connectivity.\u00a0 One Pearl Bank is a three-minute walk via a sheltered linkway from Outram MRT Station, a triple-line interchange station serving the East-West Line, North-East Line and upcoming Thomson-East Coast Line.\u00a0
\nIt is also linked to two highways, namely Central Expressway and Ayer Rajah Expressway.\u00a0 One Pearl Bank\u2019s completion will follow the opening of the Thomson-East Coast Line, making the commute between home and Shenton Way, Marina Bay and Orchard even more convenient for residents.
\n5. Pricing
\nLastly, units at One Pearl Bank starts at under $1 million, which is often an attractive pricing threshold for urbanites looking to own a home in a mature estate.
\nMore than two-thirds of the 774 units are priced below S$2 million each.\u00a0 A wide selection of unit types from studio apartments to penthouses is available, ranging from 431 square feet for a studio apartment to 2,788 square feet for the largest of four penthouses.
\nIn fact, word on the street says that many of its prospective buyers include former residents
\nBookings for One Pearl Bank will start this Saturday, 20 July 2019. It is slated for completion in 2023.
\nWhile you\u2019re here, see what properties are for sale in the\u00a0Outram area.\u00a0Or, read our handy property buying guides\u00a0to help you own a property.
\n\u00a0
\nFiona Ho, Digital Content Manager at PropertyGuru, wrote this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Why Is One Pearl Bank So Popular With Homebuyers?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Amid gloomy market conditions, the public preview of One Pearl Bank by CapitaLand drew over...<\/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-109008","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-smc","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":109008,"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":108998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-residents-among-the-2000-visitors-at-one-pearl-bank-launch\/","url_meta":{"origin":109008,"position":1},"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":[]},{"id":108906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-pearl-bank-to-preview-this-saturday\/","url_meta":{"origin":109008,"position":2},"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":60302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pearl-bank-apartments-makes-4th-collective-sale-attempt\/","url_meta":{"origin":109008,"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":109220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-pearl-bank-moved-80-of-units-released-during-launch-weekend\/","url_meta":{"origin":109008,"position":4},"title":"One Pearl Bank moved 80% of units released during launch weekend","date":"July 22, 2019","format":false,"excerpt":"\r CapitaLand sold 160 units or 80 percent of the 200 units released at One Pearl Bank during its first weekend of launch, at an average price of $2,400 per sq ft (psf). Bookings for One Pearl Bank started at 11am on 20 July (Saturday), or a week after its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pearl-bank-apartments-to-be-digitally-preserved-ahead-of-redevelopment\/","url_meta":{"origin":109008,"position":5},"title":"Pearl Bank Apartments to be digitally preserved ahead of redevelopment","date":"May 10, 2019","format":false,"excerpt":"\r CapitaLand has spent months documenting Pearl Bank\u2019s facade with the use of drones as well as detailed images and videos of the building. The iconic Pearl Bank Apartments in Outram is set to be digitally documented for public archives ahead of the building\u2019s redevelopment. In fact, CapitaLand has spent\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\/109008"}],"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=109008"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109008\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}