Introduction of Chinatown
Chinatown, once an enclave for Singapore’s Chinese immigrant population, is now the top attraction for tourists. Not only that, Chinatown is also a home to many Chinese people.
Though connected to the Central Business District area of Singapore, there is still some hint of traditional handicraft workshops such as wood engraving services etc and many more. Whether you are a foodie exploring the traditional flavors of a country or one who loves fusion, Chinatown’s diverse local food offerings are certain to sate your appetite.
One Pearl Bank, formerly known as Pearl Bank Apartment
The famous Pearl Bank apartment in Chinatown was built in 1976 and was also the tallest residential building in this area. In 2018, the CapitaLand Group successfully acquired Pearl Bank for $728 million. Today, the horseshoe-shaped Pearl Bank apartment has been renamed as One Pearl Bank, making it the iconic landmark in Outram-Chinatown precinct.
One Pearl Bank, the tallest residential building in Chinatown district sits on a land area of approximately 7,653 sqm, with 2 blocks of 39 storeys high. With a total of 774 luxurious units, residents can choose from studio apartments as well as 1 to 4 bedrooms, unit layouts ranging from 431 to 2,540 sqft.
About One Pearl Bank
Built along 1 Pearl Bank, the development is within close proximity to Pearl’s Hill City Park and Fort Canning Hill Park, adding a sense of tranquility and serenity at One Pearl Bank. CapitaLand recreates the unique cylindrical-shaped horse-shoe architecture while adding many new elements so that residents can enjoy a 360 panoramic view of Chinatown’s beautiful scenery as well as the CBD area. Facing the south and enjoying the sea view of Sentosa, One Pearl Bank is a rare residential development in Singapore with sea view facing.
One Pearl Bank is located in District 3 of the RCR (Rest of Central Region), it is closely connected to the financial hub of Singapore and easily accessible by 3 MRT stations. Just a 200m walk and you will reach Outram Park MRT Interchange (North East Line/East West Line/Upcoming Thomson-East Coast Line) which gives you direct access to 82 MRT stations without making a transfer.
Amenities and Facilities
One Pearl Bank has a wide range of facilities for the residents, including a 50m swimming pool, kids’ pool, sky terrace, 2 roof gardens, a 24-hr security and concierge service etc. Residents can even invite their friends over to One Pearl Bank’s Sky Terrace to enjoy the city view.
One of the main unique selling points of One Pearl Bank is its renovation-zero approach, where buyers can move in immediately after purchase. All units come with a fully-equipped modern kitchen as well as built-in lighting and curtains. The kitchen is elegantly designed with a full suite of luxurious Swiss-made V-ZUG equipment, including a washer-dryer and a high-quality Italian Ernestomeda integrated kitchen system.
Though the development is located in District 3 RCR, it actually boasts the conveniences of the central area. To add on, Singapore General Hospital (SGH) which is near One Pearl Bank will be redeveloped into a new medical hub over the next 20 years which will be a great investment opportunity, and also increasing the demand in rental for the area.
CapitaLand is one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, it’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 200 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.