One Pearl Bank Investment

[Leah Lim]

Over the weekend of July 13 and 14, more than 4,000 prospective homebuyers flocked to the public preview of CapitaLand’s One Pearl Bank, a redevelopment of the former horseshoe-shaped Pearl Bank Apartments in Outram. The preview attracted former residents as well as new homebuyers.“[Homebuyers] are attracted to the development mainly due to the site’s attributes and architectural design of the building,” says Eugene Lim, key executive officer of ERA Realty Network.Located in District 3, One Pearl Bank is within walking distance of Chinatown and is the only development atop Pearl’s Hill. The 99-year leasehold development will have two 39-storey residential towers with 774 apartments ranging from studios to penthouses of between 431 and 2,788 sq ft. The project is marketed by ERA and Huttons Asia.

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