By preserving the original and iconic look of Pearl Bank Apartments, CapitaLand has created a dream project for the public, the One Pearl Bank Condominiums. Located at the edge of Pearl Hill, in District 03, these condos have already got a lot of attention of people. However, before buying or investing, you might want to know about a few more interesting facts about it.
$2424.50 per sq ft is the estimated price of One Pearl Bank – After the collective sale of Pearl Bank Apartments at S$728 million, the price of the 82,376 sq ft residential site with the proposed plan and gross floor area of 613,530 sq ft came up to S$1,515. However, the financial managers of the site re-estimated the price of the units after adding other essential costs. Now, the final estimated cost is S$2,424 per sq ft.
The top investors and real estate experts are not at all surprised by this price because the location of the condos sets it up all. Outram and Chinatown MRT stations, CBD, etc are very near to the site. There is a huge crowd waiting to get one of these units. So, if you want your unit too then book One Pearl Bank Showflat and choose the best floorplan.
Outram MRT station connected three major lines – It is said that by the time One Pearl Bank condos will be completed, MRT station of Outram will be connected to three major lines of mass rapid transit. The proposed time of completion of the residential site is 2023 and till then the interconnectivity project of MRT will also be done. So, this simply means that residents won’t just have two MRT stations near them but can also go to all the major places of the city as they will have connectivity to East-West, Thomson East Coast and North East line of MRT.
Close proximity to Keong Saik Road – A good feature of living in these units is that you are within a walking distance from Keong Saik Road. This road was formerly known as the red light area of the district but recently it has been gentrified in a very good way. Now, this place is a famous hangout spot for people as there are a lot of hipster cafes, clubs, rooftop restaurants, and many other spots to hang out with friends and also have lots of fun.
200 planting plots set on 18 sky gardens – one of the most alluring features of the entire site is the greenery. The horseshoe shaped two towers are covered with lots of greenery and there is no way to tell how beautiful it looks from the outside. The major crowd of interested buyers is because of lots of plants. As per the proposed plan, there will be a garden at the distance of every four floors. There will be 11 plants in every garden. Thus, the two towers with 39 stories and 774 units, there will be 200 plots. The developers have also given a beautiful rooftop garden which is built at the top and it connects both the towers.