One Pearl Bank Condo

Member Type
Trader
Business Type
Agent
Country
Singapore
Industry
Products
Real Estate

Company Introduction

Areca Investment Pte Ltd, entirely owned subsidiary of CapitaLand Limited. It is one of the well-known company in Singapore. It is situated in District 3. One pearl bank formally known as Pearl Bank Apartments, going to re-developed by CapitaLand. The launch target for the project is 2019. One Pearl Bank site is sited on high ground and hold a land area of 7,653 sq m which is about 82,376 sq ft. Though the land has a GPR of 7.2 as per the 2014 Master Plan, the land has a subsist GPR of 7.4479. It can be redeveloped into a development with a GFA of 56, 998.8 sq m which is about 613,530 sq ft. Currently the One Pearl Bank site is an aged building that comprises of 288 units 98 commercial units and 280 apartments existing for 99 years. Each and every owner with an apartment ranging within 123 sq m and 371 sq m , is expected to receive into S$1.8 million and S$4.9 million. Each owner of commercial units between 65 sq m to 523 sq m is expected to be bestowed between S$1.2 million and S$46.9 million. According to Colliers, the buying price marched the owner’s reserve price. An additional top-up of S$201.4 million was made to stretch the lease 99 years. The sale price consider a land price of around S$1,515 psf GFA. One Pearl Bank site is well situated next to Outram Park MRT station. Once certain states are attained, the site is set to be redeveloped into a high-rise residential development that features up to 800 units that include social facilities. Yet, One Pearl Bank site is subject to the Pre-Application Feasibility discussion as per the announcement by URA. The financial institution is DBS Bank Ltd. Project account No. is 003-700133-3. Unlike the old District 3, this place is now transformed into a vibrant enclave packed with many developments that suites residential living. You can find an exorbitance of food options, boutiques, shopping destinations and more around the neighborhood. To give you a hint of what this area has to offer, here are some of the things that you can look forward to enjoying during your stay at One Pearl Bank residences. It has convenient transport network. Located close to the CBD, the convenience you get living at One Pearl Bank is entirely different. This place is linked with roads and MRT lines that deliver quick transport. With an awesome transportation system, accessing different facilities in the neighborhood is made possible. You will be able to save your valuable times traveling between places. The schools are nearby to the One pearl Bank condo Some of the Schools are nearby One Pearl Bank include .Outram Secondary, Queenstown Primary School, Raffles Academy. Inspiration Design School, Zhangde Primary School, Duke-NUS Graduate Medical School, Gan Eng Seng School, MDIS (Management Development Institute of Singapore), Global Indian International School. For more information please visit our website https://www.onepearlbank.com/ Our Address is 1b Pearl Bank, Singapore 169017. Our Phone no. : +65 6100 6552


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About our Company

Company
One Pearl Bank Condo
Business Type
Agent
Products
Real Estate

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One Pearl Bank Condo

Mr. Bank Condo One Pearl

1b Pearl Bank

Singapore Singapore 169017 Singapore

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