The One Pearl Bank condo is one of the newest projects in a prime area of Singapore close to the central business district. It is being developed by the reputed real estate developer Capitaland, one of the largest real estate companies in Singapore. Capitaland has developed a large number of prrime properties in Singapore, China, Vietnam, Malaysia, and is listed in the Singapore stock exchange. The Pearl Bank apartments were earlier located at the place where the condo is planned and had a total of 280 residential apartments and eight shops. A private deal was signed to acquire the apartment complex.
One Pearl Bank Condo Singapore
One Pearl Bank Outram Park is planned in district three of Singapore close to the well developed Outram Park area. The plot area is approximately 82,376 square feet and the gross floor area is expected to be about 613,701 square feet. The plot is leased for a period of 99 years. One of the unique areas of the plot is that it has a very high plot ratio of 7.45. Though the number of storeys is not finalized, approximately 800 units are being planned. The top of the condo is expected to be completed by the year 2023. The condo is located near the green Pearl Hills and will have a number of shared social amenities like club, function room.
One Pearl Bank Outram MRT Station
One of the main advantages of One Pearl Bank Capitaland is that it is located very close to the Outram MRT Station, which is an interchange station for three different MRT lines. These lines are the North East, East West and Thomson East Coast line. This allows residents to reach different parts of Singapore quickly. The main highways of Singapore, the Central Expressway and Ayer Rajah Expressway are located close to the condo, so vehicle owners of the former pearl bank apartments can use them to travel to their destination. There are also a number of buses which are halting at Eu Tong Seng street and New Bridge road in the vicinity, which is convenient for residents who use public transport.
One Pearl Bank Located Near to People’s Park Complex
Since the condo is centrally located, Outram Park and the area around it, is well developed. There are a number of shopping complexes in the area like the People’s park complex, Central Mall, Clarke Quay, Tiong Bahru Plaza. These malls have a number of restaurants with a wide range of food and beverages, in addition to a large number of shops, stocking thousands of products. For the convenience of families with children, the Gan Eng Seng and Cantonment primary school and the Outram secondary school are located closed to proposed condo. China town is also in the vicinity for those who like Chinese food and other products.