Pearls Centre

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 929 psf
Range
S$ 929 - 929 psf

Rental Price **

Average
S$ 3.6 psf pm
Range
S$ 3.6 - 3.6 psf pm

Rental Yield **

4.7%

Rental income expressed as a percentage of the property's value.

Amenities

4.1
4.1

Convenience

4.5
4.5

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Pearls Centre is a leasehold (99 yrs from 1969) apartment completed in 1977. The development occupies a land area of 5,305 sqm and a Gross Floor Area of 29,707 sqm. It consists of 44 units. According to records, buyers of this development are Singaporean 78.6%, PR 9.5%, Foreigner 11.9%, Company 0.0%.

PEARLS CENTRE is located along Eu Tong Sen Street in Outram, in District 1. It is accessible through the nearest MRTs including Outram Park EW16, NE3, TE17 and Maxwell TE18.

Based on transaction data in the last 12 months, sale prices range from S$ 929 psf to S$ 929 psf at an average of S$ 929 psf. Its highest recorded transaction was S$ 929 psf in Feb 2012 for a 753-sqft unit. Its lowest recorded transaction was S$ 247 psf in Dec 2004 for a 1,485-sqft unit. Its current rental yield is at 4.7%. Other nearby amenities include: 3 Grocerie(s): WAN SIEW YOONG, HONG HENG SENG, IROHA INTERNATIONAL PTE. LTD., and 3 Shopping Mall(s): PEARLS CENTRE, CHINATOWN COMPLEX, PEOPLE'S PARK COMPLEX.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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3
"Very old shopping mall, not well maintain. But closest to Outram mrt."
F** F** C****
Google Review     |   28 Jan 2016
1
"All but closed down. Most of the vendors have moved to People's Park shopping complex near Chinatown MRT."
N***** F******
Google Review     |   16 Jul 2015
5
"excellent"
E**** N*
Google Review     |   31 Dec 2014
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PEARLS CENTRE

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Area(sqft)
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Price(S$ psf)
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Type of Area
Purchaser Address
Source

Asking Price of PEARLS CENTRE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of PEARLS CENTRE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

No data

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Conservation shophouse on Teo Hong Road on the market for $15 mil

FAQs about PEARLS CENTRE

What is the nearest MRT Station to PEARLS CENTRE ?
The nearest MRT Station from PEARLS CENTRE is Outram Park NE3,EW16,TE17,TE18 MRT

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