One Pearl Bank: A gem for investors

By Valerie Kor / EdgeProp Singapore | March 30, 2020 9:00 AM SGT
One Pearl Bank night
Centrally located in the Outram area, One Pearl Bank apartments will be move-in ready for their new owners (Photo: CapitaLand)
Buying a property is only half the battle fought.
Property buyers and investors are well-acquainted with the next part: getting the home move-in ready.
Renovation and fitting out the house constitute a time-consuming project, involving frequent checks on contractors to inspect the work done; finding individual vendors for curtains, air conditioning, and bathroom fittings; and deciding which appliances to buy.
That is why One Pearl Bank is so attractive for property buyers, especially investors, since CapitaLand will take care of these tasks with its “Renovation Zero Concept”. One Pearl Bank’s 774 units, across two towers, will come with all necessary fittings, down to day and night curtains.
In other words, once you collect your keys, you can start marketing it for lease or move in almost immediately.

Thoughtful design with Renovation Zero Concept provisions

Let’s take a tour of a potential One Pearl Bank home. Upon entering the apartment, you’ll be welcomed by the warm and cosy timber-panelled entrance portal with shoe cabinets incorporated — a stylish way to save space and keep things tidy.
One Pearl Bank kitchen design
The fully integrated kitchen comes with a premium system from Italian designer brand Ernestomeda and complete suite of appliances from Swiss-made V-ZUG (Photo: CapitaLand)
Stepping into the kitchen, you’ll see a premium kitchen system from Italian designer brand Ernestomeda. The kitchen hood, hob, refrigerator, freezer and washer-cum-dryer are from V-ZUG, a Swiss home appliances purveyor specialising in practical, high-quality offerings.
The kitchen cabinets are thoughtfully designed with ventilation panels to prevent mould and other microorganisms from growing in Singapore’s humid climate.
Sinks provided in the kitchen and the bathrooms are integrated, meaning they are made from the same material as the countertops they are set into. This not only creates the aesthetic effect of a seamless and smooth surface, it also makes it easier to clean and maintain. The engineered tiles used are highly durable, easy to clean and resistant to scratches, heat, UV rays and hard knocks.
one pearl bank bathrooms
Bathrooms are fitted with Hansgrohe products, including a Raindance Rainfall shower system in the master bathrooms (Photo: CapitaLand)
In the bathrooms, where most of us shed our day-time armour and revert to relaxation mode, cove lighting creates a calm ambience. Bathroom fittings are from German brand Hansgrohe and the highlight is definitely the Raindance Rainfall shower system in the master bathroom. The rain shower will wash away all your worries and you can switch to a gush jet for a water massage too.
The apartments will be furnished with large format porcelain floor tiles. Not only are they currently on trend, they are also durable and easy to maintain. More importantly, the size of the floor tiles make the spaces feel larger.
Every unit at One Pearl Bank will also have a built-in smart mirror that transforms to a digital screen at a swipe. Aside from getting news updates and the weather forecasts, it is a one-touch controller for your smart home. Use it to register visitors, view who’s at your door, book facilities, and even control your aircon and lights. Bonus: you can even enjoy endless shopping deals from all CapitaLand malls too.
The larger units and penthouses will have more storage space and wider cooking areas, whereas smaller units (studio, one and two-bedroom units) will have a swivel table incorporated with the kitchen system to allow for flexible use of space as it doubles up as a dining table cum breakfast counter.
Units include studio apartments (431 sq ft), one-bedroom units (527 to 570 sq ft), two-bedroom units (700 to 893 sq ft), three-bedroom units (1,098 to 1,281 sq ft), four-bedroom units (1,399 to 1,432 sq ft) and penthouses (2,626 to 2,788 sq ft).

At the centre stage of Outram

One Pearl Bank facade
One Pearl Bank is designed by Serie+Multiply and will become the tallest residential development in the Outram area with 39 storeys (Photo: CapitaLand)
When completed in 2023, One Pearl Bank’s award-winning design by Serie+Multiply will cement its position on Outram Park’s skyline, being the tallest residential development in the Outram area with 39 storeys.
The impressive facade is not just a feast for the eyes; it’s a testament to CapitaLand’s intelligent use of vertical space. Sky bridges connect the two curving towers to create the Sky Oculus where residents can enjoy the social facilities while admiring the spectacular 360-degree views. There are sky allotment gardens—a world’s first—on every four storeys and the gardens have spaces where residents can grow plants, herbs, fruit or vegetables.
sky allotment gardens one pearl bank
Sky allotment gardens on every four storeys encourage community interaction through urban farming of plants, herbs, fruits, and vegetables (Photo: CapitaLand)
At the Privé Terrace on the level 14, there is a yoga deck and meditation corner while at the level 18 Social Terrace, you can find an outdoor lounge and al fresco dining space, outdoor amphitheatre and entertainment area.
Aside from abundant amenities, it is only a three-minute walk to Outram Park MRT Station, which serves as an interchange for three MRT lines: the East-West, North-East and upcoming Thomson-East Coast Lines. Raffles Place MRT Station and Dhoby Ghaut MRT Interchange Station are just two to three stops away. Once the Thomson-East Coast Line is completed in 2021, you will get direct access to Orchard and Marina Bay Stations as well.
Pearl’s Hill City Park is a 9ha “green lung” right next door that offers a breath of fresh air. On days when you feel too lazy to step out for leisure, there’s a 50m lap pool and aqua gym in the compound. Children can have a splashing good time at the kids’ pool and playground. Choose between an outdoor pavilion and a function room for a gathering with loved ones.
The future tenant pool within the area is expected to grow, given the abundant amenities and prime location, which means proximity to Grade-A offices and the upcoming Singapore General Hospital Campus, Singapore's largest medical campus.
Future residents and tenants will enjoy close proximity to key areas designated for redevelopment in the URA Master Plan 2019. The downtown area will see more public spaces, while the Greater Southern Waterfront, stretching 30km from Pasir Panjang to Gardens by the Bay (East), would also undergo rejuvenation, with the addition of residential and commercial properties. There may even be a theme park similar to Universal Studios Singapore on Pulau Brani. Furthermore, Pearl’s Hill City Park will also be upgraded with a hill-to-hill link to Fort Canning Park. The future of One Pearl Bank cannot be brighter.
Enjoy convenient city living from just over $1 million. With the rental yield projected at 2.5% to 3%, these move-in-ready units offer a valuable opportunity.
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