RESIDENTIAL PROPERTY | Staff Reporter, Singapore

CapitaLand's One Pearl Bank preview lures 4,000 visitors over the weekend

774 units are up for sale with prices starting at under $1m.

More than 4,000 prospective homebuyers flocked to CapitaLand’s One Pearl Bank weekend preview and sales gallery.

Located atop Pearl’s Hill and adjacent to the Pearl’s Hill City Park, One Pearl Bank will be built at the former site of the iconic Pearl Bank Apartments. CapitaLand bought the property for $728m in February 2018 and will tear down the current 280-apartment bloc to give way to the 774-unit development.

Prospective buyers were reportedly treated to an unblocked view of the city skyline at the Level 28 viewing gallery. The property will also feature the world’s first vertically arrayed allotment gardens in a residential development.

Units at One Pearl Bank start at under $1m. According to CapitaLand, more than two-thirds of its unit offerings are priced below $2m each. The development offers a variety of unit types, from 431 sq ft studio apartments to a 2,788 sq ft penthouse.

Bookings begin on July 20.

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