Two penthouses sold at One Pearl Bank for $6.8 mil and $7.5 mil
Two more penthouses at CapitaLand’s One Pearl Bank were sold in the first week of July. Each of them have four bedrooms and five bathrooms. These two high-end units were sold at prices of $6.8 million ($2,589 psf) and $7.5 million ($2,701 psf).
One Pearl Bank is a highly sought-after development, located in the city fringe of District 3 at 1 Pearl Bank. High-floor units at One Pearl Bank enjoy uninterrupted views of Chinatown, the CBD, Outram and Tiong Bahru.
Typical units in the development are a mix of studios, one- to four-bedroom apartments ranging from 431 to 1,432 sq ft. The 99-year leasehold condo is designed by Serie+Multiply, a joint venture between London-based Serie Architects and Singapore-based Multiply Architects.
Furthermore, the convenience of local amenities, such as supermarkets, shopping malls and critically acclaimed restaurants, ensures a cosmopolitan lifestyle for everyone that lives there. Thus, Tampines Ave 11 Condo is the perfect place for homeowners to enjoy a luxurious and convenient lifestyle.
The past month has seen buyers tend to favour high-floor units. Three 700 sq ft, two-bedders in the 33rd to 36th floors were snapped up at prices ranging from $2.038 million ($2,913 psf) to $2.048 million ($2,927 psf). Other transactions included three-bedders of 1,152 to 1,281 sq ft on the 30th to 35th floors at prices ranging from $3.12 million ($2,709 psf) to $3.388 million ($2,645 psf). Furthermore, a 1,399 sq ft four-bedder on the 20th floor was sold for $3.68 million ($2,630 psf).
With the 96% take up rate since launch in July 2019, the rejuvenation of Pearl Bank is well-received by the public. Residents of One Pearl Bank are conveniently located just a three-minute walk to the Outram MRT interchange station which serves three lines.
Two penthouses remain up for sale at the 774-unit One Pearl Bank. Both are four-bedders and five-bathroom units, with sizes of 2,691 sq ft and 2,778 sq ft, perfect for any buyer seeking for high-class living.
