One Pearl Bank’s location used to be the site of the former Pearl Bank Apartments, a landmark horse-shoe shaped development that standout miles away. It was acquired by CapitaLand in 2018 at $1,515 per sq foot per plot ratio.
One Pearl Bank is what we call, an Investor’s “Trophy” property. Why?
High on any Buyer’s Wish List are Location, Capital Protection, Capital Appreciation and Rental Yield. Very few developments are able to check out all these requirements. However, One Pearl Bank checks them out easily.
So what makes a property, a “Trophy” property? Rarity, Exclusivity and History.
Let’s start with History. When Raffles arrived in Singapore in 1819, there are only 2 prominent, strategic, elevated positions overlooking the mouth of the Singapore River. One being Pearl’s Hill and the other lower position, Fort Canning Hill. As we know, Fort Canning is used by the British as a fort to secure the Singapore River. Hence, Pearl’s Hill is the only higher elevated position offering front row seats to the transformation of Singapore over the past 200 years. And at this moment, One Pearl Bank is the one and only development being built on Pearl’s Hill. Isn’t it rare and exclusive in land scarce 1st World country like Singapore, right in the city centre, there’s only one development, One Pearl Bank, perching on a hill with a panoramic view?
There is so much to talk about One Pearl Bank. Nothing beats experiencing it first hand. Call us @ 938 572 83 now before other Investors start snapping it up. Alternatively, you can send us a message online by using the contact form below.