Pearl Bank Apartment
Pearl Bank Apartment is a commercial building in District 3 · Outram, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 7.2. It is leasehold with roughly 43 years remaining. 2 transactions are on record since 1995, most recently in Dec 2014. ACRA records 26 live company registrations at this address.
What are the key facts about Pearl Bank Apartment?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 7.2
- Tenure
- Leasehold
- District / Area
- District 3 · Outram
- Address
- 1 Pearl Bank
- Land area
- 7,653 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 26
About Pearl Bank Apartment
Pearl Bank Apartment is a mixed-use building in Outram (District 03). It is located along Pearl Bank, Singapore 169016.
Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 7.2. It lies inside the Central Area.
The site is leasehold, with about 43 years remaining on the lease. It occupies roughly 7,653 sqm of land with about 56,999 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$756 psf. The most recent was in December 2014.
26 businesses are currently registered at this address with ACRA.
The nearest MRT is Outram Park MRT, 189 m away (about a 3-minute walk). The closest bus stop (Bef Pearl's Hill Terr) is 197 m away (about a 3-minute walk). Chinatown Point is 588 m away (about a 9-minute walk).
What is Pearl Bank Apartment zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 7.2
- Urban design area
- Udga
- Central Area
- Yes
What has Pearl Bank Apartment sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2014 | Office | S$701k | 700 sqft | $1,002 |
| Apr 1997 | Office | S$850k | 1,668 sqft | $509 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Pearl Bank Apartment?
Indicative area yield — District 3 retail
An INDICATIVE AREA yield for District 3 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 3 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $95.98 | $132.22 | $183.14 |
| Level 2 & 3 · 30 & Below | $78.58 | $97.35 | $120.88 |
| Level 1 · >30 - 100 | $79.82 | $93.70 | $105.25 |
| Level 2 & 3 · >30 - 100 | $56.17 | $57.32 | $67.43 |
| Level 2 & 3 · >100 - 300 | $169.34 | $207.58 | $229.29 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 1 · 100 & Below | $91.40 | $96.39 | $119.48 |
| Category 2 · 100 & Below | $57.98 | $71.59 | $86.82 |
| Category 1 · >100 - 200 | $113.24 | $120.54 | $144.36 |
| Category 2 · >100 - 200 | $59.40 | $77.88 | $96.88 |
| Category 2 · >200 - 500 | $69.97 | $89.34 | $97.94 |
| Category 1 · >200 - 500 | $112.64 | $129.70 | $148.82 |
| Category 1 · >500 - 1000 | $119.97 | $136.70 | $147.13 |
| Category 2 · >500 - 1000 | $55.42 | $82.91 | $92.66 |
URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.
What is near Pearl Bank Apartment?
Getting around
- Outram Park MRT189 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Pearl Bank Apartment?
- Live registrations
- 26
- Registered last 3 years
- 13
- Most common type
- Local Company
Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.
Frequently asked questions about Pearl Bank Apartment
Where is Pearl Bank Apartment?⌄
Pearl Bank Apartment is at 1 Pearl Bank, Singapore 169016, in the Outram planning area.
What is Pearl Bank Apartment zoned as?⌄
Pearl Bank Apartment sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 7.2.
What is the tenure of Pearl Bank Apartment?⌄
Pearl Bank Apartment is leasehold. About 43 years remain on the lease.
What have units at Pearl Bank Apartment sold for?⌄
Across 2 recorded transactions, the median price is S$756 psf. The latest was in December 2014.
What is the nearest MRT station to Pearl Bank Apartment?⌄
Outram Park MRT is the closest, 189 m away (about a 3-minute walk).
How many businesses are registered at Pearl Bank Apartment?⌄
26 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on Pearl Bank Apartment.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Pearl Bank Apartment.