99-yearRCRDistrict 3 (Outram)

One Pearl Bank

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026 (URA)
Quick Summary

One Pearl Bank is a 99-year apartment in District 3 (Outram) that obtained TOP in 2024, with 774 units across 1 block. Across 834 transactions on record, units have recently transacted around S$2.03M (S$2,601 psf, ~743 sqft). There are 310 units for sale from S$960k to S$6.80M. The lease has approximately 92 years remaining.

1

What are the key facts about One Pearl Bank?

Key Takeaway

One Pearl Bank is a 99-year apartment in District 3 (Outram) that obtained TOP in 2024, with 774 units across 1 block.

Tenure
99-year
TOP / Completion
2024
Developer
ARECA INVESTMENT PTE LTD
Total units
774
Blocks
1
District / Area
District 3 (Outram)
Market segment
RCR
Median PSF
S$2,601 psf
Last transacted
Jul 2026
Remaining lease
≈ 92 years
2

What is the price and PSF at One Pearl Bank?

Key Takeaway

Units have recently transacted around S$2.03M (S$2,601 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$2.03M

recent · 834 sales on record

Median PSF

S$2,601 psf

recent transactions

Median rent (monthly)

S$4,821

514 rentals on record

Gross rental yield

2.8%

indicative, gross

Units currently for sale are asking a median of S$2,589 psf.

Source: URA caveat data, through Jul 2026.

3

What has recently sold at One Pearl Bank?

Key Takeaway

One Pearl Bank has 834 recorded sales; the most recent transacted at S$988,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$988,000431S$2,295 psf
Jun 2026S$1,625,000700S$2,323 psf
Jun 2026S$1,625,000700S$2,323 psf
Jun 2026S$3,330,0001,216S$2,738 psf
May 2026S$3,138,8801,184S$2,651 psf
Apr 2026S$1,385,000570S$2,428 psf
Mar 2026S$2,380,000893S$2,664 psf
Mar 2026S$1,820,000700S$2,601 psf
Feb 2026S$2,950,0001,152S$2,561 psf
Feb 2026S$2,030,000743S$2,733 psf
Jan 2026S$2,250,000840S$2,680 psf
Jan 2026S$2,200,000807S$2,725 psf

834 sales and 514 rentals on record since Jul 2019. Source: URA.

4

Are prices at One Pearl Bank rising?

Key Takeaway

The median transacted PSF at One Pearl Bank has risen 8% over the past 7 years (20192026), from S$2,371 psf to S$2,561 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,561 psfS$2.03M14+2.1%
2025S$2,508 psfS$1.82M30+0.4%
2024S$2,498 psfS$2.00M9-9.3%
2023S$2,755 psfS$3.10M77+7.2%
2022S$2,569 psfS$2.14M173+3.7%
2021S$2,478 psfS$1.85M157-0.8%
2020S$2,497 psfS$1.60M122+5.3%
2019S$2,371 psfS$1.37M252

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around One Pearl Bank?

Key Takeaway

7,621 CEA-registered agents closed at least one recorded deal in District 3 — where One Pearl Bank sits — in the last 12 months, across all property types.

Active agents · 12mo

7,621

District 3 · closed ≥1 deal

Deals on record

38,483

all-time · all property types

Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at One Pearl Bank?

Key Takeaway

One Pearl Bank has 310 units listed for sale, spanning 0–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom19S$988k–S$1.30MS$2,552 psf
1-bedroom109S$960k–S$1.59MS$2,523 psf
2-bedroom100S$1.60M–S$2.45MS$2,697 psf
3-bedroom32S$3.00M–S$3.80MS$2,732 psf
4-bedroom11S$3.80M–S$6.80MS$2,589 psf
Unspecified39S$988k–S$1.65M
7

Where is One Pearl Bank and what's nearby?

Key Takeaway

One Pearl Bank is located in Outram, in the Central Region of Singapore.

One Pearl Bank is a 99-year apartment completed in 2024. It was developed by ARECA INVESTMENT PTE LTD. The development has 774 residential units. It sits on a land area of 7,653 sqm and has a gross floor area of 56,999 sqm. The plot ratio is 7.2.

ONE PEARL BANK is located at 1 Pearl Bank, Singapore 169016. It is part of District 03, Queenstown / Tiong Bahru, Outram. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Outram Park MRT, approximately 188m away, around 3 minutes on foot. Nearby amenities include Chinatown Point for shopping, WAN SIEW YOONG for groceries, People's Park Food Centre for food options, and Pearl'S Hill City Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Clubhouse, Fun pool, Gymnasium room, and Lap pool.

8

Who built One Pearl Bank and how big is the development?

Key Takeaway

One Pearl Bank was developed by ARECA INVESTMENT PTE LTD, with 774 units over up to 38 storeys.

Developer
ARECA INVESTMENT PTE LTD
Floors
38 storeys
Blocks
1
Land area
7,653 sqm (82,376 sqft)
Gross floor area
56,999 sqm (613,532 sqft)
Plot ratio
7.20
9

How far is One Pearl Bank from MRT and schools?

Key Takeaway

The nearest MRT/LRT to One Pearl Bank is Outram Park MRT, about 188 m away (~3 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Cantonment Primary SchoolPrimary schoolwithin 1 km · P1 priority833 m
  • River Valley Primary SchoolPrimary school1.3 km
  • Zhangde Primary SchoolPrimary school1.5 km
  • Chij (Kellock)Primary school1.6 km
  • Gan Eng Seng SchoolSecondary school1.9 km
  • Alexandra Primary SchoolPrimary school1.9 km
  • Radin Mas Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: Chinatown Point · 591 mSupermarket: Wan Siew Yoong · 370 mHawker centre: People's Park Food Centre · 375 mPark: Pearl'S Hill City Pk · 209 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does One Pearl Bank have?

Key Takeaway

One Pearl Bank has 12 facilities, including Barbeque Area, Basement car park, Clubhouse, Fun pool, and more.

Barbeque AreaBasement car parkClubhouseFun poolGymnasium roomLap poolLoungeMulti-purpose hallPavillionPlaygroundSpa poolSwimming pool
11

What does it cost to own a unit at One Pearl Bank?

Key Takeaway

Buying a unit at One Pearl Bank (~S$2.03M) needs about S$14,860/mo in income and S$6,837/mo in repayments, after S$71,100 stamp duty and a S$508k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.03M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$71,100

BSD, tiered

Downpayment (25%)

S$508k

cash + CPF

Monthly instalment

S$6,837/mo

30y @ 3.5%

Income required

S$14,860/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about One Pearl Bank? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from One Pearl Bank's own transactions.

PropKaki
Is One Pearl Bank a good buy, and what are units selling for?

Recent units at One Pearl Bank sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about One Pearl Bank

How much does a unit at One Pearl Bank cost?

Units at One Pearl Bank have recently transacted around S$2.03M (S$2,601 psf), from 834 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at One Pearl Bank?

For a unit around S$2.03M as a first home, you'd need roughly S$14,860/mo in income (assessed at the stress-test rate), with repayments near S$6,837/mo after a S$508k (25%) downpayment and S$71,100 Buyer's Stamp Duty.

Is One Pearl Bank a good investment?

Gross rental yield is about 2.8%; median PSF has risen about 8% since 2019. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at One Pearl Bank going up?

The median transacted PSF at One Pearl Bank has risen about 8% between 2019 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is One Pearl Bank freehold or leasehold?

One Pearl Bank is 99-year, with approximately 92 years remaining on the lease.

When was One Pearl Bank built and who developed it?

One Pearl Bank obtained TOP in 2024, developed by ARECA INVESTMENT PTE LTD, with 774 units across 1 block.

How many units are for sale at One Pearl Bank?

There are 310 units for sale at One Pearl Bank, from S$960k to S$6.80M.

What is the nearest MRT to One Pearl Bank?

The nearest MRT/LRT station to One Pearl Bank is Outram Park MRT, about 188 m away (~3 min walk).

Which primary schools are within 1 km of One Pearl Bank?

Cantonment Primary School is within 1 km of One Pearl Bank — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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