99-yearRCRDistrict 3 (Outram)

One Pearl Bank

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 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 361 units for sale from S$960k to S$6.80M. The lease has approximately 92 years remaining.

Key facts about One Pearl Bank
Tenure99-year leasehold from 2019 (≈92 years left)
TOP year2024
DeveloperARECA INVESTMENT PTE LTD
Units774 in 1 block
District and areaDistrict 3 · Outram · RCR
Nearest MRTOutram Park MRT, 188 m (~3 min walk)
Latest median psfS$2,601 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at One Pearl Bank?

Key Takeaway

One Pearl Bank has 361 units listed for sale, asking S$960k to S$6.80M (median S$2,622 psf), and 86 units for rent at a median of S$4,700 a month.

For sale

361 listings

S$960k – S$6.80M

For rent

86 listings

S$3,600 – S$9,000 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom23S$968k–S$1.35MS$2,552 psf
1-bedroom132S$960k–S$1.62MS$2,544 psf
2-bedroom117S$1.70M–S$2.45MS$2,654 psf
3-bedroom36S$3.00M–S$3.65MS$2,939 psf
4-bedroom14S$3.80M–S$6.80MS$2,654 psf
Unspecified39S$968k–S$1.65M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at One Pearl Bank?

Key Takeaway

Floor plans for One Pearl Bank aren't in PropKaki's library yet. Across 834 URA caveats, units range from 431 sqft to 2,788 sqft, and the middle half are 527 sqft to 893 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom431 sqftS$968k · S$2,552 psf
1-bedroom430 sqft to 570 sqftS$960k · S$2,544 psf
2-bedroom700 sqft to 893 sqftS$1.70M · S$2,654 psf
3-bedroom1,098 sqft to 1,281 sqftS$3.00M · S$2,939 psf
4-bedroom1,399 sqft to 2,626 sqftS$3.80M · S$2,654 psf

Check the Floor Plan Finder for One Pearl Bank →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

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$4,804

533 rentals on record

Gross rental yield

2.8%

indicative, gross

Units currently for sale are asking a median of S$2,622 psf.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at One Pearl Bank?

Key Takeaway

One Pearl Bank has 834 recorded sales; the most recent transacted at S$1,800,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,800,000700S$2,573 psf
Jul 2026S$988,000431S$2,295 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 533 rentals on record since Jul 2019. Source: URA.

5

Are prices at One Pearl Bank rising?

Key Takeaway

The median transacted PSF at One Pearl Bank has risen 9% over the past 7 years (20192026), from S$2,371 psf to S$2,573 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,573 psfS$2.03M14+2.6%
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.

6

Is One Pearl Bank a good investment?

Key Takeaway

Of 60 units at One Pearl Bank that were bought and later resold (bought from 2019, resold up to 2026), 83% sold for more than they were bought for, with a median gain of 8% over a median 4.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

83%

of 60 resales here

Median gain

8%

gross, before costs

Median hold

4.5 years

bought to resold

Every unit at One Pearl Bank with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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

Read how to tell if a condo is profitable →

12

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

38,518

all-time · all property types

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

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…
13

Frequently asked questions about One Pearl Bank

Is One Pearl Bank freehold?

No. One Pearl Bank is on a 99-year lease that started in 2019, with about 92 years left.

How old is One Pearl Bank?

One Pearl Bank was completed (obtained TOP) in 2024, so it is about 2 years old.

Is One Pearl Bank a good investment?

Of 60 units at One Pearl Bank that were bought and later resold (bought from 2019, resold up to 2026), 83% sold for more than they were bought for, with a median gain of 8% over a median 4.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Is One Pearl Bank an EC?

No. One Pearl Bank is a private apartment development, not an executive condominium (EC).

Who is the developer of One Pearl Bank?

One Pearl Bank was developed by ARECA INVESTMENT PTE LTD.

What is the price of a condo at One Pearl Bank?

Units at One Pearl Bank have recently sold for around S$2.03M (S$2,601 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 361 units are listed for sale from S$960k to S$6.80M.

Where is One Pearl Bank located?

One Pearl Bank is at 1 Pearl Bank, Singapore 169016, in Outram (District 3). The nearest MRT station is Outram Park MRT, about 188 m away.

How many units are there in One Pearl Bank?

One Pearl Bank has 774 units in 1 block, up to 38 storeys high.

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.

Are prices at One Pearl Bank going up?

The median price per square foot at One Pearl Bank has risen about 9% between 2019 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

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 get priority in Primary 1 (P1) registration.