99-yearRCRDistrict 3 (Outram)

Pearl Bank Apartment(Old)

Reviewed by Nathan TangUpdated 24 September 2026
Quick Summary

Pearl Bank Apartment(Old) is a 99-year apartment in District 3 (Outram) that obtained TOP in 1976, with 280 units across 1 block. The lease has approximately 43 years remaining.

Key facts about Pearl Bank Apartment(Old)
Tenure99-year leasehold from 1970 (≈43 years left)
TOP year1976
DeveloperARECA INVESTMENT PTE LTD
Units280 in 1 block
District and areaDistrict 3 · Outram · RCR
Nearest MRTOutram Park MRT, 180 m (~3 min walk)
1

What's for sale and for rent at Pearl Bank Apartment(Old)?

Key Takeaway

No units at Pearl Bank Apartment(Old) are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Pearl Bank Apartment(Old)?

Key Takeaway

Floor plans for Pearl Bank Apartment(Old) aren't in PropKaki's library yet.

3

Is Pearl Bank Apartment(Old) a good investment?

Key Takeaway

Pearl Bank Apartment(Old) has no resales on record yet, so it has no track record of its own. Across District 3, 89% of 7,486 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 5.9-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

District 3 sold for more

89%

of 7,486 private resales

Median gain

23%

gross, before costs

Median hold

5.9 years

bought to resold

Pearl Bank Apartment(Old) has fewer than 10 matched resales, so the figures are for District 3 as a whole. Check the odds for your unit size and holding period →

4

Where is Pearl Bank Apartment(Old) and what's nearby?

Key Takeaway

Pearl Bank Apartment(Old) is located in Outram, in the Central Region of Singapore.

Pearl Bank Apartment(Old) is a 99-year apartment completed in 1976. It was developed by ARECA INVESTMENT PTE LTD. The development has 280 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.

PEARL BANK APARTMENT(OLD) 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 180m 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.

5

How far is Pearl Bank Apartment(Old) from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Pearl Bank Apartment(Old) is Outram Park MRT, about 180 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 priority820 m
  • River Valley Primary SchoolPrimary school1.3 km
  • Zhangde Primary SchoolPrimary school1.6 km
  • Chij (Kellock)Primary school1.6 km
  • Gan Eng Seng SchoolSecondary school1.9 km
  • Radin Mas Primary SchoolPrimary school2.0 km
  • Alexandra Primary SchoolPrimary school2.0 km

Shops, food & parks

Mall: Chinatown Point · 588 mSupermarket: Wan Siew Yoong · 358 mHawker centre: People's Park Food Centre · 376 mPark: Pearl'S Hill City Pk · 224 m

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

6

Who built Pearl Bank Apartment(Old) and how big is the development?

Key Takeaway

Pearl Bank Apartment(Old) was developed by ARECA INVESTMENT PTE LTD, with 280 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
7

How many property agents are active around Pearl Bank Apartment(Old)?

Key Takeaway

7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Pearl Bank Apartment(Old) 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 Pearl Bank Apartment(Old)? Ask before you commit.

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

PropKaki
Is Pearl Bank Apartment(Old) a good buy, and what are units selling for?

Recent units at Pearl Bank Apartment(Old) sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
8

Frequently asked questions about Pearl Bank Apartment(Old)

Is Pearl Bank Apartment(Old) freehold?⌄

No. Pearl Bank Apartment(Old) is on a 99-year lease that started in 1970, with about 43 years left.

How old is Pearl Bank Apartment(Old)?⌄

Pearl Bank Apartment(Old) was completed (obtained TOP) in 1976, so it is about 50 years old.

Is Pearl Bank Apartment(Old) a good investment?⌄

Pearl Bank Apartment(Old) has no resales on record yet, so it has no track record of its own. Across District 3, 89% of 7,486 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 5.9-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

Is Pearl Bank Apartment(Old) an EC?⌄

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

Who is the developer of Pearl Bank Apartment(Old)?⌄

Pearl Bank Apartment(Old) was developed by ARECA INVESTMENT PTE LTD.

Where is Pearl Bank Apartment(Old) located?⌄

Pearl Bank Apartment(Old) is at 1 Pearl Bank, Singapore 169016, in Outram (District 3). The nearest MRT station is Outram Park MRT, about 180 m away.

How many units are there in Pearl Bank Apartment(Old)?⌄

Pearl Bank Apartment(Old) has 280 units in 1 block, up to 38 storeys high.

Which primary schools are within 1 km of Pearl Bank Apartment(Old)?⌄

Cantonment Primary School is within 1 km of Pearl Bank Apartment(Old). Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.