99-yearRCRDistrict 3 (Outram)

Pearl Bank Apartment(Old)

Reviewed by Nathan TangUpdated 10 August 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.

1

What are the key facts about Pearl Bank Apartment(Old)?

Key Takeaway

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

Tenure
99-year
TOP / Completion
1976
Developer
ARECA INVESTMENT PTE LTD
Total units
280
Blocks
1
District / Area
District 3 (Outram)
Market segment
RCR
Median PSF
Last transacted
Remaining lease
≈ 43 years
2

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

38,483

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.

3

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.

4

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
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.

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…
6

Frequently asked questions about Pearl Bank Apartment(Old)

Is Pearl Bank Apartment(Old) freehold or leasehold?

Pearl Bank Apartment(Old) is 99-year, with approximately 43 years remaining on the lease.

When was Pearl Bank Apartment(Old) built and who developed it?

Pearl Bank Apartment(Old) obtained TOP in 1976, developed by ARECA INVESTMENT PTE LTD, with 280 units across 1 block.

What is the nearest MRT to Pearl Bank Apartment(Old)?

The nearest MRT/LRT station to Pearl Bank Apartment(Old) is Outram Park MRT, about 180 m away (~3 min walk).

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 qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp