Some 80% of the total 200 units released were quickly snapped up during the preview launch of the Outram condominium One Pearl Bank.
CapitaLand, the developer priced the former iconic Pearl Bank Apartments at an average of $2,400psf. An overwhelming capacity crowd of 4000 showed up at the One Pearl Bank showflat on 13 & 14 July.
The 99 year leasehold which stand 39 storey high, comprises of 774 units of studio, one bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms and penthouses.
Of the 160 units sold, are a mix of studio, 1bedroom, 2bedrooms, and 3bedrooms units. Prices started from slightly below $1Million.
One Pearl Bank will have a sheltered linkway to Outram MRT station, which is a triple-line interchange by 2021 .
Mr Ronald Tay, CEO of CapitaLand, was confident that One Pearl Bank’s iconic structure and its good attributes would draw strong interest from prospective investors and home buyers.
CapitaLand’s One Pearl Bank has sold about 80% of the released units during the preview sales.
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