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This project is undoubtedly the most iconic among Capitaland property portfolio. How often can you find a project so centrally located yet next to a nature park? Within a mere 3 minutes fully sheltered stroll to Outram MRT Station, which is slated to become a triple-line (EW/NE/TEL) interchange in 2021, convenience is never compromised. Demand for this project will be huge as Singapore General Hospital (SGH) is just across the road, which is undergoing a massive transformation & just round the corner is the Central Business District.
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One Pearl Bank will be the icon of Chinatown, this is not just a typical condo that you see everywhere, owning a unit here is like owning a part of our Singapore history. This is the very first government land tender that was put up for private development. CapitaLand is well known for their iconic buildings, you just need to take a look at Interlace & Sky Habitat as examples and you will have high anticipation and excitement for what CapitaLand will bring to Chinatown.
From an investment point of view, One Pearl Bank is definitely the one that we can look at, because of the high volume of rentals transacted around the vicinity. For a 1-br with a size of 400sqft - 500sqft, rent can go from $2,700 - $3,500 which are quite decent figures. With the upcoming Outram Medical Campus development it will only add on to the strong tenant pool for this area.
From an investment point of view, One Pearl Bank is definitely the one that we can look at, because of the high volume of rentals transacted around the vicinity. For a 1-br with a size of 400sqft - 500sqft, rent can go from $2,700 - $3,500 which are quite decent figures. With the upcoming Outram Medical Campus development it will only add on to the strong tenant pool for this area.
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