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Completed 2023

One Pearl Bank

D03 · Alexandra / Commonwealth · 1 Pearl Bank

A 774-unit apartment in D03, completed in 2023, on a 99-year lease from 2019 with about 91 years left. Developed by Areca Investment Pte Ltd.

Source: Developer brochure; URA caveats, Nov 2026

91 yrs
Lease left
$2,537
Avg $psf, 12 months
21
Sales, 12 months
2023
Completed
One Pearl Bank
Floor plans → Site plan → Read the Stacked review → E-brochure (PDF) →

What brings you to One Pearl Bank?

Buying here? Get a second opinion. 2-bedders here sold for $1.62M to $2.38M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

One Pearl Bank prices

Last 12 months
21
Sales
$2,537
Average $psf
$2,218 – $2,738
$psf range
$955k – $3.42M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom3 sales$2,314 psf$955k – $1.39M431–570 sq ft
2-Bedroom11 sales$2,543 psf$1.62M – $2.38M700–893 sq ft
3-Bedroom7 sales$2,622 psf$2.95M – $3.42M1,152–1,281 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft4 sales$2,268 psfAvg $977k$953k – $1.01M
500–699 sq ft1 sale$2,428 psf$1.39M
700–899 sq ft11 sales$2,543 psfAvg $1.93M$1.62M – $2.38M
1,100–1,299 sq ft7 sales$2,622 psfAvg $3.12M$2.95M – $3.42M
Average $psf by year
In 2025, sales here averaged $2,503 psf, 8% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$2,544$2,389
2025$2,503$2,713
2024$2,480$2,201
2023$2,749$2,259
2022$2,573$2,292
2021$2,464$2,042
2020$2,485$2,004
2019$2,385$1,962
Sales by year
839 sales since 2019; the busiest year was 2019 with 252. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026011819
2025030030
20240909
2023707077
202217300173
202115700157
202012200122
201925200252
Sales in the last two years
51 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
5 Oct 2026#03-XX743 sq ft · 2-Bedroom$1.7M$2,289 psfResale
22 Sep 2026#03-XX807 sq ft · 2-Bedroom$1.9M$2,354 psfResale
18 Sep 2026#36-XX1,152 sq ft · 3-Bedroom$3M$2,605 psfResale
1 Sep 2026#28-XX1,152 sq ft · 3-Bedroom$3.01M$2,613 psfResale
5 Aug 2026#17-XX700 sq ft · 2-Bedroom$1.8M$2,573 psfResale
4 Aug 2026#25-XX1,281 sq ft · 3-Bedroom$3.42M$2,670 psfResale
6 Jul 2026#18-XX431 sq ft · 1-Bedroom$988k$2,295 psfResale
22 Jun 2026#02-XX700 sq ft · 2-Bedroom$1.63M$2,323 psfResale
8 Jun 2026#21-XX1,216 sq ft · 3-Bedroom$3.33M$2,738 psfSub sale
6 May 2026#17-XX1,184 sq ft · 3-Bedroom$3.14M$2,651 psfSub sale
Show all 51 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

One Pearl Bank rent

Leases starting Sep 2025–Aug 2026
260
Leases
$4,200
Median rent a month
$2.21M
Avg sale price, 12 months
2.3%
Est. gross yield

D03 median rent: $4,700 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 medianEst. yield
1-Bedroom73 leases$4,200 median$4,100 – $4,375D03 $3,6504.5% yield
2-Bedroom75 leases$5,400 median$5,250 – $5,600D03 $4,7503.4% yield
3-Bedroom10 leases$7,800 median$7,575 – $8,062D03 $6,5003.0% yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
91years left of 99
2019Ends 2118

99-year lease from 1 Mar 2019. About 91 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

One Pearl Bank floor plans by bedroom type

43 layouts across 774 units, from a 431 sq ft 1-bedroom to a 2,788 sq ft penthouse. Pick a type to see its floor plans.

Bedroom typeLayoutsSize rangeUnits
1-Bedroom 12 431 – 570 sq ft 315 12 layouts · 431 – 570 sq ft · 315 units
A1-a431 sq ft · 18 units A1-a(m)431 sq ft · 18 units A1-b431 sq ft · 52 units A1-b(m)431 sq ft · 52 units B2-a527 sq ft · 9 units B2-b527 sq ft · 26 units B3-a527 sq ft · 9 units B3-b527 sq ft · 26 units B4-a560 sq ft · 9 units B4-b560 sq ft · 26 units B1-a570 sq ft · 18 units B1-b570 sq ft · 52 units
2-Bedroom 15 700 – 893 sq ft 280 15 layouts · 700 – 893 sq ft · 280 units
C1-a700 sq ft · 18 units C1-a(m)700 sq ft · 18 units C1-b700 sq ft · 34 units C1-b(m)700 sq ft · 34 units C1-c700 sq ft · 18 units C1-c(m)700 sq ft · 18 units C2-a743 sq ft · 9 units C2-b743 sq ft · 17 units C2-c743 sq ft · 9 units C4-b807 sq ft · 17 units C3-b840 sq ft · 34 units C4-a840 sq ft · 9 units C4-c840 sq ft · 9 units C3-a893 sq ft · 18 units C3-c893 sq ft · 18 units
3-Bedroom 9 1,098 – 1,281 sq ft 140 9 layouts · 1,098 – 1,281 sq ft · 140 units
D1-a1,098 sq ft · 18 units D1-c1,098 sq ft · 18 units D1-b1,152 sq ft · 34 units D2-b1,184 sq ft · 17 units D3-b1,195 sq ft · 17 units D2-a1,216 sq ft · 9 units D2-c1,216 sq ft · 9 units D3-a1,281 sq ft · 9 units D3-c1,281 sq ft · 9 units
4-Bedroom 3 1,399 – 1,432 sq ft 35 3 layouts · 1,399 – 1,432 sq ft · 35 units
E1-b1,399 sq ft · 17 units E1-a1,432 sq ft · 9 units E1-c1,432 sq ft · 9 units
Penthouse 4 2,626 – 2,788 sq ft 4 4 layouts · 2,626 – 2,788 sq ft · 4 units
F32,626 sq ft · 1 unit F12,691 sq ft · 1 unit F42,777 sq ft · 1 unit F22,788 sq ft · 1 unit

Source: Developer brochure

06 — Layout and stacks

One Pearl Bank stack plan

1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom Penthouse Has a recorded sale

Tap a unit for its size, price and floor plan.

Block 122 units per floor · levels 2–38
#01#02#03#04#05#06#07#08#09#10#11#12#13#14#15#16#17#18#19#20#21#22 L38L37L36L35L34L33L32L31L30L29L28L27L26L25L24L23L22L21L20L19L18L17L16L15L14L13L12L11L10L9L8L7L6L5L4L3L2

Based on 839 sales with a recorded unit number. A sale only appears once a caveat is lodged with URA, and not every buyer lodges one, so a unit with no sale shown is not necessarily available.

Source: Developer brochure; URA caveats, Nov 2026

07 — Location

Near One Pearl Bank

MRT stations
TEEWNE Outram Park 370 m · 4 min walk
NEDT Chinatown 1.0 km · 12 min walk
TE Maxwell 1.2 km · 14 min walk
TE Havelock 1.3 km · 15 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Cantonment Primary School 830 m · 14 min walk
Within 2 km
River Valley Primary School 1.3 km · 24 min walk
Zhangde Primary School 1.5 km · 25 min walk
CHIJ (Kellock) 1.6 km · 25 min walk
Alexandra Primary School 1.9 km · 29 min walk
Radin Mas Primary SchoolPopular 2.0 km · 32 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Pearl's Hill City Park 170 m · 2 min
Clinic Manhattan Medical Centre 930 m · 11 min
Supermarket Foodie Market Place 650 m · 8 min
Hawker centre People's Park Food Centre 1.2 km · 14 min
Map of the area around One Pearl Bank, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

08 — Nearby

Condos and supply around One Pearl Bank

Upcoming supply
Morrison Lane970 m · about 205 units · 0.66 ha Available for application
Cross Street980 m · about 161 units · 0.23 ha Available for application
Zion Road (Parcel B)1.2 km · about 578 units · 0.93 ha Awarded · $14,040 psm GFA · Aug 2024
Zion Road (Parcel A)1.2 km · about 951 units · 1.53 ha Awarded · $12,937 psm GFA · Apr 2024

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

09 — From Stacked

Read more about One Pearl Bank

Review One Pearl Bank Review: Impressive Architecture, Great Location, But Could Be Impractical For Some May 2022 Will One Pearl Bank, Kopar, Amber Park, Or The Avenir Be A Better Choice For A 3/4 Bedroom Unit For A Family? Nov 2025 Why This Iconic Hilltop Condo Near Three MRT Lines Is Underperforming Nov 2020 The Landmark Review: CBD Fringe Living With Great Views By The Park Jul 2021 6 Actionable Steps To Compare Between A New Launch And Resale Condo Nov 2024 Union Square Residences Review: A Lifestyle Mixed-Use Project In Clarke Quay Priced From $1.38m

84 more articles mention One Pearl Bank.

Source: Stacked Homes editorial

10 — FAQ

Questions about One Pearl Bank

How many years are left on the lease at One Pearl Bank?

About 91 years. It is a 99-year lease from 2019.

When was One Pearl Bank completed?

2023.

How many units does One Pearl Bank have?

774 units, up to 39 storeys.

What sizes are the 1-bedroom units?

431 to 570 sq ft across 12 layouts.

What is the price psf at One Pearl Bank?

21 sales in the last 12 months averaged $2,537 psf, ranging from $2,218 to $2,738 psf.

What did the latest sale go for?

A 743 sq ft unit sold for $1.7M ($2,289 psf) on 5 Oct 2026.

How much is the rent at One Pearl Bank?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,200 a month ($4,200 for a 1-bedroom, $5,400 for a 2-bedroom and $7,800 for a 3-bedroom). That is an estimated gross yield of about 2.3%, before costs.

What is the nearest MRT station?

Outram Park (TE, EW, NE), a 4-minute walk (370 m). Chinatown (NE, DT) is 1.0 km away.

Which primary schools are within 1 km?

Cantonment Primary School, 830 m away.

Who developed One Pearl Bank?

Areca Investment Pte Ltd. The architect is Serie+Multiply Consultants Pte Ltd.

Answers generated from the data on this page, Nov 2026