One Pearl Bank holds all the Aces
One Pearl Bank holds all the Aces. One Pearl Bank’s construction is already well under way, and it should be finished by the end of the year. Serie+Multiply, a partnership between London-based Serie Architects and Singapore-based Multiply Architects, developed the twin-39 storey, 774 unit complex at the summit of Pearl’s Hill. The two buildings’ curved facades pay respect to the previous Pearl Bank Apartments’ original horseshoe design, which was the tallest residential tower in Singapore when it was finished in 1976.
The former 99-year leasehold Pearl Bank Apartments were purchased by CapitaLand for $728 million in an en bloc transaction in February 2018. It is building a brand-new landmark on Pearl’s Hill that will be taller than the previous Pearl Bank Apartments. In Singapore’s Outram-Chinatown area, One Pearl Bank, a tower towering 178 meters high, will be the tallest residential structure.
The second level of the towers is where units begin. It is similar to the ninth or tenth floor of a normal tower and is 27 meters above road level. As a result of its height, units are guaranteed vistas. According to John Cheong, the project lead in-charge at One Pearl Bank and associate senior district director for Huttons, even mid-level units, including those on the 18th floor, would have panoramic views. On August 6, Cheong participated as a guest speaker in the NDP Master Plan Master Class webinar hosted by EdgeProp Singapore on the Outram region.
Cheong claims that although north-facing houses would have a 180-degree view of Clarke Quay and the city skyline, south-facing homes will overlook Sentosa Island and the sea. One Pearl Bank is roughly a five-minute walk from the upcoming Outram Park MRT Station. CapitaLand will construct a promenade that is weather-protected. Accessibility will be considerably increased with Outram Park MRT Station planned as an interchange for three MRT lines: North East, East-West, and the upcoming Thomson-East Coast Line.
The idea of sky allotment gardens, which CapitaLand is debuting at One Pearl Bank, is innovative. Over the course of both towers’ various floors, there will be 18 sky allotment gardens. Nearly 200 plots will be made available for homeowners to cultivate their own fruits, vegetables, and herbs. The purpose is to foster a sense of community among the locals. Over 135,000 shrubs, plants, and flowers, as well as over 500 trees of 35 different types, will be planted throughout One Pearl Bank. Up to 60,000 sq ft (or 75% of the entire site area) will be taken up by vegetation.
CapitaLand has also introduced the “Renovation-Zero idea,” which enables the new owners to move in straight away without doing any renovations. The kitchen will also have fully integrated cabinetry and a swivel table made by the Italian company Ernestomeda. All kitchen appliances will be V-Zug, a premium Swiss brand. From kitchen sinks to flooring and bathroom tiles, materials have been chosen for their durability and ease of maintenance, according to CapitaLand. The developer is supplying LED lights for every flat. Owners can rent out their homes or move in immediately using the “Renovation-Zero Concept” without any fuss.
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