One Pearl Bank
One Pearl Bank is a 99-year leasehold condominium located in District 3 (Tiong Bahru, Queenstown), part of the Rest of Central Region (RCR). Completed in 2021, the development comprises 774 units, on a lease that commenced in 2019. Sale and rental figures on this page are compiled from URA transaction records.
ONE PEARL BANK
Over the 12 months to Jul 2026, One Pearl Bank recorded 26 resale transactions at a median $2,574 psf (median price $2,005,000), and 271 rental contracts at a median $4,200/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of Jul 2026.
One Pearl Bank's median of $2,574 psf over the trailing 12 months places its pricing above roughly 84% of District 3 condos; resale liquidity has been active with 26 caveats lodged; the 2.5% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $988,000 | $2,295 psf | 431 sqft | 16 to 20 | Studio |
| Jun-26 | $1,625,000 | $2,323 psf | 700 sqft | 01 to 05 | 1BR |
| Jun-26 | $3,330,000 | $2,738 psf | 1,216 sqft | 21 to 25 | 3BR |
| May-26 | $3,138,880 | $2,651 psf | 1,184 sqft | 16 to 20 | 3BR |
| Apr-26 | $1,385,000 | $2,428 psf | 570 sqft | 31 to 35 | 1BR |
| Mar-26 | $2,380,000 | $2,664 psf | 893 sqft | 16 to 20 | 2BR |
| Mar-26 | $1,820,000 | $2,601 psf | 700 sqft | 16 to 20 | 1BR |
| Feb-26 | $2,030,000 | $2,733 psf | 743 sqft | 26 to 30 | 2BR |
Can I afford One Pearl Bank?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,005,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.