ONE PEARL BANK
PEARL BANK · District 03 · 99 yrs lease commencing from 2019
Median Price
S$2.0M
Price Range
S$953K - S$7.9M
Tenure
Leasehold
Avg Rent
S$7.55 psf
What is the price of ONE PEARL BANK?
The median transaction price at ONE PEARL BANK is S$2,044,500, based on 396 URA-recorded transactions. Prices range from S$953K to S$7.9M. ONE PEARL BANK is a leasehold development on PEARL BANK in District 03 (Queenstown). High-floor units cost 35% more than low-floor units. Average rent is S$7.55 per square foot per month.
ONE PEARL BANK Price Analysis
ONE PEARL BANK is a leasehold development on PEARL BANK in District 03 (Queenstown). According to URA transaction records, 396 private residential transactions have been recorded at this development, with a median price of S$2,044,500. Prices range from S$953K for the smallest units to S$7.9M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,177,000. Larger units (5+ bed (170+ sqm)) trade at S$7,300,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at ONE PEARL BANK. High-floor units (11-15) command a median of S$2,650,000, while low-floor units (21-25) sell for S$1,958,500. That is a 35% premium for higher floors, worth S$692K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, ONE PEARL BANK commands an average of S$7.55 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.8%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$1.2M | 42 sqm | 68 |
| 1-Bed (50-70 sqm) | S$1.8M | 62 sqm | 103 |
| 2-Bed (70-100 sqm) | S$2.0M | 79 sqm | 79 |
| 3-Bed (100-130 sqm) | S$3.0M | 110 sqm | 121 |
| 4-Bed (130-170 sqm) | S$3.6M | 132 sqm | 32 |
| 5+ Bed (170+ sqm) | S$7.3M | 253 sqm | 4 |
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What is the average price of ONE PEARL BANK?
The median transaction price at ONE PEARL BANK is S$2,044,500, based on 396 URA-recorded transactions. Prices range from S$953K to S$7.9M.
Does floor level affect prices at ONE PEARL BANK?
Yes. High-floor units (11-15) sell for a median of S$2,650,000, while low-floor units (21-25) sell for S$1,958,500. That is a 35% premium for higher floors.
What is the rental rate at ONE PEARL BANK?
The average rental rate at ONE PEARL BANK is approximately S$7.55 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.