D03 Queenstown

ONE PEARL BANK

PEARL BANK · District 03 · 99 yrs lease commencing from 2019

Median Price

S$2.0M

396 transactions

Price Range

S$953K - S$7.9M

Tenure

Leasehold

99 yrs lease commencing from 2019

Avg Rent

S$7.42 psf

per month

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 39% more than low-floor units. Average rent is S$7.42 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$1,178,000. 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$1,904,500. That is a 39% premium for higher floors, worth S$746K 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$7.42 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

11-15
S$2.6M
35 txns
01-05
S$2.6M
30 txns
06-10
S$2.6M
35 txns
36-40
S$2.1M
33 txns
16-20
S$2.0M
40 txns
31-35
S$2.0M
85 txns
26-30
S$2.0M
76 txns
21-25
S$1.9M
62 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$1.2M42 sqm67
1-Bed (50-70 sqm)S$1.8M63 sqm100
2-Bed (70-100 sqm)S$2.0M79 sqm78
3-Bed (100-130 sqm)S$3.0M110 sqm115
4-Bed (130-170 sqm)S$3.6M132 sqm32
5+ Bed (170+ sqm)S$7.3M253 sqm4

Current Listings

sale

Renee Nicole Lee · PROPNEX REALTY PTE. LTD.

S$1.1M

2-Bed sale

Cheryl Teh · HUTTONS ASIA PTE LTD

S$1.7M

1-Bed sale

Abel Chong · PROPNEX REALTY PTE. LTD.

S$1.4M

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FAQ

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$1,904,500. That is a 39% premium for higher floors.

What is the rental rate at ONE PEARL BANK?

The average rental rate at ONE PEARL BANK is approximately S$7.42 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.