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One Pearl Bank

Apartment · District 03 (Tiong Bahru / Alexandra / Queenstown) · Rest of Central Region · 99-year lease (92 yrs left) · Updated Jun 2026

One Pearl Bank is a 99-year lease (92 yrs left) apartment development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 384 recorded private transactions. Latest sale: $1,625,000 (Jun 2026, 65 sqm, floors 01-05). Median $2,606/sqft. Prices up 1.7% over the period. 92 years lease remaining.

Latest Sale
$1,625,000
Jun 2026 · 65 sqm
Median Price
$2,606/sqft
$2,055,000 typical unit
Transactions
384
$2,089–$3,009 psf
Price Trend
▲ 1.7%
~0.3% a year

Where One Pearl Bank ranks in District 03

All 35 projects ›
Median psf
Top 17%
#6 / 35 Top 17%
Typical unit price
Top 40%
#14 / 35 Top 40%
Most recent sale
Top 69%
#24 / 35 Top 69%
Price growth
Top 97%
#30 / 31 Top 97%

Median psf over time

Estimate a unit at One Pearl Bank

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +0.3%/yr
Lease decay −0.15%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

92 yrs
Remaining lease
0.15%
Annual decay (Bala's Table)
2019
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.15% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $2,283 28
06-10 $2,386 32
11-15 $2,444 28
16-20 $2,579 35
21-25 $2,584 63
26-30 $2,715 76
31-35 $2,650 88
36-40 $2,754 34

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 01-05 Sub Sale 65 sqm $1,625,000 $2,323
Jun 2026 21-25 Resale 113 sqm $3,330,000 $2,738
May 2026 16-20 Resale 110 sqm $3,138,880 $2,651
Apr 2026 31-35 Sub Sale 53 sqm $1,385,000 $2,428
Mar 2026 16-20 Sub Sale 83 sqm $2,380,000 $2,664
Mar 2026 16-20 Sub Sale 65 sqm $1,820,000 $2,601
Feb 2026 26-30 Sub Sale 69 sqm $2,030,000 $2,733
Feb 2026 11-15 Sub Sale 107 sqm $2,950,000 $2,561
Jan 2026 26-30 Sub Sale 75 sqm $2,200,000 $2,725
Jan 2026 11-15 Sub Sale 110 sqm $2,980,000 $2,517
Jan 2026 01-05 Sub Sale 65 sqm $1,620,000 $2,315
Jan 2026 16-20 Sub Sale 78 sqm $2,250,000 $2,680
Dec 2025 26-30 Sub Sale 65 sqm $1,900,000 $2,716
Dec 2025 06-10 Sub Sale 40 sqm $955,000 $2,218
Nov 2025 21-25 Sub Sale 40 sqm $1,010,000 $2,346
Nov 2025 01-05 Sub Sale 40 sqm $953,000 $2,213
Oct 2025 31-35 Sub Sale 119 sqm $3,560,000 $2,779
Oct 2025 01-05 Sub Sale 69 sqm $1,820,000 $2,450
Sep 2025 06-10 Sub Sale 107 sqm $2,980,000 $2,587
Sep 2025 06-10 Sub Sale 133 sqm $3,800,000 $2,654
Sep 2025 06-10 Sub Sale 65 sqm $1,788,000 $2,556
Aug 2025 16-20 Sub Sale 69 sqm $1,980,000 $2,666
Jul 2025 11-15 Sub Sale 49 sqm $1,238,888 $2,349
Jul 2025 11-15 Sub Sale 113 sqm $3,200,000 $2,631
Jul 2025 06-10 Sub Sale 113 sqm $3,088,888 $2,540
Showing 25 of 384 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

One Pearl Bank is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to One Pearl Bank, with their median resale psf. Useful for comparing what One Pearl Bank costs per square foot against nearby developments.

More condos in District 03
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About One Pearl Bank

One Pearl Bank sits near the top of District 03 (Tiong Bahru / Alexandra / Queenstown) on price, its $2,606 psf median dearer than roughly 86% of projects in the district. It has a busy transaction history, with 384 sales between 2021-06 and 2026-06, ranging from $953,000 to $7,880,000. The most recent transaction was a 65 sqm unit (floors 01-05) at $1,625,000 in Jun 2026, and the median is $2,606 psf. Floor level matters here: units on the higher 36-40 band have traded around 21% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 92 years remaining is 0.9578, an annual lease decay of about 0.15%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at One Pearl Bank cost?

The most recent transaction at One Pearl Bank was $1,625,000 for a 65 sqm unit in 2026-06. The median price is $2,606 per square foot across 384 transactions, ranging from $953,000 to $7,880,000. Data sourced from URA.

Is One Pearl Bank freehold or leasehold?

One Pearl Bank is on a 99-year lease commencing in 2019, with approximately 92 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.15%.

What is the price per square foot (psf) at One Pearl Bank?

The median price at One Pearl Bank is $2,606 psf, with transactions ranging from $2,089 to $3,009 psf. This is based on 384 URA-recorded transactions in District 03.

Have prices at One Pearl Bank gone up or down?

Prices at One Pearl Bank have increased by approximately 1.7% over the data period (around 0.3% a year). The median price is currently $2,606 psf, with the most recent sale at $1,625,000 in 2026-06.