District 03 · Outram · RCR
One Pearl Bank
Pearl Bank · Apartment · 99 yrs lease commencing from 2019
Current PSF
$2,540
+15.6% vs district median
Gross yield
3.6%
median rent $4,300/mo
3-year gain
-6.7%
Transactions · 5y
369
23 in last 12 months
Nearest MRT
Outram Park Mrt Station · 189.783m
EWL,NEL,TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
$7,500/mo median
residential zone
En-bloc potential22 / 100
7 years old · composite of plot use, age, tenure, value gap & size
Lease decay92 years left
worth 95.0%of freehold today (Bala’s Table) · loses ~3.2pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+6.1%
latest 2 qtrs vs year ago
Sub-sales
93.9%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 828m · Phase 2C 0.3× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 494m
Food
New Market Road Blk 32 (People'S Park Food Centre) · 372m - 8 hawker centres within 1km
Green
Pearl'S Hill City Pk · 122m - 8 parks within 1km
Mall
Concorde Shopping Centre · 905m
Health
Singhealth Polyclinics (Outram Polyclinic) (polyclinic) · 427m
Who lives in Outram
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
18,340
Median age
49 yrs
36% under 40 · getting older
Children 0–9
1,450
▼ 39% since 2015 · future P1 demand
Household size
2.4 avg
Homes
93% HDB
5% condo · 0% landed
Degree holders
28%
residents 15+
Commute
57% transit
11% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $2,470 psf (119 sales). At today’s $2,540 psf, they are up 3% on paper.
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,699 psf - 17% above units on floors 1–5 ($2,315 psf).
Price trend average PSF by year
2021
$2,470
2022
$2,570
+4%
2023
$2,739
+6.6%
2024
$2,480
-9.5%
2025
$2,503
+0.9%
2026
$2,556
+2.1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $4,200/mo | $7.64 | 3.6% | 86 |
| 2BR | $5,400/mo | $7.20 | 3.4% | 136 |
| 3BR | $7,600/mo | $6.61 | 3.1% | 45 |
| 4BR | $9,900/mo | $6.83 | 3.2% | 9 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $988,000 | 431 | $2,295 | 16-20 |
| Jun 2026 | $3,330,000 | 1,216 | $2,738 | 21-25 |
| Jun 2026 | $1,625,000 | 700 | $2,323 | 01-05 |
| May 2026 | $3,138,880 | 1,184 | $2,651 | 16-20 |
| Apr 2026 | $1,385,000 | 570 | $2,428 | 31-35 |
| Mar 2026 | $2,380,000 | 893 | $2,664 | 16-20 |
| Mar 2026 | $1,820,000 | 700 | $2,601 | 16-20 |
| Feb 2026 | $2,950,000 | 1,152 | $2,561 | 11-15 |
| Feb 2026 | $2,030,000 | 743 | $2,733 | 26-30 |
| Jan 2026 | $2,980,000 | 1,184 | $2,517 | 11-15 |
HomeRadar AIlive
Ask anything about ONE PEARL BANK
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around One Pearl Bank actually sell for - this project trades at 2.9× the nearest block’s PSF.