Those of us working from home (WFH) for the past four months have become more conscious about how our homes can accommodate this new lifestyle. We care about having a proper space to work, how the background of our homes look in Zoom meetings and having areas where we can step away from work. Having a hybrid home fitted out for flexible use, with the convenience of amenities at one’s doorstep, has become a priority.
That is what CapitaLand is offering at its 774-unit, high-rise condominium development, One Pearl Bank: pragmatic, fully fitted apartments and a wide range of facilities. Additionally, it is conveniently located next to Outram MRT Station.
One Pearl Bank’s studio, one- and two-bedroom layouts are fitted with a swivel table that “minimises furniture footprint”, says Lisa Lam, head of marketing & sales at CapitaLand. When stowed inwards, it serves as a table for two or a workspace for one. When extended, it fits four, which is suitable for entertaining guests.
The twin 39-storey towers of One Pearl Bank are designed by award-winning Serie+Multiply, a joint venture between London-based Serie Architects and local firm Multiply Architects. As the towers are perched on a hill slope and the architect has designed the towers to be curved, all the units will enjoy views of the city or the neighbouring Pearl’s Hill City Park.
The curvature of the new twin towers is designed to pay homage to the iconic horse-shoe shape of the former
Pearl Bank Apartments, which was considered Singapore’s first high-rise residential building when completed in 1976. It was purchased en bloc by CapitaLand for $728 million in February 2018.
One Pearl Bank will be next to Pearl Hill’s City Park, which will be transformed into a playground and social space under the URA Draft Master Plan 2019. It will also be linked to Fort Canning Park through a series of pathways along the Singapore River. There will be a gate for residents to enter the park directly from the development.
Except for the studios, all the apartments at One Pearl Bank come with sizeable balconies that can function as
an outdoor space or a place to enjoy the greenery and outdoors. Residents can also set up an outdoor workspace at the balcony if the weather permits.
Additionally, the developer is offering 200 “sky allotment gardens” on every four floors at One Pearl Bank, where residents can plant their own vegetables, fruits and herbs. According to CapitaLand, it is the world’s first residential development with such a design.
“Some prospective home buyers have expressed interest in the fact that they can take up a garden space,” Lam adds. “The provision of sky allotment gardens is also a great way to build a community.”
At the rooftop of the 178m-tall towers is the Sky Oculus, a circular communal area that links both towers where residents can enjoy the views of the CBD and Sentosa, and entertain friends and family. Facilities on that level include an al fresco dining area, function room, gourmet kitchen and social lounge. There are also indoor and outdoor gyms as well as a walking track.
Other communal areas are on the 14th and 18th floors. For those who want a quiet area to enjoy the greenery, practise yoga, work or read, the 14th-floor sky terrace would be ideal. For those who want entertainment corners and to socialise, they can head to the 18th floor, where there is also an
These facilities can be booked through the smart mirror fitted near the entrance of every unit at One Pearl Bank. The mirror has touch panels so residents can manage visitor registration and facilities booking from just one touchpoint. They can also access deals offered by CapitaLand’s malls. For added convenience, the system can be set up to link with other smart home devices within the apartment, says CapitaLand.
One Pearl Bank is situated near Chinatown, bars and restaurants at Keong Saik Road, as well as food centres and wet markets including Tanjong Pagar Market & Centre, Maxwell Food Centre, Amoy Street Food Centre and Tiong Bahru Food Centre.
Across the road, Singapore General Hospital is being redeveloped into the 43ha SGH medical campus, which will integrate patient healthcare, research and education. This means that the tenant pool in Outram Park will become larger.
By 2021, the development will be a three-minute walk via a covered walkway to Outram Park MRT Station, which will serve as an interchange for East-West, North-East and Thomson-East Coast Lines.
CapitaLand has released units for sale in phases since the project was launched in July 2019. So far, 368 units
have been released, of which 290 units (about 78%) have been taken up at an average price of $2,398 psf, based on caveats lodged to date.
The main draw for most home buyers is the “renovation zero concept”. All units will come with functional fittings and furnishings, including shoe cabinets, a premium kitchen system, kitchen and bathroom appliances, counter-tops made of engineered tiles, and day and night curtains.
The communal facilities and flexible furniture within the units “will help alleviate cabin fever for residents who need to WFH”, says Lam. For future residential projects, the developer is considering providing work pods and meeting spaces as part of the condominium facilities too.