CapitaLand sold 80 percent of the 200 units or 160 units released at One Pearl Bank during its initial launch, at an average cost of $2,400 per sq ft (psf).

Reservations for One Pearl Bank private preview began at 11am on 20 July (Saturday). The official launch will be a week after its sales gallery was opened up for public viewing.

About 80 percent of the purchasers were citizens, while the remainder were immigrants mainly from China, Indonesia as well as Malaysia.

One-bedroom and two-bedrooms units are the most highly sought after unit type, making up 56 percent and also 31 percent of the overall unitssold. Various other unit kinds offered included studio and also three-bedroom, 4 bedrooms and penthouses. The largest penthouse are One Pearl Bank measures 2,788 sq ft.

All units at the growth come with fully-integrated cooking areas, kitchen cabinetry, built-in lighting and air-conditioning.

Prices start from under $1 million for a small apartment. CapitaLand contained over two-thirds of the units at the project are valued below $2 million each.

Buyers that booked their units during the weekend delighted in an early-bird discount rate of additional one percent, which is restricted to the initial 2 days of the job launch.

“We are extremely urged by the favourable action for One Pearl Bank throughout its weekend break launch. This indicates the ongoing market demand for well-equipped residences in prime District 3 that are connected to deliver nodes, amenities and way of life alternatives,” claimed Ronald Tay, CEO of CapitaLand Singapore.

” We are positive that the task’s iconic status and also exceptional characteristics will remain to attract rate of interest from prospective homebuyers.”