Real Estate Market Analysis for One Pearl Bank
Jul 13, 2023
5 min read
One Pearl Bank is a residential property located in District 3 of Singapore. It offers a 99-year lease commencing from 2019 and has approximately 95 years left on the tenure. In this blog post, we will analyze the sales and rental transactions, as well as the location features of One Pearl Bank, to provide insights for potential buyers, renters, and investors.
Over the past 6 months, One Pearl Bank has recorded several sales transactions. The prices per square foot range from $2517 to $2974, with an average of $2702. The unit sizes vary from 700 square feet to 1399 square feet. The higher floors tend to have slightly higher prices compared to the lower floors. Overall, the sales data indicates a positive market response to the property.
As per the available data, no recent rental transactions have been recorded for One Pearl Bank. This could be due to various factors such as a limited number of rental units or a lack of rental demand in the area.
One Pearl Bank enjoys close proximity to various amenities. There are several primary and secondary schools nearby, including Alexandra Primary School, Cantonment Primary School, and CHIJ (Kellock). The property is also conveniently located near Outram Park MRT Station, which provides excellent connectivity to other parts of Singapore.
Based on the sales analysis, One Pearl Bank appears to be a popular choice among buyers. The property offers a range of unit sizes and price points, making it suitable for different budgets. However, the lack of recent rental transactions may indicate limited rental opportunities. Potential buyers and renters should consider their individual needs and preferences before making a decision. Overall, One Pearl Bank presents a promising investment opportunity for those seeking a residential property in District 3 of Singapore.
This analysis is based on the freely available data and should be taken as a general overview. It is always recommended to consult with real estate professionals or conduct comprehensive research before making any property-related decisions.
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