13 Feb '18, 2pm

Sale finalised means iconic Pearl Bank Apartments will be demolished

The iconic heritage landmark Pearl Bank Apartments at Outram has been sold to developer CapitaLand for S$728 million. Advertisement This means the building would not be conserved and all previous plans relating to its continued maintenance would be shelved. In response to Motherships.sg queries, a CapitaLand spokesperson said that while the plan is to build a residential development by 2023, things are still up in the air as the sale is subjected to approval. She added that future plans for the Pearl Bank Apartment site, if it goes through, will include facilities that reflect the area’s heritage. But it is understood that at this stage, the sale is as good as a done deal. Story continues below Some Articles That Could Use Traffic S’porean drivers, beware: Keyless cars getting hacked into in Malaysia Technology pros and cons. Real stories that prove Singaporeans are not as...

Full article: https://mothership.sg/2018/02/pearl-bank-apartments-demol...

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