$1.54 million for a 5-room HDB flat at Block 1D Cantonment Road (The Pinnacle@Duxton)

Based on recent data from RealInsight, a 5-room HDB flat at Block 1D Cantonment Road (The Pinnacle@Duxton) set a new record within the project, selling for $1.542 million in 29 June 2024. The unit, located on the 43rd floor and spanning 1,130 sqft, achieved a price of $1,365 PSF. This transaction has set a new high for sale price and price PSF at The Pinnacle@Duxton HDB, surpassing the previous record of $1.515 million by another 5-room unit on the 37th floor of Block 1C earlier this year. 

This sale becomes the 9th most expensive HDB transaction in 2024, ranking just below a unit on the 1st floor at Block 76 Guan Chuan Street, which sold for $1.55 million in April 2024. 

About The Pinnacle@Duxton (District 02) 

The significant trend in escalating prices and demand for properties within The Pinnacle@Duxton reflects its growing appeal. As one of Singapore's most iconic public housing developments, The Pinnacle@Duxton is prized not only for its architectural significance but also for its prime location in the heart of the city. Situated in District 02 (D02) Tanjong Pagar, The Pinnacle@Duxton enjoys proximity to a wide array of amenities, including restaurants, shopping centers, and entertainment venues. Its accessibility is further enhanced by its close proximity to Outram Park MRT Interchange, Maxwell MRT Station, and Tanjong Pagar MRT Station, providing seamless connectivity to various parts of the island. 

The Pinnacle@Duxton is a 99-year HDB development completed in 2011. Located along Cantonment Road, it comprises a total of 7 connected blocks and 1,848 units, offering 4 and 5-room flats. The average transacted price PSF over the past 3 years for 4 and 5-room units is $1,157 and $1,130, respectively. 

Table: Transaction Volume and Price PSF at The Pinnacle@Duxton HDB (August 2021 - July 2024) by RealInsight. To view more, please visit https://rea-insight.com/.

Million-Dollar HDB Transactions at The Pinnacle@Duxton in 2024 

From the beginning of 2024 to the date of this article, there have been a total of 138 transactions at The Pinnacle@Duxton, 17 of which are million-dollar HDB transactions. Among these 17, 2 have surpassed the $1.5 million mark. 

The top 5 transactions are: 

• $1.542 million for a 5-room unit at Block 1D (43rd floor) 
• $1.515 million for a 5-room unit at Block 1C (37th floor) 
• $1.48 million for a 4-room unit at Block 1F (42nd floor) 
• $1.45 million for a 5-room unit at Block 1C (47th floor) 
• $1.425 million for a 5-room unit at Block 1C (37-39th floor)

Table: Top 5 Transactions at The Pinnacle@Duxton HDB by RealInsight. To view the full list, please visit https://rea-insight.com/.

*Data is accurate as of the published date of this article.

*Disclaimer: Our real-time database is updated every time a transaction is submitted by an agency. While we strive to maintain the accuracy and completeness of the data, please note that transactions may not always be completed, and information provided may be subject to change or error.

All analytical and visually interpreted data in this report is powered by RealInsight, a powerful tool for property developers, investors and institutions. It offers a complete solution for development planning or portfolio building by providing access to real-time data regarding properties, developers, land sales and data analytics tool for market research and reports. Find out more about RealInsight here.

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