Pinnacle @ Duxton unit fetches $1.393939 million, 2nd-highest psf for HDB flats

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(Photo: EdgeProp Singapore)External view of the Pinnacle @ Duxton (Photo: EdgeProp Singapore)The exceptional appeal of the Pinnacle @ Duxton continues to show with its record-breaking transactions, signifying its standing as a high-value HDB estate in the nation.

At Pinnacle @ Duxton, record-breaking prices have become the norm. This iconic development, located in Tanjong Pagar, has been the epicentre of high-value HDB transactions due to its prime location and exceptional appeal. Last month, a 1,011-sqft unit in block 1B Cantonment Road set a new record for the highest-ever psf price for a resale HDB flat at $1,394 psf or $1.41 million.

Following that, another resale unit in the same block attained the second-highest psf transaction ever, at $1,378 psf, or $1.393939 million. Both transactions were for units located on the 49th to 51st storeys, offering impressive views of the city.

Since its completion in 2011, Pinnacle @ Duxton has seen a total of five transactions surpassing the $1,300 psf mark, demonstrating impressive appeal and demand for the estate. What’s more, from 2014 when the development reached its Minimum Occupancy Period, resale prices have increased by 44%. This is intriguing when compared to the average nationwide resale HDB price growth of 33% over the same period.

Pinnacle @ Duxton’s desirability is attributed to its central location, unique architectural design, and the quality of living it offers. Its strategic position in Tanjong Pagar puts it close to many amenities and the city centre, making it an attractive option for resale buyers.

Indeed, the remarkable transactions at Pinnacle @ Duxton and its record-breaking prices defy expectations, and are a testament to its status as a highly-valued HDB estate. With an exceptional level of appeal, the development continues to be in the spotlight, garnering the attention of the nation.

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