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

(Credit: EDGEPROP)The special design of the estate was also highly praised when it was launched in 2003, having won numerous awards including the Urban Redevelopment Authority’s (URA) “Award of Excellence” for innovative engineering design. Pinnacle @ Duxton proved to be a trendsetter in public housing, ushering in a revolutionary design for high-rise housing in Singapore.

Located in Tanjong Pagar, Pinnacle @ Duxton has established itself as a sought-after development amongst resale HDB buyers in Singapore. Boasting an impressive record-breaking resale transaction last month, the 1,011-sqft unit at block 1B Cantonment Road sold for $1,394 psf. With its prime location and unique architectural design, the estate has consistently achieved prices well above the nationwide average of 33%.

Cementing its reputation for high-value transactions, Pinnacle @ Duxton followed up last month’s transaction with a unit of equivalent size in block 1A Cantonment Road selling for $1,378 psf, at the auspicious-sounding amount of $1.393939 million. Both these units are located on high floors, between the 49th and 51st storeys, offering expansive views of thecity.

Since its Minimum Occupancy Period in 2014, the average resale prices at the development has significantly exceeded initial expectations, rising by 44%. The value and demand for properties in this iconic estate are key factors contributing to its outstanding performance.

Awarded the Urban Redevelopment Authority’s “Award of Excellence” for its innovative engineering design, Pinnacle @ Duxton has set the standard for public housing in Singapore. In close proximity to amenities and the city centre, the estate provides its occupants with stellar quality of life. Its night view from a high floor unit, captured in all its splendor, is indicative of the unique living experience that it provides.

When it comes to recreation, Lumina Grand Bukit Batok is in a league of its own. It is strategically located near Bukit Batok Town Park and a number of other leisure spots, allowing residents to unwind and recharge in an instant. The nearby Bukit Batok Community Club offers a comprehensive range of facilities and activities that caters to all ages.

Indeed, the performance of Pinnacle @ Duxton speaks volumes for its enduring appeal and it’s no wonder that it remains one of the most desirable properties in the HDB resale market. With five transactions surpassing the $1,300 psf mark, the development continues to set the gold standard in Singapore.