Pinnacle @ Duxton 5 rm Sold at record $1.4m

A 5-Room resale flat at Pinnacle @ Duxton was sold at $ 1.4 million. This is
the highest sale price in the estate according to 99.co.

The previous high as on March 2022 at
$1,3888,888.88. The current highest HDB sold in Singapore was at $1.41 million at Sky Terrace @ Dawson on July 2022. This is the 2nd highest HDB sold ever in Singapore.

This 5-Room flat has at least  86 Years and 11 Months since it was sold.
It was a Type S2 flat of 106 sqm (1,141 sq ft). This works out to a price
of  $1,227 psf. At this price, it is comparable to EC and resale in OCR.

Image Credit: Penny Lim

 The unit was well-renovated on the 41st Floor with an industrial theme.
It looks move-in ready without the need for a major renovation.

Image Credit: Penny Lim

It also has an expansive city view. The buyers are PRs with children schooling
nearby. The unit was brokered by Penny Lim from ERA Realty. The original
asking price was $1,4888,888.

The award-winning Pinnacle @ Duxton has always been a hit with buyers.
Moreover, unlike the recent BTO in a prime location, this unit is not
subjected to Prime Location Public Housing (PLH) model. Besides being
subjected to the usual 5 years Minimum Occupation Period( MOP), the buyer can
rent out the whole unit after MOP. There is also no clawback when the buyer
sells the unit after MOP.

If you miss this out, there are another 3 listings that are above 1.4m

Source: Property Guru

• 4A (1000 Sqft), 4 Room listed at $1,488,888 ($1488 psf)
• 4A (1022 Sqft), 4 Room listed at $1,4700,000 ( $1,438 psf)
• 5S (1130 Sqft), 5 Room listed at $1,450,000 ( $1,283 psf) , Above 40 Floor

Interestingly, 2 units on offer are of the smaller 4 room while only 1 is a 5
Room unit. The 5-room unit has a similar high floor of above 40 as per the
record-breaking unit. 

Will this be the next record-breaker?