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

Residents can look forward to a host of amenities located conveniently within their reach due to Senja Close EC Bukit Panjang’s strategic location.

(Picture: Pinnacle @ Duxton)This iconic development, consisting of seven 50-storey towers and 1,848 residential units, is one of Singapore’s tallest HDB housing estates. Its unique architecture is lauded for its innovative design, offering residents the opportunity to enjoy sought-after city views.||single-html-tag||The demand for properties at Pinnacle @ Duxton is further boosted by its reputation in the HDB resale market. Over the years, the development has achieved an average transaction price of $1,223 psf, 43% higher than the average Singapore resale HDB price across all areas of $856 psf in September.

The Pinnacle @ Duxton in Tanjong Pagar consistently commands unprecedented high prices in the HDB resale market. Last month, a 1,011-sqft unit in block 1B Cantonment Road broke the record for the highest ever PSF for a resale HDB flat, selling for $1.41 million. Following suit this month, another unit of equal size in block 1A Cantonment Road achieved the second highest PSF for the Pinnacle @ Duxton at $1,378 psf, selling for $1.393939 million.||single-html-tag||Both of these units are situated on high storeys, from the 49th to the 51st, and offer stunning views of the cityscape.||single-html-tag||The Pinnacle @ Duxton was constructed and completed in 2011 and has since continued to lead the HDB resale market with five transactions surpassing the $1,300 PSF mark. The average resale prices have impressedively surpassed all initial expectations, with the development having seen a 44% increase since its MOP in 2014; a higher growth rate compared to the nationwide average of 33%.||single-html-tag||The appeal of Pinnacle @ Duxton is attributed to its location, architecture, and the quality of living it provides. Its centric position in Tanjong Pagar puts it in close proximity to a wealth of amenities, and the iconic seven 50-storey towers offer spectacular night views of the city.||single-html-tag||This iconic development continues to maintain an impressive stature in the HDB resale market, boasting an average transaction price of $1,223 PSF – 43% higher than the overall Singapore average of $856 PSF. Evidently, the Pinnacle @ Duxton offers substantial value and continues to be a highly sought-after HDB destination.