Pinnacle @ Duxton unit fetches $1.393939 million, 2nd-highest psf for HDB flats
(picture source: OrangeTee & Tie)Moreover, the development is also named after its towering twin towers, standing at 50-storeys high and a signature landmark of the Tanjong Pagar skyline. It is also the first HDB development to feature skybridges on the 26th and 48th storey. These skybridges have become a popular tourist attraction, for its breathtaking views of the waterfront and city skyline. The skybridges connect all seven blocks of the development, creating a central community space for residents to come together and interact.
The Pinnacle @ Duxton continues to be a much coveted development in Singapore, as evidenced by the record-breaking resale transactions it continues to command for its prime location in Tanjong Pagar. Last month, a unit of 1,011-sqft at block 1B Cantonment Road set a new record high for the highest-ever per-square-foot (psf) price for a resale HDB flat, selling for a remarkable $1,394 psf. Its selling price was an auspicious-sounding $1.41 million.
In a closely-followed suit, a unit from the same size at block 1A Cantonment Road achieved the second-highest PSF ever recorded in history of $1,378 psf, for a total sale value of $1.393939 million. Both units are secluded on the 49th-51st (high) storey of the Pinnacle @ Duxton and are graced with glorious views of the city.
Constructed and completed in 2011, Pinnacle @ Duxton has since then been known for its excessively-high resale value due to its distinctive architectural design and quality of living. In fact, an achievement of five transactions at $1,300 psf or higher has been recorded, indicating the impressive attractiveness of properties in this development. When compared against the nation-wide average resale HDB price growth of 33% since the completion of its Minimum Occupancy Period (MOP) in 2014, the Pinnacle @ Duxton had achieved an excellent 44% increase, clearly exhibiting the incredible value and demand it enjoys.
The development is accessible via Tampines Road, Tampines Central, and Tampines Avenue 11, allowing easy connections to vital public facilities such as the Tampines MRT station”, and with other major road connections, the Tampines Avenue 11 Condo offers the perfect blend of work and play. Touted as the largest development site in the Tampines region, connectivity to other parts of Singapore is heightened. The highly sought-after Tampines Avenue 11 Condo promises a range of conveniences and recreational facilities. Offering an array of amenities, it is well-positioned to be a sought-after address for future residents.
Often seen as a beacon and signature landmark of the skyline of Tanjong Pagar, the 50-storeys twin high-rise boasts of not just its spectacular view from its high floors, but its skybridges on the 26th and 48th storey too. These skybridges, which connect all seven blocks of the development, have become a popular tourist attraction, for its breathtaking views of the waterfront and city, and serve as a central place of convenience and interaction for the residents living in the Pinnacle @ Duxton. Combined with its coveted central location and close proximity to amenities and the city center, it is no surprise that it remains a highly sought-after property to own in Singapore.