4-room Pinnacle@Duxton flat, sets new sale record at S$1.4m and S$1,369 psf

Less than a month after our 5-room Pinnacle@Duxton S$1.4m record sale story, another Pinnacle@Duxton flat – this time, a 4-room unit – has set a new record with a S$1.4m sale in April 2023.

New Record for 4-room HDB Resale in Singapore

Located at Block 1C Cantonment Road within the 46-48 floor range, the 4-room unit spans 95 sqm (1,023 sqft). This places it as the most expensive 4-room HDB resale flat on both price and price per-square-foot (psf) in Singapore.  Statistics-wise, while the prior 5-room unit (1,141 sqft) at Blk 1G Cantonment Road sold at S$1,227 psf, this 4-room (Type S1) sold at the current record-high of S$1,369 psf. The previous record for a 4-room flat (1,001 sq ft) at the same development was sold for S$1.37m last October, also at S$1,369 psf.  

Similarly, also in April 2023, another 5-room flat (Type S2) at Pinnacle@Duxton sold for S$1.4m, or S$1,227 psf. This means that there are now three resale flats at Pinnacle@Duxton sold at S$1.4m (two 5-rooms and one 4-room), at psf prices from S$1,227 to S$1,369. Singapore’s current most expensive HDB resale flat – a 5-room unit at SkyTerrace@Dawson, sold for S$1.418m in July last year, or S$1,079 psf.

Million-dollar 4-room HDB resale flats sold in recent months

While March 2023 saw 39 HDB resale flats transacted for S$1m and above, April has so far seen about 22 HDB resale flats transacted in that range. While 5 of the 22 so far were transacted at Pinnacle@Duxton, 2 were sold at Toa Payoh’s The Peak, 3 at Bishan Street 22 and 23, and 1 each at SkyTerrace and SkyVille@Dawson respectively. Among the 22, 7 of them (32%) are 4-room flats (93 to 95 sqm).

One notable trend is that most of these flats are higher floor units. For example, in April, four of the Pinnacle@Duxton record units were in the 43rd-to-48th-floor range, with one exception: a 4-room flat at 1F Cantonment Road, sold for S$1m in April 2023, was within the 10th-12th floor. –

Pinnacle@Duxton flats for sale

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