Less than a month after our 5-room Pinnacle at 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. –
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If you found this article helpful, 99.co recommends Should Singapore adopt the Danish Mortgage Model? and Full list of new launch condos (with unsold units) approaching their developer ABSD deadlines in 2023/2024.
About Terence Ang
Terence edits and writes about the real estate industry, including Singapore property trends, regulations and home-buying journeys. Other than writing, he also edits other writers' work and oversees the day-to-day operations of 99.co's Insider sections.
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