{"id":74794,"date":"2024-05-15T18:19:30","date_gmt":"2024-05-15T10:19:30","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=74794"},"modified":"2024-05-16T10:42:31","modified_gmt":"2024-05-16T02:42:31","slug":"the-pinnacle-duxton-ath-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/the-pinnacle-duxton-ath-2024\/","title":{"rendered":"S$1,515,000 ATH for a unit at Pinnacle @ Duxton, highest ever so far"},"content":{"rendered":"
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The Pinnacle @ Duxton, a prominent HDB development in Singapore, achieved a new resale transaction record of S$1,515,000. This sets the highest-ever price for a unit in this development, indicating strong demand and value for properties in prime locations.<\/p>\r\n\r\n\r\n\r\n

This article provides an in-depth analysis of the landmark transaction, examining the contributing factors to this record price and its potential implications for the real estate market.<\/p>\r\n\r\n\r\n

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Overview of the ATH transaction<\/h2>\r\n\r\n\r\n\r\n

On 1 May 2024, a 5-room unit at Block 1C, Cantonment Road in The Pinnacle @ Duxton<\/a> was sold for S$1,515,000. The unit, located on a high floor between the 37th and 39th storeys, spans 106 square meters.<\/p>\r\n\r\n\r\n\r\n

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The million-dollar trend has been going steadily on since April 2015. Above is data from May 23 onwards.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

This transaction matches the ATH town price for the Central Area<\/a> and stands out compared to the ATH national price of S$1,568,888.<\/p>\r\n

The last time The Pinnacle @ Duxton reached an ATH transaction was quite recent: 1 April 2024 with a S$1.425M.<\/p>\r\n\r\n\r\n

Read our cover of Singapore’s overall ATH: At S$1.588M, this 5R HDB in Bukit Merah is Singapore\u2019s most expensive resale flat <\/a><\/i><\/p>\n\r\n\r\n

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The Pinnacle @ Duxton: A prime location<\/h2>\r\n\r\n\r\n\r\n
\"the\r\n
The Pinnacle @ Duxton from street level. Image credit: CC BY-SA 4.0.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

The Pinnacle @ Duxton<\/a> is a 99-year leasehold HDB development located at Cantonment Road in District 2. This HDB project’s MOP year is 2016.<\/p>\r\n\r\n\r\n\r\n

It is within walking distance of MRT stations such as Outram Park (NE3, 450 m, 7-min walk) and Tanjong Pagar (EW15, 800 m, 11-minute walk), which provide residents easy access to other areas of Singapore.<\/p>\r\n\r\n\r\n\r\n

For young couples or families with children, The Pinnacle @ Duxton is also close to schools like Cantonment Primary School (2-min drive, 4-min walk) , Radin Mas Primary School (7-min drive) , River Valley Primary School (10-min-drive) , Outram Secondary School (6-min drive( and Zhangde Primary School (10-min drive).<\/p>\r\n\r\n\r\n