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. This article provides an in-depth analysis of the landmark transaction, examining the contributing factors to this record price and its potential.
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I think it’s safe to say that The Pinnacle@Duxton is probably Singapore’s most well-known HDB project.
It has made headlines for many reasons, one of which is its superbly central location in Tanjong Pagar along Cantonment Road.
It was also Singapore’s very first 50-storey public housing and also features 2 Sky Bridges that offers a panoramic view of the city – unheard of in the public housing market when it was first announced.
Moreover, the HDB even launched an international architectural design competition and received over 200 submissions which eventually led to the design that we see today.
Now 10 years on (time flies, doesn’t it), The Pinnacle@Duxton has drawn both praise and criticism since its announcement.