# Record $1.701M Resale Five-Room at The Pinnacle @ Duxton - **Source:** Stacked Homes - **Published:** 2026-09-09T06:34:56.000Z - **Author:** Timothy Tay - **Original:** https://stackedhomes.com/pinnacle-duxton-flat-sold-for-1-701m-its-not-even-near-the-top-floor/ - **Topics:** HDB & Public Housing, Transactions & Deals ## Featured rationale The record signals concentrated demand for scarce, centrally located five-room flats with long remaining leases, potentially supporting firm prices at The Pinnacle @ Duxton. ## AI summary A 1,151 sq ft five-room flat at The Pinnacle @ Duxton sold for $1.701 million, or $1,477 psf, setting a Central Area record. ## Original article A five-room flat at the Pinnacle @ Duxton has set a record price for a flat of that type in the Central Area. Today, the most expensive resale HDB flat in that planning area is a 1,151 sq ft unit at 1B Cantonment Road that was sold for $1.701 million earlier this week. The resale price of the flat, which sits between the 28th to 30th floors, translates to $1,477 psf. This clears the previous record for a five-room in the Central Area by $71,000. Incidentally, the previous record-setting transaction also involved a unit in the same block (1B Cantonment Road) at The Pinnacle @ Duxton. That sale saw a smaller, 1,130 sq ft unit, located between the 43rd to 45th floor, change hands for $1.63 million ($1,441 psf) when it was sold in May this year. For a more comprehensive explanation of the locational attributes at The Pinnacle @ Duxton, read our article here. Meanwhile, the most expensive resale flat in Singapore – which sold for $1.728 million in April this year – can be found at City Vue @ Henderson. Unofficially, the most expensive we know of is a 5-room flat in Queenstown at SkyOasis @ Dawson which went for $1.73 million. It is fairly common to see flats at The Pinnacle @ Duxton change hands for over a million dollars. According to resale records, 1B Cantonment Road had recorded several million-dollar sales in recent months: Top resale transactions at 1B Cantonment Road – The Pinnacle @ Duxton Flat Type | Flat Model | Storey | Area (sq ft) | Resale Price ($) | Sale Date Five-room | Type S2 | 28-30 | 1,151 | 1,701,000 | Sept 2026 Five-room | Type S2 | 43-45 | 1,130 | 1,630,000 | May 2026 Five-room | Type S2 | 28-30 | 1,130 | 1,550,000 | Oct 2025 Five-room | Type S2 | 13-15 | 1,130 | 1,508,888 | July 2026 Five-room | Type S2 | 7-9 | 1,130 | 1,480,000 | July 2026 Four-room | Type S1 | 43-45 | 1,022 | 1,460,000 | May 2026 Source: HDB, Compiled by Stacked The most striking aspect about the $1.701 million resale transaction is the difference in floor compared to other top million-dollar transactions at the block, as well as across The Pinnacle @ Duxton. Block 1B is a 50-storey tower, which means that the record-setting flat is only a mid-tier unit when we consider the height of the tower. The difference in price is even more stark when we compare it to the $1.63 million for the runner-up flat that sits between the 43rd to 45th floors. The record-breaking flat is larger by comparison, coming in at 1,151 sq ft compared to the 1,130 sq ft flat sold in May. In a way, that 22 sq ft difference in space – while not dramatic – could partially explain the price gap in absolute dollar terms. It’s among the most expensive 22 sq ft of space in a Singapore HDB flat though, with the $PSF price of $1,477 translating to $32,494. Taking a step back, it is also clear that the price trajectory at The Pinnacle @ Duxton, and within Block 1B, has been on a consistent upward trajectory for the past few years. Based on resale records for 1B Cantonment Road, we saw that a 1,130 sq ft unit on the 28th to 30th floors fetched $1.42 million ($1,256 psf) in December 2023. Two years later, in October 2025, a similarly sized unit on the same floor band sold for $1.55 million ($1,371 psf) – a gain of $130,000. However, mid-to-lower floor units at block 1B were able to fetch even higher resale prices, ranging from $1.48 million to $1.508 million. The latest record-breaking sale at $1.701 million represents a significant step up compared to the resale prices that units in this block had been going for even 12 months ago. Completed in 2009, The Pinnacle @ Duxton has seen its fair share of million-dollar and record-breaking transactions over the years. On the whole, concerns over the negative impact of lease decay on the value of homes at The Pinnacle @ Duxton are fairly overblown. The landmark HDB project is one of the most distinctive public housing developments in Singapore. Completed in 2009, the development is now about 17 years old with a remaining land lease of approximately 83 years. With a comfortable number of years left on its lease, this keeps flats in that development well clear of the thresholds that can restrict loan quantum or buyer eligibility for most purchasers. Moreover, there are only 88 five-room flats in Block 1B compared to 176 four-room flats, and the other six high-rise residential towers have roughly the same unit mix. The overall scarcity of five-room flats at The Pinnacle @ Duxton has been shown to support firmer asking prices when motivated buyers step into the ring. To put the new record resale price of $1.701 million into context, here are the five highest five-room resale transactions ever recorded in the Central Area – the location where The Pinnacle @ Duxton is found. Top 5 Highest Five-Room Transactions in the Central Area Block | Street | Month | Storey | Size (sq ft) | Price 1B | CANTONMENT RD | 2026-09 | 28 TO 30 | 1,152 | $1,701,000 1B | CANTONMENT RD | 2026-05 | 43 TO 45 | 1,130 | $1,630,000 1G | CANTONMENT RD | 2025-08 | 49 TO 51 | 1,130 | $1,600,000 1A | CANTONMENT RD | 2025-09 | 40 TO 42 | 1,152 | $1,590,000 1D | CANTONMENT RD | 2025-06 | 34 TO 36 | 1,130 | $1,580,000 Based on the data compiled by Stacked, we can see that all five of the highest five-room resale prices ever recorded in the Central Area have come from flats at The Pinnacle@Duxton. No other part of the Central Area has come close to these price levels for this flat type. This strongly suggests that demand for prime five-room flats in this part of Singapore overwhelmingly flows into the million-dollar flats in this HDB project. It is also worth noting the floor distribution across these five transactions. They span a range from the 28th to 30th floors all the way up to the 49th to 51st. However, resale prices are clustered within a $133,000 band that ranges from $1.568 million to $1.701 million. That compression of price across a wide floor range echoes a pattern we have previously observed at other high-demand HDB clusters, where factors beyond floor level – such as unit size, facing, and timing – seem to play an outsized part compared to the eventual price. Most Recent Five-Room Transactions in the Central Area Block | Street | Month | Storey | Size (sq ft) | Price 642 | ROWELL RD | 2026-08 | 22 TO 24 | 1,496 | $1,150,000 634 | VEERASAMY RD | 2026-08 | 25 TO 27 | 1,399 | $1,120,000 671B | KLANG LANE | 2026-08 | 13 TO 15 | 1,130 | $787,000 1C | CANTONMENT RD | 2026-07 | 16 TO 18 | 1,152 | $1,510,000 1B | CANTONMENT RD | 2026-07 | 13 TO 15 | 1,130 | $1,508,888 When we take a step back to examine the wider HDB resale market across different towns and estates in the Central Area, the transaction record illustrates just how bifurcated the five-room resale market is within this planning area. For example, resale units at Rowell Road and Veerasamy Road – while sizable – transacted at $1.15 million and $1.12 million, respectively, in August 2026. A unit at Klang Lane also fetched $787,000 last month too. These flats are older and carry shorter remaining leases, which directly affects where buyers are willing to pitch their offers. On the other hand, the flats at The Pinnacle @ Duxton easily managed to command million-dollar prices of over $1.5 million in July 2026 – even those on the 13th to 18th floors. According to data compiled by Stacked, the 12-month median resale price for five-room flats across the Central Area is $1.473 million, based on 30 transactions over that period. Prices have ranged from $780,000 to the new record of $1.701 million. That’s quite a wide price gap, and it reflects the two-tier nature of the five-room resale market in this town: flats at The Pinnacle @ Duxton easily command prices near and above the price median, while older flats elsewhere transact at prices significantly below it. Where might HDB resale price go from here? We previously reported that over 200 resale flats changed hands for at least a million-dollars last month, hot on the heels of the government’s announcement that the 15-month wait-out period had been lifted. You can read our article about that here: A Record 201 Million-Dollar HDB Flats Sold In August — Here’s What Changed After The 15-Month Wait-Out Was Removed It is possible that the latest record-setting HDB resale stems from a private home owner looking to cash out on their former condo or private home, into a five-room resale flat in a centrally located area like Cantonment / Tanjong Pagar. We will likely continue to see other resale flats at The Pinnacle @ Duxton fetch million-dollar prices, especially since the price floor for most units has been set at around $1.5 million to $1.7 million with the latest record deal. It’s also relatively easy for some Singaporeans to take out a bank loan to afford such seemingly sky-high prices. With about 83 years left on its land lease, that is still within the range that allows buyers taking a bank loan to access standard loan tenures without restriction. Willing buyers committing up to $1.7M will need that certainty on their financing structure, and the relatively long remaining lease provides it to them and their bankers. The broader price trajectory at The Pinnacle@Duxton also provides us with an important context. Across all five blocks that have featured in the top-five table, transactions have climbed from $1.56 million in May 2025 to $1.701 million in September 2026, a gain of $132,620 in the price ceiling over roughly 16 months. That is a measured and steady increase in the price expectation of both buyers and sellers. At 60-stories tall, the future BTO project at Pearl’s Hill will be the tallest HDB development in Singapore when it is completed. (Picture: HDB) Although, in a few years time, the crown might not be shining on The Pinnacle anymore. We know that a new 60-storey HDB development will break ground at Pearl’s Hill, at the site of the former Outram Park Complex. This future Build-To-Order development will be at least 10 stories taller than The Pinnacle @ Duxton. The BTO will comprise approximately 1,700 flats with a mix of two-room Flexi, three-room, and four-room units, as well as over 140 public rental flats. Some market watchers, like ERA Singapore, estimate that prices for the new BTO units at Pearl’s Hill could start from: $218,000 to $369,000 for a two-room flexi $420,000 to $562,000 for a three-room flat $578,000 to $788,000 for a four-room flat The absence of five-room flats matches the unit mix we have seen among recent Prime BTO projects that HDB has rolled out in recent months, and we think this project is almost certain to be in this category. When it launches, it will certainly shake up the resale market in the area, and buyers will have to find a trade off between a new – and possible lucrative – BTO opportunity in this Central Area, but tied to a 10-year minimum occupation (MOP), or the sky-high prices over at The Pinnacle @ Duxton. ## Chinese translation > Translation model: grok_cli ### 达士岭五房式组屋转售创下新币170万1000元纪录 达士岭（The Pinnacle@Duxton）一套五房式组屋于2026年9月以新币170万1000元成交，折合每平方英尺新币1477元，创下该户型在中央区的转售新纪录。 达士岭（The Pinnacle @ Duxton）一套五房式组屋创下该户型在中央区的纪录成交价。目前，该规划区内最贵的转售组屋是广东民路1B座一套1151平方英尺单位，本周稍早以新币170万1000元成交。该单位位于28至30楼，转售价折合每平方英尺新币1477元。 这比此前中央区五房式组屋的纪录高出新币7万1000元。巧合的是，上一次创纪录的成交同样来自达士岭同一座楼（广东民路1B座）。那笔交易是一套较小的1130平方英尺单位，位于43至45楼，于今年5月以新币163万元（每平方英尺新币1441元）易手。 若想更全面地了解达士岭的地段优势，请阅读我们这篇文章。与此同时，新加坡目前最贵的转售组屋——今年4月以新币172万8000元成交——位于City Vue @ Henderson。非正式记录中，我们所知最贵的是女皇镇SkyOasis @ Dawson一套五房式组屋，成交价为新币173万元。 达士岭组屋成交价超过百万元相当常见。根据转售记录，广东民路1B座近几个月已录得多笔百万元成交： 广东民路1B座——达士岭（The Pinnacle @ Duxton）最高转售成交 户型 | 组屋型号 | 楼层 | 面积（平方英尺） | 转售价（新元） | 成交日期 五房式 | Type S2 | 28-30 | 1,151 | 1,701,000 | 2026年9月 五房式 | Type S2 | 43-45 | 1,130 | 1,630,000 | 2026年5月 五房式 | Type S2 | 28-30 | 1,130 | 1,550,000 | 2025年10月 五房式 | Type S2 | 13-15 | 1,130 | 1,508,888 | 2026年7月 五房式 | Type S2 | 7-9 | 1,130 | 1,480,000 | 2026年7月 四房式 | Type S1 | 43-45 | 1,022 | 1,460,000 | 2026年5月 来源：建屋发展局（HDB），由Stacked整理 这笔新币170万1000元转售交易最引人注目之处，在于其楼层与该座楼以及其他达士岭创百万元纪录成交的差异。1B座是一栋50层高楼，这意味着这套创纪录单位若以整座楼高度衡量，只属于中层单位。 与位于43至45楼、成交价新币163万元的次高纪录单位相比，价差更加明显。 相较之下，这套创纪录单位面积更大，为1151平方英尺，而5月成交的单位为1130平方英尺。某种程度上，这22平方英尺的面积差距——虽然不算惊人——可以部分解释绝对金额上的价差。 不过，这大概是新加坡组屋中最贵的22平方英尺之一，以每平方英尺新币1477元计算，这22平方英尺折合新币32,494元。 退一步看，达士岭以及1B座的价格轨迹在过去几年显然持续上行。根据广东民路1B座的转售记录，一套位于28至30楼、面积1130平方英尺的单位在2023年12月成交价为新币142万元（每平方英尺新币1256元）。两年后的2025年10月，同一楼层段一套面积相仿的单位以新币155万元（每平方英尺新币1371元）成交，升值新币13万元。 然而，1B座的中低楼层单位也能录得更高转售价，介于新币148万元至150万8000元。最新这套新币170万1000元的破纪录成交，较该座楼即便在12个月前的转售价也明显再上一个台阶。 达士岭于2009年竣工，多年来已多次录得百万元及破纪录成交。 整体而言，外界对达士岭剩余租约衰减会拖累房价的担忧相当被夸大。这个地标性组屋项目是新加坡最具辨识度的公共住房发展之一。2009年竣工后，项目楼龄现约17年，剩余地契约83年。 剩余租约年期仍相当充裕，使该项目组屋远未触及可能限制大多数买家贷款额度或购屋资格的门槛。 此外，1B座只有88个五房式单位，四房式则有176个，其余六座高层住宅塔楼的单位组合大致相同。达士岭五房式组屋整体稀缺，已证明能在有意欲入市的买家进场时支撑更坚挺的叫价。 为了给这套新币170万1000元的新纪录转售价提供参照，以下是中央区——也就是达士岭所在地——有记录以来最高的五笔五房式转售成交。 中央区五房式组屋最高五笔成交 座 | 街道 | 月份 | 楼层 | 面积（平方英尺） | 价格 1B | 广东民路 | 2026-09 | 28至30 | 1,152 | 新币1,701,000元 1B | 广东民路 | 2026-05 | 43至45 | 1,130 | 新币1,630,000元 1G | 广东民路 | 2025-08 | 49至51 | 1,130 | 新币1,600,000元 1A | 广东民路 | 2025-09 | 40至42 | 1,152 | 新币1,590,000元 1D | 广东民路 | 2025-06 | 34至36 | 1,130 | 新币1,580,000元 根据Stacked整理的数据，中央区有记录以来最高的五笔五房式转售价全部来自达士岭的组屋。 中央区其他地段的该户型成交价均远未接近这些水平。这强烈表明，新加坡这一带对优质五房式组屋的需求，绝大多数流向了这个组屋项目中的百万元单位。 同样值得注意的是这五笔交易的楼层分布。它们从28至30楼一直覆盖到49至51楼。不过，转售价集中在新币156万8000元至170万1000元、跨度仅新币13万3000元的区间内。 价格在如此宽的楼层