New records set for five-room flats at Pinnacle@Duxton and Clementi, at $1.701 million and $1.59 million respectively
The records signal strong demand for well-located, long-lease five-room flats and could support seller expectations and premium resale pricing in mature estates.
Five-room HDB flats at The Pinnacle@Duxton and Clementi Crest set town records in September 2026 at $1.701 million and $1.59 million respectively.
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Two record-setting five-room HDB flat resale transactions were recorded recently, one at The Pinnacle@Duxton and another in Clementi.
Pinnacle@Duxton five-room flat sets a new high of $1.701 million for HDB flats in Central Area
A five-room flat at 1B Cantonment Road, part of The Pinnacle@Duxton, was sold for $1.701 million ($1,477 psf) in September 2026, setting a new record for HDB flats in the Central Area HDB town. Located on the 28th to 30th storeys, the flat measures 1,151 sq ft. It has a remaining lease of approximately 84 years, with the lease commencing in 2011.
This transaction surpasses the previous high of $1.63 million for a five-room flat in the same block, set in May 2026 (see Table 1). That flat was on higher storeys of 43 to 45.
Read also: What's moving the market: Singapore's biggest property deals and hottest searches (Sept 4)
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The high price fetched by the subject flat could be attributed to it being part of The Pinnacle@Duxton, regarded as one of Singapore’s iconic HDB developments. Its city-fringe location, distinctive design and proximity to the CBD may have also contributed.
The subject flat is within walking distance of Maxwell, Tanjong Pagar and Outram Park MRT stations, enabling access to the Thompson-East Coast, East-West and North East lines (see Map 1).
The development is also located near a wide range of amenities. Malls and commercial nodes nearby include 100AM, Tanjong Pagar Plaza, Icon Village and Chinatown Point. Schools within a 2km radius include Cantonment Primary School and Outram Secondary School.
The subject flat remains below the current HDB resale record. It is the third flat to sell at $1.7 million or more so far in 2026 (see Table 2).
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It ranks second by price among the three, sitting between a five-room flat in Bukit Merah that sold for $1.728 million and one in Queenstown that sold at exactly $1.7 million. Both Bukit Merah and Queenstown are mature estates. That said, the subject flat commands the highest psf of the three at $1,477.
This ranking in Table 2 excludes a five-room flat at Skyoasis @ Dawson in Queenstown, which EdgeProp reported in July 2024. That flat had sold for $1.726 million, which would place it ahead of the subject flat, though the transaction does not appear in the current HDB dataset.
Read also: What's moving the market: Singapore's biggest property deals and hottest searches (Aug 28)
Clementi five-room flat sets a new record of $1.59 mil for flats of its type in the town
Meanwhile, a five-room flat at 445A Clementi Avenue 3 was sold for $1.59 million ($1,307 psf) on 9 September 2026. Located on the 37th to 39th storeys, the flat measures 1,216 sq ft and has a remaining lease of about 94 years.
This transaction surpasses the previous high of $1.58 million ($1,299 psf) for five-room flats in the block, a price matched twice this year. The first was on the same storeys of 37 to 39 in May 2026, and the second was on lower storeys of 22 to 24 in August 2026 (see Table 3). All three flats are part of the Clementi Crest development, which has two blocks comprising 385 units in total, with a mix of four- and five-room flats.
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Both flats are part of the Clementi Crest development, which has two blocks comprising 385 units in total, with a mix of four- and five-room flats.
Having only recently cleared its Minimum Occupation Period, the flat carries a long remaining lease of about 94 years, which may have added to its appeal.
The subject flat also sits close to Clementi MRT Station and Clementi Bus Interchange. It is also within reach of several malls, including Grantral Mall @ Clementi, 321 Clementi and The Clementi Mall. Clementi 448 Market and Food Centre, newly renovated and offering a range of food options, sits directly adjacent to the development. (see Map 2).
Clementi Primary School and Pei Tong Primary School are within 350m of the flat. Within a 1km radius, schools include Nan Hua Primary School and Nan Hua High School.
Read also: Has the HDB market decoupled from the private property market?