September 23, 2023

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4-room Pinnacle@Duxton flat, units new sale report at S$1.4m and S$1,369 psf

3 min read
Lower than a month after our 5-room Pinnacle@Duxton S$1.4m report sale story, one other Pinnacle@Duxton flat – this time, a 4-room unit – has set a brand new report with a S$1.4m sale in April 2023.
1G Pinnacle at Duxton

New Report for 4-room HDB Resale in Singapore

Positioned at Block 1C Cantonment Highway inside the 46-48 ground vary, the 4-room unit spans 95 sqm (1,023 sqft).
This locations it as the costliest 4-room HDB resale flat on each worth and worth per-square-foot (psf) in Singapore.

Statistics-wise, whereas the prior 5-room unit (1,141 sqft) at Blk 1G Cantonment Highway bought at S$1,227 psf, this 4-room (Sort S1) bought on the present record-high of S$1,369 psf.
The earlier report for a 4-room flat (1,001 sq ft) on the identical growth was bought for S$1.37m final October, additionally at S$1,369 psf.

hdb million dollar flats sold at Pinnacle at Duxton
Yearly since 2021, extra 4-room flats at Pinnacle@Duxton have been transacted for a minimum of S$1m in comparison with 5-room flats. What’s fascinating is that in 2023, the typical psf worth for million-dollar 5-room flats (S$1,185) has surpassed 4-room (S$1,154) for the primary time (up to now).

Equally, additionally in April 2023, one other 5-room flat (Sort S2) at Pinnacle@Duxton bought for S$1.4m, or S$1,227 psf.
Because of this there at the moment are three resale flats at Pinnacle@Duxton bought at S$1.4m (two 5-rooms and one 4-room), at psf costs from S$1,227 to S$1,369.
Singapore’s present costliest HDB resale flat – a 5-room unit at SkyTerrace@Dawson, bought for S$1.418m in July final 12 months, or S$1,079 psf.

Million-dollar 4-room HDB resale flats bought in latest months

Whereas March 2023 noticed 39 HDB resale flats transacted for S$1m and above, April has up to now seen about 22 HDB resale flats transacted in that vary.
Whereas 5 of the 22 up to now had been transacted at Pinnacle@Duxton, 2 had been bought at Toa Payoh’s The Peak, 3 at Bishan Avenue 22 and 23, and 1 every at SkyTerrace and SkyVille@Dawson respectively.
Among the many 22, 7 of them (32%) are 4-room flats (93 to 95 sqm).

hdb million dollar flats
Whereas 5-room and govt HDB resale flats dominate the million-dollar flat checklist for the entire of Singapore, it’s the 4-room phase (resulting from decrease ground space) that dominates the typical psf worth chart.

One notable development is that almost all of those flats are greater ground models.
For instance, in April, 4 of the Pinnacle@Duxton report models had been within the Forty third-to-Forty eighth-floor vary, with one exception: a 4-room flat at 1F Cantonment Highway, bought for S$1m in April 2023, was inside the Tenth-Twelfth ground.

Pinnacle@Duxton flats on the market

Pondering of promoting your home to maneuver to a brand new launch or resale rental? Allow us to show you how to with the method by connecting you with a premier property consultant.

When you discovered this text useful, recommends Ought to Singapore undertake the Danish Mortgage Mannequin? and Full checklist of latest launch condos (with unsold models) approaching their developer ABSD deadlines in 2023/2024.

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