So, who just paid a fortune for a tiny 4‑room HDB flat?
In October 2022, a 1,001‑sqft, 4‑room (Type S1) loft on the 46th to 48th floor of Block 1D at Pinnacle@Duxton hit the market’s jackpot, pulling in $1.37 million – that’s a whopping $1,368 per square foot. The price makes it the most expensive 4‑room resale flat in Singapore, the sixth most expensive resale flat overall, and the second‑highest price ever snagged at Pinnacle@Duxton.
Why the eye‑catching price matters
For context, the big‑guy at Pinnacle was a 5‑room (Type S2) 1,152‑sqft unit on Block 1F that sold for $1.389 million ($1,205 psf) back in March 2022. The next in line was a slightly larger 4‑room (1,012 sqft) that fetched $1.3 million ($1,284 psf) in the same month – second only to the big sale for 4‑rooms nationwide.
Outside the Twin‑Tower
The most expensive non‑Pinnacle 4‑room HDB resale is in City View at 9 Boon Keng Road, a 1,023‑sqft DBSS unit that sold for $1.18 million ($1,153.47 psf) in November 2021.
Per‑square foot bragging rights
With $1,368 psf, the Pinnacle sale tops the national record for HDB resales. Only a 689‑sqft 3‑room flat on 498 Jurong West Street 41 (sold in November 2009) came close at $1,364.3 psf.
Quick snapshot of recent record‑holders
- Oct 2022 – 4‑room (S1) at Pinnacle@Duxton, 46‑48 floor, 1,001 sqft, sold for $1.37 million ($1,368 psf) – most expensive 4‑room and sixth overall.
- Oct 2022 – 4‑room (S1) at Pinnacle@Duxton, 49‑51 floor, 1,012 sqft, sold for $1.3 million ($1,284 psf) – second most expensive 4‑room in Singapore.
- Apr 2022 – 4‑room (S1) at Pinnacle@Duxton, 31‑33 floor, 1,001 sqft, sold for $1.228 million ($1,226 psf) – third most expensive 4‑room.
- Mar 2022 – 5‑room (S2) at Pinnacle@Duxton, 46‑48 floor, 1,152 sqft, sold for $1.389 million ($1,205 psf) – most expensive 5‑room in the complex.
Why this sale matters beyond the price
It snapped up just a few weeks after the government announced cooling measures in late September 2022. It’s highly likely that the contract lock‑in happened before the policy update, giving the buyer a bit of a head start. The project, located at Cantonment Road in Tanjong Pagar, was finished in 2011 and hit the resale market in 2015. With seven 50‑storey blocks, Pinnacle@Duxton is the world’s tallest public residential development.
Unit breakdown
- Total units: 1,848 (1,232 4‑rooms, 616 5‑rooms).
- Million‑dollar 4‑room sales: 59 (4.79% of all 4‑rooms, 3.19% of every unit).
- Million‑dollar 5‑room sales: 113 (18.34% of all 5‑rooms, 6.11% of every unit).
Will the $1,368 psf record hold?
Only time (and maybe a salad bowl of leeks) will tell. For now, the headline‑grabber is a modestly sized 4‑room flat that proves luxury and high performance can live in a 1,001‑sqft footprint.
Read more on the journey of a family that sold a Pinnacle@Duxton 5‑roomer to get closer to Bukit Timah schools – because a home isn’t just about the price on paper.
