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Is it a Good Deal?: Record-high $1.58 million for a five-room flat in The Pinnacle@Duxton
Earlier this month, a five-room HDB flat at 1D Cantonment Road was sold for $1.58 million ($1,398 psf). The 1,130-sq ft flat is part of The Pinnacle@Duxton, which comprises seven 50-storey blocks with a total of 1,848 flats. The Pinnacle@Duxton is located in District 2, within the HDB town of Central Area. As its lease commenced in 2011, the project has a remaining lease of approximately 85 years. We used our analytics tool, Is it a Good Deal?, …
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