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The Pinnacle @ Duxton is a public housing development along Cantonment Road, with 1,848 units in seven tower blocks linked with sky gardens on the 26th and 50th floors. It is within walking distance of Tanjong Pagar MRT station.
A five-room flat at the Pinnacle @ Duxton at Block 1B with a floor area of 1,162 sq ft was sold for a whopping $1,068,888 in January 2016. The sale represents the second most expensive sale of a five-room flat in Singapore, real estate website The Edge Singapore reported.
The $1.08m sale of another Pinnacle @ Duxton unit in November last year remains the record transaction for a five-room flat. Another unit at Pinnacle @ Duxton went for $1.02 million in January. In the past year, five-room units at the development have been sold for between $868,000 and $1.088 million.
When the project was launched, five-room units were priced between $345,100 and $439,400, The Straits Times reported. Owners began putting up their flats for sale at the end of 2014 after fulfilling their five-year minimum occupation period.
When the project was launched, five-room units were priced between $345,100 and $439,400, The Straits Times reported. Owners began putting up their flats for sale at the end of 2014 after fulfilling their five-year minimum occupation period.
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