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Take Your Pick From Pinnacle’s Wide Range Of Casino Games – The Pinnacle @ Duxton recently saw a record sale of $1.232 million for a five-bedroom apartment. That’s the highest price yet for an HDB flat. But with multi-million dollar condos going on, this is just another in a long line. There were already about 40 units at Pinnacle @ Duxton that crossed the million dollar mark.

DBSS system about two years; DBSS was launched in 2004 and was only announced in 2006.

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This project was actually born in 2001 when URA held an international architectural competition. Architects from around the world were asked to design a project that would accommodate the urban public, while optimizing the single site on Cantonment Road.

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They also made it special because the land where Pinnacle @ Duxton stands has historical value – it is the site of the first two public housing complexes in Tanjung Pagar. This makes it one of the first plots

The winner of that competition was a collaboration between ARC Studio Architecture + Urbanism and RSP Architects Planners and Engineers. Their idea was what eventually led to the creation of Pinnacle @ Duxton: the world’s tallest public housing development to date at 50 storeys and the first in the world to connect seven towers to two bridges.

Some market observers have hypothesized – but not directly proven – that Pinnacle @ Duxton was the inspiration behind subsequent DBSS projects.

For example, the average price of a five-room apartment in Singapore, in 2004, was over 300,000 dollars. However, most of the five-bedroom apartments at Pinnacle @ Duxton ranged from $345,100 to $434,900.

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In fact, Pinnacle @ Duxton still holds the record for the highest average price for new flats purchased by HDB; And the most expensive new unit bought at $646,000 (more than twice the price of the average five-bedroom apartment at the time!)

. Many took it as an indication that Singaporeans can and will seek high-quality public housing.

To illustrate: If you bought a five-bedroom unit here for $434,900 and then sold it for $1.232 million, that’s a 183.2 percent return — about a 6.7 percent return per year.

In short, Pinnacle @ Duxton has been built and marketed as a premium project and cannot be seen as a reflection of the wider HDB resale market.

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This development is in a class of its own and we should consider its million dollar units as a property separate from the ‘real’ HDB flats.

Tanjung Pagar is a historic district in the central business district and is also a stone’s throw from the historic Chinatown. There is almost no chance of seeing a BTO launched near here: not only is the area very crowded, there will be endless outrage on Facebook/Instagram about the injustice.

Pinnacle @ Duxton raised complaints about people who managed to secure HDB housing in the central area; it was there

How to do this fairly is debatable, as the people who get an apartment here are basically 4D magic.

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Very few condo owners would pass up this location, so you’ll end up paying a premium for any property here. Even if Pinnacle @ Duxton

A very special project that will offer an incredible price for its location. Both boxes are checked.

Two-story runway. Both of the project’s runways, at 500 meters high, are the longest in the world (and are popular sites for watching the national holiday parades).

There is a walkway that connects all 7 towers (something we have never experienced in an apartment), and along the way is a jungle gym, playgrounds, jogging track, etc. Other facilities include a food court, childcare and some shops.

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Some even apartments you don’t own. Then again, it’s no surprise that the price is closer to public housing than public housing.

Set to a much higher standard than usual, the design and finish for Pinnacle @ Duxton is on HDB tender; And the units sold better furnished than most HDB flats.

In fact, some private developers* have complained and claimed that standards were higher than in many apartments. The interiors of the units are also designed with easily removable walls for different configurations; Again not uncommon in apartments, but unheard of in regular apartments.

This could lend credence to the theory that DBSS flats, which also have finishes on par with flats, could be an idea originating from Pinnacle @ Duxton.

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Pinnacle @ Duxton is more like a terrace home or a two-storey townhouse, and is one of those properties that could have been built by HDB, owned by HDB rules, but

An apartment in the truest sense of the word. It might make sense to compare it to a residential complex (not even a DBSS flat), considering the facilities.

Of course, that doesn’t change the fact that the people who bought a unit here for $439,000 got a great deal.

Although it may be cheaper than an apartment in Tanjong Pagar, the seller may place an exorbitant price over the estimate. Remember, mortgages don’t cover excess cash, so you’ll have to pay the potential difference out of pocket.

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You should also check out Stacked for our in-depth reviews of properties in the area (and others) before you make your choice.

If you need more help deciding, you can also message us on Facebook and we can help you evaluate your options.

Ryan J. Ryan is an old-school print journalist who went digital. He has lived in almost every type of housing in Singapore, from apartments to homes that have been sold. For the past 18 years, he has been a content producer for companies large and small, co-founder in the field of education and occasional voice on radio. He also spends a lot of time and money drawing little plastic soldiers.

My name is Shaun and our goal is to help buyers and sellers of apartments in Singapore make the best decision for themselves. Have a question in mind? Email us at: hello @

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The median HDB resale flat price, Islandwide, averaged $519 per square foot at the end of March 2022. That would put the average price of a 5-bedroom flat (around 1,200 square feet) at around $630,000 +, still far from the million dollar mark.

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While fixed HDB prices are still up 12 per cent from a year ago, price growth is slowing.

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