SINGAPORE - A five-room unit at the premium Pinnacle@Duxton public housing project has broken the $1 million mark in the resale market, according to SRX Property.
The unit located above the 40th floor went for $1,028,000 this week, the most that any Pinnacle unit has been resold for thus far.
At least nine other Pinnacle@Duxton flats have been resold since this became possible in December, when owners began meeting the five-year minimum occupation period.
Their prices ranged from $835,000 for a four-roomer to $980,000 for a five-roomer.
Source: The Straits Times (23 Jan 2015)