Pinnacle @ Duxton 4-Room HDB Flat Sets Record S$1.588M Caveat at S$1,569 PSF

7 October 2026 · PropertySpy Research

A high-floor 4-room flat at The Pinnacle @ Duxton in Tanjong Pagar has sold for S$1.588 million (S$1,569 psf), marking a new all-time PSF high for a 4-room HDB resale flat.

Key Takeaways

•All-Time 4-Room PSF High: At S$1,569 psf (S$1.588M for 1,012 sq ft), the transaction sets a new national PSF record for a 4-room HDB flat.

•No-PLH Advantage: Unlike newer Prime Location Public Housing (PLH) and Plus/Prime flats with 10-year MOPs and subsidy clawbacks, Pinnacle @ Duxton faces no resale income cap.

•Condo Price Arbitrage: Even at S$1,569 psf, the flat trades at nearly a 45% PSF discount to neighbouring Tanjong Pagar private condos averaging S$2,700–S$3,100 psf.

A high-floor 4-room flat on the 43rd to 45th storey range at The Pinnacle @ Duxton has changed hands for S$1.588 million—translating to S$1,569 psf across its 1,012 sq ft floor area. The caveat establishes both a new record price for a 4-room flat at the iconic Cantonment Road landmark and the highest PSF ever recorded for a 4-room HDB resale flat in Singapore.

Why are cash-rich buyers willing to pay S$1.588 million for a public housing flat in District 2? First, The Pinnacle @ Duxton was built before the introduction of the Prime Location Public Housing (PLH) and Prime flat classification framework. That means buyers enjoy a standard 5-year Minimum Occupation Period (MOP), zero subsidy clawback upon future sale, and no household income ceiling for resale buyers.

"Pinnacle @ Duxton is effectively a unicorn in District 2—it sits in the heart of Tanjong Pagar without the 10-year MOP and income-ceiling restrictions attached to every new Prime BTO flat." — PropertySpy Market Note

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Second, when compared against private residential alternatives in Tanjong Pagar—where modern 3-bedroom condominiums of similar size command S$2.8 million to S$3.3 million—a S$1.588 million sky-high flat with panoramic city and harbour views represents a S$1.3 million+ capital savings.

Should You Buy a S$1.6M Central HDB or a Private Condo?

While central trophy HDB flats offer unmatched location value per dollar, buyers must weigh the lack of equity refinancing (no cash-out equity term loans on HDB flats) and the S$1,400 monthly CPF valuation cap limits. Connect with PropertySpy to compare central resale HDB math against RCR private condominium alternatives.

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