A second Pinnacle@Duxton unit has been sold on the resale market for $918,000, reported the media.
Located somewhere below the sixth floor, the 106 sq m flat was bought by a local couple in their 60s and their daughter, revealed a DWG agent, who managed the transaction.
Notably, the buyers were downgrading from a private property and bought the five-room flat from a local couple in their mid-40s.
“The flat is on a very low floor, so the current owners were more realistic with the price,” said the property agent.
“They bought the flat for under $400,000,so they are quite happy with the selling price.”
Recently, it has been reported a four-room flat located between the development’s 34th and 36th floors was sold for $900,000.
The sales come after the five-year minimum occupation period for most home owners at the development ended on 16 December.
Completed in 2009, Pinnacle@Duxton has 1,848 units in seven connected towers of 50-storeys, making it the tallest public housing project in the world.
Image source: pinnacleduxton.com.sg
Muneerah Bee, Senior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
