Sunday, September 28, 2008

Pinnacle Flats On Offer

Source : TODAY, Weekend, September 27, 2008


FOR those waiting to snap up a public flat in the iconic 50-storey integrated housing development, the good news: Some 428 four- and five-room units at The Pinnacle@Duxton are among 992 available under the Housing and Development Board’s (HDB) latest balloting exercise launched on Friday.

The much-hyped flats in the Cantonment Road area are among some of the most expensive new units — with a four-room S1-type priced between $457,000 and $555,000, while the bigger S2 units cost between $545,000 and $646,000.

Even so, the board pointed out, these new flats which come with the HDB discount are priced lower than what resale units in the area have recently sold for. Resale HDB prices have been climbing, showing a4.4-per-cent growth in the second quarter.

The Pinnacle@Duxton is based on an award-winning design, and boasts special features such as skybridges and sky gardens at the 26th and 50th storeys. Apartments will be provided with a varied combination of balconies, bay windows and planter boxes, to suit the preferences of flat buyers.

The balloting exercise also includes surplus units from Selective En bloc Redevelopment Schemes in Ang Mo Kio, Kallang/Whampoa, Queenstown and Jurong West.

There are 128 studio units, priced between $80,000 and $115,000, for sale in Ang Mo Kio, while Jurong West has 285 three-, four- and five-room flats, starting at $142,000. Kallang/Whampoa has 39 four-room and64 five-room units, while there are 48 five-room flats in Queenstown.

@ - Submit applications online by Oct 9

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