Highest and costliest

Source : Sunday Times -23 Nov 2008

As befits its name, The Pinnacle@Duxton will be Singapore’s highest public housing block. At present, that title is shared by 40-storey blocks in Toa Payoh and Queenstown.
The project, with 1,848 flats, has also hit another high - a unit on the 49th storey is going for $645,800, making it Singapore’s costliest new public flat.
The HDB launched the project in 2004 at prices ranging from $289,200 to $439,400. The remaining 428 units were offered in the September 2008 Balloting Exercise, which received 3,116 applications.
The HDB says the selection exercise will start from this January.
Today, prices range from $457,000 to about $645,000.
In contrast, property experts say units at the nearby 41-storey Icon private condominium at Tanjong Pagar are going for $769,500.
Of the 1,848 flats at The Pinnacle, 1,232 are four-room flats ranging in size from 93sq m to 97 sq m.
The rest are five-room flats from 105 sq m to 108 sq m.
Construction on the massive project began in 2005 and will be completed in the second half of next year.
Two Sundays ago, Minister Mentor Lee Kuan Yew toured the 26th and 50th levels of the new flats, which lie within his Tanjong Pagar GRC.