A five-room flat at Pinnacle@Duxton in Cantonment Road fetched a record $1.232 million in March.
Pandemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle @ Duxton and other prime areas.
New price records were hit even as the number of million-dollar HDB resale deals fell year-on-year in the first seven months as the pandemic took its toll on the economy and employment.
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A version of this article appeared in the print edition of The Sunday Times on September 13, 2020, with the headline ‘Skyscraper resale flat prices hit new highs despite crisis’. Print Edition | Subscribe