We track 23 sales and 139 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PINNACLE 16 dashboard.
- Average sale price: $1,196,217 across 23 transactions
- Estimated gross rental yield: 3.3%
- District 12 PSF ranking: Above average (top 26%)
- Freehold tenure · RCR · D12 · 73 units
About PINNACLE 16
PINNACLE 16 is a freehold condominium, located at SHAN ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by SB DEVELOPMENT PTE LTD, comprising 73 residential units, completed in 2006.
As a freehold property, PINNACLE 16 does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PINNACLE 16:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 16 | $1,615 psf | $944,188 |
| 2 BR | 3 | $1,615 psf | $1,489,333 |
| 3 BR | 3 | $1,610 psf | $2,023,333 |
| 4 BR | 1 | $1,181 psf | $1,868,000 |
Sales Market Overview
PINNACLE 16 has recorded 23 sale transactions with an average transaction price of $1,196,217, ranging from $870,000 to $2,320,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 9 | $1,507 psf | $935,111 | — |
| 2022 | 2 | $1,494 psf | $1,875,000 | ↓ 0.9% |
| 2023 | 4 | $1,537 psf | $1,193,250 | ↑ 2.9% |
| 2024 | 3 | $1,718 psf | $1,394,333 | ↑ 11.8% |
| 2025 | 4 | $1,771 psf | $1,341,500 | ↑ 3.0% |
| 2026 | 1 | $1,763 psf | $1,025,000 | ↓ 0.4% |
PINNACLE 16 ranks in the top 26% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, PINNACLE 16 trades 22.1% below the segment benchmark.
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Rental Market Overview
PINNACLE 16 has recorded 139 rental transactions with monthly rents averaging $3,282/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 105 | $2,991/mo | $2,000/mo | $4,000/mo |
| 2 BR | 27 | $3,824/mo | $2,800/mo | $5,000/mo |
| 3 BR | 7 | $5,564/mo | $5,200/mo | $6,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 23 | $2,515/mo |
| 2022 | 32 | $2,936/mo |
| 2023 | 25 | $3,764/mo |
| 2024 | 26 | $3,574/mo |
| 2025 | 23 | $3,596/mo |
| 2026 | 10 | $3,470/mo |
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Investment Analysis
Based on average rents and sale prices, PINNACLE 16 delivers an estimated gross rental yield of 3.3%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows PINNACLE 16 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PINNACLE 16
- Novena MRT
- Toa Payoh MRT
- Mount Pleasant MRT
- Newton MRT
- Newton MRT
- CHIJ Our Lady Queen of Peace
- Beatty Secondary School
- New Town Primary School
Nearby MRT Stations
PINNACLE 16 is 520m from Novena MRT (North-South Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 520m |
| Toa Payoh | NS19 | North-South Line | 920m |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 1.2 km |
| Newton | NS21 | North-South Line | 1.5 km |
| Newton | DT11 | Downtown Line | 1.5 km |
Nearby Schools
There are 21 schools within 2 km of PINNACLE 16, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 710m |
| Beatty Secondary School | Secondary | 990m |
| New Town Primary School | Primary | 1.1 km |
| St. Joseph's Institution | Secondary | 1.1 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.1 km |
| School of Science and Technology | Jc | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| Singapore Chinese Girls' School (Primary) | Primary | 1.4 km |
| Balestier Hill Primary School | Primary | 1.4 km |
| Anglo-Chinese School (Primary) | Primary | 1.6 km |
| Pei Chun Public School | Primary | 1.6 km |
FAQ
What is the average price for PINNACLE 16?
What is the rental yield for PINNACLE 16?
Is PINNACLE 16 freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 23 transactions analysed
- Rental data: 139 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for PINNACLE 16
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