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Singapore Property News, Insights and Analysis

Completed 2006

Pinnacle 16

D12 · Balestier / Toa Payoh · 16 Shan Road

A 73-unit freehold apartment in D12, completed in 2006. Developed by Sb Development Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
$1,836
Avg $psf, 12 months
2
Sales, 12 months
2006
Completed

What brings you to Pinnacle 16?

Buying here? Get a second opinion. 1-bedders here sold for $1.025M to $1.13M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Pinnacle 16 prices

Last 12 months
2
Sales
$1,836
Average $psf
$1,763 – $1,909
$psf range
$1.03M – $1.13M
Price range
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
1-Bedroom6 sales$1,780 psf$1.01M – $1.13M581–592 sq ft
2-Bedroom3 sales$1,523 psf$1.5M – $1.87M926–1,582 sq ft
3-Bedroom1 sale$1,842 psf$2.32M1,259 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
500–699 sq ft6 sales$1,780 psfAvg $1.04M$1.01M – $1.13M
900–1,099 sq ft2 sales$1,695 psfAvg $1.57M$1.5M – $1.64M
1,100–1,299 sq ft1 sale$1,842 psf$2.32M
1,300–1,599 sq ft1 sale$1,181 psf$1.87M
Average $psf by year
In 2025, sales here averaged $1,771 psf, 26% below the D12 average of $2,390 psf for private homes (condos, apartments and ECs).
This condoD12 average
Show as a table
YearThis condoD12 average
2026$1,836$1,868
2025$1,771$2,390
2024$1,718$1,802
2023$1,538$1,627
2022$1,494$1,615
2021$1,504$1,454
2020$1,434$1,413
2019$1,389$1,363
2018$1,486$1,505
2017$1,347$1,344
2016$1,186$1,342
2015$1,503$1,289
Sales by year
100 sales since 2007; the busiest year was 2010 with 14. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202622
202544
202433
202344
202222
20211111
202022
201922
201833
201755
201611
201511
201411
201322
201299
201133
20101414
20091313
200866
20071212
Sales in the last two years
7 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
22 Sep 2026#13-XX592 sq ft · 1-Bedroom$1.13M$1,909 psfResale
5 May 2026#10-XX581 sq ft · 1-Bedroom$1.03M$1,763 psfResale
23 May 2025#02-XX581 sq ft · 1-Bedroom$1.02M$1,748 psfResale
21 May 2025#18-XX581 sq ft · 1-Bedroom$1.02M$1,755 psfResale
25 Feb 2025#19-XX1,259 sq ft · 3-Bedroom$2.32M$1,842 psfResale
9 Jan 2025#13-XX581 sq ft · 1-Bedroom$1.01M$1,738 psfResale
12 Dec 2024#10-XX926 sq ft · 2-Bedroom$1.64M$1,769 psfResale
Compared with nearby condos
Compared with D12 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Pinnacle 16 rent

Leases starting Sep 2025–Aug 2026
25
Leases
$3,300
Median rent a month

D12 median rent: $3,700 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD12 median
1-Bedroom20 leases$3,300 median$3,200 – $3,400D12 $3,000
2-Bedroom4 leases$3,950 median$3,638 – $4,038D12 $3,800
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Pinnacle 16 floor plans by bedroom type

15 layouts, from a 581 sq ft 1-bedroom to a 1,787 sq ft 3-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Pinnacle 16

MRT stations
NS Novena 580 m · 7 min walk
NS Toa Payoh 1.6 km · 20 min walk
DTNS Newton 1.8 km · 22 min walk
TE Mount Pleasant 1.9 km · 23 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 750 m · 11 min walk
Within 2 km
CHIJ Primary (Toa Payoh)Popular 1.0 km · 16 min walk
Hong Wen SchoolPopular 1.3 km · 23 min walk
Anglo-Chinese School (Primary)Popular 1.4 km · 23 min walk
Kheng Cheng SchoolPopular 1.4 km · 24 min walk
Farrer Park Primary School 1.4 km · 25 min walk
Pei Chun Public SchoolPopular 1.7 km · 28 min walk
Anglo-Chinese School (Junior)Popular 1.8 km · 28 min walk
Marymount Convent School 1.9 km · 31 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Novena Rise Park 970 m · 12 min
Clinic Livewell Medical Family Clinic 600 m · 7 min
Supermarket FairPrice 600 m · 7 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 1.3 km · 15 min
Map of the area around Pinnacle 16, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Pinnacle 16

Upcoming supply
Dorset Road1.3 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh1.4 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023
Peck Hay Road1.9 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026
Kitchener Link1.9 km · about 140 units · 0.42 ha Available for application

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Pinnacle 16

Source: Stacked Homes editorial

08 — FAQ

Questions about Pinnacle 16

Is Pinnacle 16 freehold?

Yes. Pinnacle 16 is a freehold apartment.

When was Pinnacle 16 completed?

2006.

How many units does Pinnacle 16 have?

73 units, up to 20 storeys.

What sizes are the 1-bedroom units?

581 to 969 sq ft across seven layouts.

What is the price psf at Pinnacle 16?

2 sales in the last 12 months averaged $1,836 psf, ranging from $1,763 to $1,909 psf.

What did the latest sale go for?

A 592 sq ft unit sold for $1.13M ($1,909 psf) on 22 Sep 2026.

How much is the rent at Pinnacle 16?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,300 a month ($3,300 for a 1-bedroom and $3,950 for a 2-bedroom).

What is the nearest MRT station?

Novena (NS), a 7-minute walk (580 m). Toa Payoh (NS) is 1.6 km away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 750 m away.

Who developed Pinnacle 16?

Sb Development Pte Ltd.

Answers generated from the data on this page, Nov 2026