PropKaki
FreeholdRCRDistrict 12 (Novena)

Pinnacle 16

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Pinnacle 16 is a freehold apartment in District 12 (Novena) that obtained TOP in 2006, with 73 units across 1 block. Units have recently transacted around S$1.02M (S$1,738 psf), from 161 sales on record. There are 3 units for sale from S$1.25M to S$1.25M.

1

What are the key facts about Pinnacle 16?

Key Takeaway

Pinnacle 16 is a freehold apartment in District 12 (Novena) that obtained TOP in 2006, with 73 units across 1 block.

Tenure
Freehold
TOP / Completion
2006
Developer
SB (NOVENA) DEVELOPMENT PTE LTD
Total units
73
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,738 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at Pinnacle 16?

Key Takeaway

Units have recently transacted around S$1.02M (S$1,738 psf), at a gross rental yield of about 3.4% (URA caveat data).

Recent median price

S$1.02M

recent · 161 sales on record

Median PSF

S$1,738 psf

recent transactions

Median rent (monthly)

S$2,872

508 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$2,111 psf — about 21% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at Pinnacle 16?

Key Takeaway

Pinnacle 16 has 161 recorded sales; the most recent transacted at S$1,025,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,025,000581S$1,763 psf
May 2025S$1,016,000581S$1,748 psf
May 2025S$1,020,000581S$1,755 psf
Feb 2025S$2,320,0001,259S$1,842 psf
Jan 2025S$1,010,000581S$1,738 psf
Dec 2024S$1,638,000926S$1,769 psf
Aug 2024S$1,500,000926S$1,620 psf
Jul 2024S$1,045,000592S$1,765 psf
Dec 2023S$1,868,0001,582S$1,181 psf
Oct 2023S$985,000581S$1,695 psf
Apr 2023S$950,000592S$1,605 psf
Feb 2023S$970,000581S$1,669 psf

161 sales and 508 rentals on record since Nov 2003. Source: URA.

4

What bedroom types are available at Pinnacle 16?

Key Takeaway

Pinnacle 16 has 3 units listed for sale, spanning 1-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$1.25M–S$1.25MS$2,111 psf
5

Where is Pinnacle 16 and what's nearby?

Key Takeaway

Pinnacle 16 is located in Novena, in the Central Region of Singapore.

Pinnacle 16 is a freehold apartment completed in 2006. It was developed by SB (NOVENA) DEVELOPMENT PTE LTD. The development has 73 residential units. It sits on a land area of 1,894 sqm and has a gross floor area of 5,303 sqm. The plot ratio is 2.8.

PINNACLE 16 is located at 16 Shan Road, Singapore 328107. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT, approximately 522m away, around 8 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Novena Rise Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, 24 hours security, and Swimming pool.

6

How far is Pinnacle 16 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Pinnacle 16 is Novena MRT, about 522 m away (~8 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority753 m
  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km947 m
  • Chij Primary (Toa Payoh)Primary school1.0 km
  • Northlight SchoolSecondary school1.2 km
  • Catholic Junior CollegeJunior college1.2 km
  • Anglo-Chinese School (Barker Road)Secondary school1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • Anglo-Chinese School (Primary)Primary school1.4 km

Shops, food & parks

Mall: Square 2 · 478 mSupermarket: NTUC Fairprice Co-operative Ltd · 286 mHawker centre: Blks 91/92 Whampoa Drive # · 879 mPark: Novena Rise Pk · 375 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Pinnacle 16 have?

Key Takeaway

Pinnacle 16 has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.

Barbeque AreaBasement car parkGymnasium roomJacuzzi24 hours securitySwimming pool
8

What does it cost to own a unit at Pinnacle 16?

Key Takeaway

Buying a unit at Pinnacle 16 (~S$1.02M) needs about S$7,467/mo in income and S$3,435/mo in repayments, after S$25,400 stamp duty and a S$255k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.02M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$25,400

BSD, tiered

Downpayment (25%)

S$255k

cash + CPF

Monthly instalment

S$3,435/mo

30y @ 3.5%

Income required

S$7,467/mo

TDSR @ stress rate

9

Frequently asked questions about Pinnacle 16

What is the price at Pinnacle 16?

Units at Pinnacle 16 have recently transacted around S$1.02M (S$1,738 psf), from 161 sales on record (URA caveat data).

What is the PSF at Pinnacle 16?

Units for sale at Pinnacle 16 are asking a median of about S$2,111 psf.

Is Pinnacle 16 freehold or leasehold?

Pinnacle 16 is freehold.

When was Pinnacle 16 built?

Pinnacle 16 obtained TOP in 2006, developed by SB (NOVENA) DEVELOPMENT PTE LTD.

How many units are for sale at Pinnacle 16?

There are 3 units for sale at Pinnacle 16, from S$1.25M to S$1.25M.

What is the rental yield at Pinnacle 16?

Gross rental yield at Pinnacle 16 is about 3.4%, based on median current rents and prices.

How many units are in Pinnacle 16?

Pinnacle 16 has 73 units across 1 block.

What facilities does Pinnacle 16 have?

Pinnacle 16 has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, 24 hours security, Swimming pool.

What is the nearest MRT to Pinnacle 16?

The nearest MRT/LRT station to Pinnacle 16 is Novena MRT, about 522 m away (~8 min walk).

Which primary schools are within 1 km of Pinnacle 16?

St. Joseph's Institution Junior is within 1 km of Pinnacle 16 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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