Pinnacle 16
Pinnacle 16 is a freehold apartment in District 12 (Novena) that obtained TOP in 2006, with 73 units across 1 block. Across 161 transactions on record, units have recently transacted around S$1.02M (S$1,738 psf, ~581 sqft). There is 1 unit for sale from S$1.15M to S$1.15M.
| Tenure | Freehold |
|---|---|
| TOP year | 2006 |
| Developer | SB (NOVENA) DEVELOPMENT PTE LTD |
| Units | 73 in 1 block |
| District and area | District 12 · Novena · RCR |
| Nearest MRT | Novena MRT, 522 m (~8 min walk) |
| Latest median psf | S$1,738 psf, last 12 URA caveats to May 2026 |
What's for sale and for rent at Pinnacle 16?
Pinnacle 16 has 1 unit listed for sale, asking S$1.15M to S$1.15M, and 1 unit for rent at a median of S$3,800 a month.
For sale
1 listing
S$1.15M – S$1.15M
For rent
1 listing
S$3,800 – S$3,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$1.15M–S$1.15M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Pinnacle 16?
Floor plans for Pinnacle 16 aren't in PropKaki's library yet. Across 161 URA caveats, units range from 581 sqft to 1,819 sqft, and the middle half are 581 sqft to 915 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 592 sqft | S$1.15M |
Check the Floor Plan Finder for Pinnacle 16 →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Pinnacle 16?
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$2,869
516 rentals on record
Gross rental yield
3.4%
indicative, gross
Source: URA caveat data, through May 2026.
What has recently sold at Pinnacle 16?
Pinnacle 16 has 161 recorded sales; the most recent transacted at S$1,025,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$1,025,000 | 581 | S$1,763 psf |
| May 2025 | S$1,016,000 | 581 | S$1,748 psf |
| May 2025 | S$1,020,000 | 581 | S$1,755 psf |
| Feb 2025 | S$2,320,000 | 1,259 | S$1,842 psf |
| Jan 2025 | S$1,010,000 | 581 | S$1,738 psf |
| Dec 2024 | S$1,638,000 | 926 | S$1,769 psf |
| Aug 2024 | S$1,500,000 | 926 | S$1,620 psf |
| Jul 2024 | S$1,045,000 | 592 | S$1,765 psf |
| Dec 2023 | S$1,868,000 | 1,582 | S$1,181 psf |
| Oct 2023 | S$985,000 | 581 | S$1,695 psf |
| Apr 2023 | S$950,000 | 592 | S$1,605 psf |
| Feb 2023 | S$970,000 | 581 | S$1,669 psf |
161 sales and 516 rentals on record since Nov 2003. Source: URA.
Are prices at Pinnacle 16 rising?
The median transacted PSF at Pinnacle 16 has risen 17% over the past 12 years (2013–2025), from S$1,491 psf to S$1,748 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,748 psf | S$1.02M | 4 | -1.0% |
| 2024 | S$1,765 psf | S$1.50M | 3 | +10.0% |
| 2023 | S$1,605 psf | S$970k | 4 | +17.7% |
| 2022 | S$1,364 psf | S$1.60M | 2 | -9.6% |
| 2021 | S$1,509 psf | S$885k | 11 | +8.6% |
| 2020 | S$1,390 psf | S$859k | 2 | +3.0% |
| 2019 | S$1,350 psf | S$830k | 2 | -10.7% |
| 2018 | S$1,512 psf | S$1.31M | 3 | +3.4% |
| 2017 | S$1,462 psf | S$1.34M | 5 | -1.9% |
| 2013 | S$1,491 psf | S$950k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Pinnacle 16 a good investment?
Of 90 units at Pinnacle 16 that were bought and later resold (bought from 2003, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 29% over a median 4.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
97%
of 90 resales here
Median gain
29%
gross, before costs
Median hold
4.9 years
bought to resold
Every unit at Pinnacle 16 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Pinnacle 16 and what's nearby?
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.
How far is Pinnacle 16 from MRT and schools?
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
- Novena MRT522 m · ~8 min
- Toa Payoh MRT918 m · ~14 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Pinnacle 16 and how big is the development?
Pinnacle 16 was developed by SB (NOVENA) DEVELOPMENT PTE LTD, with 73 units.
- Developer
- SB (NOVENA) DEVELOPMENT PTE LTD
- Blocks
- 1
- Land area
- 1,894 sqm (20,387 sqft)
- Gross floor area
- 5,303 sqm (57,081 sqft)
- Plot ratio
- 2.80
What facilities does Pinnacle 16 have?
Pinnacle 16 has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.
What does it cost to own a unit at Pinnacle 16?
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
How many property agents are active around Pinnacle 16?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Pinnacle 16 sits — in the last 12 months, across all property types.
Active agents · 12mo
6,318
District 12 · closed ≥1 deal
Deals on record
24,291
all-time · all property types
Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Pinnacle 16? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Pinnacle 16's own transactions.
PropKakiRecent units at Pinnacle 16 sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Pinnacle 16
Is Pinnacle 16 freehold?⌄
Yes. Pinnacle 16 is freehold, so ownership does not run out.
How old is Pinnacle 16?⌄
Pinnacle 16 was completed (obtained TOP) in 2006, so it is about 20 years old.
Is Pinnacle 16 a good investment?⌄
Of 90 units at Pinnacle 16 that were bought and later resold (bought from 2003, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 29% over a median 4.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Past resale results don't predict future returns, and this is not financial advice.
Is Pinnacle 16 an EC?⌄
No. Pinnacle 16 is a private apartment development, not an executive condominium (EC).
Who is the developer of Pinnacle 16?⌄
Pinnacle 16 was developed by SB (NOVENA) DEVELOPMENT PTE LTD.
What is the price of a condo at Pinnacle 16?⌄
Units at Pinnacle 16 have recently sold for around S$1.02M (S$1,738 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 1 unit is listed for sale from S$1.15M to S$1.15M.
Where is Pinnacle 16 located?⌄
Pinnacle 16 is at 16 Shan Road, Singapore 328107, in Novena (District 12). The nearest MRT station is Novena MRT, about 522 m away.
How many units are there in Pinnacle 16?⌄
Pinnacle 16 has 73 units in 1 block.
How much do I need to earn to buy at Pinnacle 16?⌄
For a unit around S$1.02M as a first home, you'd need roughly S$7,467/mo in income (assessed at the stress-test rate), with repayments near S$3,435/mo after a S$255k (25%) downpayment and S$25,400 Buyer's Stamp Duty.
Are prices at Pinnacle 16 going up?⌄
The median price per square foot at Pinnacle 16 has risen about 17% between 2013 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.