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 are 4 units for sale from S$1.15M to S$1.20M.
What are the key facts about Pinnacle 16?
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
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$2,870
515 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 515 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.
How many property agents are active around Pinnacle 16?
6,316 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
6,316
District 12 · closed ≥1 deal
Deals on record
24,253
all-time · all property types
Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Pinnacle 16?
Pinnacle 16 has 4 units listed for sale, spanning 1-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 4 | S$1.15M–S$1.20M | — |
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.
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
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.
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Pinnacle 16 cost?⌄
Units at Pinnacle 16 have recently transacted around S$1.02M (S$1,738 psf), from 161 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Pinnacle 16 a good investment?⌄
Gross rental yield is about 3.4%; median PSF has risen about 17% since 2013. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Pinnacle 16 going up?⌄
The median transacted PSF at Pinnacle 16 has risen about 17% between 2013 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Pinnacle 16 freehold or leasehold?⌄
Pinnacle 16 is freehold — ownership does not expire.
When was Pinnacle 16 built and who developed it?⌄
Pinnacle 16 obtained TOP in 2006, developed by SB (NOVENA) DEVELOPMENT PTE LTD, with 73 units across 1 block.
How many units are for sale at Pinnacle 16?⌄
There are 4 units for sale at Pinnacle 16, from S$1.15M to S$1.20M.
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.