THE ANCHORAGE: Queenstown Condominium | Details & Reviews

Name: THE ANCHORAGE
Brand: THE ANCHORAGE
SKU: THE ANCHORAGE
Rating: 4.7 (9 reviews)

The Anchorage

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 1,781 psf

Range

S$ 1,515 - 1,992 psf

Rental Price **

Average

S$ 3.9 psf pm

Range

S$ 2.6 - 5.0 psf pm

Rental Yield **

2.6%

Rental income expressed as a percentage of the property's value.

Amenities

4.0

Convenience

3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

The Anchorage is a freehold condominium completed in 1997. The development occupies a land area of 55,963 sqm and a Gross Floor Area of 158,238 sqm. It consists of 775 units. According to records, buyers of this development are Singaporean 66.0%, PR 13.8%, Foreigner 16.2%, Company 1.6%.

THE ANCHORAGE is located along Alexandra Road in Queenstown, in District 3. It is accessible through the nearest MRTs including Queenstown EW19 and Redhill EW18.

Based on transaction data in the last 12 months, sale prices range from S$ 1,515 psf to S$ 1,992 psf at an average of S$ 1,781 psf. Its highest recorded transaction was S$ 1,992 psf in Nov 2023 for a 1,798-sqft unit. Its lowest recorded transaction was S$ 383 psf in Sep 2005 for a 1,830-sqft unit. Its current rental yield is at 2.6%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, FISHOP PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): ANCHORPOINT SHOPPING CENTRE, IKEA ALEXANDRA, Alexandra Central (U/C - TOP : 30 June 2016).

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.

What they say

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"Too many Indian nationals "

p*****y@gmail.com

Owner | 08 Apr 2022

"next to shopping mall, Ikea and 3 popular hawker centres. amazing! "

o**********g@yahoo.com

Viewer | 20 Jan 2021

4.8

"I have been living at the estate since its TOP in 1997. The estate is very well managed by a committee that has been very prudent in its expenditure over the years. As a result, SPs are able to join 1-2 month concessions from their maintenance fees periodically over the years. The estate is huge, lush, spacious and well maintained. The property is free hold and comes in many combinations from studio apartment to penthouse. Car park lots are in abundance. Security is tight and the clubhouse is well patronized. Facilities include a 30m swimming pool, a spa pool and a wading pool for the little ones, two tennis courts, multi-storey car park, two function rooms, barbecue plaza,/ pits, a childrens playground, squash court and a mini billiard cum game room. The location is very central and has high connectivity to PIE, ECP and CTE. Residences have easy access to two nearby hawker food centres and a family-centric shopping mall outside its estate. The units may not look very modern when compared to newer launches but they are definitely more liveable. "

s*******k@yahoo.com.sg

Owner | 08 Jan 2018

4.8

"Freehold condo with the shopping center at Anchorpoint and near MRT (8mins walk) is a rare project!"

w******o@gmail.com

Owner | 25 Oct 2016

"Big development with 756 units of 2,3,4 bedroom. Good amenities and facilities around."

J***** L**

Google Review | 15 Jul 2022

"On the outside it looks like a peaceful resort with tranquility and freedom. But in the inside is a GP tuition center wrecking my brain cells on current affairs. But the tough training makes me a bit smarter. Interesting resort with tuition services."

O********* M*****

Google Review | 17 Jun 2022