We track 66 sales and 938 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE ANCHORAGE dashboard.
- Average sale price: $2,643,877 across 66 transactions
- Estimated gross rental yield: 2.3%
- District 3 PSF ranking: Mid-range (top 58%)
- Freehold tenure · RCR · D3 · 775 units
About THE ANCHORAGE
THE ANCHORAGE is a freehold condominium, located at ALEXANDRA ROAD in District 3 (Tiong Bahru, Queenstown) (Rest of Central Region), developed by ANCHOR DEVELOPMENTS PTE LTD (CENTREPOINT PROPERTIES LTD), comprising 775 residential units, completed in 1997.
As a freehold property, THE ANCHORAGE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE ANCHORAGE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,692 psf | $1,530,000 |
| 3 BR | 18 | $1,744 psf | $2,062,944 |
| 4 BR | 45 | $1,802 psf | $2,855,175 |
| 5+ BR | 2 | $1,820 psf | $3,675,000 |
Sales Market Overview
THE ANCHORAGE has recorded 66 sale transactions with an average transaction price of $2,643,877, ranging from $1,530,000 to $4,100,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 11 | $1,501 psf | $2,204,091 | — |
| 2022 | 13 | $1,685 psf | $2,348,453 | ↑ 12.3% |
| 2023 | 17 | $1,767 psf | $2,679,824 | ↑ 4.8% |
| 2024 | 7 | $1,889 psf | $2,897,857 | ↑ 6.9% |
| 2025 | 16 | $2,010 psf | $2,956,813 | ↑ 6.4% |
| 2026 | 2 | $1,994 psf | $3,285,000 | ↓ 0.8% |
THE ANCHORAGE ranks in the top 58% of condos in District 3 by average PSF.
Compared to the RCR average of $2,049 psf, THE ANCHORAGE trades 12.9% below the segment benchmark.
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Rental Market Overview
THE ANCHORAGE has recorded 938 rental transactions with monthly rents averaging $5,015/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 46 | $3,390/mo | $2,500/mo | $4,500/mo |
| 2 BR | 320 | $4,299/mo | $2,800/mo | $6,300/mo |
| 3 BR | 553 | $5,479/mo | $3,100/mo | $12,000/mo |
| 4 BR | 19 | $7,489/mo | $5,200/mo | $9,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 168 | $3,899/mo |
| 2022 | 195 | $4,550/mo |
| 2023 | 176 | $5,601/mo |
| 2024 | 173 | $5,293/mo |
| 2025 | 177 | $5,599/mo |
| 2026 | 49 | $5,494/mo |
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Investment Analysis
Based on average rents and sale prices, THE ANCHORAGE delivers an estimated gross rental yield of 2.3%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 3
Side-by-side comparison against the most actively traded condos in District 3 (Tiong Bahru, Queenstown):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | 1079 | $3,053 psf | 630 |
| AVENUE SOUTH RESIDENCE | 99 yrs lease commencing from 2018 | 1074 | $2,261 psf | 582 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | 1259 | $2,278 psf | 463 |
| PENRITH | 99 yrs lease commencing from 2024 | 462 | $2,796 psf | 451 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | 774 | $2,569 psf | 428 |
Location Map
Map shows THE ANCHORAGE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE ANCHORAGE
- Queenstown MRT
- Redhill MRT
- Crescent Girls'
- Alexandra Primary School
- Queenstown Primary School
Nearby MRT Stations
THE ANCHORAGE is 640m from Queenstown MRT (East-West Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Queenstown | EW19 | East-West Line | 640m |
| Redhill | EW18 | East-West Line | 1.4 km |
Nearby Schools
There are 16 schools within 2 km of THE ANCHORAGE, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Crescent Girls' School | Secondary | 200m |
| Alexandra Primary School | Primary | 270m |
| Queenstown Primary School | Primary | 790m |
| Queensway Secondary School | Secondary | 990m |
| Global Indian International School (GIIS Queenstown) | International | 990m |
| Tanglin Trust School | International | 1.1 km |
| River Valley High School | Secondary | 1.3 km |
| River Valley High School (JC) | Jc | 1.3 km |
| Bukit Merah Secondary School | Secondary | 1.6 km |
| Commonwealth Secondary School | Secondary | 1.7 km |
| Dulwich College (Singapore) | International | 1.7 km |
| River Valley Primary School | Primary | 1.7 km |
FAQ
What is the average price for THE ANCHORAGE?
What is the rental yield for THE ANCHORAGE?
Is THE ANCHORAGE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 66 transactions analysed
- Rental data: 938 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE ANCHORAGE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.