THE ANCHORAGE
UrbanLens Analysis
THE ANCHORAGE trades at $1,971 PSF, sitting 10% below the District 03 median of $2,186 PSF. At 8 minutes from Queenstown MRT (604m), transit access is passable but not a differentiator. ZYON GRAND fetches $3,046 PSF nearby -- that 35% gap frames THE ANCHORAGE's relative value proposition.
A 13.8% appreciation over two years is healthy without looking frothy. With 24 deals in two years, the pricing data has reasonable statistical weight. For context, AVENUE SOUTH RESIDENCE has lost 2.8% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Gross yield of 2.3% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
The 775-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| ZYON GRAND | $3,046 | — | 0.0% |
| PENRITH | $2,793 | — | 0.0% |
| PROMENADE PEAK | $2,931 | — | 0.0% |
| STIRLING RESIDENCES | $2,359 | 3.6% | +5.5% |
| AVENUE SOUTH RESIDENCE | $2,282 | 3.4% | -2.8% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.