CommercialRESIDENTIALFreeholdDistrict 3 · Queenstown

Anchorpoint Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2020

Quick Summary

Anchorpoint Shopping Centre is a commercial building in District 3 · Queenstown, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 1 transaction is on record since 1995, most recently in Dec 2020. 7 units are currently listed for sale or rent. ACRA records 16 live company registrations at this address.

The facts are here — now get the verdict on Anchorpoint Shopping Centre.

Ask PropKaki

What are the key facts about Anchorpoint Shopping Centre?

Key takeawayAnchorpoint Shopping Centre is a commercial building in District 3 · Queenstown, zoned RESIDENTIAL, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.8
Tenure: Freehold
District / Area: District 3 · Queenstown
Address: 370 Alexandra Road
Land area: —
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: 1 (records start 1995)
Live listings: 7
ACRA registrations: 16

Who owns Anchorpoint Shopping Centre, and what is it valued at?

Key takeawayNo REIT or listed company holds Anchorpoint Shopping Centre today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 23 Dec 2020
HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of FCT sold Anchorpoint Shopping Centre for S$110 million (sale consideration) to the Purchasers.
At the time: NLA 71,213 sq ft
Announcement on SGX

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About Anchorpoint Shopping Centre

Anchorpoint Shopping Centre is a mixed-use building in Queenstown (District 03). It is located along Alexandra Road, Singapore 159953.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

The site is freehold.

1 transaction has been recorded here, at a median of S$906 psf. The most recent was in December 2020.

24 businesses are currently registered at this address with ACRA.

The nearest MRT is Queenstown MRT, 622 m away (about a 10-minute walk). The closest bus stop (Anchorpoint) is 50 m away (about a 1-minute walk).

What is Anchorpoint Shopping Centre zoned as?

Key takeawayAnchorpoint Shopping Centre sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.

Land-use zone: RESIDENTIAL
Gross plot ratio: 2.8

Run the full zoning report for this building →

What has Anchorpoint Shopping Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2020 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2020	Retail	S$100.00M	110,406 sqft	$906

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Anchorpoint Shopping Centre rent for?

Key takeawayNo rent is published for Anchorpoint Shopping Centre itself. On its street, Alexandra Road, retail space rented at a median of $10.89 psf a month in 2026Q3, with the middle half of leases between $8.55 and $12.39. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Alexandra Road

Street level · 2026Q3

25th pct

$8.55

$92.05 psm

Median

$10.89

$117.19 psm

75th pct

$12.39

$133.36 psm

S$ per sq ft per month · median -9.2% on a year earlier

2023Q4 · $106.56 psm2026Q3 · $117.19 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Alexandra Road

Street level · 2026Q3

25th pct

$7.05

$75.89 psm

Median

$7.55

$81.27 psm

75th pct

$7.79

$83.89 psm

S$ per sq ft per month · median +3.4% on a year earlier

2023Q4 · $79.48 psm2026Q3 · $81.27 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 3 retail

Region band · 2026Q3

25th pct

$7.49

$80.65 psm

Median

$10.49

$112.95 psm

75th pct

$14.10

$151.72 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 3 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Anchorpoint Shopping Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Anchorpoint Shopping Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent; 3 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Anchorpoint Shopping Centre?

Key takeawayURA has approved 40 changes of use at Anchorpoint Shopping Centre since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

9 Sept 2026ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant at anchorpoint shopping centre
28 Aug 2026ApprovedFloor B1
Change of use to temporary library
Proposed change of use of unit #B1-XX to temporary library at anchorpoint shopping centre
25 Jun 2026ApprovedFloor B1
Change of use to commercial school
Proposed change of use of unit #B1-XX to commercial school at anchorpoint shopping centre
28 May 2026ApprovedFloor B1
Change of use to takeaway foodshop
Proposed change of use of unit #B1-XX to takeaway foodshop at anchorpoint shopping centre
4 Feb 2026ApprovedFloor 1
Change of use to wellness centre with ancillary cafe
Proposed change of use of unit #01-XX to wellness centre with ancillary cafe at anchorpoint shopping centre
30 Dec 2025ApprovedFloor B1
Change of use to amusement centre
Proposed change of use of unit #B1-XX to amusement centre at anchorpoint shopping centre
7 Nov 2025ApprovedFloor 1
Change of use to massage establishment
Proposed change of use of units #01-XX & #01-XX to massage establishment at anchorpoint shopping centre
12 Dec 2024ApprovedFloor B1
Change of use to gym/fitness centre
Proposed change of use of shop units #B1-XX & #B1-XX to gym/fitness centre at anchorpoint shopping centre
4 Dec 2024ApprovedFloor B1
Change of use to gym/fitness centre
Proposed change of use of shop unit #B1-XX to gym/fitness centre at anchorpoint shopping centre
30 Oct 2023ApprovedFloor B1
Change of use to shop
Proposed change of use of part corridor to shop (unit #B1-XX) at anchorpoint shopping centre
3 Aug 2023ApprovedFloor 1
Change of use to restaurant
Proposed change of use of units #01-XX & #01-XX to restaurant at anchorpoint shopping centre
20 Jul 2023ApprovedFloor B1
Change of use to shop
Proposed change of use of part corridor to shop (as an expansion to shop units #B1-XX & #B1-XX) at anchorpoint shopping centre

33 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Alexandra Road price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Anchorpoint Shopping Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 3 retail

Gross yield (area)

3.8%

3.4% net of property tax

Rent side (median of bands)

$112.95 psm/mo

2026Q3

Price side (strata, 5y)

$3,294 psf

38 sales

An INDICATIVE AREA yield for District 3 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 3 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$78.10	$94.74	$116.67
Level 1 · 30 & Below	$73.20	$92.12	$107.33
Level 1 · >30 - 100	$83.20	$164.15	$200.48
Level 2 & 3 · >30 - 100	$58.43	$67.44	$75.00
Level 1 · >100 - 300	$226.54	$240.67	$264.22
Level 2 & 3 · >100 - 300	$83.56	$131.15	$186.77

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is available at Anchorpoint Shopping Centre right now?

Key takeaway7 units are currently listed at Anchorpoint Shopping Centre — 3 for sale and 4 for rent. One row per unit; several agents often market the same unit.

For sale (3)

Freehold Development at Alexandra Road2 agentsS$68.00M · 36,883 sqft
Alexandra Central Mall High Visibility Street Level Main Road Facing F&B Approved Unit!S$4.00M · 957 sqft
Freehold Building for sale in D03 along Alexandra RoadS$70.00M · 54,748 sqft

For rent (4)

The AnchorageS$4k/mo · 160 sqft
UE Bizhub WestS$6k/mo · 1,035 sqft
Short Term Office space at AlexandraS$11k/mo · 2,300 sqft
Labrador Park AI Coworking HubS$3k/mo · 120 sqft

Browse every listing at this building →

What is near Anchorpoint Shopping Centre?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 622 m away — and 3 competing retail premisess operate nearby.

Getting around

Queenstown MRT622 m · ~10 min

Amenities nearby

Meden Clinic & Surgery · 34 mAnchorpoint · 50 mHotel · 110 mPlace Of Worship · 237 mEducational Institution · 438 mQueenstown MRT Exit A · 590 mAlexandra Hospital · 694 mBusiness Park · 1.2 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Anchorpoint · 57 mL M Meat Pte. Ltd · 57 mAlexandra Village Food Centre · 315 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Anchorpoint Shopping Centre

Key takeawayThe nearest station is Queenstown (EW19), 590 m away — a moderately busy station, with about 36,000 taps in and out on an average weekday. 15 public car parks are within 500 m.

Foot traffic: busier than 32% of retail buildings

nearest MRT/LRT Queenstown (EW19) 590 m, about 36,000 taps a weekday; bus stops within 400 m: 12, about 23,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 42,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Queenstown (EW19)590 m · about 36,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Anchorpoint Shopping Centre. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 168A Queensway (HDB)161 m
S$0.60 per half-hour at midday on a weekday
Blk 171A Stirling Road (HDB)202 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 199 car lots
Blk 168-171 Stirling Road (HDB)240 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 4 car lots
Blks 8/10 Jalan Rumah Tinggi (HDB)262 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 38 car lots
Blk 169A Stirling Road (HDB)275 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 148 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Pasir Panjang Road Are A, 1.7 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Anchorpoint Shopping Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Anchorpoint Shopping Centre?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list Anchorpoint Shopping Centre as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
5
Accommodation and food services
2
Professional, scientific and technical services
2
Information and communications
1
Administrative and support services
1
Education
1
Arts, entertainment and recreation
1
Other services
1
Construction
1
Health and social services
1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Anchorpoint Shopping Centre

Where is Anchorpoint Shopping Centre?⌄

Anchorpoint Shopping Centre is at 370 Alexandra Road, Singapore 159953, in the Queenstown planning area.

What is Anchorpoint Shopping Centre zoned as?⌄

Anchorpoint Shopping Centre sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Anchorpoint Shopping Centre?⌄

Anchorpoint Shopping Centre is freehold.

What have units at Anchorpoint Shopping Centre sold for?⌄

Across 1 recorded transaction, the median price is S$906 psf. The latest was in December 2020.

What is the nearest MRT station to Anchorpoint Shopping Centre?⌄

Queenstown MRT is the closest, 622 m away (about a 10-minute walk).

How many businesses are registered at Anchorpoint Shopping Centre?⌄

24 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

The facts are here — now get the verdict on Anchorpoint Shopping Centre.

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This development is also registered as the residential project The Anchorage.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.