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Singapore’s Anchorpoint mall is for sale for S$295 million, with interest rising due to stable returns and urban renewal.
Anchorpoint mall in Singapore’s Queenstown area is for sale with a guide price of S$295 million, or about S$3,751 per square foot, according to CBRE.
The freehold property spans 78,636 sq ft of net lettable area, includes nearly 60 tenants, a conservation building, and a basement car park.
Located opposite Ikea and connected to The Anchorage condominium, it recently underwent upgrades.
The sale is part of growing investor interest in suburban retail assets due to stable cash flow and high yields.
Government-led rejuvenation efforts, including hospital expansion and new residential developments, are expected to boost foot traffic.
The expression of interest deadline is March 10, 2026.
El centro comercial Anchorpoint de Singapur está a la venta por S$295 millones, con un interés en aumento debido a los retornos estables y la renovación urbana.