The Anchorage

The Anchorage at 370 Alexandra Road is a highly regarded freehold condominium located in District 3, situated in the mature and ultra-convenient Queenstown/Alexandra enclave. It is an RCR (Rest of Central Region) development. Built on the site of the former Archipelago Brewery, it is famous for its seamless integration with Anchorpoint Shopping Centre. It stands out as a rare, large-scale freehold development in an area dominated by 99-year leasehold HDBs and newer, more compact condos like Stirling Residences or Queens.

Key project facts

• Type & tenure: Private residential condominium on a highly coveted freehold tenure.

• Completion & scale: Completed around 1997 with 775 residential units spread across multiple blocks ranging from low-rise (4 storeys) to high-rise (19 storeys). It sits on a massive land footprint.

• Developer: Developed by Anchor Developments Pte Ltd (a subsidiary of Frasers Centrepoint / Frasers Property), marking their flagship foray into residential development.

Location and connectivity

• Address & setting: Located at 370A–370J Alexandra Road. The sheer convenience of this location cannot be overstated, as it sits right in the middle of the Alexandra commercial node.

• MRT access: Very convenient. Residents can use a designated back gate to take a 5- to 8-minute walk to Queenstown MRT (East-West Line), providing direct access to the CBD (Raffles Place/Tanjong Pagar) in under 15 minutes.

• Road links: Immediate access to Alexandra Road and Queensway, linking very quickly to the Ayer Rajah Expressway (AYE) and the Central Expressway (CTE).

Layouts and design

• Unit mix: Offers 1-bedroom to 4-bedroom units. The defining characteristic here is sheer internal space. Because it was built in the late 90s, the units feature squarish, efficient layouts with no bay windows or overly large balconies. A 3-bedroom unit here often exceeds 1,400 sq ft, which is the size of a modern 4- or 5-bedroom home.

• Design approach: The architecture has a classic, timeless feel with resort-style grounds. The blocks are generously spaced apart, allowing for large central facilities and a surprisingly quiet internal environment despite being next to a major arterial road.

• Positioning: Targets space-hungry families, multi-generational households, and long-term owner-occupiers who refuse to compromise on internal living space and want the permanence of a freehold title.

Facilities and lifestyle

• Facilities: Features classic, full-suite condo amenities including a massive swimming pool, wading pool, two tennis courts, a squash court, a clubhouse, and beautifully landscaped garden forecourts.

• Living environment: Peaceful and highly family-centric. The estate is known for being extremely well-managed with a proactive MCST, keeping the 1997 development looking pristine and functioning beautifully.

• Nearby amenities: Unbeatable. You have Anchorpoint Shopping Centre (with Cold Storage and plenty of eateries) literally at your doorstep. Right across the road is IKEA Alexandra and Alexandra Central Mall, and a short walk away is the famous Queensway Shopping Centre and ABC Brickworks Food Centre.

Market and buyer appeal

• Resale positioning: As an older freehold condo with massive floor plates, the overall price quantum is high, but the Price Per Square Foot (PSF) offers tremendous value compared to the $2,200+ PSF of newer leasehold launches in the same district.

• Rental demand: Extremely strong. It is highly favored by expatriate families who need large living areas and want to be close to international schools and the One-North/Mapletree Business City tech hubs.

• Key appeal: The “Holy Trinity” of real estate: Freehold, huge layouts, and doorstep amenities. It is a legacy asset that offers a level of convenience and space that simply cannot be replicated by modern developments today.