Property
A Rare Freehold Mall Is Up for Sale At $295 Million: Why the Market Is Paying Attention
By Stacked Homes  •  January 30, 2026
Anchorpoint, a freehold mall at 368 & 370 Alexandra Road, is up for grabs at a guide price of $295 million. The retail property, which includes a standalone two-storey conservation building, has a total strata area of 110,373 sq ft across two retail floors – the ground floor and the basement. It has a total net lettable area (NLA) of 78,636 sq ft and 130 basement carpark lots. The price translates to about $3,751 psf on the existing NLA. CBRe is marketing the sale of Anchorpoint, which will be offered in an Expression of Interest exercise that closes on 10th March 2026. While Anchorpoint is not conventionally considered a large mall, it’s located at a crucial junction of Alexandra Road and Queensway, with 150 metres of street-level frontage. The property is also across the road from IKEA Alexandra. Anchorpoint is also connected to The Anchorage condominium. The mall has completed an asset enhancement initiative, which upgraded its mechanical and electrical systems and refreshed its interiors....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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