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Anson House Review

Anson House Review
Commercial Property Review — District 02, Tanjong Pagar

Anson House

A 13-storey Tanjong Pagar office block with post-2021 upgrades, two MRT lines at its doorstep, and roughly 70 years left on the clock.

SGCPI Research Desk Updated August 2026 72 Anson Road, Singapore 079911 99-YR LEASEHOLD FROM 1997

Street-level view of Anson House, 72 Anson Road, Singapore 079911. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameAnson House
Address72 Anson Road, Singapore 079911
DistrictDistrict 02 (Downtown Core / Tanjong Pagar)
Tenure99-year leasehold from 1997 (≈70 years remaining)
Zoning / UseCommercial — office with ground-floor retail/F&B
Built Form13-storey tower; ground-level retail/F&B, office floors above
Land Area / GFA≈1,583 sqm land / ≈8,960 sqm GFA
Completion Year≈1999 (asset enhancement completed 2021)
Nearest MRTTanjong Pagar (EW15), Maxwell (TE18)
Key Road AccessAyer Rajah Expressway (AYE), East Coast Parkway (ECP)
Transacted PSF Range≈S$1,800–S$2,600 psf (strata sale, thin volume)
Sale Price Range≈S$2.3m–S$7.5m per unit (size-dependent, estimate)
Asking Rent RangeS$9.30–S$9.50 psf/month
Occupier BaseProfessional services, corporate/financial advisory, F&B on ground floor

Location & Connectivity

Anson House sits on Anson Road in the heart of Tanjong Pagar, a sub-precinct of the Downtown Core that has long served as an extension of the Raffles Place and Shenton Way financial belt. The immediate streetscape is a dense mix of Grade A and Grade B office towers, hotels and heritage shophouse clusters, giving the address a working CBD identity rather than a fringe one, even though pricing here typically undercuts Raffles Place core rents.

The building’s standout attribute is dual-MRT access: Tanjong Pagar station (East-West Line, EW15) and Maxwell station (Thomson-East Coast Line, TE18) are both within easy walking distance, giving occupiers a fast interchange-free run to Raffles Place, City Hall, Orchard and beyond. Road users benefit from quick links onto the Ayer Rajah Expressway and East Coast Parkway, which connect the site to Changi Airport, the western industrial belt and the southern waterfront corridor.

Within a five-minute radius, tenants and visitors can reach Icon Village, 100 AM and Tanjong Pagar Plaza for retail and F&B, plus the well-known Maxwell Food Centre for hawker fare. Supermarket coverage includes FairPrice Finest and Don Don Donki, both useful for lunchtime and after-work errands, while a cluster of boutique hotels services visiting clients and business travellers.

Location of Anson House, 72 Anson Road. Map data: Google Maps, accessed August 2026.

Building & Facilities

Anson House is a 13-storey commercial building with street-level retail and F&B units and office floors occupying the levels above. Floor plates are described by the building’s own marketing as column-free, which is a meaningful point of difference against older Tanjong Pagar stock that tends to carry structural columns through the usable floor area, and it gives smaller tenants more flexibility when fitting out a single unit.

An asset enhancement initiative was completed in 2021, refreshing common areas and tenant-facing facilities. Specified amenities include private showers, complimentary lockers and bicycle parking for active-commute tenants, along with EV charging points and season car parking priced at roughly S$250 per lot per month. Office floors carry a 3.4-metre floor-to-ceiling height and 150mm raised flooring, both of which support cabling flexibility and a more premium fit-out finish than the building’s age might suggest.

As with any strata-titled commercial building, prospective buyers and tenants should independently verify current fire safety certification, lift maintenance records, cyclical repair and redecoration schedules, and any outstanding MCST resolutions before committing, since marketing collateral is not a substitute for due diligence documents obtained directly from the MCST or managing agent.

Unit Types & Floor Plan Notes

Unit sizes at Anson House range broadly from around 1,238 sqft to 3,337 sqft, giving both small professional practices and larger back-office teams a plausible fit. The four indicative configurations below reflect the spread most commonly seen in current listings and past transactions.

Compact Suite

≈1,238–1,679 sqft

Entry-level footprint suited to boutique advisory, legal or accounting practices wanting a self-contained CBD-fringe address without a large headcount.

Mid-Size Floor

≈1,900–2,583 sqft

The most commonly marketed band, workable as either a single open-plan office or split into a reception, meeting rooms and a working floor.

Large Contiguous Plate

≈2,900–3,337 sqft

Suited to teams needing department-level separation, larger meeting suites, or a combined front-of-house and operations layout on one level.

Ground-Floor Retail / F&B

≈600–1,200 sqft (estimate)

Street-facing units at podium level, positioned to capture footfall from office tenants above and the surrounding Tanjong Pagar lunch crowd.

Floor-to-ceiling height: 3.4 metres
Raised flooring: 150mm
Floor plate layout: Column-free
Parking: Season parking ≈S$250/month/lot; EV charging available
Tenant amenities: Private showers, complimentary lockers, bicycle parking

Investment Case

Anson House trades on the strength of its location rather than novelty of design. Its case rests on connectivity, a workable floor plate and a recent facilities refresh, weighed against the realities of a decaying leasehold and a strata market where transaction data is genuinely thin.

What Works

  • Dual-MRT access via Tanjong Pagar (EW) and Maxwell (TE) stations, both within a short walk
  • 2021 asset enhancement works keep common areas and amenities competitive against older neighbours
  • Column-free, 3.4m-high floor plates with 150mm raised flooring support flexible fit-outs
  • Ground-floor F&B and retail draw footfall and add amenity value for office tenants
  • Established Anson Road address with a long operating history and identifiable occupier base

What to Weigh Carefully

  • ≈70 years remaining on a 99-year lease from 1997 — financing terms shorten as the lease decays
  • Base building dates to the late 1990s; upgrades are cosmetic and facilities-led, not structural
  • Compact land plot limits en-bloc or redevelopment upside relative to larger assembled sites nearby
  • Sale transaction volume is low, so price discovery relies heavily on broker asking prices
  • Strata ownership spread across many small owners can slow MCST consensus on major upgrades

Who This Suits

Anson House is best suited to owner-occupiers and investors comfortable with a small-to-mid-size CBD-fringe office footprint rather than a trophy Grade A tower. Boutique professional services firms — legal, accounting, corporate advisory and financial consultancies — are natural fits given the compact unit sizes and the credibility of an Anson Road address. F&B and retail operators may find the ground-floor units attractive for their captive lunchtime audience. For investors, the appeal is steady office rental demand from a well-connected micro-location, tempered by the need to factor lease decay into any long-term holding or exit plan.

Frequently Asked Questions

What is Anson House zoned for, and what business types are permitted?
Anson House sits on land zoned Commercial under the Master Plan, which is why the building combines office floors with ground-level retail and F&B. Permitted uses generally include office, professional and business services, financial and corporate advisory work, and retail or food and beverage operations at podium level. Light industrial, manufacturing, warehousing or residential use would not be permitted under this zoning. Prospective buyers or tenants with a specific or unusual use case — for example, a clinic, showroom, or education centre — should verify permissibility directly with URA and with the building’s MCST before signing any agreement, since fit-out and change-of-use approvals sit outside general commercial zoning rights.
Can foreigners buy a strata unit at Anson House?
Yes. Singapore’s Residential Property Act, which restricts foreign ownership, applies to residential landed and certain other residential property types — it does not cover commercial property such as office or retail strata units. Foreign individuals and foreign-registered companies can generally purchase units at Anson House without prior government approval, subject to standard conveyancing, stamp duty and, where applicable, financing checks. Buyers structuring the purchase through a Singapore-incorporated entity, a foreign entity, or a trust should still take independent legal advice, since ownership structure affects tax treatment, financing eligibility and future resale mechanics even where no approval is required.
Does Additional Buyer’s Stamp Duty (ABSD) apply to a purchase at Anson House?
No. ABSD in Singapore is levied only on residential property purchases and does not apply to commercial assets such as office or retail strata units at Anson House, regardless of whether the buyer is a Singapore citizen, permanent resident, foreigner, or company. This is one of the structural reasons commercial property appeals to buyers who already own multiple residential properties and want to avoid ABSD’s higher marginal rates. Buyers will still pay the standard Buyer’s Stamp Duty on the purchase price or market value, whichever is higher, and should confirm current rates with IRAS or their conveyancing lawyer before completing a transaction.
Is Seller’s Stamp Duty (SSD) payable if I resell my unit quickly?
Seller’s Stamp Duty for industrial and commercial property was removed with effect from March 2017, so sellers of a strata unit at Anson House today do not incur SSD regardless of how soon after purchase they resell. This differs from residential property, where SSD can still apply within a defined holding period. The removal gives commercial owners more flexibility to trade units in response to market conditions or tenant changes without an early-exit penalty. Buyers should still budget for legal fees, agent commissions and any prepayment penalties on financing, and should confirm the current stamp duty regime with IRAS before relying on this position.
How much Buyer’s Stamp Duty (BSD) applies to a purchase at Anson House?
Buyer’s Stamp Duty applies to all property purchases in Singapore, including commercial units at Anson House, and is charged on a tiered percentage of the purchase price or market value, whichever is higher. Non-residential BSD generally rises in steps as the transaction value increases, so a larger unit or a higher-priced floor attracts a higher effective rate on the portion above each threshold. Because BSD tiers and thresholds are periodically revised by the Ministry of Finance, buyers should obtain a current computation from their conveyancing lawyer or check the latest IRAS schedule before finalising a budget, rather than relying on prior-year figures.
Is GST payable when buying or leasing space at Anson House?
Goods and Services Tax can apply to commercial property transactions where the seller or landlord is GST-registered, since the sale or lease of commercial property is generally treated as a standard-rated supply, unlike residential property which is typically exempt. A GST-registered buyer using the unit for a taxable business purpose can usually claim the GST as input tax, effectively neutralising the cost, while a non-GST-registered buyer bears it as a real cost. Rental payments may similarly attract GST on top of the quoted rent. Buyers and tenants should ask the seller or landlord directly about their GST registration status and factor this into total cost comparisons.
How does financing work with roughly 70 years left on the lease?
Singapore banks generally cap commercial mortgage tenure so that the loan period plus the buyer’s age, or the remaining lease term, stays within lender risk thresholds — commonly requiring the loan to be repaid well before the lease runs out. With around 70 years remaining on Anson House’s 1997-dated 99-year lease, financing today should not be materially constrained, but the loan-to-value ratio and maximum tenure a bank offers will tighten as the lease continues to run down over the coming decades. Buyers planning a long hold, or eventual resale to another financed buyer, should discuss lease-decay scenarios with their banker or mortgage broker before committing.
What rental yield can an investor realistically expect?
Based on current asking rents of roughly S$9.30 to S$9.50 per square foot per month against typical strata sale pricing in this part of Tanjong Pagar, gross rental yields for a well-let unit at Anson House would sit in a broad ≈3% to 4% range, before accounting for MCST fees, property tax, vacancy periods and agent commissions. This is broadly in line with strata commercial yields elsewhere in the CBD fringe rather than an outlier in either direction. Actual achieved yield depends heavily on tenant quality, lease length, fit-out condition and how competitively the unit is marketed, so investors should stress-test the numbers against realistic vacancy assumptions rather than headline asking rent alone.
How old is the building, and has it been upgraded?
Anson House sits on a 99-year leasehold plot alienated in 1997, with the base building estimated to have been completed around 1999, making the structure roughly a quarter-century old. The building underwent asset enhancement works completed in 2021, which refreshed common areas and tenant amenities including showers, lockers, bicycle parking and EV charging points. These works improve the day-to-day tenant experience and help the building compete for leasing demand, but they are facility-level upgrades rather than a full structural overhaul, so buyers should still budget for ongoing mechanical, electrical and lift maintenance typical of a building of this age.
What are the odds of an en-bloc sale or redevelopment?
En-bloc potential at Anson House looks limited in the near term. The site occupies a relatively compact ≈1,583 sqm land parcel, which constrains the scale of any redevelopment gain relative to larger assembled CBD sites that typically anchor successful collective sale attempts. Strata ownership is also spread across a meaningful number of individual owners, which raises the bar for the consent thresholds required under the Land Titles (Strata) Act. None of this rules out a future attempt, particularly as the lease continues to run down and redevelopment economics shift, but buyers should treat en-bloc upside as a low-probability, long-dated possibility rather than a core part of the investment thesis.
What parking and loading facilities are available?
Anson House offers on-site car parking with season parking available to tenants at approximately S$250 per lot per month, along with EV charging points for electric vehicle owners. As with most strata commercial buildings on a compact CBD-fringe plot, the number of lots is limited relative to the building’s total floor area, so tenants with heavy visitor traffic should plan for nearby public parking as a supplement. Loading and unloading for F&B and retail tenants is typically managed through a designated bay or loading window rather than dedicated dock infrastructure; operators should confirm current loading arrangements and any time restrictions directly with the building management office.
What are typical maintenance or MCST fees at Anson House?
As a strata-titled commercial building, Anson House is run by a Management Corporation Strata Title (MCST) that collects monthly maintenance fees from all unit owners to fund common area upkeep, lift servicing, security, cleaning, fire safety compliance and a sinking fund for larger capital works such as the 2021 asset enhancement. Fees are typically apportioned by share value, so larger units pay a proportionally larger contribution. Exact current rates vary by unit size and are best confirmed directly with the MCST or managing agent, along with a review of recent AGM minutes to understand any planned special levies or upcoming capital expenditure.
How liquid is the resale market for units at Anson House?
Resale liquidity at Anson House should be considered moderate to thin. Recorded transaction data is sparse, with historical sale benchmarks dating back several years rather than reflecting frequent recent trades, which is typical of smaller strata commercial buildings rather than a sign of specific distress. This means sellers should expect a longer marketing period and should lean on comparable asking prices and broker guidance rather than assuming quick price discovery from recent transacted data. Buyers, in turn, may find room to negotiate given the smaller pool of competing bidders. Anyone planning a shorter hold period should factor this thinner liquidity into their exit timeline.
What business types are best suited to Anson House?
The building’s unit sizes and Commercial zoning suit small to mid-size professional services firms particularly well — legal practices, accounting and audit firms, corporate secretarial and advisory boutiques, and financial consultancies that value a recognisable Anson Road address without needing a full Grade A trophy floor plate. Ground-floor units suit F&B operators and retail tenants able to draw on the daytime office population and passing footfall from two nearby MRT stations. Larger contiguous floors can accommodate back-office or operations teams for bigger firms headquartered elsewhere in the CBD. Businesses needing industrial, warehousing or heavy-traffic retail formats would be better served by a different zoning altogether.

This article is for general informational purposes only and does not constitute financial, investment, legal or tax advice. Figures marked with the ≈ symbol are estimates based on publicly available listings and historical data and may not reflect current market conditions. Stamp duty, tax and financing rules referenced above are subject to change; readers should verify current rates and regulations with IRAS, MAS-regulated financial institutions, and a qualified conveyancing lawyer before making any purchase, leasing or investment decision. Prospective buyers and tenants should conduct independent due diligence, including verification with the building’s MCST or managing agent, before relying on any figure in this review.

© 2026 SG Commercial Property Insights. All rights reserved.

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