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Mapletree Anson Review

Mapletree Anson Review
Commercial Office Review — District 02, Tanjong Pagar / CBD

Mapletree Anson

A Green Mark Platinum Grade A office tower anchoring the southern edge of Singapore’s Central Business District

SGCPI Research Desk Updated 22 August 2026 60 Anson Road, Singapore 079914 ≈99-YR LEASEHOLD FROM ≈2005

Street-level view of Mapletree Anson, 60 Anson Road, Singapore 079914. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameMapletree Anson
Address60 Anson Road, Singapore 079914
DistrictD02 – Chinatown / Tanjong Pagar
Tenure≈99-year leasehold from ≈2005
Zoning / UseCommercial – Office (Grade A)
Built Form19-storey office tower, column-free plates
Land Area / GFA≈420,000 sq ft GFA (est.)
Completion Year2009
Nearest MRTTanjong Pagar (EW15), ≈2 min walk
Key Road AccessAYE, MCE, Shenton Way, Anson Road
Transacted PSF Range≈S$2,600 – S$3,200 psf (indicative)
Sale Price Range≈S$13m – S$67m per floor (indicative)
Asking Rent Range≈S$10.50 – S$12.50 psf/mth
Occupier BaseAnchor MNC (financial services), insurance & professional-services tenants

Location & Connectivity

Mapletree Anson sits within the Anson / Tanjong Pagar micro-market, a compact cluster of CBD office towers that includes International Plaza, AXA Tower and M Hotel Singapore. The precinct has evolved from a mixed shipping-and-warehouse fringe into one of the CBD’s more established office nodes, sitting a short stroll from Shenton Way and the Marina Bay financial belt.

The building is roughly a two-minute walk from Tanjong Pagar MRT station on the East-West Line, giving occupiers single-transfer access to Raffles Place, City Hall and the wider rail network. Road access is equally direct, with slip roads onto the Ayer Rajah Expressway and Marina Coastal Expressway close by, useful for client meetings that involve Changi Airport or the western business parks.

Within walking distance are Tanjong Pagar Plaza’s hawker centre, the 100 AM and Tanjong Pagar Centre retail podiums, and a dense strip of banks, cafes and quick-service dining along Anson Road and Neil Road. For occupiers, this density of lunchtime and after-work amenities is a genuine differentiator versus newer, more isolated CBD micro-markets.

Location of Mapletree Anson. Map data: Google Maps, accessed August 2026.

Building & Facilities

Completed in July 2009, Mapletree Anson rises 19 storeys with column-free floor plates exceeding 20,000 sq ft, a configuration favoured by MNCs consolidating regional teams onto fewer floors. The tower is served by a bank of passenger lifts, raised access flooring and generous floor-to-floor heights typical of purpose-built Grade A stock from this era.

The building was among the first in Singapore to receive the BCA Green Mark Platinum award, the highest local sustainability accolade, and its street frontage is distinguished by “The Spiral,” a public art installation that has become a minor landmark along Anson Road. Car parking is available on-site, with roughly 78 lots serving the tower.

Because the asset sits within an institutional (REIT-linked) ownership structure, prospective buyers of any strata interest should independently verify current ownership, fire certificate status, and common-property arrangements with the relevant managing agent before committing, rather than relying solely on marketing materials.

Unit Types & Floor Plan Notes

Floor plates at Mapletree Anson are column-free and can be configured as whole-floor tenancies or subdivided into half- and quarter-floor suites, giving occupiers flexibility to right-size as headcount changes. The efficiency of the plates (minimal structural intrusion) is one of the building’s stronger selling points versus older CBD stock.

Full-Floor Tenancy

≈20,000 – 21,129 sq ft

Suited to regional HQs or single large occupiers wanting an entire, uninterrupted floor with dedicated lift lobby presence.

Half-Floor Suite

≈10,000 – 10,500 sq ft

A common mid-market configuration for financial services and professional firms of 60–100 staff.

Quarter-Floor Suite

≈5,000 – 5,500 sq ft

Fits smaller teams or satellite offices while retaining Grade A specification and building amenities.

High-Zone Corner Suite

≈3,000 – 4,000 sq ft

Upper-floor corner units with dual-aspect views, typically commanding a rental premium over lower zones.

Floor-to-Floor Height: ≈3.9m (indicative, Grade A standard for this vintage)
Raised Floor: ≈150mm access flooring
Ceiling Clearance: ≈2.75m finished
Passenger Lifts: ≈14 units serving the tower (indicative)
Car Park Provision: ≈78 lots on site

Investment Case

Mapletree Anson’s investment case rests on its Green Mark Platinum credentials, walkable MRT access and scarcity value within a tightly held CBD micro-market. As with most institutionally owned Grade A assets, individual strata acquisition opportunities are infrequent, so most exposure to the building comes via leasing rather than direct purchase.

What Works

  • Green Mark Platinum status supports ESG-driven occupier demand
  • ≈2-minute walk to Tanjong Pagar MRT (EW15)
  • Column-free, efficient floor plates suit modern office fit-outs
  • Stable anchor-tenant income profile within the tower
  • Limited new Grade A supply in the immediate Anson micro-market

What to Weigh Carefully

  • Institutional ownership structure limits strata resale liquidity
  • Lease decay becomes a bigger factor as the tenure ages further
  • Newer CBD towers compete aggressively on fit-out and amenities
  • GST typically applies on commercial purchase price, adding upfront cost
  • Renewal risk on any large anchor lease affects income stability

Who This Suits

Mapletree Anson is best suited to occupiers rather than opportunistic flippers: regional finance, insurance and professional-services firms that value a walkable, amenity-dense CBD address with genuine sustainability credentials. For investors, exposure is more realistic through leasing arbitrage, fund vehicles, or the rare strata release than through outright unit purchase, given the building’s largely institutional ownership. Buyers or tenants prioritising column-free floor plates, MRT proximity and a Green Mark Platinum ESG story will find the building a strong fit; those seeking maximum capital appreciation from an undervalued, freely tradeable strata asset should look elsewhere in the CBD, where ownership is more fragmented and resale cycles move faster.

Frequently Asked Questions

What is Mapletree Anson zoned for, and what business activities are permitted?
Mapletree Anson sits on land zoned for commercial use under Singapore’s Master Plan, and the building operates as a Grade A office tower. Permitted activities generally cover office-based operations — financial services, insurance, professional services, corporate headquarters and similar white-collar uses — along with limited ancillary retail or F&B at ground level where approved. It is not zoned for industrial, warehousing or residential use. Any change of use, or fit-out involving structural or M&E modifications, should be checked against the current Urban Redevelopment Authority (URA) zoning and the building’s own tenancy guidelines before signing a lease or purchase agreement, since permitted use can be more tightly defined than the broad zoning category suggests.
Can foreign individuals or companies buy or lease space at Mapletree Anson?
Yes. Singapore’s Residential Property Act, which restricts foreign purchases of residential land, does not apply to commercial office property. Foreign individuals and foreign-registered companies can generally purchase or lease commercial units such as those at Mapletree Anson without the ownership restrictions that apply to landed residential housing. That said, foreign buyers should still budget for Buyer’s Stamp Duty, possible GST on the purchase price, and should confirm financing eligibility with Singapore-based lenders, since loan-to-value ratios and documentation requirements can differ for non-resident purchasers. Engaging a local conveyancing lawyer early is strongly recommended for any cross-border commercial acquisition.
Does Additional Buyer’s Stamp Duty (ABSD) apply to a purchase here?
No. ABSD in Singapore is levied on residential property purchases and does not apply to commercial or office assets such as Mapletree Anson. This is one of the structural attractions of commercial real estate for both local and foreign buyers, since it removes the additional 20–65% duty tiers that apply to second and subsequent residential purchases or to foreign buyers of housing. Buyers of commercial space instead pay standard Buyer’s Stamp Duty on the purchase price or market value, whichever is higher, without any ABSD component, regardless of how many other properties, residential or commercial, they already own.
Is Seller’s Stamp Duty (SSD) a concern if I resell my unit early?
SSD in Singapore currently applies to residential property and, separately, to industrial property sold within a defined holding period; it does not apply to commercial office assets like Mapletree Anson. This means an owner can, in principle, sell an office unit shortly after purchase without incurring an SSD charge, unlike a residential or industrial owner selling within the holding window. Transaction costs on a quick resale would instead mainly consist of legal fees, agent commission and any financing prepayment penalties. Always confirm current SSD rules with a conveyancing lawyer, as stamp duty regimes are periodically revised by the Singapore government.
What Buyer’s Stamp Duty (BSD) applies to a commercial purchase?
Buyer’s Stamp Duty applies to all Singapore property purchases, including commercial office units at Mapletree Anson, and is calculated on a tiered scale against the purchase price or market value, whichever is higher. For non-residential property the marginal BSD rate reaches up to 5% on the portion of value above the highest tier. On a multi-million-dollar office floor, BSD can therefore represent a meaningful line item in the acquisition budget and should be modelled alongside legal fees and any GST exposure. Rates are set by the Inland Revenue Authority of Singapore (IRAS) and are subject to periodic revision.
Do I need to pay GST when buying an office unit at Mapletree Anson?
Unlike residential property, which is GST-exempt, commercial property sales in Singapore are generally treated as a taxable supply when the seller is GST-registered, meaning GST at the prevailing rate (9% as of the current schedule) can apply on top of the purchase price. This materially affects the effective cost of acquisition and cash flow, particularly for buyers who are not themselves GST-registered and cannot claim input tax credits. Prospective purchasers should confirm the seller’s GST-registration status and structure the sale-and-purchase agreement accordingly, ideally with advice from a tax professional familiar with commercial property transactions.
How does the remaining lease term affect financing options?
Mapletree Anson sits on leasehold land with an estimated tenure of around 99 years from the mid-2000s, meaning a substantial remaining lease is still in place. Banks in Singapore generally tie maximum loan tenure and loan-to-value ratio to the remaining lease term, so a property with 70-plus years remaining typically still qualifies for standard commercial financing terms. As the lease continues to run down over subsequent decades, buyers should expect financing to become progressively more conservative, with shorter loan tenures and lower LTV caps, which in turn affects resale pricing and the pool of qualified future buyers.
What rental yield can an investor realistically expect?
Based on indicative asking rents of roughly S$10.50 to S$12.50 per square foot per month against typical CBD Grade A capital values, gross yields for a well-let unit at Mapletree Anson would generally sit in a low-to-mid single-digit range, broadly consistent with mature Singapore CBD office assets. Net yield will be lower once property tax, service charges, and any vacancy or leasing-commission periods are factored in. Actual returns depend heavily on tenant covenant strength, lease structure and timing of entry, so investors should model several occupancy and rental-growth scenarios rather than relying on a single asking-rent figure.
How does the building’s age affect its long-term appeal?
Completed in 2009, Mapletree Anson is a mature but not old Grade A asset, meaning its specifications remain broadly competitive while some fit-out finishes and building systems will eventually need refreshing to match newer CBD towers. Buildings of this vintage typically undergo periodic upgrading of lifts, air-conditioning and common areas to retain Grade A rental positioning. Prospective occupiers and investors should ask the building manager about planned or recent asset-enhancement works, as a well-maintained upgrade schedule can meaningfully extend a building’s competitive life relative to peers that defer capital expenditure.
What are the odds of en-bloc sale or redevelopment?
Given its institutional, largely single-owner structure and relatively young building age for the CBD, an en-bloc or collective-sale scenario is less likely for Mapletree Anson than for older, fragmented strata-titled buildings nearby. Redevelopment decisions for an asset like this are more likely to be driven by the owning entity’s portfolio strategy than by a strata vote, since individual unit owners, where they exist, typically hold a small minority stake. Buyers should not treat en-bloc upside as a primary investment thesis here; it is a secondary, low-probability scenario rather than a near-term catalyst.
What is the parking and loading situation like?
Mapletree Anson provides on-site car parking, with roughly 78 lots serving the tower, which is a modest ratio relative to floor area and broadly typical for a dense CBD office building where most staff commute by MRT or bus. Visitor and tenant parking can be tight during peak office hours, so occupiers with client-facing operations may need to budget for nearby public car parks as overflow. Loading and unloading for deliveries and office moves is typically managed through a designated service area with time-window restrictions, and building management should be consulted in advance for any large-scale move-in or move-out.
What maintenance or service charges should I budget for?
As with most CBD Grade A buildings, occupiers and any unit owners at Mapletree Anson should expect to contribute service or maintenance charges covering common-area cleaning, security, lift servicing, mechanical and electrical upkeep, and building insurance for shared infrastructure. Because the asset is held within an institutional ownership structure rather than a conventional strata-titled MCST, the exact charging mechanism and rate should be confirmed directly with the building’s managing agent rather than assumed from generic MCST benchmarks. Budgeting an additional service-charge line on top of base rent or purchase price is essential when comparing total occupancy cost against alternative CBD buildings.
How liquid is the resale or sub-lease market for units here?
Resale liquidity for Mapletree Anson is constrained by its predominantly institutional ownership, which means genuine strata sale opportunities are infrequent compared with older, fully strata-titled CBD buildings where many small owners actively trade units. Sub-leasing or assignment of an existing tenancy is generally more achievable than an outright purchase resale, subject to landlord consent and any lease covenants. Investors prioritising exit flexibility should treat this building as a longer-hold, income-focused proposition rather than a short-cycle trading asset, and should factor in a longer expected marketing period when underwriting any eventual disposal.
What types of businesses are best suited to space here?
Mapletree Anson’s column-free floor plates, Grade A specifications and Green Mark Platinum sustainability credentials make it particularly well suited to financial services firms, insurance companies, professional services practices and regional corporate headquarters that value both a prestigious CBD address and a credible ESG story for staff and clients. The building’s scale and floor efficiency also suit larger single occupiers seeking whole- or half-floor configurations. It is less suited to retail-intensive, industrial, or high-footfall consumer-facing businesses, given its office-only zoning, limited ground-level retail frontage, and modest on-site parking relative to a shopping or F&B-anchored development.

This article is for general informational purposes only and does not constitute financial, legal, tax or investment advice. Figures marked with the ≈ symbol are indicative estimates based on publicly available information and comparable market data as at the update date above, and may not reflect actual current pricing, availability or ownership status. Readers should independently verify all zoning, tenure, stamp duty, GST and ownership details with the relevant government agencies, the building’s managing agent, and qualified legal, tax and financial professionals before making any purchase, leasing or investment decision. Past performance and indicative yields are not guarantees of future results.

© 2026 SG Commercial Property Insights. All rights reserved.

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