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Skysuites@Anson

Enggor Street · District 02 · Core Central Region (CCR) · 99 yrs lease commencing from 2008

Skysuites@Anson is an apartment development in District 02 (CCR). Based on 100 URA-recorded transactions from 20212026, its median price is $1,400,000, with prices moving about 0.7%/yr and a gross rental yield near 4.9%.

The verdict · for an investor

Skysuites@Anson · Apartment · District 02 · Leasehold

Skysuites@Anson is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 5 min on foot; 8 supermarkets, 6 food & retail spots nearby.
  • Rentable~4.9% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • 2-bed, 3-bed have risen since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The 1-bed has lagged (−1.1%).
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

4.9%

gross, on this project

Priced vs nearby

Above 4 of 7

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,171/sqft
36 sold here

What 700 sqft (2-bed) units go for here

$1.43Mmiddle ~$1.52M$1.61M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 700 sqft sales

May 2026700 sqft · fl 41-45$1.54M$2,200 psf
Feb 2026700 sqft · fl 11-15$1.45M$2,066 psf
Feb 2026700 sqft · fl 26-30$1.53M$2,186 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $9.04 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
5.0% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent fully covers the mortgage — it pays for itself.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.52M

Aim at the middle or below. A patient buyer has been getting closer to $1.47M.

If you’re selling

~$1.59M

List at the top of fair; realistic close is $1.52M–$1.54M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.63M
Paper gain+$0.11M

Our blunt read: ~$110k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~0.7%/yr), and past pace never promises the future.

Built from URA transactions for Skysuites@Anson — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Skysuites@Anson

Core Central Region (CCR) · District 02 · ~$2,230 psf · 4.9% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans, steady immigration and rising rents are holding them up. For Skysuites@Anson, its own prices have been flat lately. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,230 psf, Skysuites@Anson is priced below similar new projects nearby — good value against its peers. But its own prices have gone flat (~0.7%/yr over ~5 years). At this prime end foreign buyers are taxed out, so demand is thin — the seller may be more stuck than you are. So — push hard on price — this is a buyer's situation. If the seller won't move, walk; there's no rush.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Skysuites@Anson)

About neutral

Skysuites@Anson's own prices have gone flat over the latest year.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Supports prices

Not many new units are being built in this district (~870) — less new supply competing with you.

0.9k units
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents at this project

Supports prices

Rents at Skysuites@Anson are up ~13% over the last couple of years — good if you're renting it out.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,230 psf is ~13% below similar nearby projects (~$2,568). good value

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Skysuites@Anson has grown ~0.7%/yr over ~5 years. Similar nearby: One Bernam 2.7%, Icon 0.7% — a 0.72.7%/yr spread (most around 2.7%).

market ~4.6%
Skysuites@Anson 0.7%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~0.7%/yr, ~$2,293/sqft by year 4 — still short of $2,550.
Likely hits it:beyond ~year 12 even at its own pace — a real stretch.
Best case:if it ran like its best neighbour (One Bernam, ~2.7%/yr), about year 6.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,400,000

2021–2026 (URA)

Appreciation

0.7%/yr

median trend

Gross yield

4.9%

~$9.04/psf rent

Lease

~81 yrs left

leasehold

Skysuites@Anson median price per sqft, by year

2021$2,282 psf
2022$2,128 psf-6.7%
2023$2,372 psf+11.5%
2024$2,233 psf-5.9%
2025$2,260 psf+1.2%
2026$2,230 psf-1.3%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Skysuites@Anson fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Skysuites@Anson

Questions people ask about Skysuites@Anson

Is Skysuites@Anson freehold or leasehold?

Skysuites@Anson is on a 99-year lease that began in 2008, so about 81 years remain. It sits in District 02 (Core Central Region (CCR)).

How much does Skysuites@Anson cost per square foot?

Recent transactions at Skysuites@Anson are around $2,230 psf. Across its record, transacted prices range from $828,000 to $2,646,803.

Which primary schools are near Skysuites@Anson?

Within 1 km (top Primary 1 priority): Cantonment Primary School (0.54 km). Within 1–2 km: Chij (kellock). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Skysuites@Anson?

The nearest MRT is Tanjong Pagar MRT, about 280 m away (straight-line).

Has Skysuites@Anson gone up in value?

Across 100 URA-recorded transactions (2021–2026), prices at Skysuites@Anson have moved about 0.7% a year on average, with a gross rental yield near 4.9%. That is a past record, not a forecast.

What condos are comparable to Skysuites@Anson?

Within a short walk: Icon, One Bernam, 76 Shenton, Wallich Residence, V On Shenton. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Skysuites@Anson a good buy?

Skysuites@Anson sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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