Profile
Anchorpoint is an award-winning mall that offers an exciting range of eateries and restaurants, retail shopping and boutique outlets. It is located at the junction of Queenstown and Alexandra Road, opposite the popular large home furnishing store IKEA. The mall serves an area population of 98,500 in Queenstown and well-served by public bus services as well as regular shuttle bus services between the mall and the nearby office buildings in Alexandra.
Anchorpoint was the first mall to introduce the concept of having a cluster of premium brand name boutique outlet stores in Singapore by retailers Billabong Outlet, Cotton On and Cotton On Kids Outlet, Capitol Optical Outlet, Charles & Keith Outlet, G2000 Outlet, Little Once Outlet, FOX Outlet, Giordano Outlet and Pedro Outlet. Anchorpoint is also home to Cold Storage, Timezone, Jack’s Place, Koufu, ci gusta!, Xin Wang Hong Kong Café, Secret Recipe, KFC as well as Gyu Kaku. Besides its efforts in maintaining energy efficiency and indoor environmental quality, Anchorpoint's other green efforts, such as promoting the use of environment-friendly cleaning solutions throughout the mall and providing free biodiesel-fuelled shuttle buses for shoppers, demonstrate its commitment to reducing the carbon footprint.
Anchorpoint received a Merit Award for Renovation or Expansion of an Existing Project in the International Council of Shopping Centers Asia Shopping Centre Awards 2009.
Key Statistics
- Year of Completion: 1997
- Address: 368 and 370 Alexandra Road, Singapore 159952/3
- Connectivity: Near Queenstown MRT Station, bus stop and shuttle bus service
- Tenure: Freehold
- Net Lettable Area: 71,610 sq ft
- Area Population: 98,500
- Appraised Value (as at 30 Sep 2011): $78 million
- Number of leases: 67
- Car park Lots: 128
Financial Performance
| Financial period |
1HFY2012
(6 months ended 31 Mar 2012) |
FY2011
(12 months ended 31 Dec 2011) |
FY2010
(12 months ended 31 Dec 2011) |
| Gross revenue ($’000) |
4,071 |
8,028 |
7,656 |
| Net Property income ($’000) |
2,340 |
4,413 |
4,129 |
| Occupancy (at end of period) |
100.0% |
98.8% |
98.6% |
| Visitor Traffic (million) |
- |
4.2 |
4.3 |
Lease expiry profile as at 31 March 2012
| (FYE 30 Sep) |
FY12 |
FY13 |
FY14 |
FY15 |
FY16 |
FY17 |
FY18 |
| No of leases expiring |
12 |
25 |
22 |
8 |
1 |
1 |
- |
| Expiries as % Total NLA |
7.5% |
30.4% |
26.7% |
25.9% |
2.9% |
6.6% |
0.0% |
| NLA (sq ft) Expiring |
5,380 |
21,782 |
19,130 |
18,514 |
2,100 |
4,704 |
- |
| Expiries as % Total Gross Rental Income |
9.7% |
30.7% |
32.1% |
19.3% |
3.7% |
4.5% |
0.0% |
Top 10 Tenants by Gross Rental Income as at 30 September 2011
| Tenants |
Trade |
As % of total gross
rental income of mall |
| 1. Cold Storage Singapore (1983) Pte Ltd1 |
Supermarket |
10.1% |
| 2. Koufu Pte Ltd |
Food & Restaurants |
6.2% |
| 3. Royal Culinary Pte Ltd |
Food & Restaurants |
4.6% |
| 4. XWS Pte Ltd |
Food & Restaurants |
4.1% |
| 5. Royal Culinary Pte Ltd |
Food & Restaurants |
3.9% |
| 6. G2000 Apparel (S) Pte Ltd |
Fashion |
3.7% |
| 7. Cotton On Singapore Pte Ltd |
Fashion |
3.7% |
| 8. Jack’s Place Restaurant (Singapore) |
Food & Restaurants |
3.3% |
| 9. Watson’s Personal Care Stores Pte Ltd |
Beauty, Hair, Cosmetics, Personal Care |
3.1% |
| 10. Sakuraya Foods Pte Ltd |
Food & Restaurants |
2.4% |
Trade mix as at 30 September 2011
