CCR · Prime District 2

D2 Anson · Tanjong Pagar

Tanjong Pagar · Anson · Wallich

Walking-distance CBD with real rejuvenation, Newport FH is the 2026 headline.

New-launch PSF (2026)
S$2,600, 3,500
2026 band
Gross yield (typical)
2.9, 3.6%
2026 rental reset
Travel to CBD
~2 min
MRT + road
Tenure character
Mixed FH/LH
Meaningful FH pockets

Who actually lives in D2.

Expat professionals + SG singles/DINKs working in CBD. Mixed renter/owner; Wallich sets the ultra-prime tone. Very few families.

Walking-distance CBD play. Newport (FH) is the headline 2026 launch, prime tier.

Tenure & typical size

Tenure mix: Mix of 99-yr (newer GLS) and FH (Newport, some boutique). Newport's FH status is a core thesis.

Typical unit size: 500-1,600 sqft

Read the position, not just the number.

Region spectrum
D2 is classified CCR, Core Central Region, Singapore's prime tier. Premium, currency-sensitive, foreign-buyer exposed..
CCR
RCR
OCR
D2 · CCR

D2 sits in prime territory. Pricing, tenant pool, and exit all skew toward the 10%-of-the-market segment.

PSF range (2026) vs tier medians
The band shows this district's new-launch PSF range overlaid on broad OCR / RCR / CCR tier bands (S$1,200, S$3,500+).
S$1,200
S$1,900
S$2,500
S$3,500+
S$2,600, 3,500 psf

Don't shop PSF averages, shop by stack, tenure, and floor. District medians hide the 20-30% spread between freehold premium and older leasehold.

Gross yield, where this district sits on the 2-5% spectrum
Yield band reflects typical 2026 rentals vs purchase price; not point estimates.
3% floor
2.9, 3.6%
2.0%3.0%4.0%5.0%

Just clears the 3% floor most SG investors use. Modest yield, appreciation thesis matters more.

Travel times from D2
MRT + typical off-peak road time estimates.
To CBD
~2 min
To Orchard
~12 min
To Changi
~27 min

Central-accessible. The commute ceiling isn't the barrier here, it's the entry price.

What's actually connecting D2.

MRT stations

  • , Tanjong Pagar (EWL)
  • , Maxwell (TEL)
  • , Outram Park (EWL · NEL · TEL)

Key amenities

  • , Tanjong Pagar F&B belt
  • , Maxwell Food Centre
  • , Chinatown Point
  • , Wallich Sky Park
  • , Pearl's Hill City Park

Schools within or near this district.

School premium is concentrated in the 1-2km corridor around specific primary schools. Verify actual distance before paying the "school catchment" premium.

Primary

  • , Cantonment Primary

Secondary

  • None in this district

JC / international / tertiary

  • None in this district

The names that anchor D2 pricing.

Projects currently setting the PSF and tenant-quality benchmarks in D2. All verified against transacted sales.

Wallich Residence

Newport Residences

Skysuites @ Anson

Altez

Icon

76 Shenton

Spottiswoode Residences

Spottiswoode 18

2026, 2027 pipeline

Project Expected Status
Newport Residences
Freehold · 246 units
Q1 2026 (launched Jan 2026) Launched

Verified against URA GLS + developer announcements as of April 2026. List refreshes monthly.

How I'd think about D2 through the framework.

01

Capital

Premium band, cash reserves and CPF positioning matter more than LTV optimization. Entry ceilings are high and stamp-duty drag is material.

02

Cashflow

Yield clears 3% but narrowly. Works for long-hold + modest-income-drag profiles. Stress test vacancy and MCST + tax.

03

Progression

Where D2 sits in your portfolio depends on what you're progressing FROM and TO. Entry without a planned exit is speculation, see exit strategy.

04

Protection

FX exposure + thinner liquidity in downcycles. Stress test: rate-doubling, 9-month vacancy, MCST special levies. CCR units are volatile at the edges of cycles.

Match the district to the buyer.

Fits D2 well

  • , FH-seeking prime buyer (Newport thesis)
  • , CBD-commuting executive owner-occupier
  • , Restructurer looking for trophy unit with long runway

Doesn't fit

  • Pure speculators looking for short-term flip gains
  • Buyers stretching to the AIP ceiling with thin reserves
  • Investors ignoring tenure, size, or exit sequencing
  • Foreign 60%-ABSD buyers without long-term SG thesis

The honest take on D2.

Walking-distance CBD play. Newport (FH) is the headline 2026 launch, prime tier.

Every district has a "default buyer profile." The mismatch between the district you're drawn to and the buyer profile you actually fit is where most bad decisions live. Run the Property Portfolio Analysis before paying the district premium.

Questions people actually ask me about D2.

Is Newport Residences worth the premium? +
Newport is one of very few FH prime-CBD launches of this decade. Premium over neighbouring 99-yr stock is 15-25%. Worth it only if you value FH and can hold 10+ years, otherwise D1/D2 99-yr gives better yield per dollar.
D1 vs D2, which is better for investment? +
D2 is the cleaner pick right now. Marina view is priced-in for D1; D2 has more redevelopment upside around Cecil Street and benefits from TEL's Maxwell station. Rental tenant pool is similar.
How's connectivity from Tanjong Pagar? +
Tanjong Pagar EWL is 1 stop to Raffles Place. Maxwell TEL (2022) added north-south access. Outram Park 3-line interchange is a 7-min walk. Genuinely well-connected.

Thinking about D2?

Let's run the Property Portfolio Analysis on your specific numbers, not the district's averages.