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
  • ✓ Decoupler 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 4-Pillar Audit 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 4-Pillar Audit on your specific numbers — not the district's averages.