📖 14 min read

Mapletree Anson Singapore 2026: What Is It, Who Owns It & What Does It Mean for MPACT Investors?

Grade A CBD Office  |  311,200 sq ft  |  SGX: N2IU (MPACT)  |  93.8% Occupancy

Mapletree Anson is a 19-storey Grade A office building at 60 Anson Road, Singapore’s Tanjong Pagar CBD, directly connected to Tanjong Pagar MRT. It spans 311,200 sq ft NLA and is wholly owned by Mapletree Pan Asia Commercial Trust (MPACT, SGX: N2IU) — Singapore’s largest diversified commercial REIT with S$15.2 billion in assets. MPACT’s FY2026 DPU was 7.97 Singapore cents (~6.0% yield at current prices), and the trust is CPFIS-OA eligible.

Not financial advice. All figures are for educational reference only. Data as at June 2026 unless noted.

TL;DR:

  • Mapletree Anson is a Grade A CBD office owned by MPACT (N2IU), contributing ~8% of NPI alongside VivoCity, MBC and mTower
  • 93.8% occupancy — above Singapore CBD average of ~89%
  • Buy MPACT units on SGX via FSMOne, Syfe or Endowus to gain exposure using CPF OA or SRS funds

What Is Mapletree Anson?

Mapletree Anson is a premium Grade A office tower at 60 Anson Road, Tanjong Pagar, Singapore’s core CBD. Completed in 2009, it offers 19 storeys of commercial space with a net lettable area (NLA) of approximately 311,200 sq ft.

Its standout advantage is direct connectivity to Tanjong Pagar MRT station (East-West Line) via a covered linkway. That makes it one of the most accessible Grade A buildings in Singapore — a key selling point for financial services, professional services and technology tenants who need to attract talent.

The building targets blue-chip multinational occupiers. Specific tenant names are not publicly disclosed, but the profile is consistent with the rest of MPACT’s Singapore office portfolio: long leases, high credit-quality tenants, and minimal short-term churn risk.

60 Anson Road, Singapore  |  311,200 sq ft NLA  |  93.8% Occupancy (FY2026)

Who Owns Mapletree Anson?

Mapletree Anson is 100% owned by Mapletree Pan Asia Commercial Trust (MPACT, SGX: N2IU). MPACT is managed by Mapletree Investments Pte Ltd, the real estate arm of Temasek Holdings, Singapore’s sovereign investment company.

MPACT was formed in November 2022 through the merger of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT). MCT had owned Mapletree Anson since its IPO in 2011. The building is now one of five Singapore assets in MPACT’s 18-property portfolio spanning Singapore, Hong Kong, China, Japan and South Korea.

You cannot buy Mapletree Anson directly. The practical route for retail investors is to buy MPACT units on the SGX via a brokerage. The building’s rental income flows into MPACT’s distributable income and is paid out as quarterly DPU to unitholders. See best S-REITs in Singapore 2026 for a broader comparison of commercial REIT options.

Property Details: Size, Location and Specification

Attribute Detail
Address 60 Anson Road, Singapore 079914
Building Grade Grade A Office
NLA ~311,200 sq ft
Storeys 19 storeys
Completion 2009
MRT Connectivity Direct link to Tanjong Pagar MRT (EWL)
Occupancy (FY2026) 93.8%
Owner MPACT (SGX: N2IU) — 100%
Ownership since 2011 (via MCT IPO, merged into MPACT 2022)

Source: MPACT FY2025/26 Full Year Results, Mapletree Investments website, June 2026.

Mapletree Anson’s Role in the MPACT Portfolio

MPACT holds 18 properties across 5 markets. In Singapore, it owns five assets: VivoCity (retail), Mapletree Business City I & II (business park), mTower (office), and Mapletree Anson (office). VivoCity is the crown jewel — it alone contributes roughly 32% of NPI. Mapletree Anson contributes approximately 8%.

That might sound small, but 8% of a S$15.2 billion portfolio is still a meaningful income driver. And because Mapletree Anson is a premium Grade A CBD asset with MRT connectivity, it commands among the highest per-sq-ft rents in MPACT’s portfolio — keeping its yield contribution punching above its size.

MPACT key properties NPI contribution chart FY2026 — Mapletree Anson vs VivoCity vs MBC
MPACT Singapore Portfolio Overview (FY2026)
Property Type Approx. NPI Share Occupancy
VivoCity Retail Mall ~32% 99.7%
MBC I & II Business Park ~28% 92.4%
mTower Office ~14% 96.3%
Mapletree Anson Office (CBD) ~8% 93.8%
MLHF Business Park ~10% 91.0%

Source: MPACT FY2025/26 Full Year Results, June 2026. NPI shares are approximate.

Occupancy and Financial Performance

Mapletree Anson’s 93.8% occupancy rate in FY2026 is meaningfully above Singapore’s overall CBD Grade A office average of approximately 89%, according to CBRE research. This outperformance reflects the building’s premium connectivity and the resilience of demand from financial sector tenants in Tanjong Pagar.

Singapore’s CBD office market has been under pressure from hybrid working trends and cost-consciousness among multinationals. Yet Grade A buildings with MRT connectivity have held up better than secondary locations. Mapletree Anson is a direct beneficiary of this flight-to-quality dynamic.

From a financial perspective, the building contributes steady, recurring NPI to MPACT’s distributions. MPACT’s Singapore office portfolio — which includes Mapletree Anson and mTower — has shown stable occupancy through multiple business cycles, providing a counterbalance to the more volatile overseas portfolio (particularly Hong Kong). For a deeper look at MPACT’s full financials, see the MPACT dividend and DPU guide 2026.

MPACT Singapore office occupancy vs CBD average 2022-2026 — Mapletree Anson 93.8% vs Singapore CBD 89%

How to Invest in Mapletree Anson via MPACT

There is no direct way to invest in Mapletree Anson as a standalone asset. The practical route for Singapore retail investors is to buy MPACT (SGX: N2IU) units via a regular brokerage or robo-adviser platform. As a CPFIS-OA approved S-REIT, MPACT can also be purchased using CPF Ordinary Account funds — a significant benefit for long-term investors.

Step-by-Step: How to Buy MPACT

  1. Open a brokerage account (see comparison table below)
  2. Search for ticker N2IU on SGX
  3. MPACT trades in board lots of 100 units (~S$120–130 at current prices)
  4. Place a limit order at or near the prevailing bid price
  5. If using CPF OA: route via an approved CPFIS agent (FSMOne, OCBC Securities, DBS Vickers)
Broker Options for Buying MPACT (SGX: N2IU)
Broker CPF/SRS Commission Best For
FSMOne ✅ CPF OA + SRS 0.08%, min S$10 CPF investing, low cost
Syfe ✅ SRS only 0.06% + S$1.49 Mobile-first, SRS investing
Endowus ✅ CPF OA + SRS Fund-based access CPF, SRS managed portfolios
IBKR ❌ Cash only 0.05%, min S$2.50 Lowest cost, active traders

Commissions as at June 2026. Always verify current fees on each broker’s website.

Use the passive income Singapore guide to model how much MPACT income you might receive at different investment amounts. You can also use the Singapore retirement calculator to see how REIT distributions might fit into your retirement plan.

MPACT DPU and Yield History

MPACT pays distributions quarterly. Here is the recent DPU history to help you assess yield sustainability:

Financial Year DPU (S cents) YoY Change
FY2023 9.37¢
FY2024 8.59¢ -8.3%
FY2025 8.13¢ -5.4%
FY2026 7.97¢ -2.0%

Source: MPACT Annual Reports FY2023–FY2026. FY ends 31 March.

DPU has declined gradually from FY2023 peaks, primarily reflecting higher financing costs and softer overseas income from the Hong Kong and China portfolios. Singapore assets including Mapletree Anson have remained stable. At around S$1.33 per unit (June 2026), the FY2026 DPU of 7.97¢ implies an annualised yield of approximately 6.0% — attractive versus Singapore savings bonds and T-bills. See the CPF investment strategy guide for a comparison of yield options using CPF OA funds.

MPACT vs Peer S-REITs

REIT Yield (FY2026) Gearing P/NAV Sector
MPACT (N2IU) ~6.0% 40.7% 0.72x Commercial (SG+Asia)
CapitaLand IntCom (C38U) ~5.6% 39.2% 0.83x Retail/Office
Suntec REIT (T82U) ~6.5% 42.8% 0.63x Office/Retail
OUE REIT (TS0U) ~6.8% 38.5% 0.52x Office/Hospitality

Source: SGX data, REIT annual reports, June 2026. Yields based on trailing DPU ÷ current unit price. Not a buy/sell recommendation.

MPACT trades at a deeper P/NAV discount (0.72x) than CapitaLand IntCom, partly reflecting uncertainty around its overseas portfolio recovery. If you believe Hong Kong and North Asia assets stabilise, that discount could narrow — providing capital upside on top of the ~6.0% yield. For CPF and SRS investors, use a FSMOne referral code or a Syfe referral code and sign-up bonus to get started.

Frequently Asked Questions

What is Mapletree Anson Singapore?
Mapletree Anson is a 19-storey Grade A office building at 60 Anson Road, Tanjong Pagar, Singapore. It has 311,200 sq ft of NLA, direct MRT connectivity, and is 100% owned by MPACT (SGX: N2IU).
Who owns Mapletree Anson?
Mapletree Anson is wholly owned by Mapletree Pan Asia Commercial Trust (MPACT, SGX: N2IU), managed by Mapletree Investments — a Temasek Holdings subsidiary. It has been part of the trust since the 2011 MCT IPO.
How can I invest in Mapletree Anson?
You cannot buy Mapletree Anson directly. Buy MPACT units (SGX: N2IU) via a brokerage. FSMOne and Endowus accept CPF OA funds. Syfe accepts SRS. IBKR is the lowest-cost cash option.
What is Mapletree Anson's occupancy rate?
Mapletree Anson had a reported occupancy of 93.8% in FY2026 (year ending March 2026). This is above Singapore’s CBD Grade A office average of approximately 89%, according to CBRE data.
What yield does MPACT pay in 2026?
MPACT’s FY2026 DPU was 7.97 Singapore cents per unit. At around S$1.33 per unit (June 2026), that implies a trailing yield of approximately 6.0%. Distributions are paid quarterly.
Can I use CPF to invest in Mapletree Anson / MPACT?
Yes. MPACT (N2IU) is CPFIS-OA approved, meaning you can invest using CPF Ordinary Account funds via CPFIS-approved brokers such as FSMOne, OCBC Securities, or DBS Vickers. Note that CPF OA funds used for investment are subject to a 35% OA balance retention requirement.
Is Mapletree Anson in a good location?
Yes. 60 Anson Road is in Tanjong Pagar, one of Singapore’s primary CBD sub-markets. The building links directly to Tanjong Pagar MRT (East-West Line), making it one of the best-connected Grade A offices in the city. This connectivity is a key competitive advantage for attracting and retaining blue-chip tenants.
What is MPACT's gearing ratio?
MPACT’s aggregate leverage (gearing) was approximately 40.7% as at FY2026. MAS regulations cap S-REIT gearing at 50%. MPACT has headroom to grow, but the ratio warrants monitoring given rising financing costs in the current interest rate environment.
What are the risks of investing in MPACT?
Key risks include: (1) overseas portfolio exposure — Hong Kong and China assets face structural headwinds; (2) interest rate sensitivity — higher rates increase financing costs and compress DPU; (3) office market softness — hybrid work trends may reduce demand for Grade A space. Mapletree Anson itself is a defensive, high-occupancy asset, but it is one component of a larger, geographically diverse trust.