Kheng Leong has revealed the luxurious 21 Anderson project in Singapore’s prestigious Tanglin enclave, featuring 18 freehold units set for TOP in 2025. The development includes two two-bedroom, fourteen four-bedroom, and two five-bedroom penthouses, with two four-bedroom units recently sold for over S$20 million each. Despite increased ABSD rates slowing high-end sales, demand remains strong in the competitive CCR. This project highlights enduring luxury in a refined community, where further exploration awaits key market insights and historical trends.
Overview of 21 Anderson
Kheng Leong’s 21 Anderson project in Tanglin is an ultra-luxury residential development featuring 18 freehold units, acquired in 2021 for S$213 million at approximately S$2,490 per square foot.
Nestled in a prestigious enclave, it offers two two-bedroom units, fourteen four-bedroom residences, and two five-bedroom penthouses, all designed for discerning individuals seeking enduring connections.
Nestled in a prestigious enclave, discover two two-bedroom units, fourteen four-bedroom residences, and two five-bedroom penthouses for enduring connections.
With freehold tenure, residents can embrace a sense of permanence, fostering a community where shared elegance and privacy create lasting bonds.
Set to receive its TOP in 2025, this development promises a refined haven for those desiring a place to truly belong.
Key Sales Achievements
In April 2025, two four-bedroom units at 21 Anderson sold for over S$20 million each, with prices reaching S$21 million (S$4,672 psf) and S$23 million (S$5,127 psf).
This milestone underscores the project’s allure, drawing discerning buyers into an exclusive community. A third unit sold swiftly on April 24, while five more were reserved, reflecting enthusiastic demand for its sophisticated living.
Prices for remaining four-bedroom units, from S$22.5 million to S$25.4 million, invite those seeking prestige and belonging in Tanglin’s elite enclave, fostering a sense of shared luxury and enduring connection.
Current Market Trends
While increased Additional Buyer’s Stamp Duty (ABSD) rates for foreign buyers have slowed sales in the high-end condo market, only 13 units in the S$4,500 to S$5,600 psf range sold over the last two years, down from 38 deals the previous year.
This slowdown fosters a more intimate market, where buyers seeking belonging prioritize timeless communities over fleeting trends.
In Singapore’s luxury landscape, properties like those in Tanglin offer enduring connections, allowing residents to share in refined lifestyles and mutual aspirations.
Here, selective ownership builds a sense of exclusive camaraderie, enhancing personal fulfillment amid cautious market conditions.
Competitive Landscape in CCR
The Core Central Region (CCR) hosts a limited array of new luxury projects, including W Residences Singapore Marina View, the Orchard Boulevard development, and Robertson Walk redevelopment.
In this exclusive arena, 21 Anderson stands as a compelling option, inviting buyers to join a community where shared aspirations for refined living create lasting connections.
With non-landed prices rising 0.8% in Q1 2025, driven by local demand and market dynamics, these projects foster a sense of belonging among discerning residents.
With non-landed prices rising 0.8% in Q1 2025, driven by local demand, these projects nurture a sense of belonging for discerning residents.
Here, individuals find not just homes, but a network of like-minded peers, enhancing the allure of CCR’s sophisticated lifestyle.
Historical Luxury Property Insights
Historical luxury property transactions in Singapore reveal market fluctuations, as evidenced by Kheng Leong’s 2021 acquisition of the Tanglin site for S$213 million, reflecting confidence amid varying conditions.
Recent sales, such as a Park Nova penthouse at S$38.9 million in January 2025 and a Skywater Residences apartment at S$47.34 million in May 2024, underscore enduring appeal in Tanglin.
For those seeking belonging in an elite community, these deals highlight stability and prestige, inviting discerning buyers to join Singapore’s storied luxury landscape, where timeless investments foster shared exclusivity and enduring value.
Conclusion
Despite concerns over market volatility and stamp duties, 21 Anderson’s record-breaking sales and prime Tanglin location underscore its timeless allure, offering discerning buyers an emotional sanctuary of refined luxury. As Kheng Leong’s masterpiece nears completion, it evokes a sense of enduring prestige and aspirational living in Singapore’s elite landscape.
Visit https://21anderson-condo.com for more information.
