Frasers Property buys Cuppage Terrace shophouses for S$175 million
The Singapore developer added 17 conservation shophouses in the Orchard Road area to its portfolio in a deal announced on 1 September 2026.
Frasers Property has acquired Cuppage Terrace, a row of 17 conservation shophouses on Cuppage Road in Singapore's Orchard Road district, from Royal Holdings.[1]
The transaction was announced on 1 September 2026 at a price of S$175 million, which one report put at $137.6 million.[1][2]
Another publication converted the figure to €119m.[2]
The vendor had marketed the asset through CBRE from January 2026 with an asking price of S$250 million.[1]
Earlier in 2026, the company closed a S$391.9m collective sale purchase of the rear leasehold plot adjoining The Centrepoint.[2]
Sources
- Deal announcement, 1 Sep 2026 (2 announcements): [1] Frasers Buys Singapore's Cuppage Terrace for $138M - Mingtiandi, [2] Frasers Property buys Singapore shophouses in S$175m Orchard Road deal