World · Singapore Bureau
Frasers Property snaps up Cuppage Terrace for $175m
The Singapore property giant has acquired the Orchard Road asset, positioning it alongside its flagship Centrepoint development in the premium retail and office district.
LSN Singapore ·
Frasers Property has completed the acquisition of Cuppage Terrace on Orchard Road for $175 million, bolstering its portfolio in Singapore's most prestigious shopping and business precinct.
The property lies adjacent to The Centrepoint, Frasers' landmark development that anchors the company's presence in the upmarket district. The strategic purchase consolidates the developer's hold on one of the island's most sought-after commercial and retail locations.
Cuppage Terrace represents a significant addition to Frasers' existing holdings, allowing the company to leverage its established presence on Orchard Road. The acquisition reflects continued confidence in the area's resilience as a prime destination for retail, dining, and commercial tenants.
Frasers Property, one of Singapore's leading real estate firms, has long maintained a strong position along Orchard Road, one of Asia's most iconic shopping corridors. The move underscores the company's commitment to high-value properties in prime urban locations as part of its long-term growth strategy.