Frasers buys Singapore's Cuppage Terrace for $175 million

Frasers has acquired Cuppage Terrace, a row of 17 conserved Peranakan-style shophouses in Singapore, for US$137.6 million (SG$175 million).

Frasers buys Singapore's Cuppage Terrace for $175 million
Source image: Inside Retail Asia

Frasers has acquired Cuppage Terrace, a row of 17 conserved Peranakan-style shophouses in Singapore, for US$137.6 million (SG$175 million).

What happened

Frasers Property has acquired Cuppage Terrace, a row of 17 conserved Peranakan-style shophouses in Singapore, for US$137.6 million (SG$175 million).

Why it matters

The 28,986sqft freehold property is about a five-minute walk from the Somerset MRT station and is home to a mix of retail, food and beverage, and entertainment businesses. Its location also benefits from foot traffic generated by the surrounding commercial and residential precinct.

Frasers already owns about 96 per cent of the retail units by strata area in the freehold front plot of The Centrepoint and wholly owns 51 Cuppage Road, a 10-storey office building directly connected to the mall.

The acquisition expands its assets around The Centrepoint, the group’s flagship in Orchard Road.

This news brief is based on reporting published by Inside Retail Asia on 2026-09-01. The original report is linked below.

Original source

Inside Retail Asia

https://insideretail.asia/2026/09/01/frasers-buys-singapores-cuppage-terrace-for-175-million/

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