Frasers Property said to be nearing deal for Cuppage Terrace
The price is expected to be between S$175 million and S$180 million
[SINGAPORE] Frasers Property is said to be close to inking a deal to buy Cuppage Terrace, a row of 17 conservation shophouses off Orchard Road, next to The Centrepoint.
The price is understood to be somewhere between S$175 million and S$180 million.
Cuppage Terrace is on a 28,986 square foot site with 61 years and nine months left on its lease.
TRENDING NOW
How I knew I was ready to retire at 50
Coinbase to expand Singapore operations, grow headcount to 200 despite global restructuring
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
Lermit Road bungalow owned by family of Dennis Lee’s son on the market at S$98.8 million