SINGAPORE PROPERTY
Frasers Property said to be nearing deal for Cuppage Terrace
The price is expected to be between S$175 million and S$180 million
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[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.
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