SGX:TQ5Real Estate
Mixed Use Redevelopment Could Be A Key Move For Frasers Property Stock
Frasers Property has announced the past acquisition of Cuppage Terrace on Orchard Road for SGD 175 million and plans to redevelop Yishun 10 into a mixed-use project with about 110 homes and street-level retail, with completion targeted for 2031.
The pairing of a conservation shophouse cluster in Orchard Road with a future residential and retail hub in Yishun shows Frasers Property concentrating capital into tightly controlled precincts where it already manages adjacent assets and...