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Cuppage Terrace hits market for first time in 20 years

Cuppage Terrace, a renowned food and beverage (F&B) and lifestyle destination on Orchard Road, is up for sale for the first time in over two decades. CBRE, acting as the exclusive marketing agent, is inviting Expressions of Interest for this prime asset, which spans 28,986 sq ft and offers approximately 50,891 sq ft of total floor area. The sale closes on 12 February 2026.

Located in the heart of Singapore’s retail hub, Cuppage Terrace consists of 17 adjoining Peranakan conservation shophouses. The property is fully leased to a diverse mix of established F&B operators, featuring an expansive outdoor refreshment area of over 12,000 sq ft. Its prominent 85-metre road frontage along Cuppage Road enhances its visibility and appeal.

The asset’s strategic location, adjacent to The Centrepoint and near Somerset MRT Station, ensures high accessibility. Clemence Lee, Executive Director of Capital Markets at CBRE, highlighted the rarity of such a large, contiguous shophouse portfolio coming to market, noting strong interest from local and international investors.

Orchard Road remains a vibrant retail centre, with ongoing redevelopment projects promising to enhance its appeal further. The Urban Redevelopment Authority’s efforts to reinvent the area aim to maintain its relevance amidst a dynamic retail landscape.

Following a 2025 valuation of S$250m, CBRE is now seeking Expressions of Interest for this prime asset. Foreigners are eligible to purchase, with no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) imposed on the transaction.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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