# Valley Point and Fraser Suites Singapore to be redeveloped into luxury mixed-use riverfront project

- **Source:** EdgeProp Singapore
- **Published:** 2026-09-30T15:16:47.000Z
- **Author:** EdgeProp Singapore
- **Original:** https://www.edgeprop.sg/property-news/valley-point-and-fraser-suites-singapore-be-redeveloped-luxury-mixed-use-riverfront-project
- **Topics:** Private Residential, Commercial & Industrial, New Launches

## Featured rationale

The 51:49 joint venture signals developer confidence in prime riverfront mixed-use demand and could introduce substantial new luxury residential and hospitality supply to District 10.

## AI summary

Frasers Property and Mitsubishi Estate will redevelop Valley Point and Fraser Suites Singapore into 407 luxury homes and a 184-unit serviced residence, launching in 2027.

## Original article

Frasers Property and Mitsubishi Estate will redevelop Valley Point and Fraser Suites Singapore on River Valley Road into a luxury 999-year mixed-use project along the Singapore River.

The two firms have formed a 51:49 joint venture to undertake the redevelopment, they announced in a Sept 30 joint release.

The new development will have around 407 luxury homes and sky villas, a new flagship 184-unit Fraser Suites serviced residence, as well as dining, retail and lifestyle offerings.

Read also: $38 mil price tag on Mohamed Sultan Rd commercial, serviced apartment buildings

The prime District 10 project is slated to launch for sale in 2027 and complete in 2031.

Both Valley Point and Fraser Suites Singapore are expected to cease operations on March 31, 2027.

Valley Point comprises a 20-storey office tower and a two-storey shopping centre, while Fraser Suites Singapore is a 255-key serviced residence.

The 13,439 sq m (144,656 sq ft) site has a maximum allowable gross floor area of 54,309 sq m (584,577 sq ft), and is zoned for commercial and residential use.

"We aim to create a distinctive riverfront destination with curated living, hospitality and lifestyle offerings," said Soon Su Lin, CEO of Frasers Property Singapore.

"We look forward to working, once again, with Mitsubishi Estate to launch this landmark project next year, building on our successful partnership on the Kallang Close government land sale site," she added.

A joint venture between the two companies in April clinched the Kallang Close land plot with the top bid of $610.75 million, or $1,415 psf per plot ratio. The 123,320 sq ft, 99-year leasehold site can yield about 470 homes.

Kato Shinya, managing director of Mitsubishi Estate Asia, described the Valley Point and Fraser Suites project as a "rare riverfront redevelopment opportunity" and said the partners will bring together their complementary strengths and shared vision for quality placemaking.

Read also: New luxury serviced living brand Fraser Suites Reserve to debut in Bangkok

In June, Frasers Property had said it may redevelop the site after restructuring some $2.1 billion of hospitality assets, which included consolidating full ownership of Fraser Suites Singapore.

The group on Sept 30 said the site "holds a unique place" in its heritage and the history of the River Valley area.

It was once home to Fraser & Neave's first aerated water canning facility in Southeast Asia. In 1998, it housed the first Frasers Hospitality serviced residence for extended stay.

Check out the latest listings for River Valley properties

## Chinese translation

> Translation model: openai_codex_cli

### Valley Point和Fraser Suites Singapore将重建为豪华河畔综合用途项目

这些物业将于2027年3月关闭，为这个999年地契地块上的407套住宅和184套服务式公寓让路

Frasers Property和Mitsubishi Estate将把位于River Valley Road的Valley Point和Fraser Suites Singapore重建为新加坡河畔一个豪华999年地契综合用途项目。

两家公司在9月30日的联合公告中宣布，已成立51:49的合资企业负责该重建项目。

新开发项目将包括约407套豪华住宅和空中别墅、一座新的旗舰级184套Fraser Suites服务式公寓，以及餐饮、零售和生活方式配套。

另读：Mohamed Sultan Rd商业及服务式公寓建筑标价3,800万新元

这个位于黄金第10邮区的项目预计将于2027年推出销售，并于2031年完工。

Valley Point和Fraser Suites Singapore预计将于2027年3月31日停止运营。

Valley Point包括一栋20层办公楼和一座两层购物中心，而Fraser Suites Singapore则是一座拥有255间客房的服务式公寓。

该地块面积为13,439平方米（144,656平方英尺），最高允许总楼面面积为54,309平方米（584,577平方英尺），规划用途为商业和住宅。

Frasers Property Singapore首席执行官Soon Su Lin表示：“我们的目标是打造一个独特的河畔目的地，提供精心策划的居住、酒店和生活方式体验。”

她补充说：“我们期待再次与Mitsubishi Estate合作，于明年推出这一地标项目，并在我们于Kallang Close政府售地地块上的成功合作基础上继续前进。”

两家公司的一家合资企业于4月以6.1075亿新元的最高投标价，即每平方英尺地积比1,415新元，赢得Kallang Close地块。该123,320平方英尺、99年地契地块可兴建约470套住宅。

Mitsubishi Estate Asia董事总经理Kato Shinya形容Valley Point和Fraser Suites项目是一个“罕见的河畔重建机会”，并表示合作伙伴将结合彼此互补优势和对优质场所营造的共同愿景。

另读：全新豪华服务式居住品牌Fraser Suites Reserve将在曼谷首秀

今年6月，Frasers Property曾表示，在重组约21亿新元酒店资产后，可能会重建该地块；这项重组包括整合Fraser Suites Singapore的全部所有权。

该集团于9月30日表示，该地块在其传承和River Valley地区历史中“占有独特位置”。

它曾是Fraser & Neave在东南亚首个汽水罐装设施所在地。1998年，这里开设了首个供长期住宿的Frasers Hospitality服务式公寓。

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