EdgeProp reported on 30 September 2026 that Frasers Property and Mitsubishi Estate, in a 51:49 joint venture, will redevelop Valley Point and Fraser Suites Singapore on River Valley Road into a luxury mixed-use project beside the Singapore River. The site is in District 10 and carries a 999-year tenure. Each quick take below covers one part of the announcement, from the homes and the serviced residence to the dates and the history of the land.
Aurea Quick Take: What the Project Will Hold
The plan covers around 407 luxury homes and sky villas, a new flagship Fraser Suites serviced residence of 184 units, and dining, retail and lifestyle offerings. The site measures 13,439 sq m (144,656 sq ft), with a maximum gross floor area of 54,309 sq m (584,577 sq ft), and is zoned for commercial and residential use. EdgeProp described the district as prime, and the project mixes homes, a serviced residence and public-facing dining and retail around a single riverfront setting.
Aurea Quick Take: Dates on the Calendar
The sales launch is slated for 2027 and completion for 2031. Valley Point and Fraser Suites Singapore are both expected to cease operations on 31 March 2027. The existing site holds a 20-storey office tower with a two-storey shopping centre, together with a 255-key serviced residence.
The same joint venture won the Kallang Close GLS site in April 2026, a 99-year leasehold site of 123,320 sq ft with about 470 homes, and Frasers Property's chief executive for Singapore described the River Valley Road project as building on that partnership. The joint release, as reported by EdgeProp, framed the aim as a distinctive riverfront destination that combines curated living, hospitality and lifestyle offerings.
Aurea Quick Take: Four Facts About the Site's Past
- The land once housed Fraser & Neave's first aerated water canning facility in Southeast Asia.
- In 1998 it opened the first Frasers Hospitality extended-stay serviced residence.
- In June 2026, Frasers Property said it might redevelop the site after restructuring its hospitality assets, a step that included consolidating full ownership of Fraser Suites Singapore.
- The two existing properties are a 20-storey office tower with a two-storey shopping centre, and a 255-key serviced residence, both expected to cease operations on 31 March 2027.
Aurea is a private condominium of one 45-storey tower with three basements and 188 homes on Beach Road, in District 7 within the Core Central Region. Homes range from 2- to 5-bedroom, plus two 6-bedroom penthouses, across the Prestige, Signature and Sky Villa collections, with facilities on Levels 3 (Resort), 17 (Lounge) and 33 (Sky). The tenure is 99-year leasehold from 18 November 2024, and the developer's factsheet estimates TOP in the second quarter of 2029. Nicoll Highway MRT is about five minutes on foot and Lavender MRT about nine; the location page has the details.
The e-brochure downloads from the site in English and Chinese, and the Sales Concierge sends the price list and availability through the contact page.
Source: EdgeProp, 30 September 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Aurea is not affiliated with the parties mentioned.
Talk to the Sales Concierge About Aurea
Download the Aurea e-brochure in English or Chinese; the Sales Concierge sends the current price list and availability, and arranges a private viewing of the show units.