Singapore
Cuppage Terrace, Orchard Road's Iconic F&B and Lifestyle Enclave, Available for Sale via Expression of Interest
January 19, 2026
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Head of Marketing & Communications, Singapore
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The property spans a land area of 28,986 sq ft and offers approximately 50,891 sq ft of total floor area including the Outdoor Refreshment Areas (ORA). Currently, the ground floor is fully-leased to a diverse and well-curated mix of established F&B operators offering artisanal bars and international cuisines. Boasting an expansive ORA of more than 12,000 sq ft, Cuppage Terrace stands out as one of the locations in Orchard Road able to offer a seamless indoor-outdoor dining experience, making it a cherished destination for drinks and social gatherings.
The asset commands exceptional visibility with an expansive 85-metre prominent road frontage along Cuppage Road. Its prime location places it directly adjacent to The Centrepoint, an iconic mixed-use development comprising a retail mall and residential component, with direct connectivity to Somerset MRT Station.
Following a 2025 valuation of S$250 million, CBRE is now seeking Expressions of Interest for this prime asset. Interested parties are invited to present their offers before the exercise closes at 3:00 PM on Thursday, 12 February 2026. Foreigners are eligible to purchase, with no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) imposed on the transaction.
As one of the most famous high streets globally, Orchard Road remains Singapore's undisputed retail heart. The 2.4-km long street features the highest concentration of retail developments in Singapore, offering an eclectic array of international brands and local labels. The Urban Redevelopment Authority (URA) has indicated efforts to continuously reinvent Orchard Road to keep pace with the dynamic retail landscape and ensure its relevance for current and future generations. Renewed vibrancy and dynamism are expected for Orchard Road as multiple new redevelopment projects such as Grange Road open-air carpark, the Singtel Comcentre, 230 Orchard Road (former Faber House), and Tanglin Shopping Centre are in the pipeline.
Mr. Clemence Lee (利伟强), Executive Director, Capital Markets, Singapore at CBRE, opined, “For the first time in over 20 years, Cuppage Terrace – Orchard Road's beloved and iconic F&B and lifestyle enclave – is finally on the market. This is a truly generational asset, rarely brought to market, representing an unparalleled opportunity for investors to acquire a unique asset with a palatable investment quantum of S$250 million in the heart of the internationally-recognised Orchard Road. We anticipate robust interest from a diverse spectrum of local and international capital, including family offices, funds, and high-net-worth investors, all vying for this one-of-a-kind trophy asset.”
Mr. Lee adds, " Cuppage Terrace is set to be one of Singapore's largest conservation shophouse offerings. This is critical because large, contiguous shophouse portfolios are exceptionally rare and almost never remain long on the market. Over the last 5 years, astute investors have been acquiring such assets for their private, long-term portfolios. For instance, major shophouse offerings by CBRE like The Rail Mall (43 shophouses), 46-50 Mosque Street (12 shophouses), 42-45 Mosque Street (10 shophouses), 17-33 Jalan Sultan (17 shophouses), and 161 Lavender Street (11 shophouses) were all transacted swiftly after their market introduction, underscoring this strong demand."
Cuppage Terrace enjoys seamless connection with Orchard Road and is just a short walk from Somerset MRT Station. It is also well-served by major roads and expressways such as Orchard Road and the nearby Central Expressway (CTE), ensuring high accessibility to other parts of Singapore.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.