On 30 September 2026, Frasers Property and Mitsubishi Estate announced plans to redevelop Valley Point and Fraser Suites Singapore, two properties on River Valley Road, into a luxury mixed-use project beside the Singapore River, EdgeProp reported. The announcement was made in a joint release. The partners hold the venture in a 51:49 split. The plan covers about 407 luxury homes and sky villas, a new flagship Fraser Suites serviced residence of 184 units, and a mix of dining, retail and lifestyle offerings.
A district lens starts with the address. River Valley Road falls in District 10, and the site measures 13,439 sq m (144,656 sq ft). It is zoned commercial and residential, with a maximum gross floor area of 54,309 sq m (584,577 sq ft). EdgeProp described the project as a 999-year tenure scheme sitting directly on the riverfront, which gives the plan a waterfront edge inside an established part of the city.
The land holds a mix of uses at the time of the report. Valley Point is a 20-storey office tower with a two-storey shopping centre, and Fraser Suites Singapore is a 255-key serviced residence. Both are expected to cease operations on 31 March 2027, according to the joint release cited by EdgeProp. Launch for sale is slated for 2027, with completion in 2031. For the district, that spreads the change over several years rather than a single date: operations end in March 2027, sales are slated to open in the same year, and the finished scheme follows in 2031.
District 10 Redevelopment Notes for Amberwood at Holland Readers
The partnership builds on an earlier step. The same joint venture won the Kallang Close Government Land Sales site in April 2026, a 123,320 sq ft plot on a 99-year lease that is planned for about 470 homes. In June 2026, Frasers Property said it might redevelop the River Valley Road site after restructuring its hospitality assets, including consolidating full ownership of Fraser Suites Singapore.
The land also carries history. EdgeProp noted that it once housed the first aerated water canning facility of Fraser and Neave in Southeast Asia, and that in 1998 it welcomed the first extended-stay serviced residence under Frasers Hospitality. The redevelopment keeps hospitality in the mix through the new 184-unit Fraser Suites, so the riverfront address continues a long record of mixed activity. Frasers Property Singapore's chief executive framed the aim as a distinctive riverfront destination with curated living, hospitality and lifestyle offerings, and the Mitsubishi Estate Asia managing director called it a rare riverfront redevelopment opportunity, as cited by EdgeProp.
Amberwood at Holland in the Wider District 10 Setting
Amberwood at Holland is a 99-year leasehold condominium in District 10, in the Core Central Region, with the lease running from 4 November 2025. It offers 212 homes: 74 three-bedroom, 74 four-bedroom and 64 five-bedroom, in eleven low-rise blocks at 30-52 Holland Link beside Holland Green Linear Park, and it is the first Government Land Sales site released in the Holland Plain precinct. King Albert Park MRT on the Downtown Line is minutes away and is set to become a Cross Island Line interchange when CRL Phase 2 opens, targeted for 2032. The location page sets out the surroundings.
Readers who would like project documents or a conversation about the development can reach the Sales Concierge through the contact page.
Source: EdgeProp, 30 September 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Amberwood at Holland is not affiliated with the parties mentioned.
BSD and ABSD rates for an Amberwood at Holland purchase, a worked BSD example, remission and refund routes, and SSD holding periods, as at October 2026
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