Frasers Property also fully owns 51 Cuppage Road, a 10-storey office building linked directly to The Centrepoint. SINGAPORE: Frasers Property has been awarded the collective sale tender for the rear block of The Centrepoint for S$391.9 million (US$309 million), in a move the group said on Friday (Feb 27) will strengthen its presence on Orchard Road. The tender price translates to a land rate of around S$2,577 per sq ft per plot ratio, after including lease top-ups and land betterment charges.