A Prime Landmark Reimagined for the Next Century
For over three decades, Valley Point at 491 River Valley Road has stood as a quiet neighborhood lifestyle anchor, pairing a boutique shopping mall, an office tower, and the esteemed Fraser Suites Singapore serviced apartments. On 30 September 2026, Frasers Property and Japan's Mitsubishi Estate Asia announced a landmark 51:49 joint venture to redevelop the entire 144,662 sq ft estate into The River Opus.
Development Milestones and Timelines
- Existing Operations Cessation: Commercial leases and hospitality bookings at Valley Point and Fraser Suites will officially cease on 31 March 2027.
- VIP Priority Launch: The residential sales gallery and VIP preview are targeted for February 2027.
- Expected Project Completion: Full redevelopment and handover are slated for 2031.
Transforming Commercial Density into Riverfront Residential Luxury
Under the Master Plan, the site carries a designated Gross Plot Ratio of 3.66, yielding an allowable Gross Floor Area (GFA) of 54,309 sqm (~584,577 sq ft). The joint venture plans to construct four residential blocks yielding approximately 407 to 417 private homes, ranging from efficient 1-bedroom apartments to expansive 4-bedroom residences and sky villas with unblocked riverfront vistas.
Why Institutional Capital Backs River Valley
Soon Su Lin, CEO of Frasers Property Singapore, noted that the joint venture is dedicated to unlocking the highest and best use of this prime freehold/999-year heritage site along the Singapore River. With affluent owner-occupiers prioritizing generous living spaces, private lift lobbies, and serene biophilic surroundings, The River Opus represents the pinnacle of city-fringe living in District 09.