Katong Shopping Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Katong Shopping Centre is a freehold industrial property. The development occupies a land area of 8,075 sqm and a Gross Floor Area of 26,013 sqm.

KATONG SHOPPING CENTRE is located along Mountbatten Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Marine Parade TE26 and Amber TE25. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, TANESEI RETAILING PTE. LTD., and 3 Shopping Mall(s): Katong Shopping Centre, The Odeon Katong, Katong V.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,645 psf in Oct 2012 for a 323 sqft unit for Office, S$ 3,908 psf in Mar 2024 for a 312 sqft unit for Shop. Its lowest recorded transaction was S$ 1,360 psf in Feb 2024 for a 441 sqft unit for Office, S$ 2,165 psf in Nov 2023 for a 3,326 sqft unit for Shop.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"An old shopping mall but provide maid and printing services...The food court at basement has good variety"
S***** E** T***
Google Review     |   08 Jul 2022
3
"A really old mall, but which has a surprising good mix of shops covering employment agencies, music stores, food places and sports clubs."
B**** T**
Google Review     |   05 Jul 2022
4
"A unique shopping complex filled with karaoke stores, gift shops, spas and certain unconventional stores, this place is a great getaway for people who are bored of generic shopping malls with generic shops. Theres a nice bar and a basement food court to satisfy your thirst or hunger pangs."
T*****
Google Review     |   10 Jun 2022
5
"Old building but still lively with eclectic shops for food, optical, domestic help, clothing etc"
M****** L***********
Google Review     |   07 May 2022
1
"Dead town"
K*** S**** H** B****
Google Review     |   13 Sep 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Mountbatten Road

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Asking Price of KATONG SHOPPING CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Mountbatten Road

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Price Comparison with Nearby Properties (UP to 10)

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Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Property News

Foreigners need approval to purchase ‘Commercial & Residential’ sites, say MinLaw, SLA

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Katong Shopping Centre relaunched for collective sale at unchanged price of $638 mil

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Katong Shopping Centre up for collective sale at $638 mil

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