Katong Shopping Centre
Details
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*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 commercial property. The development occupies a land area of 8,081 sqm and a Gross Floor Area of 24,244 sqm.
KATONG SHOPPING CENTRE is located along Mountbatten Road in Marine Parade, in District 15. Other nearby amenities include: 3 Childcare Centre(s): CHAMPZ SCHOOL HOUSE PTE. LTD., SHAWS CDLC @ MOUNTBATTEN PTE LTD, CHERIE HEARTS @ EASTGATE PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, TANESEI RETAILING PTE. LTD., and 3 Kindergarten(s): Dreamkids Kindergarten @ East Gate Pte Ltd, St. Hilda's Church Kindergarten, Seeds D' Learning House, and 3 Shopping Mall(s): KATONG SHOPPING CENTRE, THE ODEON KATONG, KATONG PLAZA.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,194 psf in Dec 2021 for a 172 sqft unit for Office, S$ 3,515 psf in May 2022 for a 323 sqft unit for Shop. Its lowest recorded transaction was S$ 1,548 psf in Sep 2021 for a 517 sqft unit for Office, S$ 3,221 psf in Oct 2021 for a 161 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.
KATONG SHOPPING CENTRE is located along Mountbatten Road in Marine Parade, in District 15. Other nearby amenities include: 3 Childcare Centre(s): CHAMPZ SCHOOL HOUSE PTE. LTD., SHAWS CDLC @ MOUNTBATTEN PTE LTD, CHERIE HEARTS @ EASTGATE PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, TANESEI RETAILING PTE. LTD., and 3 Kindergarten(s): Dreamkids Kindergarten @ East Gate Pte Ltd, St. Hilda's Church Kindergarten, Seeds D' Learning House, and 3 Shopping Mall(s): KATONG SHOPPING CENTRE, THE ODEON KATONG, KATONG PLAZA.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,194 psf in Dec 2021 for a 172 sqft unit for Office, S$ 3,515 psf in May 2022 for a 323 sqft unit for Shop. Its lowest recorded transaction was S$ 1,548 psf in Sep 2021 for a 517 sqft unit for Office, S$ 3,221 psf in Oct 2021 for a 161 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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Sales Transaction of Mountbatten Road (Limited to 10)
Source: URA, https://www.edgeprop.sg
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Rental Transactions of Mountbatten Road
Source: URA, https://www.edgeprop.sg
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Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
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Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
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