Katong Shopping Centre
Location | Katong, Singapore |
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Coordinates | 1°18′14″N 103°53′56″E / 1.3039°N 103.8989°E |
Address | 865 Mountbatten Road, Singapore 437844 |
Opening date | 1973 |
Management | Savills Property Management |
No. of stores and services | More than 300 |
No. of anchor tenants | 3 |
Total retail floor area | 90,000 square feet (8,400 m2) |
No. of floors | 7 |
Website | katongshoppingcentre |
Katong Shopping Centre (Chinese:
History
[edit]In mid January 2010, 80% of the 410 owners gave their approval to the en bloc sale. Owners were expected to receive a reserve price of at least $2000 per sq ft.[2]
In August 2011, the mall embarked on its first attempt at an en bloc sale, slated to be completed in mid-2012. But the $445 million deal fell through. Back then, the apportioned value to each owner was an average of $2,000 to $2,800 per square foot.[3]
As of June 2014, there was a second attempt to have an en bloc sale.[citation needed]
In June 2016, there was another attempt at an en bloc sale at a total of $630 million.[4]
Gallery
[edit]-
Facade of Katong Shopping Centre facing The Odeon Katong
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Facade of Katong Shopping Centre
References
[edit]- ^ Gwee, Elizabeth (15 January 1998). "Back to the future for aging malls". The Straits Times.
- ^ Wei, Tan Dawn (12 January 2010). "Ageing malls going for en bloc sale". The Straits Times.
- ^ "Katong Shopping Centre second shot at En Bloc". Channel NewsAsia. 26 June 2014. Retrieved 27 June 2014.[dead link]
- ^ "Katong Shopping Centre up for collective sale at S$630mil". sg.news.yahoo.com. Retrieved 30 January 2023.
External links
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