Unlock a Prime Investment Opportunity: Retail Unit for Sale in Historic Katong Shopping Centre
Located at 865 Mountbatten Road in the coveted District 15, this freehold retail unit in Katong Shopping Centre presents investors with a unique chance to own a strata-titled shop in one of Singapore’s most established commercial hubs. With robust foot traffic, strong neighbourhood dynamics, and en bloc potential, this is an ideal asset for investors seeking both attractive returns and significant capital appreciation.
Why Invest in Katong Shopping Centre?
Freehold Tenure: Rare in Singapore commercial property, securing long-term asset value.
Prime East Coast Location: Surrounded by affluent residential estates, reputable schools (Tao Nan, CHIJ Katong Primary), hotels, and the upcoming Marine Parade MRT (just 500m away), ensuring steady customer flow and demand.
Mixed-Use Redevelopment Potential: Zoned for “Commercial & Residential” under the Master Plan 2019, with potential for integrated development, serviced apartments or retail-residential uses.
Strong Rental Return: Consistent demand for commercial spaces within the well-established Katong enclave.
En Bloc & Capital Appreciation Potential
Katong Shopping Centre has a proven track record of en bloc attempts and growing site value:
Four collective sale exercises since 2010, with the latest (2024) reserve price set at S$638million (translating to $2,277 psf per plot ratio).
Developers consistently show keen interest due to its large 86,924sqft freehold plot with dual frontages, and the prospect of building a landmark mixed-use development in the heart of East Coast.
The site can be intensified to accommodate approximately 156 residential apartments plus 112,000sqft of retail GFA under the current URA Master Plan, subject to approval.
Contact us now for viewing or more investment insights on this iconic East Coast opportunity!
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