Category Archives: Katong-JooChiat

New Quarter in Paya Lebar by 2018

The massive upcoming mixed development in Paya Lebar Central will comprise seven buildings on a 3.9-hectare site. The S$3.2 billion project – Paya Lebar Quarter – will feature a retail mall, three office towers and three private residential blocks.

The developer Lendlease said the development will transform the Paya Lebar area into a “vibrant, pedestrian-friendly city precinct”. Over 200 stores and entertainment options across the seven-storey mall, with about 30 per cent of the tenants being food and beverage operators.

Paya Lebar Quarter has a total gross floor area of about 1.8 million sq ft. About 100,000 sq ft at the development have been set aside as public spaces, and will include cycling path and lush greenery.

The first two anchor tenants to sign up at Paya Lebar Quarter are supermart NTUC Fairprice Finest, which will occupy 22,000 sq ft of space, and foodcourt Kopitiam, which will take up 15,000 sq ft of space. The development will also have about one million sq ft of Grade A office space across three 13- to 14-storey blocks, which can house up to some 10,000 workers.

The office and retail components of the development are expected to be completed in the second half of 2018, while the residential component – the 429-unit Park Place Residences – will be completed only in the first half of 2019.

 

Freehold Katong Apartment @$900psf only

Renovated Duplex/Maisonette in East Coast/Katong area. MIns to i12Katong Mall, famous Katong eateries and short walk to the future MRT station, this is a great buy! 2045 sqft at $1.85M. Spacious. Call David King @ 9477-2121 for more details.

http://www.sgbayhomes.com/20489762

Katong/St Patrick Semi Detached house @$5k+ only

Beautiful katong semi detached house for rent. Near Katong eateries, malls, schools ( Tao Nan, Ngee Ann, CHIJ, St Patrick’s, Victoria School and Junior College). Partially furnished with garden. 4 bedrooms with guest room at level 1. 3800/2800sqft. Available now. Call David at 94772121 for viewing.

http://www.sgbayhomes.com/19593941

Saving Dakota Crescent

On local press recently, there is a group of architects, led by Mr Jonathan Poh, seeking to save parts of Dakota Crescent. Dakota Crescent is one of the oldest public housing estate in the island. The group is submitting a paper to MND to provide various options to save the entire area, as well as conserving parts of the iconic structures in the estate.

Based on the government’s rejuvenation plans for old housing estates, the 17 rental blocks in Dakota Crescent is primed for demolition. The residents have to vacate the area by end of 2016, to either nearby Cassia Crescent or elsewhere if they decide to buy a new flat. The site is reserved for future residential development.

The conservation plan include 8 “butterfly blocks” — curved buildings with 2 perpendicular wings at the back; blocks 10 and 20, which are similar to the already demolished blocks in St Michael’s estate in Whampoa and the Princess and Duchess estates in Queenstown. The flats were built SIT in 1958.

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Katong Shopping Centre may go enbloc again

Katong Shopping Centre (KSC) in Katong/East Coast area is making a third time try at the collective sale market, with a asking price of about $630m. More than 80% of owners have agreed to the proposed sale. CDL owns 60 units and 323 carpark spaces in the mall. KSC is built in 1973, at a cost of $20m to CDL.

The psf price of %2248 is seen high in today’s market. The 86,924 sqft site with plot ratio of 3.0 is zoned for commercial and residential use. The current gross floor area (GFA) is 280,203sqft. The agent responsible for the collective sale, Cushman & Wakefield, is applying to URA for outline permission for full commercial site.

The venue is also a prime ideal for additions and alterations to recreate a landmark mall in Katong. A potential 32K sqft space may be set aside for medical suites. The site is within 500-600m of the future MRT stations of Marine Parade and Amber. The tender is due 8 Sept 2016.

 

 

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Burger King and Long Beach @ East Coast closing next year

After the closing of the McDonald’s outlet in East Coast area in 2012, the latest development in the popular dining area in East Coast will see the moving out of popular eateries and developments in Raintree Cove site. Long Beach Main Seafood restaurant, the only drive-in Burger King outlet, Ju Shin Jung East Korean Charcoal BBQ Restaurant, and Lorna Whiston Pre-school will move out when the lease expires on Feb 28 2017. The landlord, National Parks Board (NPB), will be taking over the space but there are scant details of the development plans. Market talk is that a new concept will replace the current dated structures, to cater for beach-goers.

Thomson-East Coast Line to start building in Q12016

According to LTA announcement yesterday, the Thomson-East Coast Line (TEL) will start construction in this quarter. About $948m of MRT contracts have been awarded for the stations and related tunnels at Tanjong Rhu, Katong Park and Marine Terrace. The construction is slated for completion in 2023. In November last year a contract was awarded to construct Marine Parade station and associated tunnels. The contracts for 5 more TEL stations are yet to be awarded.

Starting from 2019, the TEL will open in stages, with the entire 31-station, 43 km line expected to be fully operational by 2024.