Tag Archives: katong shopping centre

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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Shopping Malls in Katong

Shopping is hip in Katong. Don’t need to dress up elaborately as if you are to shop in Orchard. Here are shops aplenty in your casual and smart casual wear. From the evergreen of Parkway Parade to the new mall of i12 Katong mall, Katong is home to some of the most notable shopping belts in the east. Niche malls like Leisure Park and neighborhood shopping centers like Roxy Square, Katong Shopping Centre, and East Coast Shophouses provide via ours options as well. One value-add for guys is you can get a haircut with wash option for $16 or lesser in a hair salon.

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Katong Shopping Centre

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Office space for rent in Katong Shopping Centre @ $2.xK only. Various sizes available

Prime space in Katong! Various sizes available from 571 to 1432sqft. Asking psf is about $4psf. Glass door.

One unit at 1432 sqft comes with waterpoint.

Available now. Call King for viewing @ 94772121!

http://www.sgbayhomes.com/19331676

Katong Shopping Centre (Chinese: 加东购物中心) is a shopping mall located along Mountbatten Road in Singapore. Established in 1971 and opened to the public in 1973, it is the first air-conditioned mall in Singapore. Katong Shopping Centre is situated around Odeon Theater, Church of the Holy Family, and Roxy Square, as well as several hotels, such as Paramount Hotel and the Grand Mercure Roxy Hotel. The aging mall was once home to mostly textile, shoe and food outlets, and now houses a large number of services which include tailoring, photocopying/printing and several employment agencies.

Russians are coming to Singapore in droves

More Russians are choosing Singapore as a vacation destination, and those who come tend to splurge on high-end accommodation and luxury goods.

Figures from the Singapore Tourism Board (STB) show that between January and August this year, almost 63,500 people from the Commonwealth of Independent States (CIS), which includes several countries such as Russia, Ukraine and Kazakhstan, had visited Singapore.

That was a 20 per cent year-on-year increase.

The Straits Times understands that most of these visitors were from Russia and, in particular, the capital city of Moscow.

Last year, the average Russian visitor was 36 years old, stayed here for four days and spent $1,456, making this group one of the highest spenders among all visitors here.

“Singapore has always been part of the Asian itinerary for Russians who are increasingly interested in the region,” said STB’s area director for Russia and Eastern Europe, Mr Raymond Lim.

Their visits here are usually paired with trips to places in the region, such as Thailand or Malaysia.

The Russians tend to be repeat visitors, according to travel agency Global Singapore, which helps 20 per cent of all CIS visitors to Singapore apply for visas.

The agency’s managing director, Ms Oksana Scott, said an increasing number also come here for medical services such as dental or cosmetic surgery.

The number of Russian visitors typically rises further from now until March, when they escape the harsh winter at home by travelling to South-east Asia. Russians also enjoy a nearly two-week-long New Year break, which allows many to take vacations farther from home.

For those who come to Singapore, they like to travel in style and prefer high-end hotels.

The Ritz-Carlton, Millenia Singapore, for instance, has seen a 67 per cent jump in Russian guests over the past year.

They spend on hotel suites, dining and alcohol, as well as luxury services such as spa treatments, butler-drawn baths and limousine transfers, said Ms Nathalyn Fong, the hotel’s director of public relations and marketing communications.

The rising number of Russian visitors has prompted hotels here to offer services that would make their guests feel more at home.

Four Seasons Hotel in Orchard, for example, has Russian-speaking employees, while Marina Mandarin recently introduced Russian vodkas at its lounge.

Russian visitors are also fans of luxury shopping. Italian luxury menswear company Uomo Group, which has six boutiques at The Shoppes at Marina Bay Sands, said the Russians are willing to spend on quality goods and good service.

“They are carefree spenders and will buy whatever looks nice on them and fits well,” said its chief executive, Mr Johnny Manglani.

All the directors at the group speak Russian and are trained in customer service in Moscow, Mr Manglani added.

Ms Ksenya Smirnova, who is from St Petersburg, visited Singapore for her honeymoon last February. She said it was Singapore’s reputation as a “country of the future, with modern architecture and no garbage” that drew her here.

She was here for three days after visiting Malaysia, and stayed at Marina Bay Sands hotel.

“It is a really modern country. I can imagine myself living there,” said the 26-year-old housewife. “Will I visit Singapore again? Yes, why not? Three days are not enough to explore Singapore.”

– See more at: http://travel.asiaone.com/article/news/russians-are-coming#sthash.NCndWcMD.dpuf

$720K for a freehold property in Katong. Also for rent at $2.9K

Katong is the evergreen residential estate in Singapore. Mountbatten Suites is a low-rise development near the eateries of Katong. Minutes drive to CBD, Orchard Road and Airport, 441 sqft. Vacant now. Great investment choice in D15. Asking only $720K. Now with the announcement of the TEL line, the potential in the area is tremendous. The nearest station is at nearby Amber Road. Also for rent at $2.9K

Call 94772121 for more details.

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http://www.propertyguru.com.sg/listing/14693040/for-sale-mountbatten-suites

Katong Estate: Mountbatten Road

Mountbatten, Singapore is an estate within Kallang near to Marine Parade. Its total area size is 161 hectares. It is essentially a residential estate of posh bungalows and landed houses, Apartments and condos. There is a small HDB estate along Jalan Batu area. The estate is named after Lord Louis Mountbatten. Mountbatten MRT station is a station on the Circle Line.

The Mountbatten Road, however, stretches all the way from Kallang to the Katong area. There are several notable landmarks along Mountbatten Road, including the Katong CC (formally Mountbatten CC), Goodman Arts Centre (former Lasalle school), Sin Hoe Hotel and Katong Shopping Centre (at the end of Mountbatten Road).

 

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