SINGAPORE: Katong Shopping Centre has been put up for collective sale at S$638 million (US$478 million), real estate consultancy Edmund Tie said in a news release on Tuesday (Apr 18).

Located in District 15, the freehold property sits on a corner land plot of 86,924 sq ft, facing both Mountbatten Road and Haig Road. 

The existing building currently comprises a 7-storey podium block and a 5-storey annex block, accommodating a total of 425 strata shop and office units, and a privately held carpark. The total gross floor area of the development is approximately 280,000 sq ft, reflecting a gross plot ratio of 3.223.