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Commercial Directory · Office · Retail · District 15

Katong Plaza

4 sales from Oct 2022 to Nov 2023, at a median $2,866 psf (Oct 2022 to Nov 2023).

District 15 At a glance

Median psf, all sales
$2,866
Sales since Oct 2022
4
Latest sale, Nov 2023
$3,716 psf
Tenure
9999-year lease

1 of 2 sellers with a known purchase price sold for more than they paid; the median made 0.2% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20221$2,845
20233$2,887

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

4 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
21 Nov 2023Retail1129$480,000$3,716Resale–––
30 Jan 2023Retail3183$482,000$2,634ResaleJun 2018, $570k-$88k-3.6%
10 Jan 2023Retail2301$870,000$2,887ResaleJun 1996, $310k$560k4.0%
12 Oct 2022Office2344$980,000$2,845Resale–––

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Katong Plaza Questions

How much does a unit at Katong Plaza cost?

4 unit sales at Katong Plaza from Oct 2022 to Nov 2023 went for $2,634 to $3,716 psf, a median $2,866 psf on units of 129 to 344 sq ft. The latest, in Nov 2023, was $480,000 for 129 sq ft ($3,716 psf).

Did sellers at Katong Plaza make money?

1 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $236k, 0.2% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Katong Plaza?

The sales here are office and retail units in District 15 (Rest of Central Region), most on a 9999-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 15 Nearby buildings

All 302 buildings