Katong Plaza to be put up for collective sale at S$188m

Singapore

FREEHOLD Katong Plaza will be launched for collective sale on June 7, 2018, with a S$188 million expected price, sole marketing agent Huttons Asia said on Tuesday, with the public tender closing at 2pm on July 16.

The expected price - of which 80 per cent goes to commercial owners and 20 per cent goes to residential owners - translates to S$1,969 per square foot per plot ratio (psf ppr) for the mixed development, with S$13 million development charge added.