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Katong Plaza relaunched for collective sale with approval for hotel use

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The asking price for Katong Plaza is S$188 million, which works out to a land rate of S$1,968 psf ppr.

Singapore

KATONG Plaza - currently zoned for commercial and residential use - has obtained approval from the Urban Redevelopment Authority (URA) for hotel use at a gross plot ratio of 3.0.

The freehold site has a land area of 34,044 square feet and a total allowable maximum gross...

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