CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 15 · Marine Parade

Katong Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Katong Shopping Centre is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 326 transactions are on record since 1995, at a median S$1,490 psf, most recently in Sept 2026. 73 units are currently listed for sale or rent. ACRA records 320 live company registrations at this address.

The facts are here — now get the verdict on Katong Shopping Centre.

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What are the key facts about Katong Shopping Centre?

Key takeawayKatong Shopping Centre is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL & RESIDENTIAL, held freehold.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 15 · Marine Parade
Address: 865 Mountbatten Road
Land area: 8,075 sqm
Completed: Not on record
Storeys: Not on record
Strata units (MCST): 410
Managing agent: WISELY 98 PTE LTD
Strata formed: 1981 (MCST 0557)
Submarket: City Fringe
Units with a recorded sale: At least 188
Listed as: Other Retail, Shop / Shophouse, Mall Shop
Transactions on record: 326 (records start 1995)
Live listings: 73
ACRA registrations: 320

What are the specs at Katong Shopping Centre?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: 24-hour security; Source: CommercialGuru

About Katong Shopping Centre

Katong Shopping Centre is a commercial building in Marine Parade (District 15). It is located along Mountbatten Road, Singapore 437844.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is freehold. It occupies roughly 8,075 sqm of land with about 26,013 sqm of gross floor area.

324 transactions have been recorded here, at a median of S$1,474 psf. The most recent was in May 2026.

504 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 458 m away (about a 7-minute walk). The closest bus stop (Katong Shop Ctr) is 31 m away (about a 0-minute walk).

What is Katong Shopping Centre zoned as?

Key takeawayKatong Shopping Centre sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.

Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 3.0

Run the full zoning report for this building →

What has Katong Shopping Centre sold for?

Key takeawayAcross 326 recorded transactions since 1995, the median price is about S$500k, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Office	S$780k	441 sqft	$1,767
Jul 2026	Retail	S$1.50M	388 sqft	$3,871
May 2026	Retail	S$950k	377 sqft	$2,522
May 2026	Retail	S$560k	172 sqft	$3,252
Apr 2026	Retail	S$555k	205 sqft	$2,714
Mar 2026	Office	S$900k	517 sqft	$1,742
Feb 2026	Retail	S$1.21M	323 sqft	$3,741
Jan 2026	Retail	S$700k	215 sqft	$3,252
Dec 2025	Office	S$639k	161 sqft	$3,957
Nov 2025	Retail	S$625k	172 sqft	$3,629

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Katong Shopping Centre rent for?

Key takeawayNo rent is published for Katong Shopping Centre itself. On its street, Mountbatten Road, office space rented at a median of $3.71 psf a month in 2026Q3, with the middle half of leases between $3.26 and $4.66. That is not this building's own rent, and never a quote for a particular unit.

Office space on Mountbatten Road

Street level · 2026Q3

25th pct

$3.26

$35.09 psm

Median

$3.71

$39.95 psm

75th pct

$4.66

$50.21 psm

S$ per sq ft per month · median -23.6% on a year earlier

2023Q4 · $34.25 psm2026Q3 · $39.95 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Mountbatten Road

Street level · 2026Q3

25th pct

$5.13

$55.20 psm

Median

$9.29

$100.00 psm

75th pct

$11.94

$128.48 psm

S$ per sq ft per month · median +17.6% on a year earlier

2023Q4 · $72.22 psm2026Q3 · $100.00 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 15 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Katong Shopping Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Katong Shopping Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 28 units for rent; 45 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 4 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 4 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Katong Shopping Centre?

Key takeawayURA has approved 99 changes of use at Katong Shopping Centre since 2000, most recently in 2026, and refused 11. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

4 Sept 2026RenewedFloor 2
Continued use as massage establishment
Continued use of unit #02-XX as massage establishment at katong shopping centre
17 Jun 2026ApprovedFloor B1
Change of use to shop
Proposed change of use of unit #B1-XX to shop
12 May 2026RenewedFloor 2
Continued use as massage establishment
Continued use of unit #02-XX as massage establishment at katong shopping centre
8 May 2026Agency worksFloor 1
Change of use to commercial school
Lodgment for proposed use of unit #01-XX as commercial school
5 Feb 2026RenewedFloor B1
Change of use
Continued use of outdoor refreshment area for unit #B1-XX katong shopping centre
9 Jan 2026Agency worksFloor B1
Change of use to office
Lodgment for proposed use of unit #B1-XX as office
22 Dec 2025ApprovedFloor B1
Change of use: shop → restaurant
Proposed change of use of unit #B1-XX from shop to restaurant
3 Dec 2025RenewedFloor B1
Change of use
Continued use of outdoor refreshment area (ora) to units #B1-XX and #B1-XX
24 Nov 2025RefusedFloor B1
Change of use to nightclub
Proposed change of use of unit #B1-XX to nightclub
24 Nov 2025RefusedFloor B1
Change of use to nightclub
Proposed change of use of unit #B1-XX to nightclub
17 Nov 2025ApprovedFloor B1
Change of use
Proposed expansion of existing outdoor display area for unit #B1-XX
30 Sept 2025RenewedFloor B1
Change of use
Continued use of outdoor refreshment area (ora) to unit #B1-XX of katong shopping centre on lot 03647c mk25 at 865 mountbatten road

166 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Mountbatten Road price?

Key takeawayAcross 39 strata sales on Mountbatten Road in the last 5 years, the median is $3,252 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$3,252

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Katong Shopping Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is available at Katong Shopping Centre right now?

Key takeaway73 units are currently listed at Katong Shopping Centre — 45 for sale and 28 for rent. One row per unit; several agents often market the same unit.

For sale (45)

Katong Shopping CentreS$1.17M · 333 sqft
Katong Shopping CentreS$1.55M · 387 sqft
Katong Shopping CentreS$2.09M · 506 sqft
Katong Shopping CentreS$900k · 194 sqft

For rent (28)

Katong Shopping CentreS$2k/mo · 355 sqft
Katong Shopping CentreS$4k/mo · 344 sqft
Katong Shopping CentreS$3k/mo · 1,012 sqft
Katong Shopping CentreS$5k/mo · 387 sqft

Browse every listing at this building →

What is near Katong Shopping Centre?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 459 m away — and 3 competing retail premisess operate nearby.

Getting around

Marine Parade MRT459 m · ~7 min

Amenities nearby

Chan Family Clinic · 17 mKatong Shop Ctr · 31 mEducational Institution · 131 mHotel · 171 mPlace Of Worship · 212 mHaig Walk (Geylang Rd-Dunman Rd) · 302 mMarine Parade MRT Exit 2 · 420 mJoo Chiat Community Club · 534 mMarine Parade Polyclinic · 759 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Katong V · 199 mNTUC Fairprice Co-operative Ltd · 222 mBlk 84 Marine Parade Central · 614 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Katong Shopping Centre

Key takeawayThe nearest station is Marine Parade (TE26), 420 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 6 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 11% of retail buildings

nearest MRT/LRT Marine Parade (TE26) 420 m, about 23,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 14,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 3 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Marine Parade (TE26)420 m · about 23,000 weekday taps
Tanjong Katong (TE25)544 m · 6,135 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Katong Shopping Centre. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Ean Kiam Place (URA)157 m
S$0.60 per half-hour at midday on a weekday · 26 car lots
Joo Chiat Area (Haig R Oad-Telok Kurau Road) (URA)176 m
season S$90/month
East Coast Rd (Haig Rd - Telok Kurau Rd) (URA)181 m
S$0.60 per half-hour at midday on a weekday · 63 car lots
Marshall Rd (URA)224 m
S$0.60 per half-hour at midday on a weekday · 37 car lots
Ceylon Rd (URA)271 m
S$0.60 per half-hour at midday on a weekday · 11 car lots

Public car parks only, by straight-line distance, with the operator's published rates. Katong Shopping Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Katong Shopping Centre?

Key takeaway320 live companies (and LLPs and branches; sole proprietors are not counted) list Katong Shopping Centre as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
64
Administrative and support services
59
Professional, scientific and technical services
37
Construction
25
Financial and insurance
23
Education
19
Real estate
18
Manufacturing
13
Accommodation and food services
13
Transportation and storage
12

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Katong Shopping Centre

Where is Katong Shopping Centre?⌄

Katong Shopping Centre is at 865 Mountbatten Road, Singapore 437844, in the Marine Parade planning area.

What is Katong Shopping Centre zoned as?⌄

Katong Shopping Centre sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Katong Shopping Centre?⌄

Katong Shopping Centre is freehold.

What have units at Katong Shopping Centre sold for?⌄

Across 324 recorded transactions, the median price is S$1,474 psf. The latest was in May 2026.

What is the nearest MRT station to Katong Shopping Centre?⌄

Marine Parade MRT is the closest, 458 m away (about a 7-minute walk).

How many businesses are registered at Katong Shopping Centre?⌄

504 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.