Katong Point at Joo Chiat Road for sale at $100m

The commercial building is located near the upcoming train station.

Homebuyers may be interested in buying a four-storey freehold commercial building, Katong Point, located at 451 Joo Chiat Road, which will be on sale on 26 October.

According to Cushman & Wakefield, the building costs $100m and is near the Marine Parade Mass Rapid Transit Station, which is still under development.

READ: Shophouse transaction volume drops 49.3% QoQ in Q3

Katong Point, which also has a basement carpark, offers food & beverage, lifestyle, wellness, education, and childcare services in communities in Katong, Marine Parade, and Mountbatten neighbourhoods.

The property is approximately 13,346 square feet (sq. ft.) and a gross floor area of over 47,540 sq. ft.

Foreigners are qualified to buy the property with no Additional Buyer's Stamp Duty (ABSD) and Seller's Stamp Duty (SSD) payable because Katong Point is zoned as commercial.

Also, an “in-principle approval for further strata subdivision had previously been obtained."

Follow the link for more news on

Cushman & Wakefield

property for sale

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia