112 Katong
Coordinates: 1°18′18″N 103°54′19″E / 1.305018°N 103.905149°E
Katong Mall, before its conversion to 112 Katong. | |
Location | Joo Chiat, Singapore |
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Address | 112 East Coast Road |
Opening date | November 18, 2011 |
Management | Perennial (Singapore) Retail Management Pte. Ltd. |
Owner | Perennial Katong Retail Trust (PKRT)[1] |
No. of stores and services | More than 150 |
Total retail floor area | 207,000 square feet (19,200 m2) |
No. of floors | 7 |
Website | 112 Katong |
112 Katong, formerly Katong Mall,[2] is a 7 storey shopping mall in the east of Singapore located at the intersection of East Coast Road and Joo Chiat Road. The mall opened on 18 November 2011.
Pua Seck Guan, former chief executive of CapitaLand Retail, bought over Katong Mall in a $247.55 million deal. A private trust called Perennial Katong Retail Trust was subsequently formed to buy the mall from Tuan Sing Holdings' Golden Cape Investment. The trust's investors included corporate and institutional investors and Pua.[1]
The total re-development cost of the project is estimated to be S$60 million. The mall is re-developed based on Peranakan concepts.[3][4] Golden Village Katong is also designed based on Peranakan themes.[5]
112 Katong housed high-end Danish furniture store BoConcept after it relocated from Devonshire Road. Cortina Watch which previously has only downtown outlets became the first luxury-watch retailer to have a presence in a suburban mall.[6]
References
- 1 2 "Katong Mall changing hands at $248m". AsiaOne. Retrieved June 15, 2012.
- ↑ "New name for former Katong Mall". The Straits Times. Archived from the original on 2011-03-07. Retrieved June 15, 2012.
- ↑ "I12 Katong adds Peranakan flavour to retail therapy". AsiaOne. Retrieved June 15, 2012.
- ↑ "112 Katong opens". Retrieved June 15, 2012.
- ↑ "Peranakan-inspired GV cinema officially opens". AsiaOne. Retrieved June 15, 2012.
- ↑ "Suburban malls bag high-end tenants". AsiaOne. Retrieved June 15, 2012.