112 Katong

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Coordinates: 1°18′18″N 103°54′19″E / 1.305018°N 103.905149°E / 1.305018; 103.905149

112 Katong
Katong Mall.JPG
Katong Mall, before its transformation to 112 Katong.
LocationJoo Chiat, Singapore
Address112 East Coast Road
Opening dateNovember 2011
ManagementPerennial (Singapore) Retail Management Pte. Ltd.
OwnerAlpha Investment Pte Ltd
No. of stores and services160 tenants.
Total retail floor area207,000 square feet (19,200 m2)
No. of floors7
Website112 Katong

112 Katong, formerly Katong Mall and Katong People's Complex, is a seven-storey shopping mall in the east of Singapore located at the intersection of East Coast Road and Joo Chiat Road. The mall opened in November 2011.

History[edit]

Completed in late 1983 as Katong People's Complex, it had an exterior facade resembling a prison cell, such as having exposed blue pipes. It was a strata titled mall back then, comprising a department store and various shops and eateries. There are also numerous medical clinics inside the mall.

In 1995, the facade was revamped and the mall was renamed Katong Mall. The department store was replaced by Cold Storage supermarket, and various education centres occupied the upper floors of the mall. The mall's basements contained an electronics store and various strata titled units.

In 2009, because of bad business, Pua Seck Guan, former chief executive of CapitaLand Retail, bought Katong Mall in a $247.55 million deal as part of an en bloc sale. 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.

The mall closed its doors in mid 2010 for a major makeover, to help revitalize the mall. When it reopened as I12 Katong in late 2011, it featured a Peranakan theme, as a reminder of its location. The mall also featured a cinema, a food court, a gourmet supermarket, banks and more than 150 specialty shops. It also featured a wet and dry playground on the fourth floor.

In early 2016, Keppel Land acquired a 22.4% stake in the mall from the owners at $51.4 million. In May 2016, plans were announced to redevelop the play deck on the fourth floor into an alfresco dining area. There are plans for a non-profit organisation to take up space in the mall too.

External links[edit]