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I12 Katong is a suburban shopping mall located at 112 East Coast Road in the Katong district of eastern Singapore, spanning approximately 210,000 square feet of net lettable area across six retail levels and two basement parking levels. Originally redeveloped and reopened in December 2021 by Keppel Land, the mall positions itself as a lifestyle and food and beverage hub targeting local residents, families, and visitors in the East Coast area, emphasizing community connections, sustainable practices, and multi-experiential retail concepts.

Key features include energy-efficient designs, electric vehicle charging stations, dedicated delivery rider lanes, digital LED screens for family-oriented content, and curated zones for fashion lifestyle, home and living, and family entertainment. Anchor tenants comprise CS Fresh supermarket offering fresh produce and international goods with self-checkout options, Golden Village cinema providing standard and luxury Gold Class screenings integrated with lifestyle activities, and Climb Central rock climbing facility catering to all ages.

The tenant mix includes around 180 stores, with a significant portion dedicated to food and beverage outlets such as PS Cafe, Guzman y Gomez, Malaysia Boleh, and Signature KOI, alongside fashion brands, services, education centers like United World Preschool and Aureus Academy, and specialty retailers like Scoop Wholefoods.

Occupancy rates are estimated at over 95 percent based on suburban mall trends in 2025, supported by limited new supply in the area.

Rent levels for suburban retail spaces in the East range from S$10 to S$20 per square foot per month, with a 0.6 percent quarterly increase in other city areas as per Q2 2025 market data, reflecting moderate growth amid recovering retail sales up 0.6 percent year-to-date.

Accessibility involves bus services along East Coast Road, proximity to Dakota MRT on the Circle Line about 1.5 kilometers away, and upcoming Tanjong Katong MRT on the Thomson-East Coast Line expected in 2026, though current reliance on road transport may pose congestion issues.

Demographic profile targets middle to upper-income households in Marine Parade planning area, with average monthly incomes exceeding S$12,000, family-oriented residents in private and public housing, and tourists drawn to Peranakan heritage and food trails.

Operational quality benefits from post-2021 renovations including enhanced atrium, improved circulation, and green initiatives like recycling programs, but faces potential challenges from e-commerce competition and nearby mall saturation.

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Hours of Operation

Hours

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Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

112 East Coast Road, Singapore, Singapore

Insights

Demographics and Footfall

The Katong area serves a resident population of approximately 200,000 in the Marine Parade planning area, characterized by middle to upper-income households with average monthly incomes above S$12,000 and household sizes of 3 to 4 members, including a mix of families, young professionals, and retirees in condominiums and landed properties. Tourist footfall adds to local traffic, with Singapore attracting over 15 million visitors annually in 2025, many exploring East Coast for cultural heritage and cuisine, though specific mall footfall data indicates moderate volumes compared to central malls, estimated at 1 to 2 million visitors yearly based on suburban benchmarks, potentially impacted by seasonal fluctuations and post-pandemic recovery patterns showing 0.6 percent year-to-date retail sales growth.

Tenant Mix and Occupancy

Tenant composition at I12 Katong emphasizes food and beverage, accounting for about 50 percent of space with diverse options from casual eateries to specialty cafes, complemented by entertainment like cinema and climbing, retail fashion, home goods, and services including fitness and education. Occupancy stands high at around 98 percent as of mid-2025, aligning with suburban averages amid limited supply, though some units may experience turnover due to rent pressures; this mix supports steady performance but highlights dependency on food and beverage categories, which face risks from market saturation and shifting consumer preferences toward online delivery.

Competition and Risks

Nearby competitors include Parkway Parade 0.5 kilometers away with over 250 stores and higher footfall, Kinex and PLQ Mall in Paya Lebar offering integrated office-retail spaces, and smaller centers like Katong V, creating saturation in the East with overall suburban vacancy at 6.8 percent. Rent comparisons show I12 Katong units at S$5,300 to S$38,000 monthly, similar to peers but vulnerable to increases of 1 to 3 percent projected for 2025; challenges encompass e-commerce erosion of physical retail, access limitations without direct MRT connectivity until 2026, potential infrastructure strain from traffic, and economic sensitivities affecting discretionary spending.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
19,200
Year Built
1983
Parking Spaces
500
Average Monthly Footfall
666,667
Owner
DC Reit Holdings
Anchor Tenants
CS Fresh, Golden Village, Wine Connection

Detailed Market Analytics

Primary Catchment Area
Katong and Marine Parade Area
Secondary Catchment Area
East Coast and Bedok Area
Catchment area population
150,000 People
Population growth rate
0.7 %
Median age
42.8 Years
Household size
3.1 People
Education level (tertiary)
60.0 %

Median household income
10,000 SGD/month
Unemployment rate
2.1 %
Cost of living index
85 Index

Retail spending per capita
12,000 SGD/year
Spending on apparel
1,500 SGD/year
Spending on groceries
3,000 SGD/year
Spending on electronics
1,200 SGD/year

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
1,800 SGD

Number of retail stores
160 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Medium
Tenant diversity
High
Unique Concepts
Yes

Gross Leasable Area
19,200 sqm
Number of Levels
7 Levels
Average rent per square meter
40 SGD/month
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
1,000 m2

Proximity to main roads
High
Public transport access
Yes
Parking spaces
500 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
High
Internet penetration
96.0 %

Retail crime rate
Low
Security measures
Standard

Promotional events
Yes
Loyalty program penetration
Medium
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
Yes
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