Singapore, 10 August 2026 – Knight Frank Singapore, the exclusive marketing agent, is pleased to offer 188L Tanjong Katong Road for sale via an Expression of Interest (EOI) exercise.

Occupying a prominent corner plot along Tanjong Katong Road, the five-storey freehold building features approximately 25 metres of dual-road frontage that offers exceptional visibility within one of Singapore's most established city-fringe precincts.

Situated on a land area of approximately 2,300 sq ft, the property has an existing floor area of approximately 9,330 sq ft for approved restaurant use on Level 1 and student hostel accommodation on Levels 2 to 5. This rare combination of freehold tenure, corner prominence and dual-use approvals provides immediate operational flexibility while offering long-term appeal to private capital, family offices and accommodation operators.

Strategically located within the rapidly evolving Tanjong Katong–Dakota precinct, 188L Tanjong Katong Road continues to benefit from significant public and private sector investment. Major residential developments including Grand Dunman, Emerald of Katong and Tembusu Grand are expected to expand the area’s residential population, supporting increased demand for retail, dining and lifestyle offerings across the precinct.

The precinct’s growth is further supported by new community infrastructure such as the recently completed THK Nursing Home, the continued growth of the nearby Paya Lebar commercial hub, and excellent accessibility via both Dakota and Tanjong Katong MRT stations, placing the CBD just minutes away.

Against this backdrop, 188L Tanjong Katong Road offers attractive asset enhancement and repositioning opportunities, such as refreshing the building façade to strengthen street presence, upgrading the upper-floor accommodation and curating a more engaging ground-floor experience, collectively enhancing the property's visibility, placemaking appeal and long-term positioning within the precinct.

Complementing these enhancement opportunities, existing restaurant approval provides flexibility to introduce contemporary lifestyle concepts that respond to the precinct's growing residential population, such as destination dining, wellness or pet-friendly offerings, further enhancing the property's placemaking potential.

Subject to the relevant planning and regulatory approvals, purchasers may also explore alternative accommodation concepts on the upper floors, including Serviced Apartment (Type 1 or Type 2) or other specialised accommodation uses, such as a premium confinement centre. Such uses would cater to the expanding residential population generated by Paya Lebar commercial hub, the CBD and the wider city-fringe.

Ms. Dayna Ang (洪慧珊), Senior Manager, Knight Frank Singapore, (高级经理, 莱坊新加坡) “Freehold accommodation assets with existing student hostel and restaurant approvals are exceptionally scarce, particularly within established city-fringe locations where future supply is inherently constrained. As Tanjong Katong continues to evolve into a vibrant mixed-use neighborhood, 188L Tanjong Katong Road offers investors a compelling opportunity to benefit from both the precinct's continued evolution and the asset's repositioning potential. We expect strong interest from private capital and family offices seeking fundamentally scarce real estate with long-term wealth preservation characteristics and clear value creation potential.”

188L Tanjong Katong Road is offered at a guide price of S$23.8 million. The Expression of Interest exercise closes on Wednesday, 16 September 2026 at 3.00 p.m.

Credit: Knight Frank Singapore