Katong News Agency to close after 67 years; two-storey shophouse sold for $4.2m

Katong News Agency, owned by Mr Abdul Samad, was once popular with parents and students for its extensive range of school books, novels, magazines and stationery. ST PHOTO: ALPHONSUS CHERN
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SINGAPORE - Katong News Agency, which opened in 1955, is shutting down after 67 years in business.

The 1,386 sq ft, two-storey shophouse was sold for $4.2 million, or at $3,029 per sq ft (psf), in December.

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