Golden Mile Complex up for second en bloc bid at S$800 million

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SINGAPORE: The iconic Golden Mile Complex has been put up for collective sale for a second time. The reserve price for the property is S$800 ...

Completed in 1973, the signature step-terraced building located along Beach Road and Nicoll Highway is deemed to have heritage value, and authorities are in the process of exploring options to facilitate conservation.Advertisement

Under URA’s Master Plan 2014, the property is zoned for commercial use. It may be developed as an integrated development comprising retail, office and residential space, as well as serviced apartments and a hotel. “It is possible to integrate the new development sensitively with the old so that the history of the building can enhance the sense of place and bring value to the whole development,” said Ms Chan Hui Min, director of DP Architects, the consultant architect for the development, as appointed by the Collective Sale Committee.

 

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