Golden Mile Complex For Sale At $800 Million
Golden Mile Complex presents developers an opportunity to create a landmark development Golden Mile Complex , a landmark commercial property with a step-terraced building design along Beach Road , has been put up for collective sale with a reserve price of $800 million, revealed marketing agent Edmund Tie & Company (ET&Co). Nestled on a 1.3ha site zoned commercial under the 2014 Master Plan, the property offers dual frontage along Nicoll Highway and Beach Road . It is strategically located near Nicoll Highway MRT station on the Circle Line, just outside the ERP zone. Situated within the Beach Road /Ophir-Rochor Corridor, Golden Mile Complex presents developers an opportunity to create a landmark development that integrates work, live and play elements, said ET&Co. As such, the differential premium to intensify land use and lease upgrading premium to top up the lease to 99 years will depend on the proposed land use mix of the developer. “The new Golden Mile Comp...