Business Review Singapore GOLDEN MILE COMPLEX 黄金坊 REAL ESTATE Golden Mile Complex was a S$700 million acquisition by Perennial Holdings and its joint venture (“JV”) partners Sino Land and Far East Organization. The acquisition marked the first collective sale of a largescale strata-titled conserved building in Singapore. The heritage-rich integrated development is expected to comprise office, medical, retail, and residential components. Strategically located, Golden Mile Complex commands a dual frontage along Beach Road and Nicoll Highway, with panoramic city and sea views. This iconic building, situated on a prominent plot, enjoys unparalleled access to the CBD and Marina Bay. Within a stone’s throw are a Brutalist architecture, which was popular in the 1960s, with defining features of the building, including terraced floor slabs, slanted beams, towering columns and “floating” staggered staircases. Gazetted for conservation by the Urban Redevelopment Authority of Singapore, Golden Mile Complex will be sensitively restored. Special attention will be paid to retaining the main building’s signature terraced profile and many key features. With a strong track record in conservation projects and large-scale integrated developments, Perennial Holdings is wellpositioned to bring a new lease of life to the Golden Mile Complex. Photo by Darren Soh variety of amenities as well as heritage-rich areas of Haji Lane and Kampong Gelam precinct, which are popular with locals and tourists. This area is vibrant with culture and lively nightlife. For sports enthusiasts, nearby recreational options include Kallang Riverside Park, the Singapore Sports Hub and the East Coast Park, accessible within a 15-minute drive. Developed shortly after Singapore’s independence in 1965 and completed in 1973, Golden Mile Complex stood as one of the nation’s earliest megastructures that has shaped the visual character of Singapore’s built landscape. It is also considered one of the finest examples of 48 PERENNIAL HOLDINGS PRIVATE LIMITED
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