The exciting future of the once-dated Golden Mile Complex was revealed by Perennial Holdings and Far East Organization at a recent press conference. This iconic building will now be known as Golden Mile Singapore, and will be the first large-scale strata-titled conserved building in Singapore, preserving its unique identity as a tropical linear urban complex with brutalist architecture.
Rebranded as The Golden Mile, the building will be transformed into a commercial development consisting of 156 Grade A office units, 19 medical suites, a two-storey retail component spanning 123,388 sq ft, and an architecture centre open to the public. These units will be available for sale this month, although the developers have not yet released any prices for the medical suites and office units.
A new 45-storey residential tower, called Aurea, is also planned for the site where the residential carpark was previously located. This 188-unit condominium will be previewed next quarter.
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CEO of Perennial Holdings, Pua Seck Guan, reminisced about the lively and eclectic retail mix that once characterized Golden Mile Complex in the 1970s. However, over time, the individual ownership of strata units changed the landscape of the development and its status as a prime mixed-use development declined. Pua believes that Perennial Holdings and Far East Organization are determined to restore and elevate the building’s reputation as a next-generation urban complex in Singapore.
The two partners have enlisted the help of DP Architects and Studio Lapis to create a new vision for Golden Mile Singapore. These are the same design teams behind the original concept of Golden Mile Complex. The new development will feature a reduced retail component, with 15% allocated for retail, 48% for office space, and 30% for residential use. The remaining 4% and 3% will be designated for medical suites and the architecture centre, respectively. Additionally, two new urban gardens will be created on the 9th and 18th floors, making use of previously unused spaces in the building.
Golden Mile Singapore will also boast a revamped two-storey retail atrium, complete with an event space and various dining options. The new design aims to bring back natural light and ventilation, creating a more enjoyable shopping experience. These retail units will be curated and retained by the joint venture partners, as retail is not the main focus of the development.
This month, Perennial and Far East will launch the preview of the strata-titled office units at The Golden Mile. There will be six different layouts to cater to a diverse range of end-users. The office suites will each have their own lobby, and new lift cores will be added to support the office floors above. The ground floor will feature a 6m high ceiling and facilities typically found in modern Grade A office developments, such as a concierge and centralised access control.
The building will also feature unique units such as Flagship offices on the 4th to 7th floors, Loft Suites and Loft Executive units on the 4th and 5th floors, and Loft Mezzanine units on the 6th to 15th floors. The top four floors will house the newly built Crown Office units, with panoramic views of the city and bay. Pua hopes that these office units, especially the Loft Mezzanine units, will attract family offices and corporate tenants. Prospective buyers will undergo a screening process to create an ecosystem of tenants from various industries and market segments.
Golden Mile Singapore will be an exceptional mixed-use development, combining heritage and modern elements to create a vibrant and dynamic urban complex. With its prime location and diverse offerings, it is set to become a landmark in Singapore once again.