Golden Mile Complex is a mixed development gazetted for conservation in Oct 2021 after it launched a collective sale. Sold in 2022 for $700 million to consortium comprising Perennial Holdings, Sino land and Far East Organisation. Asking $800 million in 2019 but no bids.
URA incentives - allow developers to build a new tower block about 30 storeys high beside the main conserved building. Tax incentives provided, lowering development costs.
Wednesday, February 7, 2024
5621. Golden Mile Complex
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