The Golden Mile
The iconic Golden Mile Complex which will be rename The Golden Mile, is undergoing a remarkable transformation, blending its historic charm with contemporary amenities. Aurea and The Golden Mile will form part of an integrated development called Golden Mile Singapore. Aurea’s 188 residential units will be scheduled for launch in the first quarter of 2025, offering an exciting opportunity for prospective homeowners and investors.
The refreshed Golden Mile Singapore, which includes Aurea, will see retail taking up 15% of the strata area, offices occupying 48%, and 30% set aside for residential use. Meanwhile, the new medical suites and architecture centre comprise the remaining 4% and 3%, respectively.
The architecture Centre will be established under the government’s Community/Sport’s Facilities Scheme, and the joint venture partners have given back 24,994 sq ft to URA for the establishment of this architecture Centre.
This utilizes previously vacant spaces in the former Golden Mile Complex, including the building’s rooftop which will be converted into sky terraces and gardens on levels nine and 18 elevate the experience, emphasizing conservation and sustainability.
Location
The Golden Mile | Commercial Component
The 22-storey Golden Mile will feature 156 strata-titled office units spanning 37,600 sq m, along with 19 medical suites covering 3,000 sqm, each equipped with an en-suite toilet.
Additionally, it will include 11,463 sq m of retail space and a 2,322 sq m architecture center. The office spaces will come in six configurations, with the premium “crown offices” occupying the four new upper floors, offering stunning panoramic views of the Kallang Basin.
Retail & Dining Delights (Level 1 To 2)
The first two floors will offer retail spaces featuring indoor and alfresco dining, alongside an amphitheater for entertainment. A curated mix of lifestyle and F&B options, including a gourmet supermarket, will redefine it as a lifestyle hub.
Medical Suites (Level 3)
Level three offers 19 medical suites with flexible layouts ranging from approximately 47 sqm to 228 sqm for diverse practices. Each suite includes an ensuite washroom and is accessible via passenger and stretcher lifts. Options for vinyl or carpet flooring and grid board ceiling with lighting enhance each suite.
Investment Potential
Investing in medical suites presents unique advantages. The market offers stability, often yielding consistent rental income compared to other commercial properties. With long-term leases common in medical sectors, investors can enjoy a predictable revenue stream.
For healthcare practitioners, owning a medical suite can reduce operational costs and create equity over time. The growing focus on health services further assures a promising future for those venturing into this sector.
**Why Medical Suites are a smart investment in Singapore**
Read more – https://ergsingapore.com/why-medical-suites-are-a-smart-investment-in-singapore/
The Golden Mile Office Breakdown (Level 4 to 22)
The tower boasts 156 strata-titled office units, including premium “crown” offices with skyline views and split-level loft offices with waterfront balconies.
The Flagship Office Unit
- 4th to 7th floors
- Size range from 1,378sqft to 4,682sqft
- Comes with 2 toilets
Loft Suites Office Unit
- 4th floor
- Size range from 958sqft to 2,034sqft
- Comes with full height windows enjoying landscape view overlooking Beach Road
Loft Executive Office Unit
- 5th floors
- Size range from 710sqft to 926sqft
- Comes with full height windows enjoying landscape view overlooking Beach Road
Loft Mazzanine Office Unit
- 6th to 15th floors
- Size range from 1,528sqft to 2,799sqft
- Comes with dual-key layout
- Bay view
- Double volume ceiling (5.4m)
- Balcony
Enterprise Office Unit
- 16th & 17th floors
- Size range from 1,851sqft to 3,122sqft
- Comes with 2 toilets
Crown Office Unit
- 19th to 22nd floors
- Size range from 3,315sqft to 5,393sqft
(Subject to changes by Developer)
Golden Mile’s revival showcases a blend of heritage and innovation, ideal for businesses and investors.
The preview of The Golden Mile will be launching in December 2024.
Contact us for more information on The Golden Mile
Daniel Chng
+65 8752 5515
danielchng@erg.sg
