Golden Mile Complex

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 0
 0

Sale Price *

Average
S$ 664 psf
Range
S$ 664 - 664 psf

Rental Price **

Average
S$ 2.6 psf pm
Range
S$ 1.6 - 3.7 psf pm

Rental Yield **

4.7%

Rental income expressed as a percentage of the property's value.

Amenities

3.8
3.8

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Golden Mile Complex is a leasehold (99 yrs from 1969) apartment completed in 1974. The development occupies a land area of 13,465 sqm. It consists of 68 units. According to records, buyers of this development are Singaporean 65.5%, PR 15.5%, Foreigner 1.7%, Company 17.2%.

GOLDEN MILE COMPLEX is located along Beach Road in Kallang, in District 7. It is accessible through the nearest MRTs including Nicoll Highway CC5 and Lavender EW11. The nearest schools are TCM COLLEGE (S) and THE RETAIL ACADEMY OF SINGAPORE.

Based on transaction data in the last 12 months, sale prices range from S$ 664 psf to S$ 664 psf at an average of S$ 664 psf. Its highest recorded transaction was S$ 1,015 psf in Oct 2012 for a 926-sqft unit. Its lowest recorded transaction was S$ 119 psf in Oct 2004 for a 926-sqft unit. Its current rental yield is at 4.7%.

Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, MY FIRST SKOOL, ENFANT EDUCARE PTE LTD, and 3 Grocerie(s): LOH NYEN YIU, MAHOTA FOOD PTE. LTD., PRIME SUPERMARKET LIMITED, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ KAMPONG GLAM Blk 462 (KN), PCF Kampong Glam Blk 462, PCF Jalan Besar Blk 806, and 2 Shopping Mall(s): THE CONCOURSE SHOPPING MALL, GOLDEN LANDMARK SHOPPING COMPLEX.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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1
"Should exit Steven rd exchange instead of sim Ave. 2long distance."
S***** A**
Google Review     |   09 Sep 2020
3
"+ Variety of Food is good. +/- Quite a decent number of facilities to do, otherwise not. - Toilets are SUPER SUPER Dirty."
K**
Google Review     |   12 Dec 2020
4
"Covid 19 shuts all leisure travelling overseas, Thailand is no exception. Just drop by to have some authentic Thai foods to satisfy what is like in Thailand. It s value for money"
A********
Google Review     |   09 Nov 2021
4
"Building a bit run down but good stuff here"
J******* L**
Google Review     |   12 Sep 2020
4
"If you venture well in the restaurants of Golden Mile Complex, you will know which ones serve authentic and delicious Thai food. Sad to say, some (the bigger restaurants) just cater to Singaporean palette, which is not authentic. Aim for the smaller and less prominent restaurants, you will be surprised."
C***** B**
Google Review     |   20 Nov 2020
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of GOLDEN MILE COMPLEX (Limited to 10)

Unit Search
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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of GOLDEN MILE COMPLEX
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
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Listings

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Property News

Ghost of Brutalist past: Golden Mile Complex for sale at $800 mil

Property News

Golden Mile Complex may be developed as an integrated development if conserved

Property News

Golden Mile Complex eyes second collective sale at $800 mil

Property News

Beach Road’s changing skyline

Property News

[UPDATE] Golden Mile Complex to be conserved

FAQs about GOLDEN MILE COMPLEX

What is the nearest MRT Station to GOLDEN MILE COMPLEX ?
The nearest MRT Station from GOLDEN MILE COMPLEX is Nicoll Highway CC5 MRT

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