Conserved building Golden Mile Complex sold en bloc for S$700 million to consortium

Conserved building Golden Mile Complex sold en bloc for S$700 million to consortium

Channel NewsAsia - Commentary·2022-05-06 20:01

SINGAPORE: Golden Mile Complex has been sold for S$700 million to a consortium comprising Perennial Holdings, Sino Land, and Far East Organization, its sole marketing agent Edmund Tie said on Friday (May 6).

This comes after the agent received “overwhelming support” for the sale – garnering more than 80 per cent of owners’ consent in terms of both strata area and share value within a “record time of 15 days”, it said in a letter to owners in April.

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