Perennial Holdings and Far East Organization have revealed their plans for the transformation of the former Golden Mile Complex, now known as Golden Mile Singapore. The development partners announced the preview of the strata-titled commercial units, as well as a new residential tower called Aurea.
The iconic building, with its distinctive brutalist architecture, will be renamed The Golden Mile and will feature 156 Grade A office units, 19 medical suites, a two-storey retail component, and a public access architecture centre. This marks the first time a large-scale strata-titled conserved building has been preserved in Singapore.
According to Perennial CEO Pua Seck Guan, the building’s profile has changed over the years due to the strata-titled ownership, leading to its decline as a prime mixed-use development. However, the joint venture partners are determined to revive and elevate its status as a next-generation urban complex in Singapore.
They have collaborated with DP Architects and Studio Lapis to create a new vision for Golden Mile Singapore, which will see a decrease in retail space and an increase in office and residential units. Two new public access urban gardens will also be introduced on the 9th and 18th floors, utilizing previously vacant areas in the building.
The revamped two-storey retail atrium will feature natural light and ventilation, returning the shopping experience to its original design. Retail units will not be available for sale and will be curated by the joint venture partners instead.
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The preview of the strata-titled office units will be launched this month, featuring six different layouts to cater to a wide variety of end-users. The units will also come with a dedicated office lobby, new lift cores, and facilities such as a concierge and centralised access control.
Aurea, the new 45-storey residential tower, will be developed on the former residential carpark site and is set to be previewed in the next quarter. The entire development is set to feature an attractive mix of tenants, from corporate tenants to family offices, creating a diverse and dynamic ecosystem.