Golden Mile Complex
Golden Mile Complex is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 42 years remaining. 1 transaction is on record since 1995, most recently in May 2022. ACRA records 99 live company registrations at this address.
What are the key facts about Golden Mile Complex?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 7 · Downtown Core
- Address
- 5001(Enbloc) Beach Road
- Land area
- 13,209 sqm
- Completed
- 1973 (per EdgeProp)
- Storeys
- Not on record
- Developer
- Perennial Holdings and Far East Organization (per CommercialGuru)
- Submarket
- City Hall / Bugis
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 99
What are the specs at Golden Mile Complex?
- Facilities
- car park
- Source: CommercialGuru
About Golden Mile Complex
Golden Mile Complex is a mixed-use building in Downtown Core (District 07). It is located along Beach Road, Singapore 199588.
Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.
The site is leasehold, with about 42 years remaining on the lease. It occupies roughly 13,209 sqm of land with about 79,577 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$1,147 psf. The most recent was in May 2022.
165 businesses are currently registered at this address with ACRA.
The nearest MRT is Nicoll Highway MRT, 375 m away (about a 6-minute walk). The closest bus stop (Golden Mile Cplx) is 52 m away (about a 1-minute walk).
What is Golden Mile Complex zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Golden Mile Complex
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Golden Mile Complex sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2022 | Retail | S$700.00M | 610,028 sqft | $1,147 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Golden Mile Complex rent for?
Retail space on Beach Road
Street level · 2026Q3S$ per sq ft per month · median -5.1% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Office space on Beach Road
Street level · 2026Q3S$ per sq ft per month · median +5.2% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 7 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 7 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around Golden Mile Complex
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What's been approved at Golden Mile Complex?
- 29 Aug 2024ApprovedAdditions & alterations
Proposed mixed-use development comprising additions & alterations to existing 17-storey conservation building with a basement carpark and 4 additional storeys of new office and new erection of a block of 45-storey residential flats (total 188 units) with 3-basement carparks
- 10 Aug 2022RefusedFloor 2Change of use to nightclub
Proposed change of use of unit #02-XX to nightclub at golden mile complex
- 1 Jul 2022ApprovedFloor 7Change of use: office → live music cafe studio with internet recording
Propose change of use of unit #07-XX from office to live music cafe studio with internet recording at golden mile complex
- 23 May 2022RefusedFloor 2Change of use to restaurant & bar
Proposed change of use of unit #02-XX to restaurant & bar at 5001 beach road - golden mile complex [gmc]
- 18 Apr 2022RenewedFloor 1Continued use as restaurant
Continued use of shop unit #01-XX as restaurant (cafe) at golden mile complex
- 28 Mar 2022RenewedFloor B1Continued use as kitchen to support the eating house
Continued use of unit #B1-XX as a kitchen to support the eating house at #B1-XX at golden mile complex
- 2 Mar 2022RefusedFloor 3Change of use to bar/pub
Proposed change of use of unit #03-XX to bar/pub at golden mile complex
- 10 Feb 2022RenewedFloor 3Continued use as karaoke lounge
Continued use of shop unit #03-XX as karaoke lounge
- 13 Jan 2022ApprovedFloor 3Change of use to restaurant
Proposed change of use of shop unit #03-XX to restaurant at golden mile complex
- 11 Nov 2021RenewedFloor 2Continued use as restaurant
Continued use of shop unit #02-XX as restaurant at golden mile complex
- 8 Oct 2021ApprovedFloor 1Change of use to shop
Proposed change of use of unit #01-XX to shop (minimart) at golden mile complex
- 30 Sept 2021ApprovedFloor 1Change of use: shop → restaurant
Proposed change of use of unit #01-XX from shop to restaurant at golden mile complex
142 earlier change-of-use and A&A decisions are on record since 2000.
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Beach Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Golden Mile Complex?
Indicative area yield — District 7 retail
An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 7 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $93.33 | $113.33 | $165.94 |
| Level 4 & Above · 30 & Below | $69.42 | $79.17 | $140.05 |
| B1 & Below · 30 & Below | $94.66 | $392.16 | $721.70 |
| Level 2 & 3 · 30 & Below | $71.79 | $88.95 | $100.36 |
| Level 1 · >30 - 100 | $84.41 | $129.03 | $192.55 |
| Level 2 & 3 · >30 - 100 | $53.85 | $86.57 | $113.16 |
| B1 & Below · >30 - 100 | $71.03 | $80.88 | $146.17 |
| Level 4 & Above · >30 - 100 | $47.06 | $59.43 | $68.42 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.
What is near Golden Mile Complex?
Getting around
- Nicoll Highway MRT375 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Golden Mile Complex
nearest MRT/LRT Nicoll Highway (CC5) 343 m, about 10,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 9,581 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 18,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Nicoll Highway (CC5)343 m · about 10,000 weekday taps
- Lavender (EW11)543 m · about 39,000 weekday taps
- Bugis (EW12 / DT14)946 m · about 109,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Golden Mile Complex. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with 9,581 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 2 Beach Road (HDB)105 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 22 car lots
- Blk 3 Beach Road (HDB)142 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 20 car lots
- Blk 1/3/15/17 Beach Road (HDB)214 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 122 car lots
- Blk 3/4 Beach Road (HDB)219 mS$0.60 per half-hour at midday on a weekday · 22 car lots
- Blk 7 North Bridge Road (HDB)261 mS$0.60 per half-hour at midday on a weekday
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Public car parks only, by straight-line distance, with the operator's published rates. Golden Mile Complex's own car park, if it has one, and its charges are not in the open data.
Who's registered at Golden Mile Complex?
- Wholesale and retail trade24
- Accommodation and food services22
- Professional, scientific and technical services15
- Construction13
- Administrative and support services6
- Transportation and storage6
- Information and communications3
- Arts, entertainment and recreation3
- Financial and insurance2
- Real estate2
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.
What is Golden Mile Complex's BCA building profile?
- BCA building type
- Retail
- Green Mark
- NA (NA)
- Energy use intensity
- 166 kWh/m²·yr
Frequently asked questions about Golden Mile Complex
Where is Golden Mile Complex?⌄
Golden Mile Complex is at 5001(Enbloc) Beach Road, Singapore 199588, in the Downtown Core planning area.
What is Golden Mile Complex zoned as?⌄
Golden Mile Complex sits on land zoned commercial under the URA Master Plan.
What is the tenure of Golden Mile Complex?⌄
Golden Mile Complex is leasehold. About 42 years remain on the lease.
Is Golden Mile Complex a conserved property?⌄
Yes. Golden Mile Complex falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Golden Mile Complex sold for?⌄
Across 1 recorded transaction, the median price is S$1,147 psf. The latest was in May 2022.
What is the nearest MRT station to Golden Mile Complex?⌄
Nicoll Highway MRT is the closest, 375 m away (about a 6-minute walk).
How many businesses are registered at Golden Mile Complex?⌄
165 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on Golden Mile Complex.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.