CommercialHOTELDistrict 7 · Downtown Core

Golden Mile Food Centre

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Golden Mile Food Centre is a commercial building in District 7 · Downtown Core, on land zoned HOTEL under the URA Master Plan. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Golden Mile Food Centre.

Ask PropKaki

What are the key facts about Golden Mile Food Centre?

Key takeawayGolden Mile Food Centre is a commercial building in District 7 · Downtown Core, zoned HOTEL.

Asset class: Commercial
Land-use zone: HOTEL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 7 · Downtown Core
Address: 505 Beach Road
Land area: 2,957 sqm
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Submarket: City Hall / Bugis
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Golden Mile Food Centre

Golden Mile Food Centre is a commercial building in Downtown Core (District 07). It is located along Beach Road, Singapore 199583.

Under the URA Master Plan it sits on land zoned hotel. It lies inside the Central Area.

It occupies roughly 2,957 sqm of land with about 6,249 sqm of gross floor area.

30 businesses are currently registered at this address with ACRA.

The nearest MRT is Nicoll Highway MRT, 308 m away (about a 5-minute walk). The closest bus stop (Golden Mile Cplx) is 112 m away (about a 2-minute walk). Suntec City is 937 m away (about a 15-minute walk).

What is Golden Mile Food Centre zoned as?

Key takeawayGolden Mile Food Centre sits on land zoned HOTEL, inside the Central Area.

Land-use zone: HOTEL
Gross plot ratio: Subject to Evaluation
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What does space at Golden Mile Food Centre rent for?

Key takeawayNo rent is published for Golden Mile Food Centre itself. On its street, Beach Road, office space rented at a median of $6.34 psf a month in 2026Q3, with the middle half of leases between $4.53 and $7.80. That is not this building's own rent, and never a quote for a particular unit.

Office space on Beach Road

Street level · 2026Q3

25th pct

$4.53

$48.81 psm

Median

$6.34

$68.23 psm

75th pct

$7.80

$83.96 psm

S$ per sq ft per month · median +5.2% on a year earlier

2023Q4 · $75.37 psm2026Q3 · $68.23 psm median

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 on Beach Road

Street level · 2026Q3

25th pct

$5.08

$54.71 psm

Median

$6.97

$75.04 psm

75th pct

$9.18

$98.77 psm

S$ per sq ft per month · median -5.1% on a year earlier

2023Q4 · $80.00 psm2026Q3 · $75.04 psm median

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).

Retail space — District 7 retail

Region band · 2026Q3

25th pct

$7.09

$76.30 psm

Median

$9.31

$100.25 psm

75th pct

$13.31

$143.24 psm

S$ 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 Food Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

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 Food Centre?

Key takeawayURA's planning decisions at Golden Mile Food Centre since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

11 Mar 2026Approved
Additions & alterations
Proposed additions & alterations works (addition of a new passenger lift) to existing 2-storey hawker centre with a basement (golden mile food centre)
28 Feb 2024Approved
Additions & alterations
Proposed additions & alterations works (addition of a new passenger lift) to existing 2 storey hawker centre with a basement (golden mile food centre)
22 May 2002Approved
Additions & alterations
Proposed addition/alterations to the existing hawker centre with a basement at golden mile food centre

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?

Key takeawayAcross 87 strata sales on Beach Road in the last 5 years, the median is $1,634 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,634

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Golden Mile Food Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)

4.8%

4.3% net of property tax

Rent side (median of bands)

$100.25 psm/mo

2026Q3

Price side (strata, 5y)

$2,348 psf

241 sales

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 Food Centre?

Key takeawayThe nearest MRT/LRT is Nicoll Highway MRT, about 308 m away.

Getting around

Nicoll Highway MRT308 m · ~5 min

Amenities nearby

Hotel · 0 mKampong Glam Community Club · 96 mGolden Mile Food Centre · 97 mGolden Mile Cplx · 112 mGolden Mile Clinic · 118 mPlace Of Worship · 139 mKampong Glam Pk · 154 mNicoll Highway MRT Exit A · 270 mEducational Institution · 396 mDearn Kapag Pte. Ltd. · 499 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Golden Mile Food Centre

Key takeawayThe nearest station is Nicoll Highway (CC5), 269 m away — a quiet station, with about 10,000 taps in and out on an average weekday. 22 public car parks are within 500 m; the cheapest URA season parking nearby is S$125 a month.

Foot traffic: busier than 38% of retail buildings

nearest MRT/LRT Nicoll Highway (CC5) 269 m, about 10,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 10, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 18,000 residents within 1 km (June 2026); 3 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)269 m · about 10,000 weekday taps
Lavender (EW11)548 m · about 39,000 weekday taps
Bugis (EW12 / DT14)850 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 Food Centre. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 1/3/15/17 Beach Road (HDB)151 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 122 car lots
Blk 2 Beach Road (HDB)155 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 22 car lots
Blk 3 Beach Road (HDB)209 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 20 car lots
Blk 13 North Bridge Road Mscp (HDB)232 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 403 car lots
Blk 7 North Bridge Road (HDB)238 m
S$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 Food Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Golden Mile Food Centre?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Golden Mile Food Centre as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
0
Wholesale and retail trade
0
Accommodation and food services
0

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. ACRA, as of 2026-09-16.

Frequently asked questions about Golden Mile Food Centre

Where is Golden Mile Food Centre?⌄

Golden Mile Food Centre is at 505 Beach Road, Singapore 199583, in the Downtown Core planning area.

What is Golden Mile Food Centre zoned as?⌄

Golden Mile Food Centre sits on land zoned hotel under the URA Master Plan.

Have there been any recorded transactions at Golden Mile Food Centre?⌄

No caveats have been lodged for Golden Mile Food Centre in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Golden Mile Food Centre?⌄

Nicoll Highway MRT is the closest, 308 m away (about a 5-minute walk).

How many businesses are registered at Golden Mile Food Centre?⌄

30 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.

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.