99-yearCCRDistrict 7 (Downtown Core)

Golden Mile Complex

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2020 (URA)
Quick Summary

Golden Mile Complex is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 1974, with 68 units. Across 57 transactions on record, units have recently transacted around S$1.22M (S$638 psf, ~2,196 sqft). There are 4 units for sale from S$1.92M to S$4.08M. The lease has approximately 42 years remaining.

Key facts about Golden Mile Complex
Tenure99-year leasehold from 1969 (≈42 years left)
TOP year1974
Units68
District and areaDistrict 7 · Downtown Core · CCR
Nearest MRTNicoll Highway MRT, 375 m (~6 min walk)
Latest median psfS$638 psf, last 12 URA caveats to May 2020
1

What's for sale and for rent at Golden Mile Complex?

Key Takeaway

Golden Mile Complex has 4 units listed for sale, asking S$1.92M to S$4.08M, and 0 units for rent.

For sale

4 listings

S$1.92M – S$4.08M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$1.92M–S$1.92M
2-bedroom1S$2.67M–S$2.67M
3-bedroom1S$2.67M–S$2.67M
4-bedroom1S$4.08M–S$4.08M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Golden Mile Complex?

Key Takeaway

Floor plans for Golden Mile Complex aren't in PropKaki's library yet. Across 57 URA caveats, units range from 926 sqft to 8,687 sqft, and the middle half are 926 sqft to 2,196 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom710 sqftS$1.92M
2-bedroom1,001 sqftS$2.67M
3-bedroom1,001 sqftS$2.67M
4-bedroom1,442 sqftS$4.08M

Check the Floor Plan Finder for Golden Mile Complex →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Golden Mile Complex?

Key Takeaway

Units have recently transacted around S$1.22M (S$638 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.22M

recent · 57 sales on record

Median PSF

S$638 psf

recent transactions

Median rent (monthly)

S$2,521

276 rentals on record

Gross rental yield

2.5%

indicative, gross

Source: URA caveat data, through May 2020.

4

What has recently sold at Golden Mile Complex?

Key Takeaway

Golden Mile Complex has 57 recorded sales; the most recent transacted at S$1,458,890 in May 2020 (URA caveat data).

DatePriceSize (sqft)PSF
May 2020S$1,458,8902,196S$664 psf
Mar 2020S$1,250,0002,228S$561 psf
Jul 2017S$680,000926S$735 psf
Apr 2015S$1,400,0002,196S$638 psf
Jul 2014S$1,218,0002,196S$555 psf
Oct 2012S$940,000926S$1,015 psf
Apr 2012S$1,537,0002,196S$700 psf
Sept 2011S$850,000926S$918 psf
Sept 2009S$1,450,0002,196S$660 psf
Jun 2009S$565,000926S$610 psf
Apr 2009S$300,000926S$324 psf
Jun 2008S$1,400,0006,426S$218 psf

57 sales and 276 rentals on record since May 1995. Source: URA.

5

Are prices at Golden Mile Complex rising?

Key Takeaway

The median transacted PSF at Golden Mile Complex has risen 172% over the past 21 years (19992020), from S$206 psf to S$561 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$561 psfS$1.25M2-19.9%
2012S$700 psfS$940k2+14.8%
2009S$610 psfS$565k3+157.4%
2005S$237 psfS$360k5+4.4%
2004S$227 psfS$210k4-23.6%
2003S$297 psfS$295k3-5.1%
2002S$313 psfS$305k3-8.2%
2001S$341 psfS$330k2+24.5%
2000S$274 psfS$610k4+33.0%
1999S$206 psfS$450k4

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Golden Mile Complex a good investment?

Key Takeaway

Of 21 units at Golden Mile Complex that were bought and later resold (bought from 1995, resold up to 2020), 52% sold for more than they were bought for, with a median gain of 1% over a median 5.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

52%

of 21 resales here

Median gain

1%

gross, before costs

Median hold

5.5 years

bought to resold

Every unit at Golden Mile Complex with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Golden Mile Complex and what's nearby?

Key Takeaway

Golden Mile Complex is located in Downtown Core, in the Central Region of Singapore.

Golden Mile Complex is a 99-year apartment completed in 1974. The development has 68 residential units. It sits on a land area of 13,465 sqm.

GOLDEN MILE COMPLEX is located at 5001 Beach Road, Singapore 199588. It is part of District 07, Middle Road / Golden Mile, Downtown Core. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Nicoll Highway MRT, approximately 375m away, around 6 minutes on foot. Nearby amenities include Kallang Wave Mall for shopping, DEARN KAPAG PTE. LTD. for groceries, Golden Mile Food Centre for food options, and Kampong Glam Pk for greenery and recreation. Facilities in the development include Car Park and Main entrance.

8

How far is Golden Mile Complex from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Golden Mile Complex is Nicoll Highway MRT, about 375 m away (~6 min walk).

Getting around

Schools nearby

  • School Of The Arts, SingaporeMixed-level school1.9 km
  • Farrer Park Primary SchoolPrimary school1.9 km
  • Dunman High SchoolMixed-level school2.0 km

Shops, food & parks

Mall: Kallang Wave Mall · 888 mSupermarket: Loh Nyen Yiu · 595 mHawker centre: Golden Mile Food Centre · 150 mPark: Kampong Glam Pk · 245 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does Golden Mile Complex have?

Key Takeaway

Golden Mile Complex has 2 facilities, including Car Park, Main entrance.

Car ParkMain entrance
10

What does it cost to own a unit at Golden Mile Complex?

Key Takeaway

Buying a unit at Golden Mile Complex (~S$1.22M) needs about S$8,916/mo in income and S$4,102/mo in repayments, after S$33,320 stamp duty and a S$305k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.22M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$33,320

BSD, tiered

Downpayment (25%)

S$305k

cash + CPF

Monthly instalment

S$4,102/mo

30y @ 3.5%

Income required

S$8,916/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Golden Mile Complex?

Key Takeaway

3,436 CEA-registered agents closed at least one recorded deal in District 7 — where Golden Mile Complex sits — in the last 12 months, across all property types.

Active agents · 12mo

3,436

District 7 · closed ≥1 deal

Deals on record

12,907

all-time · all property types

Source: CEA public transaction records, attributed to District 7 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Golden Mile Complex? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Golden Mile Complex's own transactions.

PropKaki
Is Golden Mile Complex a good buy, and what are units selling for?

Recent units at Golden Mile Complex sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Golden Mile Complex

Is Golden Mile Complex freehold?

No. Golden Mile Complex is on a 99-year lease that started in 1969, with about 42 years left.

How old is Golden Mile Complex?

Golden Mile Complex was completed (obtained TOP) in 1974, so it is about 52 years old.

Is Golden Mile Complex a good investment?

Of 21 units at Golden Mile Complex that were bought and later resold (bought from 1995, resold up to 2020), 52% sold for more than they were bought for, with a median gain of 1% over a median 5.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

Is Golden Mile Complex an EC?

No. Golden Mile Complex is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Golden Mile Complex?

Units at Golden Mile Complex have recently sold for around S$1.22M (S$638 psf), the median of the last 12 URA caveats to May 2020. The price depends on size, floor and facing. 4 units are listed for sale from S$1.92M to S$4.08M.

Where is Golden Mile Complex located?

Golden Mile Complex is at 5001 Beach Road, Singapore 199588, in Downtown Core (District 7). The nearest MRT station is Nicoll Highway MRT, about 375 m away.

How many units are there in Golden Mile Complex?

Golden Mile Complex has 68 units.

How much do I need to earn to buy at Golden Mile Complex?

For a unit around S$1.22M as a first home, you'd need roughly S$8,916/mo in income (assessed at the stress-test rate), with repayments near S$4,102/mo after a S$305k (25%) downpayment and S$33,320 Buyer's Stamp Duty.

Are prices at Golden Mile Complex going up?

The median price per square foot at Golden Mile Complex has risen about 172% between 1999 and 2020, based on URA caveats. The year-by-year figures are in the price-trend table above.