Golden Mile Tower’s S$650m en bloc tender launched
GOLDEN Mile Tower has been launched for collective sale on Friday (Nov 18) at an indicative price of S$650 million, following the successful en bloc sale of neighbouring Golden Mile Complex earlier this year.
The Business Times (BT) reported on Monday that the imminent sale of the 99-year leasehold commercial development at 6001 Beach Road could lead to further revitalisation in the area.
BT understands that there has been a lot of interest in the site, which is being marketed by ERA Realty.
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation