Golden Mile Complex, an iconic 16-storey building located at 5001 Beach Road in Singapore, has been a focal point of architectural and cultural significance since its completion in 1973. Designed by DP Architects, it was one of the first large-scale, mixed-use developments in the country, integrating residential, commercial, and entertainment spaces. Over the years, it became a vibrant enclave for the Thai community, housing numerous Thai eateries, shops, and cultural establishments.
Recognizing its historical and architectural value, the Urban Redevelopment Authority (URA) gazetted Golden Mile Complex as a conserved building in October 2021. This conservation status aimed to preserve its distinctive terraced profile and Brutalist architecture while allowing for adaptive reuse. To facilitate its redevelopment, URA offered incentives, including a partial development charge waiver and the possibility of lease renewal to a fresh 99-year term, subject to specific conditions.
In May 2022, a consortium comprising Perennial Holdings, Sino Land, and Far East Organization acquired Golden Mile Complex for S$700 million. This marked Singapore's first collective sale of a large-scale strata-titled conserved building. The developers expressed their commitment to "sensitively restore" the building, retaining its key features and signature terraced profile, while transforming it into a mixed-use development with office, retail, and residential components.
In August 2024, URA granted permission to the developers to add four storeys of office space to the existing structure and to construct a new 45-storey residential tower named Aurea, comprising 188 condominium units. Aurea will be connected to the original building via a link bridge, integrating the new and old structures. The combined development, now referred to as The Golden Mile, will feature a total gross floor area of approximately 79,577 square meters, encompassing commercial, residential, and communal spaces.
The en bloc sale and subsequent redevelopment have significantly impacted long-time tenants and patrons of Golden Mile Complex. Many businesses, particularly those catering to the Thai community, have had to relocate or close, leading to the displacement of a cultural hub that had thrived for decades. The developers have indicated plans to incorporate elements that honor the building's heritage, aiming to retain its cultural significance within the new development.
The en bloc sale and redevelopment of Golden Mile Complex represent a pivotal moment in Singapore's urban landscape, balancing heritage conservation with modern development. As the transformation progresses, it remains to be seen how the new Golden Mile will integrate its storied past with contemporary aspirations, contributing to the evolving narrative of Singapore's architectural and cultural identity.
Aurea
5001 Beach Road
Local
D7 - MIDDLE ROAD, GOLDEN MILE
Core Central Region (CCR)
Singapore
NON-LANDED RESIDENTIAL
Far East Organisation, SINO Group, Perennial Holdings
99 YEARS
072-111992-7
00359T pt, 00435A pt TS 15 Beach Road/Nicoll Highway
188
Nestled along the illustrious Beach Road, Aurea's location is a harmonious blend of historical charm and modern sophistication. Within a 500-meter radius, residents are enveloped by a plethora of amenities. The iconic Golden Mile Complex stands as a testament to Singapore's architectural heritage, offering a myriad of retail and dining options. Just a short stroll away, City Gate Mall and The Concourse provide an array of shopping experiences, catering to both daily necessities and indulgent desires. For those who prioritize connectivity, the proximity to major highways such as the Nicoll Highway ensures seamless travel across the island. Additionally, the Nicoll Highway MRT station, merely 430 meters away, and the Lavender MRT station, approximately 580 meters distant, place the entirety of Singapore within effortless reach.
Education is a cornerstone of this locale. Within a 1-kilometer radius, esteemed institutions such as Stamford Primary School and Farrer Park Primary School offer quality education, making the area ideal for families. The presence of international schools like Insworld Institute and Olympiad International School further enriches the educational landscape, catering to diverse learning needs. Culinary enthusiasts will find themselves in a gastronomic haven, with an eclectic mix of eateries ranging from authentic local hawker centers to upscale dining establishments. The nearby supermarkets, including those within the Golden Mile Complex and City Gate Mall, ensure that daily shopping is both convenient and varied.
The strategic positioning of Aurea extends beyond leisure and education. Its proximity to key business hubs and industrial areas enhances its appeal to professionals seeking residence near their workplaces. The nearby Suntec City and Marina Bay Financial Centre are bustling centers of commerce, attracting a steady influx of potential tenants. This blend of business and leisure ensures a vibrant community, fostering both professional growth and personal well-being.
Looking ahead, the vicinity is poised for transformative developments that promise to elevate its allure. The ongoing rejuvenation of the Kampong Bugis precinct aims to create a waterfront lifestyle destination, seamlessly integrating residential, recreational, and commercial spaces. Such initiatives are anticipated to enhance property values, making investments in this area particularly promising. The planned expansion of the Circle Line MRT further underscores the commitment to connectivity, ensuring that residents remain at the heart of Singapore's dynamic evolution.
In essence, Aurea's location is a confluence of convenience, culture, and potential. Whether one seeks a serene abode amidst urban vibrancy or a strategic investment poised for appreciation, this locale offers unparalleled advantages. Its rich tapestry of amenities, coupled with forward-looking developments, positions it as a premier choice for discerning individuals seeking both luxury and practicality in their living spaces.
Come discover the beauty of Aurea for yourself, where every moment is a perfect blend of elegance, comfort, and escape. Immerse yourself in serene surroundings and stunning architecture as you explore our spacious, thoughtfully designed units. Our dedicated marketing sales team will be on hand to answer your questions and guide you toward finding your dream home.
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The district is D07 - Beach Road / Bugis / Rochor for Aurea
This property type is a Non-Landed for Aurea
The plot ratio for Aurea is 2.1
The gross floor area for Aurea is 871,884 sqm
The land size for Aurea is 226,331 sqft
The subtown for Aurea is NICOLL
The tenure of Aurea is 99 Years
The region of Aurea is RCR
Insworld Institute, Olympiad International School, Invictus International School (Centrium), The Winstedt School, Nexus International School (Singapore) international schools are near to Aurea
Lasalle College Of The Arts, Nanyang Academy Of Fine Arts, Singapore Management University, Dunman High School, St. Andrew's Junior College Tertiary & Universities are near to Aurea
School Of The Arts, Singapore, Dunman High School, Northlight School, Broadrick Secondary School, Bendemeer Secondary School secondary school(s) is/are near to Aurea
Stamford Primary School, Farrer Park Primary School, Bendemeer Primary School, St. Margaret's School (Primary), Hong Wen School primary school(s) is/are near to Aurea
Circle Line, East West Line, Thomson East Coast Line MRTS are near to Aurea
Golden Mile Complex, City Gate Mall, The Concourse, Kallang Wave Mall, Aperia shopping center(s) is/are near to Aurea
Golden Mile Food Centre, North Bridge Road Market, Berseh Food Centre, Queen Street Blk 270 (Albert Centre), Upper Boon Keng Road Blk 17 (Blk 17 Upper Boon Keng Market And Food Centre) hawker center(s) is/are near to Aurea
My First Skool, Pcf Sparkletots Preschool @ Kampong Glam Blk 462 (Ds), Pcf Sparkletots Preschool @ Kampong Glam Blk 462 (Ds, Enfant Educare Pte Ltd, Carpe Diem Juniors Pte. Ltd. childcare is/are near to Aurea
The Good Clinic, Golden Mile Clinic, Khoo Family Clinic & Surgery, The Medical Practice, Greenlife Dental Clinic are near to Aurea
Kampong Glam Cc, Jalan Besar Cc, Passion Wave @ Marina Bay (Sea Sports Club), Geylang West Cc, Kallang Cc community centers are near to Aurea
The estimated completion date for Aurea is TBC
The unit mix for Aurea development is []