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Commercial Directory · Office · Retail · District 7

Golden Mile Complex

7 sales from Oct 2021 to May 2022, at a median $1,582 psf (Oct 2021 to May 2022).

District 7 At a glance

Median psf, all sales
$1,582
Sales since Oct 2021
7
Latest sale, May 2022
$1,147 psf
Tenure
99-year lease

3 of 4 sellers with a known purchase price sold for more than they paid; the median made 2.5% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)2$1,677
20225$1,582

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

7 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
6 May 2022Retail2610,028$700,000,000$1,147Resale–––
21 Mar 2022Office7205$315,000$1,540ResaleMay 2018, $285k$30k2.6%
18 Mar 2022Retail265$120,000$1,858Resale–––
14 Mar 2022Retail2312$680,000$2,178ResaleJul 2013, $550k$130k2.5%
25 Feb 2022Office6441$698,000$1,582Resale–––
11 Nov 2021Retail2248$370,000$1,495ResaleMar 2011, $375k-$5k-0.1%
26 Oct 2021Office3420$780,000$1,858ResaleJun 2007, $357k$423k5.6%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Golden Mile Complex Questions

How much does a unit at Golden Mile Complex cost?

7 unit sales at Golden Mile Complex from Oct 2021 to May 2022 went for $1,147 to $2,178 psf, a median $1,582 psf on units of 65 to 610,028 sq ft. The latest, in May 2022, was $700,000,000 for 610,028 sq ft ($1,147 psf).

Did sellers at Golden Mile Complex make money?

3 of 4 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $80k, 2.5% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Golden Mile Complex?

The sales here are office and retail units in District 7 (Core Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 7 Nearby buildings

All 302 buildings