Four storeys will be added to the conserved Golden Mile Complex, along with a new 45-storey residential tower named Aurea. On Aug 29, the Urban Redevelopment Authority (URA) granted developer GMC Property – a joint venture between Perennial Holdings, Far East Organization...
Four storeys will be added to the conserved Golden Mile Complex, along with a new 45-storey residential tower named Aurea.
At the point of its conservation, URA said Golden Mile Complex, which was completed in 1973, is “considered one of the most architecturally, historically and socially significant modern buildings in Singapore”. At the time, URA said the incentives included lease renewal to a fresh 99-year one, bonus gross floor area resulting in a one-third increase over the site’s original development intensity, and a partial development charge waiver on the additional floor area. The agency had said that a new 30-storey residential tower was a possibility.
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