Singapore’s Golden Mile Tower on Sale Again With Lower Price, BT Reports
The Golden Mile Tower, front left, is priced at S$556 million ($420 million), about 7% lower than the S$600 million price tag in April last year, according to the local newspaper.
Photographer: Darren Soh/Bloomberg
This article is for subscribers only.
Singapore’s Golden Mile Tower is on block for at least a third time in three years with a reduced asking price, the Business Times reported on Thursday.
The commercial building is priced at S$556 million ($420 million), about 7% lower than the S$600 million price tag in April last year, according to the local newspaper. That translates to S$1,117 per square foot, before in land-betterment charges and a premium to upgrade lease to new 99-year period, the report said.