For subscribers
Golden Mile Complex gets $700m collective sale offer from Far East Organization, Perennial Holdings
Sign up now: Get ST's newsletters delivered to your inbox
Golden Mile Complex was put up for collective sale last year at a reserve price of $800 million.
PHOTO: ST FILE
Follow topic:
SINGAPORE - An offer of $700 million has been made for Golden Mile Complex in Beach Road, following extensive private treaty negotiations for the iconic development, which was put up for collective sale last year at a reserve price of $800 million.
According to a March 28 letter to the owners of Golden Mile Complex seen by The Straits Times, the collective sale committee (CSC) has entered into a conditional agreement with a consortium comprising Far East Organization and Perennial Holdings.
