A consortium of investors including Far East Organization Pte. Ltd. and Perennial Holdings Private Limited and Sino Land Company Limited (SEHK:83) made a bid to acquire Golden Mile Complex for SGD 700 million on March 31, 2022. The offer price is SGD 100 million lower than its reserve price of SGD 800 million. Golden Mile Complex's collective sale committee (CSC) will now have to convince respective owners of the development with 718 strata-titled units to accept the deal as the offer fell below both the reserve price and an independent valuation of the property.

A consortium of investors including Far East Organization Pte. Ltd. and Perennial Holdings Private Limited Sino Land Company Limited (SEHK:83) completed the acquisition of Golden Mile Complex in May 6, 2022.