• Nearly 60% of Jewel by Oxley KLCC sold for RM302 million
• Located within Oxley Towers KLCC with estimated Gross Development Value ("GDV") of S$880 million

SINGAPORE and KUALA LUMPUR, Malaysia, Feb. 8, 2023 /PRNewswire/ -- Oxley Holdings Limited ("Oxley", and together with its subsidiaries, the "Group"), a home-grown property developer with business presence in seven geographical markets, announced pre-sales of nearly 60% of Jewel by Oxley KLCC for RM302 million (approximately S$93 million).

The Group has pre-launched Jewel by Oxley KLCC amid rousing interest. Jewel by Oxley KLCC is well located within Oxley Towers KLCC, a freehold mixed development integrating 5- star hotels, an office tower and a retail podium. It comprises a 49-storey building that houses 267 exclusive serviced residences with a wide selection of layouts from 1 to 3+1 bedroom and dual-key options. The serviced residences exemplify urban luxury living with low density and practical unit layouts with semi-furnished and tastefully designed units. The serviced residences have access to first-class facilities such as a grand lounge, function hall, gym, pool and pool deck, children's playground, BBQ area, children's pool, zen garden, pre-function deck, co-working space, wellness sanctuary/yoga deck and reading room.

The success of Jewel by Oxley KLCC will further enhance the Group's branding and promote its expertise in developing prime sites in key cities across the globe. The Group has a successful track record of iconic developments in global world class cities like Singapore, London, and Dublin.

 

Jewel by Oxley KLCC

"The successful pre-sale of nearly 60% of Jewel by Oxley KLCC marks a bright start to the Year of the Rabbit for Oxley Holdings. The Group has devoted much resources and efforts to make Oxley Towers KLCC an iconic development in Kuala Lumpur, the capital city of Malaysia. With the opening of borders and resumption of international travel, we are experiencing pent-up demand for quality urban residential developments. Oxley is well-positioned to ride this wave of opportunity."

Mr Ching Chiat Kwong
Executive Chairman and CEO

About Oxley Holdings Limited

Oxley Holdings Limited is a home-grown property developer with a diversified portfolio including property development, property investment and project management. Oxley is listed on the Main Board of the SGX-ST and has a market capitalisation of approximately S$0.6 billion as at 31 December 2022.

The Group currently has a business presence across seven geographical markets including Singapore, the United Kingdom (the "UK"), Ireland, Cambodia, Malaysia, Indonesia, People's Republic of China ("PRC"), and Cyprus.

Since Oxley's incorporation in March 2010, the Group has launched a portfolio of 51 projects, and completed 40 projects. It is currently developing a mixed development in London, UK, one mixed development in Phnom Penh, Cambodia, and the largest mixed development in the business district of Dublin, Ireland. Oxley's developments are typically located in choice areas that are easily accessible. Most of its projects incorporate retail elements, lifestyle features and facilities.

About Oxley Towers KLCC

Oxley Towers KLCC is one of the latest upscale freehold integrated developments in town. Located in the middle of Kuala Lumpur, a stone's throw away from the iconic Petronas Twin Towers and right next to the 50-acre KLCC Park, Oxley Towers consist of three skyscrapers that sit atop a 2-storey retail podium. The development also boasts a 25,000 sq ft public plaza on the ground level that leads directly to KLCC Park. When completed, Oxley Towers KLCC will be one of the tallest residential towers in town with the highest residential swimming pool in Malaysia, right beside a sky deck that offers residents an unobstructed view of the city skyline.

For more information on Oxley, please visit www.oxley.com.sg.

Jewel by Oxley KLCC (Interior)
Source: Oxley Holdings Limited Related Stocks: Singapore:5UX Singapore:OHL