Singapore mainboard-listed property developer Oxley Holdings has announced pre-sales of 60% for its Kuala Lumpur project, Jewel by Oxley KLCC. This has totalled $93 million in pre-sales for the developer.
Jewel by Oxley KLCC is the 267-unit serviced residence component of the mixed-use development, Oxley Towers KLCC, a freehold project by the Singapore developer. The entire project comprises a five-star hotel, an office tower, and the serviced residence.
“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 many resources and efforts to make Oxley Towers KLCC an iconic development in Kuala Lumpur,” says Ching Chiat Kwong, executive chairman and CEO of Oxley Holdings.
The serviced residence reflects an urban living lifestyle, featuring low-density unit layouts with semi-furnished units. The residences will have access to facilities such as a lounge, function hall, a gym, pool and pool deck, a children’s playground, a BBQ area, a co-working space, and a reading room.
“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,” says Ching.
