Oxley’s two residential projects obtain TOP
Real estate developer Oxley Hldg has gotten hold of Temporary Occupation Permits for 2 additional residence property projects in Singapore, Sea Pavilion Residences and also Sixteen35 Residences in June2021.
Located at Four hundred Ninety Four Upper East Coast Road, Sea Pavilion Residences is a five level exclusive residence presenting 24 apartment units. The free of lease assignment is fully sold off and comes with a GDV of $33 million.
Amenities at the building offer a pool, basement car park along with sky terrace.
Sixteen35 Residences, that lies on Sixteen Geylang Lor 35, is an institutional mixed-use development project. The 99-year lease term assignment is as well fully sold and enjoys a gross dvlpmt value of $56 mil.
Amenities furnished consist of a gym, outside workout corner, pool along with automobile parking lots.
“As of today, 3 among the Group’s ten non commercial building assignments in SGP have already procured TOP,” announced Oxley in a SGX submission on Tuesday 27Jul.
It mentioned that exclusive condominium The Addition was the very first to attain Temporary Occupation Permits on 21April2K20. Located nearby Potong Pasir Mass Rapid Transit Station, the task is at this time entirely wrapped up, it shared.