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Oxley sells 100 resident units in KLCC project for $67 mil

The Edge Singapore
The Edge Singapore  • 1 min read
Oxley sells 100 resident units in KLCC project for $67 mil
With this sale, overall residential sales for Oxley's KLCC development has increased to 75% / Photo: Oxley Holdings
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Oxley Holdings has secured "a sales arrangement" for 100 units of SO/ Residences, KLCC, an integrated development, for $67 million.

With this sale, overall residential sales for Oxley's KLCC development has increased to 75%.

Earlier this year, the construction for the office tower was completed and handed over to Alliance Bank, the new owner of the office tower.

The retail portion within the development has been fully sold and will be managed by Pavilion Group.

The development will also include SO/ Kuala Lumpur and Langham hotels.

“SO/ Residences, in particular, has resonated with discerning buyers who value design, lifestyle and investment potential," says executive chairman and CEO Ching Chiat Kwong.

See also: CapitaLand Development and UOL granted green light to acquire Thomson View property

Oxley shares closed at 6.9 cents, unchanged for the day and down 1.43% year to date.

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