Oxley unit buys Geylang site for S$13m

Singapore

PROPERTY developer Oxley Holdings revealed on Monday that its wholly-owned subsidiary has purchased a plot in Geylang for S$13 million, with the intention of turning it into an eight-storey mixed-use development to be named Sixteen35 Residences.

Its subsidiary - Oxley Pearl - had entered into a sale and purchase agreement with Huang Shi Zong Hui Singapore (Huang Clan Association) on Feb 5 for the 99-year leasehold plot at Lot 98849K of Mukim 24 along 16, Lorong 35 Geylang.