Oxley sells 73% of Singapore projects, to recognise S$2.4b in revenue

Claudia Chong

Claudia Chong

Published Mon, Apr 6, 2020 · 09:50 PM

Singapore

MAINBOARD-LISTED developer Oxley Holdings said on Monday that it has sold 73 per cent of its Singapore development portfolio, which comprises 3,923 units in total.

The group is set to recognise S$2.4 billion in secured revenue from its Singapore projects. The sum will be recognised over the next two years.