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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%