The leading Singaporean property developer Oxley Holdings is expected to achieve a record-breaking profits for the coming 2016 and 2017, RHB Research noted.
According to RHB, a total of $3.3 billion unbilled sales has been recorded from Oxley’s local and overseas projects, and for the next 2 years the record profits will underpin.
Oxley is developing different high-yielding mixed-use projects that are due to be completed for the next 12 to 18 months. The overseas residential launches of Oxley also shown an impressive take-up rates.
Oxley has also developed a sizable portfolio in overseas to manage the expected wave of NAV growth, as planned Cambodia, UK, Malaysia, Ireland and Myanmar will launches in the coming months, RHB added.
The Group developed distinctive Singapore Property such as The Rise @ Oxley Residences and The Flow @ East Coast.
