Oxley Holding had purchase a freehold land over at 494 Upper East Coast Road for $10.5m. The Land area is 1,292 sqm with plot ratio 1.4 according to the master plan which can build up to 5 storey apartment. Oxley will be developing it into a 5 storey boutique development known as Sea Pavilion Residences which will be funded by bank and internal resources.
