On the back of S$1.6 billion sales from its projects in London and Cambodia as well as S$3 billion pre sales in Singapore Property, Oxley posted good earnings in Q1 FY2015. It was revealed by OSK DMG and covered in the media.
From its projects in Singapore in the 3rd quarter of the year, the group booked contributions where most of which were substantially sold.
OSK DMG noted that new launch Royal Wharf in London has sold more than 1,400 units over 3,300 unit projects and make pre-sales of S$1.428 billion.
The group sold more than 50% of small office home office (SOHO) and residential units in its flagship development over in Cambodia. The Bridge with given sales of US$170 million or S$221 million.