Oxley Holdings has fully sold The Verandah Residences at Pasir Panjang since it launched for about three months after its official launching last April 7, 2018. Launch at average $1,795 psf, the 170 condominium developments created a total return of more or less $248.8 million over a homegrown real estate property developer.
The freehold development anchors to three strata townhouses of two-storey and 167 apartments. Its layout is a vivid influenced of white and black colonial bungalows. Unit sizes come 452 sq ft equal to one -bedroom and 1,596 sq ft fit a four-bedroom unit, whereas, townhouses comes in 2,153 sq ft each.
Oxley gives credits to for the effective and fast market success to the developments distance to the major MRT stations, restaurants, giant shopping malls and the breath-taking Southern Ridges and Kent Ridge Park.
Ching Chiat Kwong, the CEO and Executive Chairman of Oxley explained that the quick sales simply signifies demand for the quality of the developments along with its perfect locations or areas has been very strong and Oxley is a credible and famous and has established a name in the market’s industry. “In exchange for the trust and confidence of the buyers, we will produce a project in best quality and in a timely manner, ” he further added.
Last June 23 -24th, Oxley launched the Riverfront Residences showflat for a showing to the bulk of potential buyers. Positioned around Hougang Avenue 7, 1,472-unit residential properties plus six retail stores, consisting of one- to five-bedroom apartments with an area from 1,905 sq ft, together with a strata terrace homes in four -bedroom measuring 2,109 sq ft. $578,000, a starting price of one-bedders.
This succeeded by the launching of Affinity at Serangoon that took place earlier of June, which holds 112 out of 300 units sold at a regular price which is only $1,575 psf.