Oxley Holdings has sold nearly 60% of Jewel by Oxley KLCC for RM302 million ($93 million) during its pre-sales. Jewel was pre-launched by the group “amid rousing interest”.

Jewel, which is located within Oxley Towers KLCC, is a freehold mixed development comprising five-star hotels, an office tower and a retail podium.

The 49-storey building houses 267 exclusive serviced residences spanning one- to three-plus-one-bedroom units and dual-key options.

“The successful pre-sale of nearly 60% of Jewel by Oxley KLCC marks a bright start to the Year of the Rabbit for Oxley Holdings. The group has devoted much resources and efforts to make Oxley Towers KLCC an iconic development in Kuala Lumpur, the capital city of Malaysia,” says Ching Chiat Kwong, executive chairman and CEO of Oxley Holdings.

“With the opening of borders and resumption of international travel, we are experiencing pent-up demand for quality urban residential developments. Oxley is well-positioned to ride this wave of opportunity,” he adds.

Shares in Oxley closed at 14.3 cents on Feb 7.

Oxley sells nearly 60% of Jewel by Oxley KLCC for $93 mil in pre-sales

Data is the new oil but is it as dirty?

'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper

DPM Lawrence Wong appointed as GIC’s deputy chairman

Will the Rising Sun keep rising?

Fed signals higher-for-longer rates with hikes almost finished

Jamie Dimon’s 7% rates may come even without the Fed's help

A mild retreat by risk-free rates won’t help equities to rally 

RHB pegs ISOTeam’s TP at 5 cents after rights issuance

Safeguarding crypto investments through interoperability

Tech news in less than 5 minutes – October 2023

Double clicking on getting the most out of generative AI with Google Cloud

Vietnam aims for 6% growth this year in best-case scenario

Tycoons Oei and Goi back mm2 Asia's 1-for-2 rights issue

Three Arrows Capital's Zhu arrested while trying to leave via Changi Airport

For the globetrotter, the World Is Yours Dual Timezone by Jacob & Co is an absolute essential

The Powder Shampoo’s Lynn Tan reflects on a year of eco-conscious success and challenges

A massage and a meal

Should you consider diversifying beyond public markets? 

The Fed has rained on the parade, but investing locally retains its positives

Where are the Chinese when you need them?

Keppel Corp seeks name change to 'Keppel' to reflect new structure

Mapletree’s group of REITs are a ‘great place to be in’, says DBS

Why it’s worth taking a closer look at Keppel REIT’s portfolio

Boustead Singapore is 'big, bold and beautiful', says OCBC

Oxley sells nearly 60% of Jewel by Oxley KLCC for $93 mil in pre-sales

Related News

Highlights

Data is the new oil but is it as dirty?

Related News

Oxley warns it will report a loss for FY2023

Oxley and SIA Engineering in steady share buybacks

Oxley issues exchange offer for outstanding notes Series 003 notes due 2023