Property developer Oxley Holidings, says its 49% owned Cambodian mixed development project, The Peak, has sold 30% of its launched units.
The Peak is developed by Oxley’s 49% owned joint venture company Oxley-Worldbridge (Cambodia) Co.
Located at Phnom Penh, The Peak is a hotel mixed development with two residential towers, one commercial tower which includes a Shangri-la hotel, and a retail podium. The construction is expected to commence in early 2016, and is expected to complete by 2020.
The first phase of the development, a 507-unit residential tower, was launched on Sept 18. As of Sept 25, 30% of the 507 units were sold.
This is the group’s second development project in the country. The first project is The Bridge which is close to The Peak and was also well received.
Oxley says it plans to launch The Peak for sale in Singapore in mid October 2015.
Oxley’s shares closed unchanged at 40 cents on Sept 25.
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The Peak is developed by Oxley’s 49% owned joint venture company Oxley-Worldbridge (Cambodia) Co.
Located at Phnom Penh, The Peak is a hotel mixed development with two residential towers, one commercial tower which includes a Shangri-la hotel, and a retail podium. The construction is expected to commence in early 2016, and is expected to complete by 2020.
The first phase of the development, a 507-unit residential tower, was launched on Sept 18. As of Sept 25, 30% of the 507 units were sold.
This is the group’s second development project in the country. The first project is The Bridge which is close to The Peak and was also well received.
Oxley says it plans to launch The Peak for sale in Singapore in mid October 2015.
Oxley’s shares closed unchanged at 40 cents on Sept 25.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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