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.
