{"id":79001,"date":"2018-02-06T09:41:07","date_gmt":"2018-02-06T02:41:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-acquires-geylang-land-for-13m\/"},"modified":"2018-02-06T10:03:25","modified_gmt":"2018-02-06T03:03:25","slug":"oxley-acquires-geylang-land-for-13m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-acquires-geylang-land-for-13m\/","title":{"rendered":"Oxley acquires Geylang land for $13m"},"content":{"rendered":"


\nOxley intends to develop a mixed-use project on the site called Sixteen35 Residences.\u00a0
\nOxley Holdings, via its fully-owned subsidiary Oxley Pearl, has acquired a 99-year leasehold site from Huang Shi Zong Hui (Singapore) for $13 million.
\nLocated at 16 Lorong 35 Geylang, the land area measures about 2,219.6 sq m (23,892 sq ft) and is zoned for residential\/institution use.
\nIn an SGX filing released on Monday (5 February), Oxley revealed plans to develop an eight-storey mixed-use project on the site.
\nTo be known as Sixteen35 Residences, the project\u2019s second and third storeys will comprise Huang Shi Zong Hui\u2019s premises, while the fourth to eighth storeys will feature residences.
\nThere will also be a swimming pool, communal facilities and car park at the basement and first storey, said Oxley.
\nTo be funded by internal sources, the acquisition is \u201cnot expected to have a material impact on the earnings per share or net tangible assets per share of the company for the current financial year ending 30 June 2018\u201d.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Oxley acquires Geylang land for m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oxley intends to develop a mixed-use project on the site called Sixteen35 Residences.\u00a0 Oxley Holdings,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-79001","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kyd","jetpack-related-posts":[{"id":121126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxleys-two-residential-projects-obtain-top\/","url_meta":{"origin":79001,"position":0},"title":"Oxley\u2019s two residential projects obtain TOP","date":"July 28, 2021","format":false,"excerpt":"\r Sea Pavilion Residences and Sixteen35 Residences, which recently\u00a0TOP-ed and are fully sold, are located at 494 Upper East Coast Road and 16 Geylang Lorong 35 respectively. Property developer Oxley Holdings has obtained Temporary Occupation Permits (TOP) for two more residential development projects in Singapore\u2014Sea Pavilion Residences and Sixteen35 Residences\u2014last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/sixteen35.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":92698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxleys-the-verandah-residences-fully-sold-within-three-months\/","url_meta":{"origin":79001,"position":1},"title":"Oxley\u2019s The Verandah Residences fully sold within three months","date":"June 28, 2018","format":false,"excerpt":"\r Artist\u2019s impression of The Verandah Residences, a 170-unit freehold project whose design is inspired by Singapore\u2019s black and white colonial bungalows.\u00a0 Oxley Holdings has achieved 100 percent sales at The Verandah Residences within three months since its official launch on 7 April. With average unit prices at $1,795 psf,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74594,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-buys-vista-park-via-en-bloc-sale-for-418m\/","url_meta":{"origin":79001,"position":2},"title":"Oxley buys Vista Park via en bloc sale for $418m","date":"December 15, 2017","format":false,"excerpt":"\r The owners of the 209-unit Vista Park in 50-66 South Buona Vista Road has agreed to sell the property via collective sale to Oxley Holdings for $418 million on Thursday (14 December). The property was acquired by the company\u2019s wholly-owned unit Oxley Spinel Pte Ltd, which intends the refresh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/modest-sales-seen-at-two-new-launches\/","url_meta":{"origin":79001,"position":3},"title":"Modest sales seen at two new launches","date":"June 5, 2018","format":false,"excerpt":"\r Buyers balloting for units at Affinity at Serangoon. (Photo: Oxley Holdings) Two new project launches in the Serangoon area (District 19) reported modest Phase 1 sales over the weekend. Affinity at Serangoon sold 37 percent or 112 of the 300 units released, while The Garden Residences moved more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-170-units-sold-at-two-new-launches\/","url_meta":{"origin":79001,"position":4},"title":"Over 170 units sold at two new launches","date":"June 5, 2018","format":false,"excerpt":"\r Buyers balloting for units at Affinity at Serangoon. (Photo: Oxley Holdings) Two new project launches in the Serangoon area (District 19) reported more than 170 units sold during Phase 1 sales over the weekend. Affinity at Serangoon sold 112 of the 300 units released, while The Garden Residences moved\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-acquires-ampas-apartments-in-balestier-for-95m\/","url_meta":{"origin":79001,"position":5},"title":"Oxley acquires Ampas Apartments in Balestier for $95m","date":"March 28, 2018","format":false,"excerpt":"\r The freehold Ampas Apartments comprises 43 units and has a site area of 30,239 sq ft. Homegrown developer Oxley Holdings has agreed to acquire all 43 units in the freehold Ampas Apartments for $95 million. This comes after its wholly-owned subsidiary Oxley Jasper exercised the option to purchase granted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79001"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=79001"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79001\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}