Oxley Holdings has bought Serangoon Ville (currently known as Affinity at Serangoon) in Serangoon North Avenue 1 for $499 million. It has been bought in a joint venture by Oxley-Serangoon, which includes major partners like Oxley Holdings, Lian Beng Group, Apricot Capital and entities of KSH Holdings and Heeton Holdings.

The joint venture will pay an amount of $195 million for a 99 year lease of the acquired property, Affinity at Serangoon. The value of the property after additional charges and the purchase price becomes $835 per sq ft per plot ratio.Affinity at Serangoon condo, main developer Oxley Holdings Limited (“Oxley” or “the group”) is a domestic-grown Singaporean assets developer. Oxley is principally engaged in the enterprise of assets improvement and belongings funding. On the grounds that its inception, the group’s multiplied increase has led to a burgeoning presence each locally and distant places. It now has a presence across twelve geographical markets.

Affinity at Serangoon Former Serangoon Ville

The Group has a different portfolio comprising development and investment projects in Singapore, the United Kingdom, and Ireland etc. Oxley’s also renders mission management and consultancy understanding in Myanmar.

Oxley’s belongings improvement portfolio encompasses choice residential, commercial and industrial projects. Key factors of the organization’s desire tendencies consist of prime locations, desirable way of life functions and chosen designs. With a keen hold close of marketplace sentiments and tendencies, Oxley has completed exquisite increase since its inception.