Kuala Lumpur welcomes Oxley Towers Kuala Lumpur City Centre – a slick new development.
Singaporean Developer Oxley Holdings have been making moves across the world. Over the last three years they have been taking their development tactics to sites in London, Batam, Myanmar, Dublin and Kuala Lumpur to build residential buildings and in some case as part of mixed-use schemes.
London was their first overseas venture with Royal Wharf in East London, an area of England’s capital that is constantly on developer’s watchful eyes due to its vast potential. The site was bought for GBP 200 million, an astute investment move since half of the units, 811 in total, of the first phase were sold on the first day of the Royal Wharf’s launch.
Next year is forecast to be more of the same as Oxley aim to launch after Chinese New Year SO Sofitel Residences at Oxley Towers Kuala Lumpur City Centre. Consisting of 590 units, this scheme prime central location will be home to two hotels, office space, and over 100,000 sq ft of retail space.
SO Sofitel has a renowned reputation globally. It complements Oxley’s portfolio of hospitality properties that include big brands such as Shangri-La, Ibis and Novotel. Oxley Towers Kuala Lumpur will also house Jumeirah Kuala Hotel and Residences in addition to SO Sofitel Hotel and Residences. This new scheme will be a game changer in Malaysia’s capital city as the quality of residential projects is upped a notch.
