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Oxley to launch Compass House at Royal Wharf in East London

18 June 2014

18 June 2014 - Following the highly successful initial launch of Royal Wharf, the residential centerpiece of London’s Royal Docks, Singapore-based Oxley International is set to launch Phase 2A of the London development in Malaysia on Friday, 20 June 2014.

To be named Compass House and located at the heart of Royal Wharf, Phase 2A of the development will offer 200 quality units comprising compact suites, and one, two and three bedroom apartments, as well as four bedroom townhouses.

These units will form part of nearly 3,500 new properties in Royal Wharf, which when completed, will create a new town centre and neighbourhood of 10,000 residents. Royal Wharf will also include two new parks, a new high street, Georgian style garden squares, a river promenade, nearly 5,000 sqm of shops, bars and restaurants and significant new community infrastructure.

The development is also one of the best connected places in East London, being served by excellent transport links from Pontoon Dock DLR station and Canning Town on the Jubilee Line, thus providing access to the West End in 20 minutes, Canary Wharf in just five minutes and London City Airport in four minutes. Along with this, the completion of the new Crossrail station at Custom House in 2018 will mean that residents can reach Heathrow Airport in just 41 minutes.

Commenting on the development, Mr Ching Chiat Kwong, Chairman & CEO of Oxley said, “We are looking forward to seeing Royal Wharf transform and rejuvenate the Royal Docks area when purchasers of the properties start to move in in around two years’ time. The market response to Phase 1 of our Royal Wharf launch has been extremely encouraging, and we are expecting a significant amount interest in Phase 2 as well.”

Knight Frank has been appointed as sales agents for Royal Wharf.

The Phase 2A launch will take place at Oxley’s brand new Malaysia office located at Suite 10.2 Level 10, Menara Atlan, 161-B Jalan Ampang, 55100 Kuala Lumpur (next to Wisma MCA) between 11.00am and 7.00pm from June 20 – 22 2014.

About Oxley International Holdings Pte Ltd

Oxley International Holdings is a fast-growing developer of medium to large-scale properties in Asia and Europe. It is a subsidiary of Singapore-based Oxley Holdings Limited, which is listed on the Singapore Exchange with a market capitalization of more than S$2 billion.

 

Oxley International’s principal activity is the development of mixed-residential projects and townships in city centres and city fringes. These projects are typically located in choice areas that are easily accessible, and have the objective of rejuvenating their surrounding areas. Oxley International currently has a pipeline of projects in the UK, Cambodia, Malaysia and China. This includes Royal Wharf which is located in East London.

About Knight Frank LLP

Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Grubb Knight Frank, operate from 335 offices, in 52 countries, across six continents. More than 12,000 professionals handle in excess of US$1 trillion (£643 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit www.knightfrank.com

Contact for Media:

Muaz Omar, Chief Operating Officer, Oxley Malaysia
Tel: (603) 2166 1000
H/P: (6012) 2222 003

Pamela Phua, Marketing Executive, Knight Frank Malaysia
Tel: (603) 2289 9669
H/P: (6012) 299 6663
Email: pamela.phua@my.knightfrank.com

Sales Enquiries:
Herbert Leong, Associate Director, Knight Frank Malaysia

Tel: (603) 2289 9629
H/P: (6012) 268 7636
Email: herbert.leong@my.knightfrank.com