Buyers snap up Oxley Tower units during its official launch on 1 April 2012. Oxley Tower’s shop and café units each received interest from more than one buyer, resulting in two balloting phases to select their new owners.
Oxley Tower is a freehold strata development includes 121 shops, 104 office units and eight cafés. Sizes of the café units ranged from 398 sq ft to 807 sq ft, while prices ranged from S$6,200 psf to S$7,200 psf (averaging S$6,653 psf).
For shops, the size of each unit ranged from 118 sq ft to 409 sq ft. Prices ranged from S$3,800 psf to S$6,000 psf (averaging S$4,820 psf).
In addition, Oxley Consortium has also released 56 out of 104 office units across level 5 to 18 of the tower. Priced from S$2,800 psf to S$3,490 psf, the unit sizes range from 947 sq ft to 1,346 sq ft.
As of Friday evening, all of the development’s shop and café units were sold out. The office units also witnessed good take-up, with 60% of the units sold.
by Cheryl Tay (Property Guru)
published on 4/Apr/2012
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