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PR Newswire
19-01-2021, 07:32 PM
For Immediate Release
Oxley Enters Strategic Partnership with Pavilion for the
Development of Oxley Towers, Kuala Lumpur City Centre
Singapore, 19 January 2021 – Oxley's wholly-owned Malaysia arm, Oxley Rising Sdn Bhd, has entered into a strategic partnership with Pavilion Project Management ("Pavilion"), a member of Pavilion Group, one of Malaysia's leading property developers, in the development of the landmark property, Oxley Towers at the heart of Kuala Lumpur at Kuala Lumpur City Centre, Oxley's most ambitious development in Malaysia to-date.
In this strategic partnership, Pavilion will oversee the project management, construction, sales and marketing, and administration of Oxley Towers.
Oxley Towers is a freehold property covering a land area of approximately 12,554 sqm and is located in the middle of the Kuala Lumpur City Centre precinct. Sharing the same skyline with the iconic Petronas Twin Towers, the development is also within easy reach of the Maxis Tower and the Kuala Lumpur Convention Centre. The development comprises two hotel towers with residences, an office tower and a retail podium linking all the three towers. The development has a gross development value of approximately SGD$1.1 billion.
Mr Ching Chiat Kwong, Chief Executive Officer of Oxley Holdings Limited, said, "We are thoroughly excited to work with a top name in Malaysia and we believe that the project is in good hands. Being able to form strategic partnerships with strong international partners is both a testament and a driving force to the strength of Oxley's brand and product. We have no doubt that Pavilion's expertise and networks will take the Oxley Towers project to the next level of excellence and we look forward to continue expanding both Oxley's and Pavilion's reach together in the Malaysia market."
Oxley Enters Strategic Partnership with Pavilion for the
Development of Oxley Towers, Kuala Lumpur City Centre
Singapore, 19 January 2021 – Oxley's wholly-owned Malaysia arm, Oxley Rising Sdn Bhd, has entered into a strategic partnership with Pavilion Project Management ("Pavilion"), a member of Pavilion Group, one of Malaysia's leading property developers, in the development of the landmark property, Oxley Towers at the heart of Kuala Lumpur at Kuala Lumpur City Centre, Oxley's most ambitious development in Malaysia to-date.
In this strategic partnership, Pavilion will oversee the project management, construction, sales and marketing, and administration of Oxley Towers.
Oxley Towers is a freehold property covering a land area of approximately 12,554 sqm and is located in the middle of the Kuala Lumpur City Centre precinct. Sharing the same skyline with the iconic Petronas Twin Towers, the development is also within easy reach of the Maxis Tower and the Kuala Lumpur Convention Centre. The development comprises two hotel towers with residences, an office tower and a retail podium linking all the three towers. The development has a gross development value of approximately SGD$1.1 billion.
Mr Ching Chiat Kwong, Chief Executive Officer of Oxley Holdings Limited, said, "We are thoroughly excited to work with a top name in Malaysia and we believe that the project is in good hands. Being able to form strategic partnerships with strong international partners is both a testament and a driving force to the strength of Oxley's brand and product. We have no doubt that Pavilion's expertise and networks will take the Oxley Towers project to the next level of excellence and we look forward to continue expanding both Oxley's and Pavilion's reach together in the Malaysia market."