Powerhouse developer Oxley Holdings has launched the third, and final, sales phase for Royal Wharf, its London development and its flagship overseas project. The Singapore-listed property developer is taking the ongoing “Brexit” turbulence in its stride, banking on the confidence in the project.
Royal Wharf is jointly developed by Oxley and British developer Ballymore. The waterfront development is a new township in Central London. It is located along a 500-metre stretch of the River Thames that is close to the financial district in Canary Wharf. The 4.24 million sq ft township comprises 3,385 apartments and townhouses. It also includes 118,403 sq ft of space for offices, as well as retail and F&B outlets.
More than 90% of the residential units have been sold in two earlier sales phases. Since June last year, Oxley has launched about 441 residential units, in three blocks, as part of the final sales phase. Units from the last residential block are expected to be released for sale soon.
NextInsight
a hub for serious investors