Artist's impression of Oxley TowerOxley Holdings's iconic Oxley Tower in Robinson Road has received TOP, on 9 Dec,  from the Building and Construction Authority of Singapore.

"At TOP, we will be able to reduce up to S$211 million of project debt through collections from buyers of the sold units," notes 
Executive Chairman and CEO, Mr. Ching Chiat Kwong.

In addition, revenue in excess of S$500 million will be recognised in December 2016.

Oxley Holdings
Share price: 
44 c
Target: 
85 c
Source: RHB

The top three floors of the 32-storey freehold strata-titled commercial development with a gross floor area of 16,839 sq m -- have been reserved for Oxley’s corporate office use.

Oxley continues to develop properties in nine geographical markets.

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