Oxley-led JV acquires Serangoon Ville for $499m

The purchase was funded by internal resources and bank loans.

The consortium amongst Oxley Holdings, Unique Invesco Pte. Ltd., Lian Beng (Serangoon) Pte. Ltd., and Apricot Capital Pte. Ltd. has acquired the Serangoon Ville property for $499m.

The property is a former Housing and Urban Development Company (HUDC) estate which has been privatised. The site area is approximately 27,583.9 sqm.

Oxley owns 40% of the consortium. The remaining stakes are equally split amongst the three other companies.

To recall, the consortium also acquired Rio Casa, another former HUDC estate in Hougang, for $575m in May.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia