Saturday, 22 March 2014

UK 220314 - Royal Wharf sells 50% of 811 units on first day

Royal Wharf sell 50% on First day

UrPropertySG has revealed that Oxley Holdings Limited (Oxley) had launched Phase 1 of its premier London waterfront development, Royal Wharf, in London and Singapore. It was launched in London on Thursday, 20 March 2013 and Singapore on Friday, 21 March 2013.

According to Singapore Business Review, the development has received strong market response which resulted in 50% of 811 units sold on the first day of its launch.

Mr Ching Chiat Kwong, Chairman & CEO of Oxley, said, “Royal Wharf is our first development launched outside of Singapore, and also our most exciting project to date because it offers buyers not just a house, but a refreshingly new waterfront lifestyle concept. We are extremely encouraged by the response to the launch in both locations.”

Royal Wharf is situated within approximated 20 minutes from the Central London and is within the regeneration of Royal Docks in East London. It is well connected by various transport means namely the Pontoon DLR and future CrossRail.  Market Observer will be following this development closely as there are many potential in the Regeneration of Royal Docks