Last Updated: 7th December 2018
OXLEY CONVENTION CITY BATAM PROJECT DETAILS
|Project Name||Oxley Convention City|
|Location||Along Jalan Sei Panas
and Jalan Raja H. Fisabilillah
|Developer Name||Oxley Karya Indo Batam [Oxley Holdings Limited & Rich Capital & PT Karya Indo Batam]|
|Tenure of Land||35 years HGB (Until 2051) – renewable for 30-years each time|
|Site Area||Approximately 20,000 sqm|
|Expected Temporary Occupation Period (T.O.P)||Estimated July 2022|
|Total Number of Units||2,605 units [Residential 1,635 units, Commercial 130 units, Service Apartment 520 units, Office 320 units]|
Tower A – 624 units (32 Storey)
Tower B – 569 units (32 Storey)
Tower C – 442 units (32 Storey)
[Oxley Business Tower]
|29-Storey of 320 units|
|3-Storey Shophouses of 99 units below Service Apartment|
|4-Storey Shopping Mall of 16 units below office tower|
|15 Restaurants at 2nd Storey|
|21-Storey of 520 Service Apartments|
|Convention Centre at 5th Storey below Office Tower & above Oxley Shoppes|
RARE INVESTMENT OPPORTUNITY IN A NEW CBD NEAR SINGAPORE FROM ONLY S$6xK
OXLEY CONVENTION CITY (BATAM) – THE FIRST INTEGRATED CITY IN BATAM FINANCIAL DISTRICT WITH CONVENTION CENTRE, LUXURY RESIDENCES, SERVICED APARTMENTS, F&B RESTAURANTS, SHOPPING MALL & OFFICE TOWER
ENJOY GUARANTEED RENTAL RETURNS OF 18% OVER 3 YEARS
ABOUT OXLEY CONVENTION CITY AT BATAM
OXLEY CONVENTION CITY is a flagship masterplan development covering a land area of approximately 20,000 sqm. Located at the heart of Batam’s thriving financial district, it is set to change the way the world thinks, meets and works. This iconic development comprises of Batam’s first office tower with an integrated convention centre, an exclusive hotel, an exciting retail and F&B avenue, a vibrant collection of shophouses and three towers of luxurious residences.
OXLEY BUSINESS TOWER
Oxley Convention City is strategically situated at the junction of Jalan Sei Panas and Jalan Raja H. Fisabilillah, within Batam’s vibrant financial district, just across Batam’s “Banker Street” with major banks such as Maybank, Mandiri, BNI Bank & OCBC NISP, and mere minutes away from popular destinations such as the Nagoya Hill Shopping Mall. Oxley Convention City is at the heart of it all.
– Harmoni One Hotel (6 minute drive)
– Radisson Golf & Convention (8 minute drive)
– Universe Cafe & Bar (Short Walk)
– Love Seafood (3 minute drive)
– Piccola Stella (8 minute drive)
– Batam City Square (BCS) (7 minute drive)
– Nagoya Hill Shopping Mall (8 minute drive)
– Mega Mall Batam Centre (8 minute drive)
– Padang Golf Sukajadi (9 minute drive)
– Southlinks Golf (11 minute drive)
– Independent School Batam (Short Walk)
– SGIA International School (6 minute drive)
– Batam Internationa University (14 minute drive)
– Batam Medical Centre (6 minute drive)
– Awal Bros Batam Hospital (7 minute drive)
OXLEY CONVENTION CITY PLAN
Oxley Convention City with a land area of 22,000 sqm is divided into 2 phases. Phase 1 which includes Residential Tower A & B, Oxley Square (F&B), Oxley Hotel (Serviced Apartment) and Oxley Collection (Shophouses) is expected to completed by July 2022. Phase 2 which includes Residential Tower C, Oxley Convention Centre, Oxley Business Tower (Office) and Oxley Shoppes (Retail Shops) is estimated to be completed by 2024.
OXLEY RESIDENCES FACILITIES
3rd Floor (Tower B)
– Mulit-Function Room (Club House)
– Yoga Room
– Children’s Playground
– Children Pool
– Shower, Toilet & Changing Room
20th Floor (Tower B & C)
– Sky Garden
5th Floor (Tower A)
– BBQ Pit
– Swimming Pool
8th Floor (Tower C)
– Swimming Pool
OXLEY RESIDENCES SALES PACKAGE | INDICATIVE PRICING | PAYMENT SCHEDULE | OTHER CHARGES
– Studio from only S$6xK!
– 1 Bedroom from S$9xK
– 2 Bedroom from S$13xK
– 3 Bedroom from S$17xK
EXCLUSIVE SALES PACKAGE
– 18% Nett Guaranteed Rental Returns over 3 years [6% per annum] (Before Tax)
– Fully Fitted and Fully Furnished complete with Appliances and Furniture
– Booking Fee of SGD1,500 ≈ IDR 15,000,000
– 30% less IDR 15,000,000 upon Signing SPA (Sales and Purchase Agreement )
– 30% after 1 year of signing SPA
– 30% Upon Completion of Super Structure (est. Q1 2021)
– 10% handing over of unit (est. July 2022)
– Maintenance Fee is approximately IDR 25,000 per sqm [S$2.50 per sqm]
– Buyer Stamp Duty: 5%
– Seller Stamp Duty: 2.5%
– Income Tax from Rental: 20% [For foreigner]
– Property Tax: 0.2% of Assessed Value
OXLEY CONVENTION CITY DEVELOPER
Oxley Holdings Limited (“Oxley” or “the Group”) is an international property developer incorporated in 2010 and headquartered in Singapore. Oxley specialises in the development of quality residential, commercial, industrial and hospitality projects. These developments are typically located in choice areas that are easily accessible, and most of its projects incorporate retail elements, and lifestyle features and facilities.
Oxley has a strong reputation in market foresight, execution, marketing and sales, evident in its project track record in Singapore in the past years. With most of these projects completed and fully sold, Oxley has made several land purchases in Singapore in 2017, building up its land bank and planning the next major launches in the local property market. Building on this strong foundation, Oxley also made remarkable progress in expanding its footprint overseas.
Currently, the Group has overseas business presence across ten geographical markets including the United Kingdom (the “UK”), Ireland, Cambodia, Malaysia, Myanmar, Indonesia, Cyprus, China, Australia and Japan. Its overseas flagship projects include Royal Wharf, a waterfront township development in London, The Peak and The Bridge, two mixed-use developments in Phnom Penh, Cambodia, and Dublin Landings, the largest mixed-use development in the business district of Dublin, Ireland. In China, Oxley has an equity stake in a development project in Gaobeidian, 40 kilometres from the new special economic zone (“NSEZ”) in the province of Hebei. With the potential boost that the NSEZ is expected to bring to the property market in the neighbouring area, including Gaobeidian, this project is expected to become another major project for Oxley.
As of August 2017, Oxley has launched a portfolio of 34 projects, of which 27 projects have been completed.
In addition, Oxley holds an investment portfolio, which includes projects in Singapore and Japan, a 20% stake in Galliard (Group) Limited, a leading integrated property group in the UK, and a 40% stake in Pindan Group Pty Ltd, an integrated property group based in Western Australia. Oxley also provides project management and consultancy services in Myanmar.
A GLOBAL CONNECTION, A LOCAL FORCE
With a strategic location in the Strait of Malacca, in one of the busiest international shipping lanes, Batam enjoys a flourishing economic and business climate due to its attractive investment environment and close ties with Singapore. After becoming a free trade zone as part of the Batam Indonesia Free Zone Authority (BIFZA), Batam metamorphosed into the richest and fastest growing region in Indonesia.
INVEST IN WHAT’S TO COME
With strong government support and competitive investment incentives, Batam is rich with untapped potential and lucrative opportunities for local, regional and Singaporean investors.
On the cusp of exciting change, the once-sleepy fishing village is now earmarked to become a vital, economic powerhouse for Indonesia, and a catalyst for strengthening crosscountry relations with Singapore, a long-term strategic partner.
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