Oxley forms JV with Lian Beng to develop Tampines land parcel
The parcel is worth $64.4m.
Mainboard-listed firms Oxley Holdings and Lian Beng have inked a joint venture to develop a land parcel in Tampines.
Oxley will hold a 49% stake in Goldprime Land, while Lian Beng will hold the remaining 51% stake.
Goldprime had been awarded the tender for a land parcel at Tampines North Drive at a purchase price of $64.4m. The parcel has a site area of 27,395.2 sqm