Rich Capital has investments in the following property projects:
Oxley Convention City - a new central business district near Singapore. Oxley Convention City is the first integrated premier development in Batam, Indonesia, strategically located with a highly visible 200-metre frontage in the heart of Batam Centre, close proximity to a future LRT station and convenient connections to cosmopolitan cities in the region such as Singapore, Jakarta and Kuala Lumpur. The development’s proximity and connectivity to Singapore and Malaysia will continue to bolster economic growth in electronics manufacturing, shipbuilding, bunkering and digital economy sectors in Batam, Indonesia.
Situated within the heart of Batam’s central business district, Oxley Convention City is an outstanding 5-in-1 integrated premier development conceptualised to exude a dynamic city vibe. The development offers a seamless live-work-play design proposition comprising residential blocks, office units, serviced apartments, a convention centre and retail shops. When completed, Oxley Convention City will have a prominent façade along the busiest thoroughfare in Batam, Indonesia.
The development of Oxley Convention City will comprise 3 residential towers with 1,635 apartments, a 19-storey serviced apartment tower with 360-key serviced apartments, a 29-storey office tower with 320 offices, 130 modern retail shops and a convention centre on a 20,000 square metre land parcel. The development will also be supported by excellent land, sea and air connectivity, with the future Sei Panas LRT station at its doorstep and located a short 8-minute drive from the Batam Centre Ferry Terminal and 15 minutes from the Hang Nadim International Airport. Rich Capital has 40% ownership of the development.
|Site area||20,000 sqm|
|Gross Floor Area||184,640 sqm|
|Number of buildings||5|
|Number of storeys||18 - 29|
|Number of units||
|Tenure||80 years (until 2051)|
|Use type||5-in-1 mix with residential, retails, hotel, office & convention centre|
|Unique selling points||First integrated premier project, future LRT station at doorstep, situated in the heart of Batam’s CBD, foreigners eligible to purchase with no hefty stamp duty, zero capital gains tax|