Oxley Achieves Robust Pre-Sales of RM302 Million for Jewel By Oxley KLCC

Nearly 60% of Jewel byOxley KLCCsoldforRM302million

Located withinOxleyTowers KLCCwithestimatedGrossDevelopmentValue("GDV") of S$880 million

SINGAPORE and KUALA LUMPUR,Malaysia,Feb. 8,2023 --OxleyHoldingsLimited ("Oxley",andtogether with its subsidiaries,the "Group"),a home-grown property developer withbusiness presence in seven geographical markets,announced pre-sales of nearly 60% of Jewel by Oxley KLCC for RM302 million (approximately S$93 million).

The Group has pre-launched Jewel by Oxley KLCC amid rousing interest. Jewel by Oxley KLCCiswelllocatedwithinOxleyTowersKLCC,a freehold mixed development integrating 5- star hotels,an office tower and a retail podium. It comprises a 49-storey building that houses 267 exclusive serviced residences with a wide selection of layouts from 1 to 3+1 bedroom and dual-key options. The serviced residences exemplify urban luxury living with low density and practical unit layouts with semi-furnished and tastefully designed units. The serviced residences have access to first-class facilities such as a grand lounge,function hall,gym,pool and pool deck,children's playground,BBQ area,children's pool,zen garden,pre-function deck,co-working space,wellness sanctuary/yoga deck and reading room.

ThesuccessofJewelbyOxleyKLCCwillfurther enhancetheGroup's brandingandpromote its expertise in developing prime sites in key cities across the globe. The Group has a successful track record of iconic developments in global world class cities like Singapore,London,and Dublin.

Jewel by Oxley KLCC

"Thesuccessful pre-saleofnearly60% of Jewel byOxleyKLCC marks a bright start to the Year of the Rabbit forOxley Holdings. The Group has devoted much resources and efforts to make OxleyTowersKLCC an iconic development in Kuala Lumpur,the capital city of Malaysia. With the opening of borders and resumption of international travel,we are experiencing pent-up demand for quality urban residential developments. Oxley is well-positioned to ride this wave of opportunity."

Mr Ching Chiat Kwong

ExecutiveChairmanandCEO

AboutOxleyHoldings Limited

Oxley Holdings Limited is a home-grown property developer with a diversified portfolio including property development,property investment and project management. OxleyislistedontheMainBoard oftheSGX-STandhasamarketcapitalisationofapproximatelyS$0.6 billionasat31December 2022.

TheGroupcurrentlyhasabusiness presenceacrossseven geographicalmarketsincluding Singapore,the United Kingdom (the "UK"),Ireland,Cambodia,Indonesia,People's Republic of China ("PRC"),and Cyprus.

Since Oxley's incorporation in March 2010,the Group has launched a portfolio of 51 projects,and completed 40 projects. It is currently developing a mixed development in London,UK,one mixed developmentinPhnomPenh,andthelargest mixeddevelopmentinthebusiness districtof Dublin,Ireland. Oxley's developments are typically located in choice areas that are easily accessible. Most of its projects incorporate retail elements,lifestyle features and facilities.

AboutOxleyTowersKLCC

Oxley Towers KLCC is one of the latest upscale freehold integrated developments in town. Located in the middle of Kuala Lumpur,a stone's throw away from the iconic PetronasTwinTowers andrightnext to the 50-acre KLCC Park,Oxley Towers consist of three skyscrapers that sit atop a 2-storey retail podium. The development also boasts a 25,000 sqftpublic plazaonthegroundlevelthatleads directly toKLCC Park. When completed,OxleyTowersKLCC will be one of the tallest residential towers in town with the highest residential swimming pool in Malaysia,right beside a sky deck that offers residents an unobstructed view of the city skyline.

FormoreinformationonOxley,please visitwww.oxley.com.sg.

Jewel by Oxley KLCC (Interior)