Oxley 1H FY2026 profit surges on S$2.1bn unbilled overseas pipeline; pivots to asset sales and Singapore‑led development focus
Summary:
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Oxley Holdings reported S$97.4 million of 1H FY2026 revenue, with 60% from developed markets and 40% from emerging markets, underpinned by contributions from Singapore, the UK, Ireland, Cambodia, Malaysia and China.
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The Group highlights total unbilled overseas development revenue of about S$2.1 billion across launched and future projects, led by Riverscape (UK), The Peak and The Palms (Cambodia), Oxley Towers KLCC and Trinity projects (Malaysia), Sino‑Singapore Health City (China) and Dublin Arch (Ireland).
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Management is shifting strategy to recycle capital by selling investment properties and hotels, freeing up cash flow over the next 6–18 months for land acquisitions in focus markets.
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Oxley will concentrate solely on property development with Singapore as primary market alongside Malaysia, the UK and Ireland, while progressively exiting emerging markets such as China and Cambodia.
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Future growth is anchored by large mixed‑use projects including Dublin Arch (estimated GDV about S$1.1 billion), Trinity Activerse (Malaysia) and Plot 14B (UK), which are planned but not yet launched.