Oxley has a 27.5% stake in the Sino-Singapore Health City Project in Gaobeidian, Hebei Province, China. Gaobeidian is strategically located 40 km away from the Xiongan New Special Economic Zone (“Xiongan NSEZ”) that the Chinese government announced in April 2017, next to the Beijing-Shijiazhuang Expressway (82 km from Beijing city), and on the Beijing-Shijiazhuang High-Speed rail route (30 minutes ride to Beijing). Following the success of China’s two economic zones in the Pearl River Delta and Yangtze River Delta regions, Xiongan NSEZ is expected to become a world-class city cluster surrounding Beijing, with favourable regulatory framework and outstanding economic growth.
The project also introduces Singapore’s new township concept for urbanization. The new urbanization involves a residential building area of approximately 1.6 million square meters, as well as F&B, entertainment, commerce, healthcare, education and other infrastructure. The first phase consists of 2,180 residential units with a gross floor area of approximately 340,000 square meters.
The development will be built on the China’s National Mountain Training Base, to develop the Sports & Tourism industry. It will be a one-stop hub that provides a full suite of mountain climbing services, featuring the world’s tallest man-made rock-climbing wall with a total size of 4,200 sqm, 18 climbing routes and 20 competition/training routes. Ready to host national and world competitions, it is expected to attract tourists, sport broadcasters, rock climbing and other outdoor sport lovers with performances and sports commercial fairs.
Location
Plots 17, 20, 21 & 22 Shangdong New Town, An Tai Road, Gaobeidian, Hebei Province, People’s Republic of China
Type
Sports Village (mixed-use development)
– Rock climbing stadium
– Green Food Agriculture zone
– Redevelopment of Residential area
Land Area (sqm)
Approx.* 5.3 million sqm
Gross Floor Area (sqm)
2.5 million sqm
Group’s Stake
27.5%
