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Business News of Sunday, 1 May 2016

Source: GhanaWeb

Appolonia opens The Oxford show homes to the public

Appolonia, the mixed-use urban development near Accra, has launched its new turnkey residential development, The Oxford, with the opening of its first show homes, marking a major milestone for the project.

The Oxford, which broke ground in October 2014, is a residential development within Appolonia covering a total area of 49 acres (20 hectares).

The development is composed of uniquely designed two and three bedroom semi-detached and detached modern homes built to the highest quality with prices starting from USD 75,000.

There are currently three distinct house models which come in six different types at The Oxford, namely, The Eaton, Barton and the Walton.

“The Oxford is a fantastic addition to the residential offering at Appolonia,” said Anthony Okyere, CEO Appolonia.

“We now offer a range of options to residential buyers, whether they are looking for a plot to build their own home at our Nova Ridge development or an off the shelf option from The Oxford”.

An open day held in parallel to the launch attracted large crowds to Appolonia. Attendees viewed the progress of development across the 941 hectare site, the selection of plots at Nova Ridge the ‘Buy and Build’ residential development as well as the show homes at The Oxford.

Samuel Akan an attendee at the event commended the Appolonia development company for the work so far. “I came to the previous open day in October last year. The speed of development is very impressive. I was delighted to see such a wide range of house options at the site,” he said.

Appolonia will be home to 88,000 residents and 30,000-day visitors and create tens of thousands of jobs during its 20-year, phased development.

The development recently commissioned its first power substation, which will serve the first 4,000 residents at the project alongside announcing that Ghana Home Loans the leading home finance institution acquired the first commercial plot at the development.

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