Sunnyvale is developed by Roxy-Pacific Holdings Limited. The developer is an established property and hospitality group with an Asia-Pacific focus and a track record that extends back to May 1967.
Sunny Vale Developer
Listed on the SGX Mainboard on 12 March 2008, the Group is principally engaged in the development and sale of residential and commercial properties ("Property Development") and the ownership of Grand Mercure Roxy Hotel and other investment properties ("Hotel Ownership and Property Investment").
In Property Development, Roxy-Pacific is an established brand name for small to medium size residential developments such as apartments and condominiums targeted at middle to upper middle-income segments.
Between 2004 and 2015, the Group developed and launched 39 small to medium sized developments comprising a total of more than 3,400 residential and commercial units in Singapore.
The Group also owns the Grand Mercure Roxy Hotel, managed by international hotel operator, Accor Group. Strategically located in the East Coast area, the hotel is close to the CBD, the Changi airport and the Marina Bay Resort Casino. In 2015, the hotel enjoyed a high average occupancy rate ("AOR") of 89.6% and an average room rate ("ARR") of S$169.20. Beyond Singapore, the Group has opened its first upscale boutique hotel under the Noku Roxy brand name in Kyoto, Japan and acquired other land parcels intended for development into hotels in Phuket, Thailand, and Perth, Australia.
For Property Investment, the Group owns 52 retail shops at The Roxy Square Shopping Centre in Singapore. In Australia, Roxy-Pacific owns a 28-storey freehold commercial building at 59 Goulburn Street, Sydney, which is strategically located in the CBD area. Most recently, it has acquired a 14-storey, freehold, commercial building in Sydney's CBD.