Home News US developer, local bank partner on new gated-community
…to redefine luxury living in Guyana
United States (US)-based housing developer, Coastal Rim Properties Inc, has partnered with Guyana’s NewHayven Merchant Bank to establish a new gated-community – The Oasis at Ogle – which will redefine luxury living in the country.
This development is set to be coming on stream in 2025, according to a statement on Sunday.
It was noted that this upcoming launch of The Oasis at Ogle, an innovative luxury mixed-use community, will transform Georgetown’s residential and commercial landscape.
“Located just minutes from ExxonMobil Guyana’s headquarters and Ogle International Airport, The Oasis at Ogle will feature modern residences, upscale retail, and world-class amenities in a secure, fully gated community. This landmark project promises to redefine luxury living in Guyana, offering residents and visitors a unique blend of comfort, convenience, and sophistication,” the missive detailed.
Set across lush natural beauty, The Oasis at Ogle redefines luxury as Guyana’s first fully integrated lifestyle community. Blending modern architecture with the tranquility of the rainforest, it is a place where every comfort is considered and every moment feels exceptional.
It was designed by the award-winning Macro Design Studio with one bedroom, two bedrooms and three-bedroom estate houses as well as condominium style apartments available.
Residents are surrounded by curated gardens, serene blackwater-inspired lagoons, private pools, and exclusive recreational spaces—enjoying peace of mind within a fully gated community with 24/7-armed security, and the indulgence of a luxury spa just steps away, the official project website stated.
The Oasis at Ogle will set a new standard as Guyana’s premier shopping and lifestyle destination, featuring over 100,000 square feet of world-class retail, dining, and entertainment.
For the first time in Guyana, shoppers will enjoy the convenience of secured covered parking, alongside a curated mix of top global retailers and exceptional dining options.
From luxury boutiques and fine dining to vibrant entertainment, The Oasis at Ogle will blend world-class brands with local artisans, businesses, and cuisine, creating a unique and immersive experience.
The Optional Developer Guaranteed Rental Programme at The Oasis at Ogle offers a flexible way to earn up to a 13 per cent annual rental yield. For select units, the developer provides the option to lease your property back from you for a term of 1 to 5 years, ensuring consistent and hassle-free rental income.
This optional programme is designed to provide a passive income solution while you retain full ownership of a premium residence in Guyana’s most exclusive community. With Guyana’s rapid economic growth and rising property values, your investment offers the potential for both immediate returns and long-term appreciation.
This transformative development is the result of a strategic joint venture, combining NewHayven’s local expertise with Coastal Rim’s proven 50-year track record of delivering over 6,000 homes and millions of square feet of commercial and office space across the US.
As a premier real estate developer with a robust portfolio across Hawaii, Texas, and the West Coast, Coastal Rim Properties Inc., according to its website, is dedicated to developing properties that not only meet the highest industry standards but also contribute positively to the communities they serve. Our award-winning team continues to push the boundaries of real estate development, ensuring that their projects are synonymous with quality, sustainability, and community enrichment.
Dubbed as Guyana’s merchant bank, the NewHayven Merchant Bank is a dynamic and resourceful conduit of opportunity for investors. According to its website, the bank provides clients with a full range of investment services, facilitating solutions through professional management and meaningful partnerships in Guyana, the Caribbean, and the wider World.