Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Country Garden

<html><body>
Bisley, an impressive 4ha English-inspired mature parkland at Mount Wilson, has been sold two years after hitting the market. 
It's been sold by Graham and Beverly Thompson to an Otford couple, who have a small weekender in the Blue Mountains.
The most recent price guidance for the showpiece garden was $2 million to $2.2 million.
Now in autumnal colours, its first disclosed asking price was $2.75 million.
<div id="attachment_18418" class="wp-caption alignright">Bisley is landscaped in the style of an English country park with two lakes, clipped hedges, sweeping lawns and avenues of trees.</div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/Bisley1.jpg" alt=""></div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright">Among the many elements of this superb estate are two natural rock gardens at the location, 4-10 Beowang Road.</div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright">Thee is a 2m tall sandstone sculpture, Motherhood, by Blue Mountains sculptor Tom Coley.</div>
The trees are a feature, especially in autumn.
Gardening critics have suggested there’s a dense backdrop of stringybarks along the boundary and stands of other tall eucalypts by the large lake, creating mesmerising reflections on the water.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/Bis5.jpg" alt="">
The tulip trees and gingko dazzle yellow at this time, and nyssas, liquidambers , claret ash, Japanese maples among others wear their brilliant red cloaks.
"Without peer Bisley is Mount Wilson's finest garden property to be offered to the market in recent years," <a href="https://www.realestate.com.au/property-house-nsw-mount+wilson-126031122" target="_blank">selling agent Martin Schoedderrt said</a>.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/Bis4.jpg" alt="">
"Showing remarkable depth of insight into garden planning and a no-expense spared approach to it's execution, the current owners have transformed this thorn covered paddock into one of NSW's premier properties with over 30 years of love and toil," he said.
The first major plantings commenced in 1984 and have continued ever since, on a grand scale with excellent positioning and emphasis on the art of colour blending. 
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jchancellor-FAypfDUnLy

Bisley, Mount Wilson trophy garden estate sold after almost two years on market

<html><body>
Merribee, which has been a popular wedding setting for over 15 years at Numbaa, on the NSW South Coast has been listed for sale.
Merribee's <a href="https://www.realestate.com.au/property-acreage+semi-rural-nsw-numbaa-130915254" target="_blank">autumnal gardens</a> were once part of Alexander Berry's 100 sqm mile estate. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/8/Mer3.jpg" alt=""> The gardens feature seasonal veggies, herbs and fruits, flowering plants and trees.
Over the last 20 years, the owners have created a landscape reminiscent of a grand estate from Victorian times.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/8/Mer2.jpg" alt="">
It has successfully hosted continuous weddings and functions for over 15 years and has a full book of business through to the end of 2020. 
It offers the ultimate lifestyle and has a full book of business through to the end of 2020.
This article was first published in the Sunday Telegraph.
<div>
<div class="tell-me-more tell-me-more--expanded"> </div>
</div>
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j.ballantyne1990-6AQqhLzZaK

Merribee garden estate listed on the NSW South Coast

<html><body>
Country Garden Australia’s first project, ‘Ryde Garden’, in Sydney’s North Ryde, has officially reached completion, with the company stating Ryde Garden's completion represents a very important milestone for the company. The $580m residential development comprises 830 apartments across three high-rise towers of 12 to 28 storeys, situated on a 17,580 sqm site within the North Ryde Station Urban Activation Zone. 

Construction of Ryde Garden commenced in May 2016 with <a href="/developments?builder=Watpac">Watpac</a> delivering the expansive <a href="/architects/bates-smart">Bates Smart</a>-designed development, with buyers now moving into the first of three towers, with settlement of the other two towers also recently announced. Ryde Garden will ultimately become home to around 2,500 residents, who will enjoy uninterrupted views encompassing the city and the surroundings.

The development is set around a central landscaped 4,000 sqm park designed by Aspect Studios also designed the landscaped rooftop gardens which come complete with BBQ’s. Further resident amenity has been provided by way of parking for 730 cars and 336 bikes, a private 30-metre lap pool, gymnasium, childcare facility, street level retail and concierge.

Ryde Garden is also conveniently located in close proximity to Macquarie Centre, restaurants, cinemas and other lifestyle facilities and well served by the North Ryde (underground) Station connecting the development to Macquarie University and Chatswood.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/ryde_garden_0252.jpg" rel="gallery-all" title="The development is centred around a 4,000 sqm park. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/ryde_garden_0252.jpg?itok=nrPWNZE2" title="The development is centred around a 4,000 sqm park. Image: Supplied" width="580"></a>

<figcaption>The development is centred around a 4,000 sqm park. Image: Supplied</figcaption></figure><h2>What they say...</h2>

<blockquote>
Ryde Garden is a fine example of Watpac’s expertise in delivering multi-use developments and we’re pleased to have been able to bring this project to life for Country Garden Australia. The construction process required disciplined project management capabilities, given at its peak 550 workers were working on site each day, contributing to a monthly turnover of around $21 million.

The complexities of building three towers in a two and half year period required meticulous planning and engagement, and I congratulate the Watpac project team for their efforts and commitment to delivering an outstanding development for Country Garden Australia. Country Garden Australia envisioned a precinct that would be enjoyed by residents and the local community alike, and I congratulate them on achieving this.

We’ve thoroughly enjoyed working with their team and thank them for entrusting Watpac with their first project in the country. We look forward to continuing this relationship into the future and hope there are many more projects together to follow.

- Martin Monro, Watpac Managing Director
</blockquote>

 

<blockquote>
It’s incredibly exciting to see a labour of love come to fruition after a lot of hard work from our internal team and all of our project stakeholders. We are extremely proud of this project, especially given it’s our first in Australia.  It’s proof of our capabilities in delivering masterplanned communities that locals are proud to call home.

It’s also testament to our versatility and capacity to deliver across various asset classes, as we are better known for large-scale house and land communities featuring major infrastructure and amenity, such as our ‘Windermere’ project outside Melbourne, which has just commenced site works.

We are really looking forward to the Ryde Garden community developing as all three towers become inhabited.  For us, it’s not just about building houses, but more about developing engaging communities... that’s why we build.

- Dr Guotao Hu, CEO of Country Garden Australia
</blockquote>
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Laurence Dragomir

Watpac delivers Country Garden Australia’s first project

<html><body>
<div class="cq-article-content-paras section">
The Australian head of a Chinese property developer mentioned by a NSW government MP caught up in a corruption inquiry says Country Garden has "zero tolerance" for illegal behaviour.
Country Garden Australia chief executive G.T. Hu declined to comment to Fairfax Media on the explosive recording of MP Daryl Maguire's conversation with former Canterbury City councillor Michael Hawatt, after it was played in Friday's hearing of an Independent Commission Against Corruption inquiry.
The Operation Dasha ICAC hearing was played a recorded telephone conversation from May 9, 2016, in which Mr Maguire claims to be the ­middle man between Country Garden and investors.
Maguire was recorded saying Country Garden could pay him “a couple of grand a day” to facilitate meetings.
Maguire resigned from the parliamentary Liberal Party with pressure on him quit the State Parliament where he represents Wagga Wagga. 
Maguire has held the safe seat since 1999 when he took over from Joe Schipp.
Gladys Berejiklian, the NSW premier is urging disgraced state MP Daryl Maguire to reconsider his position in politics after secret phone recordings of him discussing potential developer “dividends” were played at a Sydney corruption inquiry.
In a phone tap, Maguire said the developer was a "client" of his.
He discussed making a commission from the sale of a Campsie development site to the company.
"I need to talk to my consultants and my lawyer first," Mr Hu told The Australian Financial Review on Sunday. "What I can tell you is that Country Garden is a responsible company and we have zero tolerance for any illegal things [by] any employees."
</div>
<div class="cq-article-content-media section">Hu declined to say anything when asked why Maguire was heard to be asking Hawatt about shovel-ready sites that Country Garden could acquire in the May 2016 conversation</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">"I think you'd better ask him," Mr Hu said. "Because he mentioned our company. You'd better be asking him."</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The Hong Kong-listed Country Garden, the largest Chinese developer by sales last year, entered Australia in 2013.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It hit the headlines in 2014 when Country Garden was in discussions to take over Sydney-based Meriton from Harry Triguboff.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The developer owns 429ha in Wollondilly, along with sites in Canterbury-Bankstown, Campsie and Ryde.</div>
<div class="cq-article-content-media section">
It was also revealed last month paying $69.88 million to secure Cawdor Road, Cawdor land it knew would benefit from the M9 orbital, months before the route of the orbital was known to locals.
</div>
<div class="cq-article-content-paras section">
It expanded into the house-and-land market last year, with a record-breaking $400 million purchase of a 363-hectare site in Melbourne's west.
In 2017, Fortune magazine released its list of Global 500 companies for 2017 with Country Garden included in the authoritative list for the first time.
Country Garden is a property development company based in Guangdong Province, China, owned by Yang Guoqiang's family. It focuses on building high-end residential property.
Founded in 1992 and listed on the Hong Kong stock exchange since 2007, it is controlled by China’s richest heiress, Yang Huiyan.
As a strong advocate and supporter of China's new urbanization process and a creator of green, Country Garden has reshaped over 500 Chinese towns from tier 1 to tier 5.
The Chinese property developer has over 900 projects ongoing outside of its home market.
Country Garden was not the only developer with links to Maguire.
In 2015 he visited the headquarters of Aoyuan International, the developer of Sydney's 38-level ONE30 Hyde Park development. 
</div>
<div class="cq-article-content-paras section">
An Aoyuan press release says Mr Maguire met the company's chairman Guo Zi Wen at its headquarters in Guangzhou in southern China in 2015.
Maguire told Hawatt, a key figure in the current ICAC inquiry into suspected corruption at Canterbury Council, that his client was "mega big", had "mega money" and was hungry for development sites with permits in place.
"I need a few things to feed my friends," Maguire tells Hawatt in the 2016 recording.
"They want 30 projects, rolling, and ideally they want something that's DA approved, a couple that are DA approved and ready to go. How much per unit site are they asking?"
</div>
<div class="cq-article-content-media section">Maguire told Hawatt that the commission of 1.5 per cent that the owner of the Canterbury Road development site was willing to pay Hawatt was not enough. </div>
<div class="cq-article-content-paras section">
"One point five per cent isn't enough divided by two, if you know what I'm talking about," Maguire said. "Three per cent's a lot better."
The Sunday Telegraph reported Maguire set up a meeting with Country Garden executives and the NSW Planning Minister Anthony Roberts last August.
The Sunday Telegraph can reveal Wagga Wagga State MP Daryl Maguire organised an “introductory” meeting for Mr Roberts to meet with two CEOs from Country Garden on August 9 last year.
Staff advised a 15-minute meeting could occur only on the condition Country Garden observe the minister’s office protocol of not discussing any site-specific projects or proposals, and that a disclosure form be completed by the company prior to the meeting.
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