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

Crown Group

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Sydney’s Crown Development Group has purchased a significant residential development site in Brisbane’s West End for $35 million. 
The purchase at 117 Victoria Street marks Crown’s first entry into the Brisbane market.
It plans to construct a high-density residential tower on the riverfront site with over 400 apartments and adjacent recreational areas.
Cushman &amp; Wakefield’s Nick Spiro and Andrew Gard managed the expressions of interest campaign generating interest from local, interstate and offshore developers with over 200 inquiries.
Located in close proximity to South Brisbane and West End’s retail, dining and entertainment precincts, the 117 Victoria Street site (pictured above) comprises a 12,500sqm high density residential zoned lot with an assessable development height of 12 storeys.
It is one of the last remaining development sites over 1Ha in Brisbane’s inner south area. The land has a 5,100sqm office/warehouse facility which was previously occupied by Computershare.
The sale is the largest development site transaction within Brisbane’s city fringe market in 2018, representing a return to positive development market sentiment after a period of subdued demand. 
Crown’s residential development project will complement existing developments within the West End peninsula, including Turrisi’s Bohemia West End, Stockwell’s Virtuoso, BPM’s Bank Street Project, Sekisui House’s West Village site and Pradella’s Light &amp; Co project.
Commenting on the sale, Nick Spiro, said the West End development market has been subject to substantial swings in sentiment, however, Crown’s purchase of 117 Victoria Street was a sign that the development market "has passed its low point and is well positioned for future growth.”
The last three sites over 1ha in West End have sold to Crown, R&amp;F and Sekisui House who are all national or offshore developers.
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j.ballantyne1990-6AQqhLzZaK

Crown Group secures Brisbane West End residential development site for $35 million

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Following its mixed-use development in Parramatta, Crown Group was awarded the 2018 UDIA NSW Mixed-Use award for its 514-apartment tower V by Crown Group at the annual Urban Development Institute of Australia (UDIA) NSW Awards for Excellence last weekend.
Crown Group Chairman and Group CEO Iwan Sunito said the prestigious award recognised the company’s dedication to create an iconic residential development for the site.   Positioned in the heart of Parramatta, and referred to by local media as Parramatta’s “Vertical Village”, V by Crown Group includes a private pool, gym, sauna, conference facilities, music room, theatrette, library, state-of-the-art archaeological showcase and level-26 bar; plus a boutique hotel and ground level retail-and-dining plaza.   "This award is a recognition of the unique design of V by Crown Group, a development which reflects the past, present and the future," Sunito said.   Iwan, who is also an architect, has often expressed his desire to use innovative designs rather than to simply follow designs of the past.   "We strive to push the boundaries of conventional design, to create revolutionary breakthrough developments," Sunito said.   "After more than 20 years of growth, we continually strive to create award-winning architectural designs across Sydney’s skyline." 
<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/2018/8/8/V%20by%20Crown%20Group%20Lobby.jpg" alt=""> Designed by international architects Allen Jack + Cottier (AJ+C) in collaboration with the Japanese born architect, Koichi Takada, V by Crown Group includes two large V-shaped columns, each standing a striking three storeys tall; highlighting its main entrance on the corner of Macquarie and Marsden streets Parramatta.   The development involved the preservation of a number of key elements of Parramatta’s historical and cultural past, including the remains of a convict hut found during excavation and uniquely displayed for public view in a purpose-built display centre located on-site.
Named the “The Philip Ruddock Heritage Centre,” the public showcase was officially opened to the public by NSW Premier Gladys Berejikilian along with Mayor of Hornsby and former member for Parramatta, Philip Ruddock and Crown Group CEO Iwan Sunito in December 2017.   V by Crown Group is also home to the first Skye Hotel Suites; Parramatta’s first five-star hotel offering 72 luxury suites catering for domestic and international visitors to Parramatta.   At ground-level, V by Crown Group’s modern retail precinct is home to Husk + Vine Restaurant and Bar, The Shed Café among other eateries and retail outlets.   V by Crown Group’s second tower was completed in 2017.
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Crown Group wins design award for Parramatta mixed-use development 

Crown Group&#39;s intentions for a sizeable tract of Waterloo land have become clearer, with five separate development applications now before City of Sydney.

Most notable is the exhibition of Building C which is&nbsp;44-48 O&rsquo;Dea Avenue&#39;s largest intended building. <a href="https://www.crowngroup.com.au/crown-group-reveals-first-image-kengo-kuma-designed-tower/">Already flagged by the developer</a> earlier in the year,&nbsp;Building C combines the design talents of&nbsp;Koichi Takada Architects with Japan-based Kengo Kuma and Associates.

The distinct 20 storey tower includes a cantilevered infinity-edge pool atop the building, gym and community room. Externally the facade is laden with greenery&nbsp;with the intent of emulating a stacked forest.

The tower includes 153 apartments, split between 11 studio, 42 single, 84 double and 16 triple bedroom configurations. 123 vehicle bays are included within 4 basement levels.

<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/image95_5.jpg" rel="gallery-all" title="Street level perspective. Planning image: KTA / KKAA"><img alt="" class="image-article-full-width-580px" height="362" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image95_5.jpg?itok=DynewUJy" title="Street level perspective. Planning image: KTA / KKAA" width="580" /></a>

<figcaption>Street level perspective. Planning image: KTA / KKAA</figcaption>
</figure>

On&nbsp;the design, the architectural partnership provides the following commentary:

<blockquote>
The building form creates a gentle and responsive transition from the tower to podium creating a better urban relationship to the lower scale developments within the immediate context.

The use of wood look battens across the facade creates a high level of articulation and dynamism along the entire building length. The warm and natural material pallete is used throughout the building in order to create an intrinsic connection back to nature and is evident through the resort style amenities for the residents.

The relationship to nature is further strengthened through three predominant landscaped areas in the building. The design brings a high quality and architecturally responsive aesthetic along the entire streetscape and a new iconic gateway to the heart of Waterloo.
</blockquote>

<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/image96_1.jpg" rel="gallery-all" title="Interior space within Building C. Planning image: KTA / KKAA"><img alt="" class="image-article-full-width-580px" height="282" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image96_1.jpg?itok=FUeoBriZ" title="Interior space within Building C. Planning image: KTA / KKAA" width="580" /></a>

<figcaption>Interior space within Building C. Planning image: KTA / KKAA</figcaption>
</figure>

Simultaneously plans have been released for Crown Group&#39;s fifth and final instalment of their Waterloo development. Silvester Fuller&#39;s design for Building A will consist of 40 apartments within a 5 storey golden-laced edifice.

5 studio, 12 single, 19 double and 4 triple bedroom apartments are included above retail space and two basement levels for 38 vehicles.

Silverster Fuller say:

<blockquote>
The building is conceived as a community of dwellings connected by communal spaces. Its architectural identity celebrates the intersection of Archibald Avenue and Lachlan Place as an expressed front door and vertical connector, linking the Entry to the Communal Open Rooftop above.

The external connecting stair is a marker defining the building entry and connection to the rooftop garden. Creating a naturally lit and ventilated vertical circulation experience reinforces the wellness principles which underpin the design strategy.
</blockquote>

<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/image97_2.jpg" rel="gallery-all" title="Building A on display. Planning image: Silvester Fuller"><img alt="" class="image-article-full-width-580px" height="310" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image97_2.jpg?itok=WMzJM5op" title="Building A on display. Planning image: Silvester Fuller" width="580" /></a>

<figcaption>Building A on display. Planning image: Silvester Fuller</figcaption>
</figure>

With all five projects at planning, Crown Group are looking to add as many as 388 apartments over their O&#39;Dea Avenue site.&nbsp;

The collection of buildings seemingly hold a similar architectural language in style and colours, although as has been noted the buildings&nbsp;express their own &quot;clear identity within a collection of individual buildings designed to balance diversity with a sense of place.&quot;

Crown Group&#39;s Waterloo precinct will slot in behind a number of other Sydney projects the developer has in progress. Marquee projects&nbsp;<a href="/buildings/arc-by-crown-group-161-clarence-street-sydney">Arc by Crown</a>,&nbsp;<a href="/new-apartments/zetland-nsw-2017">Infinity by Crown</a> and <a href="/buildings/castle-residences-sydney-116-castlereagh-street-sydney">Castle Residences</a> are at construction, leaving <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">Eastlakes Live</a> at sales and <a href="/buildings/waterfall-by-crown-group-18-20-odea-avenue-waterloo">Waterfall by Crown</a> as forthcoming projects.

[smartcode_project_cta: project_id=7020]

<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/image99_3.jpg" rel="gallery-all" title="Building B, D and E round out Crown Group's Waterloo intentions"><img alt="" class="image-article-full-width-580px" height="204" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image99_3.jpg?itok=WXKgzChr" title="Building B, D and E round out Crown Group's Waterloo intentions" width="580" /></a>

<figcaption>Building B, D and E round out Crown Group&#39;s Waterloo intentions</figcaption>
</figure>

silvermb

Crown Group's design full house for Sydney's Waterloo

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Crown Group's third land parcel within their expansive Waterloo development precinct has reached planning.

Koichi Takada Architects have taken on design duties once more for the latest instalment, which is referred to as Building B. Thus far Buildings D and E edged into planning during March; Koichi Takada Architects have maintained a similar scale and design language across all three intended apartment projects.

The latest inclusion will cost in excess of $33 million to deliver and consists of 56 apartments across various living formats.

<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/image73_5.jpg" rel="gallery-all" title="Reed Street perspective. Planning image: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="328" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image73_5.jpg?itok=IOcDZd3U" title="Reed Street perspective. Planning image: Koichi Takada Architects" width="580"></a>

<figcaption>Reed Street perspective. Planning image: Koichi Takada Architects</figcaption></figure>Set over 6 levels, the 56 apartments are split between 6 x studio, 18 x 1 Bedroom, 28 x 2 Bedroom and 8 x 3 Bedroom options. The inclusion of studios within Building B is reflective of Crown Group's move to diversify the living options within the initial two planning applications.

Basement parking provides 58 vehicle bays alongside provisions for bicycles.

An expansive 240 square metre retail tenancy will corner Reed Street and Archibald Avenue, bolstering the retail intentions of the overall development. Thus far 16 retail and food/cafe tenancies have been included over the initial two buildings.

<blockquote>
Koichi Takada Architects' design for Lot 9 (Building B) focuses on providing a building that enhances the new streetscape. The proposal provides an iconic and recognizable addition to the new Lachlan Precinct.

A highly articulated facade defines the horizontality of the building, creating an organic form along the entire building’s length. The articulation assists to break down the mass of the building facade while the organic nature of the horizontal banding helps emphasise the street corners.

The artfully designed facade incorporates an integrated awning into the design to create a holistic design aesthetic. 
<cite>Design Statement: Koichi Takada Architects</cite>
</blockquote>

The 56 apartments slated for Building B are in addition to the 139 across both earlier stages.

<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/image72_3.jpg" rel="gallery-all" title="Crown Group's initial two residential intentions for Waterloo. Planning images: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="222" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image72_3.jpg?itok=fzMuOllF" title="Crown Group's initial two residential intentions for Waterloo. Planning images: Koichi Takada Architects" width="580"></a>

<figcaption>Crown Group's initial two residential intentions for Waterloo. Planning images: Koichi Takada Architects</figcaption></figure>Crown Group's trio of modest-sized apartment projects are located within the Lachlan Precinct in Waterloo which forms part of the Green Square Urban Renewal Area.

City of Sydney's vision for the Lachlan Precinct is that "it will continue to gradually transition from industrial and warehouse uses to a mixed-use residential neighbourhood with high-quality buildings and public spaces." The developer and architect have heavily invested into their precinct's ground plane, as evidenced by the numerous retail spaces principally fronting Archibald Avenue.

Crown Group's development site is strategic in that it holds the major axis intersection. Gadigal Avenue runs north-south and is pegged as a major mixed-use thoroughfare whilst Archibald Avenue is on an east-west setting and is slowly developing as the precinct's main retail and café strip.

Imagery for Building B also includes the taller 19 level future residential tower <a href="https://architectureau.com/articles/kengo-kuma-koichi-takada-to-design-vertical-urban-forest-for-sydneys-waterloo/">jointly designed by Kengo Kuma and Koichi Takada Architects</a>. 

Crown Group can expect approximately 380 apartments across all stages of their Waterloo development.
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Third time over; Crown Group tracks a third Waterloo apartment project

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Crown Group have lodged their second development application within a month for a large tract of land in Waterloo.

Building D is the second of five separate land parcels within the developer's expansive site which falls across the Lachlan Precinct renewal area. Addressed 44-48 O'Dea Avenue, the development in its entirety will see buildings of up to 20 levels delivered.

For the time being though Crown Group has seen it fit to focus on the smaller-scale aspect of their budding precinct. The freshly lodged Building D at 7 levels is similar in scale to <a href="/news/koichi-takada-designs-crown-groups-next-considerable-residential-project">Building E which was lodged during March</a>, albeit with a lower overall apartment count.

As with the first stage, Koichi Takada Architects have been given the design duties.

<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/image11_22.jpg" rel="gallery-all" title="Archibald Avenue and Reed Street perspective. Planning image: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="307" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image11_22.jpg?itok=dXav2A5-" title="Archibald Avenue and Reed Street perspective. Planning image: Koichi Takada Architects" width="580"></a>

<figcaption>Archibald Avenue and Reed Street perspective. Planning image: Koichi Takada Architects</figcaption></figure>Building D contains 7 commercial tenancies and 44 residential apartments above 2 levels of basement parking and services. The intended apartment split sees 2 studios, 12 single bedroom, 24 double bedroom and 6 triple bedroom apartments rolled into the building.

Both Buildings D and E maintain similar external gold banding, although Building D's external arrangement is in a vertical configuration. Koichi Takada Architects describe Building D as follows:

<blockquote>
The development is organised in 2 primary masses formed in a L-shape. This comprises of a 4 storey low rise built form along Archibald street, and a 7 storey mid rise fronting Gadigal Ave.

The continuous awning both enhances the streetscape quality and continuous nature of the active street frontage. The upper floors integrate a vertical blade treatment along the facade which assists in breaking down the massing.

As the facade wraps around the building on the three primary frontages, it assists in creating a dynamic facade that helps to break down the apparent mass and visual bulk of the building. The built form is driven by principles of natural ventilation, solar access and visual privacy. 
</blockquote>

<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/image14_16.jpg" rel="gallery-all" title="Crown Group's initial Waterloo site. Planning image: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="382" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image14_16.jpg?itok=37FzSdoj" title="Crown Group's initial Waterloo site. Planning image: Koichi Takada Architects" width="580"></a>

<figcaption>Crown Group's Waterloo site. Planning image: Koichi Takada Architects</figcaption></figure>Thus far combined apartment numbers between both lodged applications amount to 139.

Both are located within the Lachlan Precinct which forms part of the Green Square Urban Renewal Area. City of Sydney's vision for the Lachlan Precinct is that "it will continue to gradually transition from industrial and warehouse uses to a mixed-use residential neighbourhood with high-quality buildings and public spaces."

Crown Group's development site is strategic in that it holds the major axis intersection. Gadigal Avenue runs north-south and is pegged as a major mixed-use thoroughfare whilst Archibald Avenue is on an east-west setting and is slowly developing as the precinct's main retail and café strip.

Koichi Takada Architects' commentary on Building D's street level interaction included the following:

<blockquote>
Koichi Takada Architects focuses on a design that enhances both public and residential amenity. The ground plane opens to Archibald Ave, with a highly active retail frontage that will invigorate the streetscape and public domain, providing continuous row of retail tenancies.

The primary active frontage faces south while maximising the district outlook and enhancing available amenity.
</blockquote>

<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/image12_14.jpg" rel="gallery-all" title="The prospective view from Gadigal Avenue. Planning image: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="315" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image12_14.jpg?itok=Ug438OFN" title="The prospective view from Gadigal Avenue. Planning image: Koichi Takada Architects" width="580"></a>

<figcaption>Building D view from Gadigal Avenue. Planning image: Koichi Takada Architects</figcaption></figure>
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Crown Group doubles up in Waterloo

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Japanese architect Kengo Kuma’s design submitted in partnership with Australian architecture firm Koichi Takada Architects, has been named the winner in a competition to design Crown Group’s new tower for Sydney’s Waterloo. 
Forming part of a five-building development in Waterloo which also includes three buildings designed exclusively by Koichi Takada Architects and a building designed by Sydney-based architects Silvester Fuller, the 19-storey tower will feature a cantilevered infinity-edge rooftop pool, gym and community room with a plant-filled, green exterior designed to emulate a stacked forest.   The development at 48 O’Dea Avenue Waterloo will comprise 384 luxury apartments across five buildings, ranging 4 to 19 storeys and a mix of restaurants, cafes and shops. Overseen by the City of Sydney, a competition to design the development's tallest building attracted a high-calibre of entries judged by a panel of experts including independent architects, assessing architectural design excellence. The winning entry was officially announced today. It will be the first time Kengo Kuma and Associates has designed for the award-winning Australian developer founded with its first development in Bondi in 1996.   Renowned for his designs which show respect for tradition while considering the needs of the future, Kengo Kuma recently designed the 2020 Olympic Stadium Tokyo and the internationally-acclaimed V&amp;A museumin Dundee, Scotland.   Crown Group Chairman and Group CEO Iwan Sunito said he was proud to have the three architecture firms involved in the company’s landmark development in Waterloo.   The collaboration between Kengo Kuma and Koichi Takada was a world first, Mr Sunito said.   “Kengo Kuma and Koichi Takada each have their own unique style and ethos, which fit with Crown Group’s desire to push the boundaries of design,” he said.   “Both architects have proven to be true leaders in their field, renowned for their creativity. I feel the collaboration of the two will lead to something new and unique for Sydney.
<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/2018/4/3/koch2.jpg" alt="">   “We are excited to be able to take the next step in furthering the path of Sydney as it becomes increasingly recognised for its leading architecture.   “This development will be a forward-thinking new addition to Sydney’s Green Square redevelopment precinct,” Mr Sunito added.   The development will be Crown Group’s third development in Waterloo, following the award-winning Viking by Crown Group completed in 2014 and the recently launched Waterfall by Crown Group.   Kengo Kuma founded Kengo Kuma and Associates, Inc. in 1990 and the company has established a long history in the architect’s home nation; Japan but last year made its first foray into Australia with a tower in Sydney’s Circular Quay and The Darling Exchange which forms part of the NSW Government’s $3.4 billion plan to redevelop Darling Harbour. Kengo studied at Columbia University in New York City and made the top five of last year's Dezeen Hot List.   “Our intention is to give a warm and a natural atmosphere to the community with unique design strategies,” Mr Kuma said.   “The upper volume of the tower seamlessly transforms into the lower part of the stepped terraces in order to create an intimacy between the building scale and the pedestrian scale on the street level. “Eaves wrapping the façade are covered by sticks which give a warm impression of the wood to the façade.   “The entire façade becomes a vertical urban forest by having a vegetation on each eave.   “Those strategies will blur and soften the profile building, and give a whole new image of the W48 precinct of the Waterloo,” Mr Kuma added.   With more than 40,000 jobs expected to be created in the Green Square area by 2030, the development will be home to hundreds of new Waterloo residents when completed in 2020.   Japanese-born Koichi Takada began his career in Tokyo and moved to Sydney in 1997. His firm Koichi Takada Architects has won multiple awards for its designs including residential, retail, hospitality and cultural venues. The new Waterloo development will be the fourth Crown Group development designed by Koichi Takada Architects, following Skye by Crown Group in North Sydney, Arc by Crown Group in the CBD and the multi award-winning Infinity by Crown Group in Green Square. “It is my honour to work alongside Kuma sensei, the Japanese master of architecture. It is a dream come true,” Mr Takada said.    “Responding to Kengo Kuma’s vision for the tallest of the five buildings, I am excited to design three low-rise buildings that create a dynamic architectural dialogue within the precinct.   “Crown Group’s on-going vision for Waterloo will continue to positively regenerate the area’s former industrial warehouses with an ‘organic’ and ‘healthy’ green neighbourhood, celebrated by their signature resort-style living for residents and a new street culture to benefit the public.   “I drew on an idea of ‘green luxury,’ finding inspiration in nature. Each building is designed with a ‘human touch’ to express its organic and distinct architectural character,” Mr Takada added.   More details of the development will be revealed in June and apartment sales are expected to begin later this year.   Crown Group will begin accepting registrations of interest from potential buyers in June.  
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Kengo Kuma’s ‘Stacking Forest’ design wins competition for new Sydney, Waterloo tower

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The initial stage of Crown Group's multiphased redevelopment of a substantial land track in Sydney's Waterloo has been unveiled.

The developer earlier this month lodged plans for the first of five separate stages within its Lachlan Precinct land parcel. Addressed 44-48 O'Dea Avenue, the overall development will ultimately see multiple buildings delivered, climbing as high as 20 levels.

The subject of the initial application though is Building E, a more modest 8 level apartment development. The 2,993 square metre island site is set well back from O'Dea Avenue and is bound by Archibald Avenue, Gadigal Avenue, Reed Street and Hatbox Place. 

Koichi Takada Architects is behind the design, having created a number of stand out residential buildings for Crown Group in recent times. Building E, too, shapes as an architectural statement, holding winged feature aluminium corners that soften an otherwise squared form.

<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/image9_20.jpg" rel="gallery-all" title="Street level perspective. Planning image: Koichi Takada Architects"><img alt="" class="image-article-full-width-580px" height="272" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image9_20.jpg?itok=RXp8qBge" title="Street level perspective. Planning image: Koichi Takada Architects" width="580"></a>

<figcaption>Street level perspective. Planning image: Koichi Takada Architects</figcaption></figure>95 apartments are slated for the initial stage, which has a development cost beyond $41 million. Crown Group have provided a spread of living options within Building E, electing to include 10 studio, 29 single, 45 double and 11 triple bedroom apartments.

Internal areas for the respecting living options begin at 35 square metres for studios, 50 square metres for singles, 70 square metres for doubles and 90 square metres for triples.

The apartments, along with 11 retails tenancies predominantly facing Archibald Avenue, will be serviced by dual basement levels accommodating 105 parking bays. 
At ground level, a publicly accessible and landscaped through passage will account for roughly 30% of the site's footprint, with a small degree of built form above, effectively creating a U-shaped building. Part of the above build form is a fourth level terrace for future residents.

<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/image16_12.jpg" rel="gallery-all" title="Joint Koichi Takada - Crown Group projects to date"><img alt="" class="image-article-full-width-580px" height="334" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image16_12.jpg?itok=4oULD1xP" title="Joint Koichi Takada - Crown Group projects to date" width="580"></a>

<figcaption>Joint Koichi Takada - Crown Group projects to date</figcaption></figure>Building E aside, Crown Group has taken a liking to Koichi Takada's flowing lines in recent times; the duo has collaborated on a number of projects in inner Sydney. Skye, Arc and the highly distinctive Infinity with its roughly 400 apartments, retail and convention facilities are Koichi Takada designs for the prolific developer.

Another upcoming project sees Crown Group team with architecture firm FJMT to deliver a $1 billion rejuvenation project to Sydney's southern suburb of Eastlakes. Crown Group is also planning its first Melbourne project.

Teaming with G3 Projects, the duo is reportedly developing 175 Sturt Street, Southbank. It went to planning during 2016 and still remains there.
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Koichi Takada designs Crown Group's next considerable residential project

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Crown Group have revealed its new Eastlakes town centre development.
The image shows the modern retail and restaurant area which will be in the first stage of the $1 billion redevelopment.
Dubbed Eastlakes Live, the fjmt-designed project will comprise modern residential apartments and a new restaurant and retail precinct. 
Stage one of the development will include 134 apartments.
They will range from one-bedroom apartments to penthouses.
There will also be 12 retail outlets.
Stage two of Eastlakes Live will include a mix of residential and retail components, with details still to come, completing the modern new town centre.   The development site adjoins Eastlakes Reserve and is located eight kilometres from Sydney’s CBD and three kilometres from the University of South Wales, Sydney Airport and Green Square.
There will be two major supermarkets fresh food offerings, a restaurant promenade, street cafes, a medical centre, as well as densely landscaped gardens and children’s play areas.
Crown Group chairman and group CEO Iwan Sunito said the development was designed to "create a new entertainment and lifestyle precinct for Sydney."
“This is the first stage of our concept of creating a thriving and modern urban village - anchored by a residential component and filled with dynamic retail, entertainment and outdoor recreation opportunities.
The new development draws on the success of Crown Group’s multi-award-winning Top Ryde City Living project which successfully integrated 653 residential apartments within seven towers above a modern shopping centre. 
Crown Group will begin sales of 134 luxury apartments in the first stage of Eastlakes Live in June 2018, with completion slated for 2020.
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Crown Group reveal Eastlakes' $1 billion redevelopment

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James Packer is looking overseas to sell apartments in his ­luxury residential tower in Sydney’s Barangaroo at a time when the property market in the Harbour city has shown signs of slowing.
The 81 exclusive apartments are expected to hit the market soon via an expressions-of-interest targeted marketing campaign, followed by a formal launch.
And the target are the wealthy in global cities. 
“Buyers in the gateway cities of the world will be targeted including­ London, New York, United Arab Emirates, Singapore, Southeast Asia, Hong Kong, Shanghai and Beijing,” Crown executive vice-president Todd Nisbet was cited as saying by The Australian.
Crown’s marketing push comes as Sydney home values were steady over the month and edged up just 0.3 per cent over the quarter, rising 13 per cent over the past year.
Melbourne values rose 0.5 per cent in August, 1.9 per cent over the quarter and 12.7 per cent over the year.
The apartments are being marketed by real estate agent Knight Frank and its London figurehead, Lord Andrew Hay. 
Nisbet said he expected the 81 “sky homes” in the Crown residential tower also to appeal to the domestic Australian ­market. 
“This isn’t the kind of project focused on the Chinese investors,” he said, clearly implying that the apartments are not being targeted towards Chinese buyers.  
“Investors are not the type of buyer that it is going to resonate with. We are targeting specific demographics and we will not disclose pricing at this time.’’
Though the pricing is being kept under wraps, there’s speculation that the penthouse atop the Barangaroo tower, to be branded Crown Sydney, One Barangaroo, could come with a price tag as high as $100 million.
Last year, Packer's Crown Resorts secured approval for his $2 billion Sydney casino at Barangaroo.
 
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James Packer looks to market luxury ‘sky homes’ in Barangaroo to foreigners

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Property developer Crown Group’s development in Sydney’s Waterloo has sold more than $300 million worth of apartments at its launch, which the company said is a new sales record.  
The off-the-plan project, Waterfall, at 18 O’Dea Avenue will comprise 331 apartments ranging from studios to three bedroom units and even courtyard apartments and double-storey penthouses.
Prices start from from $650 000. Construction of Waterfall is expected to be completed in 2020.
Buyers snapped up $120 million worth of apartments in the first hour itself, topping the previous one-hour record of $100 million at the launch of its Infinity project in 2015, Crown Group said. 
By close of business, sales had reached $300 million globally with apartments sold in Sydney, Jakarta, Hong Kong and Singapore. The majority of apartments were sold to buyers in Sydney.
Three penthouses worth $12 million were also snapped up.
Crown Group made the decision to release additional apartments worth $100 million originally allocated for a later release, after the initial $200-million allocation of apartments were sold.
Crown Group chairman Iwan Sunito said the sales on Saturday reflected the building’s extraordinary design and exceptional location.
“We saw more people come to the launch on Saturday than we ever anticipated, many of whom were past purchasers of Crown Group apartments,” Sunito said.
Designed by Sydney-based architects SJB, Waterfall will comprise three seven-storey buildings and a 20-storey tower overlooking lush landscaping and a water garden.
A seven-storey waterfall is a focal point; set to become Australia’s tallest man-made waterfall, the media release said.
Public art by Mika Utzon Popov, grandson of Sydney Opera House architect Jørn Utzon, in the form of a large-scale artwork is integrated in the design.  
Among the amenities will be a rooftop pool with a sky garden and terrace, gym, rooftop cinema, function room with a catering kitchen and music room with grand piano. 
“This is evidence of the strong demand for high-quality apartments in the right location,” Sunito said.
Project director Prisca Edwards said buyers on Saturday were a mix of investors and owner-occupiers.
The $400 million mixed-use development will be home to six retail outlets. 
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