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

Koichi Takada Architects

Melbourne developer PB &amp; Co have revealed plans for their prime Sydney harbourfront development site they bought for $60 million over 18 months ago.

PB &amp; Co, led by founders Alex Bragilevsky and Michael Pesochinsky, have been working with Koichi Takada Architects to create what the architecture firm call a "highly sustainable and innovative luxury residential development on a once-in-a-generation site on the Sydney Harbour."

The massive 4,200 sqm block at 184b-190 Kurraba Road will essentially be carved up into quarters, and will home four different residential buildings.

Pesochinsky, who is the company's Executive Chairman and CEO, said&nbsp;PB &amp; Co is delighted to lodge plans for Kurraba Point.

"We are renowned for creating timeless residences and unforgettable experiences in the most prestigious streets of Melbourne, however after a robust search we secured Kurraba Point to launch our first Sydney development and plan for this to be the first of many,"&nbsp;Pesochinsky said.

"Kurraba Point will be another example of PB &amp; Co solidifying our place in luxury residential market whilst we strive to ensure sustainability is at our core. Kurraba Point will be one of the few developments in the area awarded a 6 Star Green Star."

There will be just six luxury apartments, four three-bed and two four-bed apartments, on the street side of the block. They've been tiered to overlook Shell Cove. Then closer to the water will be four dual occupancy residences.&nbsp;

<img alt="Kurraba Point" data-entity-type="file" data-entity-uuid="bba8078d-53d6-431f-826b-ec8115def71b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%2010.16.06%20am.png?VersionId=uawGF91aVh0CpDqVkJCVVug9KW0xeLuS" />

The two four-level apartment buildings will have a communal space on the lower ground level, opening to a terrace.

The three-bedroom apartments will start from 192 sqm and feature dedicated wine rooms, butler's pantry's, a multi-purpose room, and water-facing balconies.

The two four-bedroom apartments crown the top two floors in each building and are wrapped in extensive terraces on both levels.

The dual occupancy buildings sit behind the apartment buildings, on the land sloping down toward the water. They each have three bedrooms and a private rooftop with plunge pools and outdoor barbecue kitchens.

<img alt="Kurraba Point" data-entity-type="file" data-entity-uuid="4009f843-a71c-4d6b-99c7-51ed9f04d7d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%2010.16.12%20am.png?VersionId=gdZUh5ZkWnzsf0CnQ05szsZTRQsZq3ir" />

Koichi Takada Architects say in the design verification statement submitted to the North Sydney Council that they have "designed a one-of-a-kind development with the highest sustainable outcomes."

"The overall vision is for a transformative project which embodies the idea of ‘regenerative luxury,’ inspiring a zero-carbon lifestyle for it’s residents," the design statement read.

"This project will lead the way in the luxury housing market and support the New South Wales state government objective to achieve carbon neutrality by 2050.

"The design features four sculptural, low-rise buildings which are contextually appropriate and respond to the local character of the area but also look towards future ways of living."

<img alt="Kurraba Point" data-entity-type="file" data-entity-uuid="9b57834d-7df7-4ef1-b290-d81d86e177ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%2010.16.22%20am.png?VersionId=GVMcQnEcd5WAeu69N6782QZiPrD8walI" />

They note that the project is designed to be carbon neutral, not just in design, but also in operations.

"The building form makes use of passive design strategies and technology to respond to the unique environmental conditions on the harbour. All energy needed to power the buildings will be generated on-site through rooftop solar farms and an underground geothermal energy system which provides heat and generates electricity," the architecture firm stated.

"Rainwater will be collected for irrigation of planted areas and building management systems will control, monitor and maximise building performance. Integrated shading structures control solar access while maintaining views and privacy. Local, sustainable materials will undergo a full life cycle assessment and there will be adequate charging provisions for electric vehicles and bicycles, extending the sustainability benefits of the project far beyond the bounds of the site."

The development is PB &amp; Co's first venture in Sydney, having primarily focused on luxury projects in Melbourne's most affluent suburbs.

They have a solid pipeline in Bayside Brighton and Toorak, the latter the Point Piper of Sydney.

The massive 4,200 sqm block will essentially be carved up into quarters, and will home four different residential buildings

First look exclusive: PB & Co reveal Koichi Takada plans for "one-of-a-kind" Kurraba Point development

Koichi Takada&nbsp;is back on the Burleigh beachfront.

He&#39;s drawn up designs to the latest apartment tower to be filed with the Gold Coast City Council at 216 Esplanade, a prime spot across the road from the sand,&nbsp;and on the same strip as one of his few Gold Coast developments, SEA by prominent Burleigh Heads developer FORME.

Dubbed Palms, it will be another high-end boutique development on the beach, with just 28 half and full-floor apartments proposed across a 17-level tower.&nbsp;

<img alt="" height="966" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.10.44_pm.png" width="1160" />

The three-bed apartments, 23 of them, will start from 205 sqm&nbsp;internally, and the five four-bedroom apartments start from 411 sqm of living space across a full floor. They will have a butler&#39;s pantry in the kitchen, a second living space/rumpus room, and high-end wine storage.

The tower will be crowned with two two-level penthouses, with the 295 sqm half floor apartments on level one, with level two set to home a huge master suite, an outdoor dining terrace with built-in barbecue kitchen, a sun deck, and a private plunge pool.

The resident amenity is located on the&nbsp;second&nbsp;level, where there will be a resort-style pool with ice bath, hot tub, two saunas, and an outdoor shower. A lounge zone will meet a barbecue space, and toward the rear of the building is a gym with an outdoor space, and a yoga studio. A three-bedroom apartment is also located on this level, with its own plunge pool in a wrap around garden.

<img alt="" height="1008" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.17.08_pm.png" width="1606" />

Takada says the development is inspired by its natural surroundings.

&quot;216 The Esplanade is designed in homage to the coastal locale, with a sculptural form evocative of ocean waves and composed of materials that reference nature and the lifestyle aspect of Burleigh Heads,&quot; Takada wrote in the design statement in the development application.

<img alt="" height="1002" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.17.12_pm.png" width="1602" />

&quot;The distinctive design of the building and its sculptural features are intended to position the building as a landmark in this visually prominent location and in turn as a catalyst to encourage higher quality development ion the adjoining area.

Takada has designed only a handful of apartment projects on the Gold Coast, all of which have been in Burleigh Heads&nbsp;and for developer FORME. Norfolk, the recently completed development by FORME and Takada,&nbsp;has won multiple awards and has become a design icon on an international level.

[smartcode_project_cta: project_id=113296]

Takada has designed only a handful of apartment projects on the Gold Coast, all of which have been in Burleigh Heads and for award-winning developer FORME

Koichi Takada back with new luxury Burleigh Heads apartment development

The forward-thinking architect Koichi Takada has been&nbsp;one of the hottest commodities&nbsp;on the residential design circuit for over a decade in Australia.

His firm, Koichi Takada Architects, whose approach is to&nbsp;create&nbsp;organically inspired places so the world can reconnect with a more natural, intuitive and conscious future, has been behind some of the most impressive buildings across Australia.

They&#39;ve designed&nbsp;the luxury Crown Group projects Skye in North Sydney, Waterfall by Crown in Waterloo and Infinity by Crown at Green Square, as well as the award-winning mixed use Crown development Arc in the Sydney CBD.

The team was also engaged by FORME, the Brisbane-based developer, to create Norfolk at Burleigh Heads, one of the Gold Coast&#39;s most expensive projects in the last few years. Recently completed, that netted an average sale price of around $4 million for its 15 apartments, including a record $9&nbsp;million penthouse sale. That sold 90 per cent of its apartments within two months of its launch.

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects Chairman&nbsp;Justin Brown, have had Takada work on two of their upcoming developments, the most anticipated being Koyo,&nbsp;a boutique collection of 27 apartments in the heart of Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=179476]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas.

Takada said he was inspired by the parks and the deciduous trees in the area.

&quot;We really&nbsp;wanted to bring that external element of nature into the internal space&quot;, Takada said.

There will be 18-three bedroom apartments, predominantly&nbsp;located at each corner of the development to have the larger outdoor spaces, as well as seven two-bedroom apartments and two-one bedroom apartments. They all have parking, and a number have an additional study or courtyard.

[smartcode_project:default project_id=108800 project_image_fid=179475]

There was a big focus to bring the outdoor in in the&nbsp;10 courtyard apartments, which will feature leafy outdoor areas. The apartments have been designed to take advantage of cross ventilation and to take in as much natural light as possible.

Abadeen are offering buyers to upgrade the apartments with a number of exclusive options, which can include adding a built-in bar, a timber-crafted study nook, or the addition of&nbsp;a fireplace in the living room.

Justin Brown, who founded Abadeen over two decades ago,&nbsp;expects the North Shore owner-occupier market to be the dominant buyer, tapping in to the booing downsizer market.

&nbsp;

[smartcode_project:default project_id=108800 project_image_fid=179488]

&quot;The location of Koyo is almost the epicentre of so many different areas&quot;, Brown says.

&quot;It is equidistant to North Sydney, Cammeray and Neutral Bay.

&quot;There&#39;s a lot of growth&nbsp;happening in North Sydney from a commercial perspective and with the new Metro trains - we really believe it&rsquo;s going to be such a key location for people who wanted to be close to work.

&quot;Koyo is also&nbsp;surrounded by a number of schools, which will open the door for families with school aged children to be interested in the larger three bedroom apartments.&quot;

Completion is expected in early 2023, with the North Sydney Council recently giving the green light to the development.

Abadeen are also developing Koyo&#39;s sister project, Enso, located in Neutral Bay, with just the nine apartments in the boutique block. That&#39;s due for launch later this year.

[smartcode_project_cta: project_id=108800]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas

Abadeen Group launch Koichi Takada-designed Koyo apartments at Crows Nest

The under construction Upper House in the heart of South Brisbane will offer residents some of the best communal amenities in the country.

Not only set to be the tallest tower in South Brisbane when completed at the end of 2022, <a href="/buildings/upper-house-66-hope-street-south-brisbane">Upper House</a> from ARIA Property Group will also home amenities to rival any luxury hotel.&nbsp;

They have had the internationally acclaimed architect Koichi Takada Architects design the 30 storey tower of 188 apartments which will be crowned with Australia&rsquo;s first double-storey residents&rsquo; rooftop club.

[smartcode_project:default project_id=27918]

Part of the rooftop club will be an infinity pool with sun lounging and day beds and views across the Brisbane skyline.

<a href="/buildings/upper-house-66-hope-street-south-brisbane"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/upper_house_aria_2.jpg" width="1200" /></a>

There will be a residents&rsquo; wine bar, lounge room with fireplace and a private dining room, wine cellar and even a theatre room.

<a href="/buildings/upper-house-66-hope-street-south-brisbane"><img alt="" height="871" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aria_upper_house_4.jpg" width="1200" /></a>

A fitness studio and yoga room will be accompanied by a day spa featuring a steam room, two infrared sauna&rsquo;s and a treatment room.

<a href="/buildings/upper-house-66-hope-street-south-brisbane"><img alt="" height="916" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/upper_house_aria_3.jpg" width="1200" /></a>

There will also be home offices and an executive boardroom.

Residents will also have access to Aria Living&rsquo;s concierge service.

The development on Hope Street is set within Aria&rsquo;s Fish Lane Arts Precinct and newly completed Fish Lane Town Square.

<a href="/buildings/upper-house-66-hope-street-south-brisbane"><img alt="" height="865" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aria_upper_house_5.jpg" width="495" /></a>

Takada has designed each apartment with three metre high ceilings and a kitchen fitted with Miele appliances and stone bench tops with waterfall edges.

The two bedroom, two bathroom apartments with a car space start from $699,000. A three bedroom, two bathroom apartment with two parking spaces starts from $999,000 and the three bedroom, three bathroom apartments start from $1.2 million.

The internationally acclaimed architect Koichi Takada Architects design the 30 storey tower of 188 apartments which will be crowned with Australia’s first double-storey residents’ rooftop club.




South Brisbane apartment development Upper House to offer the highest level of amenities

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Last week, GURNER™ unveiled the first designs its most ambitious project to date - the $550m '<a href="/buildings/saint-moritz-st-kilda-14-16-the-esplanade-st-kilda">Saint Moritz</a>' - located on a high-profile 6,000 sqm site at 14-16 The Esplanade, once occupied by the the Saint Moritz Ice Rink.

Now home of the Novotel Hotel the site will be transformed into three, ultra-luxurious 8-storey towers comprising 120 apartments in total as part of a vision for creating "the world’s most exclusive and opulent residential addresses, featuring amenities for residents that exceed standards set in the most luxurious hotels in the world." 

GURNER™ has engaged Fender Katsalidis and Koichi Takada Architects to amend the permitted plans for the site, which has a long history on Urban.com.au - we <a href="/news/a-new-beginning-for-st-kildas-novotel">first reported on plans</a> for the site four years ago to the day.

Fender Katsalidis will assume the role of lead architect for the development while Koichi Takada Architects is responsible for the design of one of the three buildings, providing the development with design diversity.

<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/novotel_redevelopment.png" rel="gallery-all" title="Render of previous permitted development for the site. Image: Metier3"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/novotel_redevelopment.png?itok=JcZ-x8W0" title="Render of previous permitted development for the site. Image: Metier3" width="580"></a>

<figcaption>Render of previous permitted development for the site. Image: Metier3</figcaption></figure>Under revised plans for the site, the number of apartments has been reduced from 240 down to 120 across three buildings - up from the permitted two - set amongst oasis-style landscapes designed by Jack Merlo.

The first of the three buildings, Pacific House, is set to launch to the public in June this year, and will feature 45 residences with an average price-point of $4m and interiors by David Hicks.

A $30 million 650sqm penthouse will sit atop Pacific House complete with two private pools, seven bedrooms, a seven car private garage with direct access lift, four living rooms, in-home sauna, gym and 150sqm outdoor terrace offering panoramic views of the bay stretching to the city skyline.

The double-storey penthouse was recently snapped up by a high-profile Melbourne family and in the process has smashed Melbourne’s price record for the most expensive apartment sale. The sale, contracted off-market prior to the development’s public launch has achieved an unprecedented rate of $40,000 per square metre. The price is 20 per cent higher than the previous Melbourne record and is the second highest in Australia, second only to the $40m record price achieved for an apartment in Sydney.

According to GURNER™ founder and director TIm Gurner, they are currently designing another penthouse in the second building that will be priced in the vicinity of $25m to $30m in response to the successful sale and demand for such a unique offering.

This will be launched as part of the ‘Penthouse Collection,' comprising ten residences across the three buildings priced from $5million up to $25million-plus. 

<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/in22_-_bld_a_-_penthouse_pool_terrace.jpg" rel="gallery-all" title="The pool terrace of the $30m penthouse. Image: GURNER™"><img alt="" class="image-article-full-width-580px" height="348" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/in22_-_bld_a_-_penthouse_pool_terrace.jpg?itok=Y-jE2kjJ" title="The pool terrace of the $30m penthouse. Image: GURNER™" width="580"></a>

<figcaption>The pool terrace of the $30m penthouse in Pacific House. Image: GURNER™</figcaption></figure><blockquote>
We believe the luxury end of the market has been waiting for something like this to come along, with significant depth and demand for the right project offering the right level of luxury.

Our vision for Saint Moritz was to reimagine luxury living in Australia, looking to the world’s most iconic luxury waterfront developments to create something that will never be repeated again.

This is without a doubt the most ambitious and luxurious development we have ever created and I will ensure personally that every miniscule detail of this project is delivered to far exceed expectations.

Karl Fender describes the design as ‘invisible design’ - a timeless masterpiece, with curves inspired by the sand and waves of the bay that will stand the test of time.

(The) penthouse has been designed to be the best in Australia and arguably one of the best in the world.

We initially designed the penthouse with a floorplan of over 1,300sqm and an even bigger price-tag however the early feedback we have received from our local and international clientele was that a penthouse of this size would be too big even for them.

We had no intention of selling the prized penthouse until the launch, but once word got out we were swamped with interested buyers – all local Melbourne identities who quickly realised this will be Melbourne’s and arguably Australia’s best residential address. 

We had five interested buyers and two quickly became very competitive. We worked with the successful buyer to design and customise the penthouse with them before formalising the sale – a process that has now been completed.

- Tim Gurner, GURNER™ founder and director
</blockquote>
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Laurence Dragomir

GURNER™ reimagines luxury living in St Kilda with sale of $30m penthouse

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>

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