Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Luxury

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Sydney’s latest harbourfront development, Kurraba Residences, saw 70 per cent of the project sold on launch last weekend.  

16 apartments within the 24-resident collection sold, with another five buyers currently in negotiations.  

Developed by Thirdi group and Phoenix Property Investors, the $170 million development at <a href="/buildings/147-153-kurraba-road-kurraba-point">147 Kurraba Road</a> offers two and three-bedroom luxury harbourfront residences.  

Located on the headland of Kurraba Point, the residences offer 180-degree views of the harbour, including Sydney Opera House and the Botanical Gardens.  

<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/kurraba_apt_dev_interior1_1200x550_1200x550.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="266" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/kurraba_apt_dev_interior1_1200x550_1200x550.jpg?itok=7-umNVC1" width="580"></a>

Designed by SJB Architects and Mathieson Architects, the building pays homage to the classic 1920s apartment buildings of the area. 

Its other features include outdoor balconies, a pool, semi-circular windows, and curved brickwork.  

<img alt="" height="525" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kurraba.jpg" width="1000">

According to CBRE’s Ben Stewart, who is marketing the listing, almost all buyers were owner-occupiers, and included a range of demographics from young professionals to downsizers.  

“We believe Kurraba Residences will continue to appreciate in value while under construction, as seen with other landmark Sydney Harbour developments such as Opera Residences”, he said.  

Opera Residences has seen recent re-sales increasing 20 per cent on the purchase price over the construction period.  

“This a great outcome for early buyers because their property will now be in more demand from those who waited until completion”, Stewart said.  

The Kurraba project is expected to reach completion in late 2022.  

<h2>Sydney properties selling now:</h2>

[smartcode_project:default project_id=94611]

[smartcode_project:default project_id=29139]

[smartcode_project:default project_id=7758]
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urban.com.au

Kurraba Residences launch sells $90 million on Sydney’s harbour 

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<a href="/buildings/31-broadbeach-boulevard-broadbeach">31 Broadbeach</a> offers a limited opportunity to own one of the remaining breathtaking luxury apartments at 31 Broadbeach. Featuring a distinctive expensive coastal beachfront address, large flexible living, working from home office space, these apartments boast some of the highest quality architecturally-perfected properties on the Gold Coast with ample storage, exceptional modern design and exclusive residents access to a stunning rooftop lap pool with sweeping panoramic views and easy access to the beach and community facilities.

We caught up with Optimus Developments CEO, Alex Windsor, to learn about the recently completed development.

<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/screen_shot_2020-09-22_at_4.10.52_pm.png" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="774" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-09-22_at_4.10.52_pm.png?itok=YZmZxVgz" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>Urban.com.au: Which aspects of 31 Broadbeach Residences are you most proud of and why?

Alex Windsor: 31 Broadbeach Residences have set a precedent for luxury development on the Gold Coast in Broadbeach, by providing:

<ul>
<li>Just 22 apartments</li>
	<li>Large single floor apartments with:
	<ul>
<li>private lift access</li>
		<li>natural limestone and veneer finishing throughout</li>
		<li>butler’s pantries</li>
		<li>high-end appliances</li>
		<li>exclusive office spaces within the apartments allowing a flexible working and living environment</li>
		<li>a building set forward from its adjoining owners</li>
		<li>a high-end quality luxury finish</li>
		<li>access to a rooftop pool</li>
		<li>windows positioned to take full advantage of the outstanding views</li>
		<li>a fantastic location providing immediate beach access and surf break</li>
	</ul>
</li>
</ul>
The building is also unique in its design and sets itself apart from its predecessors by its striking off form stained concrete façade and iconic building crown.

<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/31-broadbeach-blvd-broadbeach-3.jpg" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/31-broadbeach-blvd-broadbeach-3.jpg?itok=RQlILAfm" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>U: If a buyer was deciding between 31 Broadbeach Residences and a similar residential development in the area, what do you think makes 31 Broadbeach Residences unique and the favourable option? 

AW: Most other apartments on offer are uncompleted, one of many, of lessor design and quality, do not have such great beach access and unimpeded views. There will also not be many completed apartment projects available on the market due to COVID.

<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/31-broadbeach-blvd-broadbeach-4.jpg" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/31-broadbeach-blvd-broadbeach-4.jpg?itok=dUau6ETb" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>U: In your opinion, what are some of the best amenities on-site or nearby?

AW: The beach even has a surf break directly in front of 31 Broadbeach and surfboard racks are provided in the common area. The development is also within walking distance to the surf club, shops, cafes, supermarkets and more.

<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/31-broadbeach-blvd-broadbeach-8.jpg" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/31-broadbeach-blvd-broadbeach-8.jpg?itok=RFmdncgS" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>U: What was the inspiration behind the design of the development?

AW: To set a new standard of boutique luxury development on the Gold Coast and a building with a fresh modern facade. 

<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/31-broadbeach-blvd-broadbeach-9.jpg" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/31-broadbeach-blvd-broadbeach-9.jpg?itok=TETExJ_U" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>U: If you had to use only five words to describe 31BB Residences, what would they be? 

AW: New standard of boutique luxury development

<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/31-broadbeach-blvd-broadbeach-12.jpg" rel="gallery-all" title="31 Broadbeach. Image supplied."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/31-broadbeach-blvd-broadbeach-12.jpg?itok=mkg38v3D" title="31 Broadbeach. Image supplied." width="580"></a>

<figcaption>31 Broadbeach. Image supplied.</figcaption></figure>To learn more about 31 Broadbeach, check out the <a href="/buildings/31-broadbeach-boulevard-broadbeach">Urban listing here</a>.
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Gold Coast apartment of the week: 31 Broadbeach Residences, Broadbeach

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If you’re looking to buy an apartment in Australia, property economist Anna Porter explains <a href="https://au.finance.yahoo.com/news/state-easiest-buy-property-act-011522751">Canberra could be your best bet</a>.

According to Porter, the Australian state outranks the rest of the country based on agents’ attitude, costs associated with the purchase, buyer competition and the ease of undertaking due diligence.

<blockquote>
“[In Canberra,] Agents treat buyers with a huge amount of respect, they allow them time to do their due diligence without undue pressure and they encourage them to work with solicitors straight away.”
</blockquote>

- Anna Porter, Property Economist

Australian Capital Territory is the only state which ensures the vendor must provide pest and building reports in the contract of sale, and has the country’s second-lowest stamp duty costs, which both work in the favour of the buyer.

Given the lower entry-level price points, buyers can secure a luxury apartment for a fraction of the cost of a high-end or penthouse apartment in Sydney or Melbourne. Canberra’s vast natural landscape also means many apartments will overlook spectacular mountain or water views.

If you’re considering purchasing property in Canberra, here are 5 of the state’s most exquisite luxury developments on the market right now.

<h2>1. ENVIE, BRADDON </h2>

New York-style luxury living

Developer: Geocon

61 Cooyong Street

<figure><img alt="" class="image-article_full_width_580px" height="318" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/envie1.gif?itok=VIJJVMX0" title="New York-style luxury living" width="580">

<figcaption>New York-style luxury living</figcaption></figure>Envie offers a multitude of elegant, relaxing spaces for residents to entertain guests. From a shared chef’s kitchen and on-site concierge to the private rooftop spa and relaxation room, Envie caters to those who seek respite from their busy urban lifestyle and upgraded living. Atop the residential tower is a viewing terrace for residents to enjoy the stunning views across Canberra.

A selection of one, two and three-bedroom apartments are selling now.  

<hr>
<h2>2. SAPPHIRE KINGSTON, KINGSTON </h2>

Canberra’s most exquisite views

Developer: Keggins

Architect: Elenberg Fraser

5/2 Trevillian Quay

<figure><img alt="" class="image-article_full_width_580px" height="204" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sapphire1.gif?itok=aFu04n9k" width="580"></figure>Sapphire Kingston enjoys one of Canberra’s most exquisite natural landscapes, with each apartment boasting panoramic views overlooking the Molonglo River. Residents will enjoy the use of premium Miele appliances, ducted heating and cooling for perfect temperature control year-round, and the finest quality oak timber flooring. The Elenberg Fraser-designed Sapphire Kingston also features spacious landscaped communal gardens and parklands which include built-in barbeques.

Sapphire Kingston is currently 80% sold and has recently launched its final release of three and four-bedroom apartments.

<hr>
<h2>3. <a href="/new-apartments/belconnen-act-2617">REPUBLIC</a>, BELCONNEN</h2>

At the doorstep of some of Canberra's most extensive networks of bicycle and jogging paths

Developer: Geocon

1 Edmonstone Place

<figure><a href="/new-apartments/belconnen-act-2617"><img alt="" class="image-article_full_width_580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/republic1.gif?itok=HGVHOizw" width="580"></a></figure>Republic overlooks the tranquil waters of Lake Ginninderra and is situated amongst one of Canberra’s most extensive networks of bicycle and jogging paths, giving residents the ultimate lifestyle of recreation and relaxation. Republic residents will also have direct access to the newly developed ground-floor Urban plaza, which features a Neapolitan pizza restaurant, Woolworths supermarket, BWS, Abode Hotel and more.

For buyers looking for an established community feel, Republic offers an idyllic modern lifestyle nestled amongst existing infrastructure including libraries, the Belconnen Arts Centre, Westfield Belconnen and the University of Canberra.

One, two and three-bedroom apartments are selling now, with a selection of interior colour schemes for buyers to choose from.

<hr>
<h2>4. ESTATE, FORREST </h2>

A wine connoisseur’s paradise 

Developer: <a href="/developers/addval-developments">Addval Developments</a>

Architect: <a href="/architects/collins-caddaye-architects">Collins Caddaye</a>

1 Hobart Avenue

<figure><img alt="" class="image-article_full_width_580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/estate1.gif?itok=jL3b690V" width="580"></figure><figure><img alt="" class="image-article_full_width_580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/estate2.gif?itok=iT5XYvzM" width="580"></figure> 

Estate Forrest brings a unique offering to market, enticing vino-lovers across the country by recreating a luxurious winery experience. On-site cellars and a bespoke selection of the country’s finest wines have been curated by celebrity wine connoisseur Tyson Stelzer. Estate is situated in the heart of one of Canberra’s most affluent suburbs and is surrounded by rich heritage and magnificent landscapes.

Estate has been designed by award-winning architect Collins Caddaye, with each home boasting state-of-the-art appliances, spacious living areas and penthouse-quality features throughout.

<blockquote>
“The day that we acquired the site, we made the decision that we wanted every unit, regardless of how many bedrooms or how big it is, to be finished like a penthouse.”
</blockquote>

- Michelle Dzakula, General Manager Addval

A selection of 1, 2, 3 and 4 bedroom apartments are selling now.

<hr>
<h2>5. RUBY, GUNGAHLIN </h2>

Year-round resort-style living

Developer: <a href="/developers/pod-projects-group">Pod Projects Group</a>

Architect: <a href="/architects/stewart-architecture">Stewart Architects</a>

32/8 Gribble Street

<figure><img alt="" class="image-article_full_width_580px" height="264" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ruby1.gif?itok=V2lb0Z4a" width="580"></figure>Ruby apartments in Gungahlin embrace resort-style living with a luxurious open-air 20-metre pool overlooking the Brindabella mountains. Residents can also enjoy the use of the alfresco barbeque and pizza oven for summer dining amongst the luscious, landscaped garden terraces. The development also features a fully-equipped gymnasium overlooking the mountainous landscape, and outdoor lounge areas for the ultimate rest and relaxation. The apartments include house-sized kitchens which are perfect for entertaining and beautiful timber flooring throughout.
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Olivia Round

Urban's top 5 luxury developments in Canberra

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Ray White Marine, the largest full service marine brokerage in Australasia, has established a new office within the Royce-Rolls Motor Cars Showroom in Richmond.
CEO and founder Rick Rodwell said the business already had many existing luxury yacht clients in Melbourne, which was home to the highest number of megayacht owners (above 40m) in Australia, so the initiative will also provide local support for both these new and pre-owned brokerage vessel owners.
“Ray White Marine’s Melbourne office will provide the Victorian market with the first sales and service presence of a leading global euro luxury motor yacht brand as the exclusive Australian and New Zealand distributor for Ferretti Yachts, Pershing, and the iconic Riva marque. Other brands in the Ferretti Group include semi displacement and planing yachts from Custom Line, and the full custom superyacht from 45m to 90m built by the CRN shipyard,” Mr Rodwell said.
Ray White Marine is also appointed the Australian and New Zealand distributor for Technohull high performance bespoke RIBS.
The move will also expand the marine auction program to conduct events locally for buyers and sellers alike in consort with the more than 90 local offices in the Ray White real estate network in Victoria.
“Connoisseurs of high end luxury motor cars tend to be interested in luxury yachts, and vice versa, so it makes sense to form an association of this nature,” said Zagame Automotive founder and managing director, Bobby Zagame.
The Ferretti Group has announced the launch of the Riva 50m Megayacht hull #1.
Ray White Marine officially opens in Melbourne this May 15 from 6pm on Level one of the Rolls-Royce Motor Cars showroom, 420 Swan St, Richmond.
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j.ballantyne1990-6AQqhLzZaK

Ray White Marine opens it's doors in Melbourne

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<div>
Allianz plans to boost its real estate investment in China, announcing the launch of a $US750 million ($992 million) fund that targets malls in major cities.
The German insurer and asset manager expects outlet shopping in China will continue to grow despite threats from online stores and a slowing economy.
Allianz Real Estate, Allianz's $63.5 billion property investment arm, launched the China-focused fund in partnership with investor TH Real Estate earlier this month.
Allianz will be the anchor investor owning 30 percent of the fund.
"China will become one of the top markets for us in Asia," Rushabh Desai, Asia-Pacific CEO of Allianz Real Estate, told Reuters.
</div>
<div>He expects to grow Allianz's real estate portfolio in China to more than €1 billion ($1.18 billion) over the next 12 months, from about €760 million by the end of this year.</div>
<div> </div>
<div>Last year, the number was €100-150 million.</div>
<div>
"Even if there is a slowdown, China still has 5-6 per cent annual GDP growth, right? In my mind, 5-6 per cent growth is still one of the best growth in the world," Desai said.
He also sees limited threat from China's booming online shopping, saying people don't buy Prada bags via the internet.
</div>
<div>"People are not buying branded products online; people are buying day-to-day stuff online from Alibaba."</div>
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The Chinese don't buy Prada bags via the internet: Allianz Real Estate boss

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A real estate salesman allegedly convinced Brisbane entrepreneur Carmelo Caltabianoa that the Soul, Surfers Paradise luxury penthouse apartment was worth $16.85 million because a similar nearby apartment sold for $20 million.
The buyer believed him but didn't check the salesman's claims, the Brisbane Supreme Court heard this week.
But the $20 million apartment had not sold at that price in the Jade complex.
The discussion is central to the long-awaited legal dispute between entrepreneur Carmelo Caltabiano and development company Juniper Property Holdings over the sale of a Gold Coast penthouse.
Juniper is suing Carmelo Caltabiano for allegedly breaching the sales contract for the four-level apartment.
He said he trusted the company because he had previously purchased property on the Sunshine Coast from Juniper.
Caltabiano was at the Gold Coast having a drink in April 2006 when he saw a display for Soul apartments.
He spoke to the salesman and noticed the penthouse was priced at $16.85 million.
He bought after the salesman phoned him later saying a penthouse apartment in <a href="/news/qld/jade-penthouse-on-the-gold-coast-sold-by-mortgagee-for-a-third-of-dashed-boomtime-hopes">another building had sold for $20 million</a> and another apartment, which was about half the size of his intended purchase, sold for about $7.8 million.
The penthouse atop the Soul Surfers Paradise tower on the Gold Coast sold for $7 million<a href="/news/soul-surfers-paradise-penthouse-auction-results-in-7-million-sale-to-tony-fung"> at McGrath auction in March this year to businessman Tony Fung</a>. 
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