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.
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[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

Parramatta

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A $320 million commercial project Parramatta, 32 Smith Street, ‘topped out’ by Fender Katsalidis and the GPT Group.
The 25-storey office building, which will see QBE become the anchor tenant, is set to become one of the most sustainable commercial office towers in the Parramatta CBD.
Fender Katsalidis director Mark Curzon said the construction milestone of the 26,500sqm sculptural tower, <a href="/news/32-smith-streets-construction-continues-the-rise-of-parramatta?utm_source=PropertyObserver%20" target="_blank">which commenced last year</a>, was a significant step.
“This is an important gateway building for the emerging city and new civic space, delivering a world-class, cutting-edge, workplace environment, through its urban, sustainability and design philosophy-based solutions," Mr Curzon added.
The tower includes landscaped extern roof terraces, balconies throughout and a publicly accessible urban room.
32 Smith Street is on track for completion in late-2020.
Fender Katsalidis is well known for their design of the Australia 108 tower, which pays homage to the Australian flag with a rotated golden structure protruding from the building.
Other projects designed by the team include Royal Fund’s <a href="/new-apartments/camberwell-house-699-burke-road-camberwell">residential project Bijou </a>in Victoria’s Camberwell and <a href="/buildings/derby-place-369-high-street-kew?utm_source=PropertyObserver" target="_blank">Crema Group’s Derby Place</a> in Kew.
The topping out at 32 Smith Street follows the architects’ recent appointment to design the $2.5 billion Central Place Sydney project.
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$320 million Parramatta commercial tower tops out

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A freestanding commercial investment with development upside has sold for $8,500,000 under the hammer at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=S0FkYXRBL0pXU1R3ak9mT011UE1ZUkJvb2ZNQnUxdERqcHp0UUpKT1cvUVFxbmdxZFhzTGJQSEpGTHVVWW95QnJVNmoyc0RySkhYc1cxd053aG1UOWZhcXFwcUpzaFBKam9MK0grZlBvd2ljZi9COW5LaGZ1K3RVSWw2TmQxdndNWDYyUTU0cGgrREh5cURWRU1JTVlMdmlXdmhNeG90QjNzd01mc09iNjJSY0VYVm5KaGVhZVhiVWgwenBaTXNY&amp;rh=ff0065c7450d709ea5552ae9a04bacc4ff82fe1a" target="_blank">2-4 Palmer Street</a> in Parramatta.   The property, that came with a 685sqm building area and 600sqm land area, was sold at auction on a 2.9 per cent yield.   The asset was marketed and sold by Ray White agents Samuel Hadgelias and Jeff Moxham, in conjunction with Anthony Khoury and Jon Race of Khoury Partners. “Freehold commercial opportunities with upside are a rare commodity in the Parramatta CBD and that’s why this asset attracted seven registered bidders,” Mr Moxham said.
“The sale being in excess of the reserve price is further evidence the commercial market remains strong despite the negative speculation regarding Australian property markets in the wake of rising cases of COVID-19,” Mr Hadgelias said.    “The low yield is consistent with other freehold buildings that have traded nearby and evidences the continued strong demand for 'value add' assets with future development potential,” Mr Khoury said.
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Parramatta commercial investment sells for $8.5 million at auction

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Western Sydney real estate group, Starr Partners, has announced it will open a new office in Parramatta next month.
The new office, located at 4/459-463 Church Street, Parramatta, will be open from 1 June.
It will led by a team of Starr Partners professionals who have an unsurpassed knowledge of the western Sydney property market. 
Currently managing the Starr Partners’ Blacktown office, Daniel Formosa will become the office’s Managing Director and Mark Vella its Licensee. Together, they have more than 35 years’ real estate experience. 
Their team will comprise husband-and-wife duo Greg Okladnikov and Antoinette Davino, who currently manage Starr Partners’ Auburn and Narellan offices with 29 years’ combined experience. Elise Nusco, an experienced new business and operations manager, will also join its ranks. 
Daniel says the decision to open an office in Parramatta was motivated by key developments in the suburb and its surrounds. 
Due for completion in 2022, the construction of the $3.2 billion Parramatta Square precinct, one of the largest urban renewal projects in the country, will transform the heart of Parramatta’s CBD into a vibrant commercial and residential precinct.<a name="x__ftnref1" href="https://outlook.office.com/mail/#_ftn1"></a> 
The future Western Sydney Airport at Badgerys Creek, the Parramatta Light Rail, and the Blacktown Hospital redevelopment, will also lead to economic, social, and employment benefits for residents in the area.
“Today, Parramatta is the cultural centre of Western Sydney, with a sensational art and dining scene, and excellent infrastructure, including train and ferry access to Sydney,” says Daniel. 
With the population of the City of Parramatta expected to increase by more than 250,000 people in the next 20 years.
“The Parramatta property market is very robust with strong demand from first home buyers and families for both its mixed-use apartments close to Parramatta Square and leafier, suburban homes,” says Daniel.
“I believe that traffic congestion, overcrowding and a lack of open spaces in the inner suburbs of Sydney is motivating people to change their living arrangements according to their priorities. North Parramatta offers first-home buyers the chance to invest in a little more space, well connected to Parramatta’s CBD by Church Street and a burgeoning dining scene.”  
 
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Real estate group Starr Partners opening office in Parramatta

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A vacated Parramatta apartment has sold for $32,000 less than it did 2014.
Located at 103B/3 Broughton Street, the unit features one bedroom, one bathroom, a car space, and a balcony.
In May it sold for $483,000.
In 2014, however, it was secured for $515,000 from the developer Starryland.
The ground floor unit was on the market for 45 days.
The sale comes amid fears that a market decline, with HSBC estimating that Sydney prices could fall by 15 per cent if current economic conditions are extended.
Christopher Sahyoun and John Dahdah, from Belle Property Parramatta, had the listing.
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Starryland, Parramatta apartment sold for $32,000 less than 2014 price

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Centuria Property Funds Limited has announced that contracts have been exchanged to sell 2-10 Wentworth Street, Parramatta, NSW for $105.3 million.
Settlement is expected to occur in Q1 CY2020. The A-grade office tower was purchased in December 2014 for $45.1 million.
Commenting on the sale of the property, Centuria joint-CEO Jason Huljich said, "when we purchased Wentworth Street in December 2014, our view was that the Parramatta office market was poised to benefit from a number of positive factors, including improving infrastructure links, the decentralisation of NSW government departments, and the overall gentrification of the area."
“At the same time, A-grade office vacancy was below 1%, which we believed could support stronger tenant appetite for quality office properties, which in turn would mean upward pressure on rents – which the Parramatta market has seen in recent years,” he said.
Over the past five years Centuria completed leasing transactions over 90% of the property (9,807 sqm) and achieved sizable rental growth – from an average of approximately $497 per sqm gross at acquisition to $617 per sqm gross at sale – an increase of 34%.
Mr Huljich explained that Centuria has a strong focus on creating value for unitholders, by maintaining close relationships with tenants and actively responding to their needs.
“Quality tenants underpin the strong, reliable income streams,” he said.
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Centuria sells Parramatta office tower for $105 million

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The NSW Government has approved a new Engineering Innovation Hub in Parramatta's CBD. 
Planning and Public Spaces Minister Rob Stokes said the new 19-storey education hub will be shared by Western Sydney University and the University of NSW. 
“The hub will be used by 1,600 engineering and architecture students and will bring world-leading research and innovation to Sydney’s second CBD,” Mr Stokes said.  
“The hub will also create almost 1,000 construction jobs and more than 1,300 full-time ongoing jobs close to the ferry, train station, main bus routes and the future light rail. 
“Open space in Parramatta will be improved with new public space in the form of terraces and a ground level plaza that connects Hassall Street to Lancer Barracks.”
Skills and Tertiary Education Minister and Member for Parramatta Geoff Lee said education and innovation opportunities are soaring in Parramatta. 
“This will be the third high-rise education building approved in the Parramatta CBD, following Western Sydney University’s campus at Parramatta Square and the nearly completed Arthur Phillip High School,” Mr Lee said. 
“A shared vision and collaboration is crucial to delivering great results and this innovative partnership between two universities will see Parramatta continue to develop into an economic and knowledge-based powerhouse.” 
Construction of the new education facility will continue from the early works approved by Council and is expected to be welcoming students as early as 2021.
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NSW Government green-lights 19 storey Parramatta engineering innovation hub

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Malaysia-based property developer, Eco World International Berhad, has topped out its West Village project, in Parramatta. 
At 40-levels high, is one of only a handful of skyscrapers proposed for the growth corridor to reach its full height. 
On Tuesday, November 12, the company celebrated the occasion with an intimate onsite ceremony, attended by the Mayor of Parramatta, Lord Mayor Bob Dwyer, Executive Vice Chairman of EcoWorld International Tan Sri Liew Kee Sin and President &amp; CEO of EcoWorld International Dato’ Teow Leong Seng. 
Designed by architecture firm Woods Bagot, and featuring landscaping by Myles Baldwin, West Village has secured a 95% success rate, with buyers attracted to its proximity to Westfield Parramatta and the train station. 
As the city’s ‘second CBD’, Parramatta is undergoing significant transformation with major infrastructure projects and development to cater to employment opportunities and a growing population. 
West Village will sit alongside already completed skyscrapers including Altitude, Skyrise and the soon to be complete 4 Parramatta Square, which is earmarked for completion in 2020. 
Commenting on the topping out of West Village, EcoWorld International Australia’s CEO Yap Foo Leong said: "West Village is our first Australian project to top out and it was an honour to celebrate the occasion alongside Lord Mayor Bob Dwyer.
"We have always held the view that Parramatta would be the next growth area for Sydney due to its central geographical location in New South Wales and its excellent infrastructure and amenities.
"Parramatta truly suits our hallmark for rolling out quality developments in prime locations that can cater to the local needs of the residents and the success West Village has experienced confirms the prediction that Parramatta is set to become the new CBD."
West Village offers 398 luxury light-filled apartments with spectacular grand balconies with residential amenities including a tower rooftop complete with BBQ facilities, a virtual golf room, a piano room and a stunning podium sky garden for residents to relax and unwind in.
West Village is EcoWorld International’s first Australian project, with Yarra One in Melbourne expected to be completed in 2020.
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Eco World International tops out West Village project in Parramatta

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Parramatta had the weekend’s cheapest auction sale when $420,000 was paid for a two-bedroom apartment in the 1974 complex, Wentworth Gardens.
There have been just 11 higher sales in the complex, including four fetching above $500,000.
<a href="https://www.realestate.com.au/sold/property-apartment-nsw-parramatta-131994482" target="_blank">The 12th floor Campbell Street</a> unit last sold in 2012 for $323,000.
The 59 square metre space was offered as a $450 a week rental in 2015.
Dee Why, another apartment construction hot spot, had Sydney’s second-cheapest result when a studio apartment in the newly completed Osprey Apartments fetched $480,000.
A Punchbowl unit failed to sell, when passed in on a $395,000 vendor bid.
There were three registered bidders, one an investor and the others first home buyers.
In Rossmore Avenue, the two-bedroom 62 square metre unit had a new kitchen and new bathroom.
Dating back to 1970, it last traded in 2003 for $206,000.
Listing agents Anthony Ghantous and Fadi Hajjar now have a $409,000 asking price.
This article first appeared in The Daily Telegraph.
 
 
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Parramatta sees cheapest weekend auction sale

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EcoWorld International’s 40-level apartment tower ​West Village, ​located in Sydney’s growth corridor, reaches 95 per cent in sales as construction nears topping out.
Said to be one of the tallest residential buildings in Parramatta, West Village will feature 398 apartments.
A majority of the apartments will boast panoramic views towards the Sydney Harbour Bridge, Blue Mountains and the CBD.
Designed by world-class design firm Woods Bagot and featuring landscaping by Myles Balwin, West Village has secured a 95 per cent success rate.
It has close proximity to Westfield Parramatta and the train station, as well as a wide selection of trendy restaurants, bars and boutiques cafes.
EcoWorld International Australia’s CEO Yap Foo Leong ​said the location was a key driver for many buyers combined with the unique development of West Village.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/11/WestVillageParamatta_S130_EXT_HeroLookUp%20-%20Final%202000.jpg" alt="">
"Parramatta truly suits our hallmark for rolling out quality developments in prime locations that can cater to the local needs of the residents and the success West Village has experienced confirms the prediction that Parramatta is set to become the new CBD.”
The development features sustainable, innovative initiatives with lush planting and vegetated areas, as well as rainwater collection and reuse tanks.
West Village offers luxury light-filled apartments with grand balconies with residential amenities including a rooftop viewing platform overlooking the Harbour Bridge complete with BBQ facilities, a virtual golf room, a piano room and a sky garden.
On the ground floor across three street frontages, West Village will feature ground-floor retail and alfresco dining precinct with restaurants and cafes.
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Only 25 apartments remain including a selection of three-bedders priced from $1.26m, two-bedders priced from $820,000 and one-bedders priced from $630,000.
West Village is EcoWorld International’s first Sydney project, with Melbourne project Yarra One also under construction
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West Village, Parramatta secured 95% in OTP sales topping out nears

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A corner property on Parramatta’s Eat Street has been listed for sale via expressions of interest. 
The property at <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1MsQ8lDBqOLeGnfqPgIdmzmVW8USMH2yRIkL23sKlvcw9AAv2bvY52GmBAZy16vj3OSgJ7v29V6WvzE2bcX8EecEgcBzPkYRCJ2WreT47NtAr02Xr1HIm70=&amp;rh=ff0051a2b69f54d238f15b7bea4681f7c61e9982" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">302 Church Street</a> has been fully let to eight tenants over a total net lettable area of 1,001sqm. 
It boasts three street frontages with high exposure to Church Street and Phillip Street.
Managing Director Peter Vines, Director Joseph Assaf and Associate Director Victor Sheu of Ray White Commercial NSW – Western Sydney have the listing.
Mr Vines said Parramatta’s Eat Street had for years offered Sydneysiders a rich mix of dining, cultural entertainment, retail, nightlife and leisure experiences.
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“The current passing income of the eight tenants sits at $754,390 with potential to increase, with long-term tenants such as Coco Cubano occupying the space," Mr Vines said.    Mr Assaf said Parramatta was at the geographical centre of Sydney and was a focus for employment, housing, recreation and cultural opportunities, with its major revitalisation key
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/16/Digital%20Images%20In%20Design%20Mark%20Ups3.jpg" alt="">   Mr Sheu said on the corner of Church and Phillip Street, ‘302 Church’ occupied a position at the heart of Eat Street. 
“Retail and commercial tenants will rush to service this demand, bent on capitalising on a strong base of consumers spanning from the daily office lunch crowd to the ever-growing residential population in Parramatta CBD," Mr Sheu said.    Expressions of interest close on October 9.
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