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

Coolangatta apartments

Immerse Projects is set to launch their second <a href="/developments/coolangatta-qld-4225">Coolangatta apartment project</a> to the market later this year, having received approval from the Gold Coast City Council.

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill development</a> which is currently on the market.

“We are very pleased with today’s approval of the McLean Street project which is the result of a lot of collaborative work with Council <a href="/news/qld/first-look-latest-kirra-beach-coolangatta-apartment-tower">over past 18 months</a>,” Kearney said.

“This allows us to focus on delivering and finishing construction on our adjacent site being Rhythm Kirra Hill and look forward to moving our teams onto this site towards the end of next year along with a DA submission of another site in Tweed.”

Read more:&nbsp;<a href="/news/qld/first-look-latest-kirra-beach-coolangatta-apartment-tower">First look: Latest Kirra Beach, Coolangatta apartment tower</a>

<img alt="McLean Street" data-entity-type="file" data-entity-uuid="6f8d4aa0-2c1b-4d98-bfec-1bb721509458" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%204.49.05%20pm.png?VersionId=hnI6NmEd3j9yWr6ALiTTd8xSuZX91LoC" />

The McLean Street development will deliver 58 new apartments comprising a mix of two-and three-bedroom designs, with the project to be topped by a 240 sqm penthouse.

The development will deliver a range of resident amenities including resort-style rooftop providing a communal lounge room, pool, gymnasium and sauna. The design offers additional communal areas on the ground and first levels that will provide meeting rooms for work-from-home use and parcel delivery lockers for online purchases by residents.

Designed by award-winning firm BDA Architecture, the development will feature a simple slender design with curved edges and a paired back elegant articulation of a timeless architectural style.

Immerse Projects reduced the height of the project from 19 levels following negotiations with the Council over the past 18 months. The site is located within the Coolangatta Centre District which offers higher density allowances under the Gold Coast City Council Town Plan.

<img alt="McLean Street" data-entity-type="file" data-entity-uuid="d847f078-058f-469f-8027-90491feaeca8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-26%20at%204.49.13%20pm.png?VersionId=8XejfOh44DYRaGUQToteMSU28yoJnCVZ" />

The project is designed to provide a variety of residential products in the established <a href="/developments/coolangatta-qld-4225">coastal neighbourhood of Coolangatta</a>, an area that is growing in popularity with buyers.

Rhythm Kirra Hill, which offers apartment designs that suit a wide section of the market,&nbsp;has proven to be popular among owner occupiers and local downsizers.

“McLean Street, like Rhythm, will cater to that missing middle market where buyers are looking for quality coastal residences with resort-style facilities but without the premium price point,” Kearney added.

“We are big believers in the southern Gold Coast, as the market remains buoyant for this type of product amid an ongoing undersupply of stock.”

Greyburn will start construction on the <a href="/new-apartments/39-41-mclean-street-coolangatta">McLean Street project</a> next year.

[smartcode_project_cta:default project_id=110171]

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his on market Rhythm Kirra Hill development

Immerse Projects secure approval for second Coolangatta apartment tower

Developer BeckDev has made significant design concessions to its proposed Palais <a href="/developments/coolangatta-qld-4225">Coolangatta development</a>, the most obvious being a large reduction in height and scale.

The group, led by founders Ben and Max Beck, lodged the revised plans with the council this week.

Responding to the latest councils request to reduce the building even further in height, BeckDev further concedes lowering the height of the project to 17 storeys from the 22 storeys originally proposed and the subsequent revised 20-storey design that sat comfortably within the skyline and in close proximity of an existing 24-storey building.

The reduction in floors and the number of apartments planned for Palais will see the height of the project slashed to 58.75 metres from the originally proposed 75.5 metres as BeckDev looks to meet the council’s requests.

Amid an ongoing undersupply and shortfall of apartments available for rent and purchase, Palais will be further reduced to 132 apartments. This is considerably less than the 174 apartments originally planned by BeckDev and the subsequently further proposed reduction to 159 apartments that council rejected.

&nbsp;

[smartcode_project:default project_id=103143 project_image_fid=216319]

The Palais development application, <a href="/news/qld/beckdev-set-for-palais-coolangatta-apartment-development">which was first lodged in November 2021</a>, is earmarked for a 2,355 sqm site at 31-35 McLean Street. The site is partly occupied by the Jazzland building, a former dance hall that was the heart of the Coolangatta social scene from the 1930's until it was closed in 1951.

BeckDev will retain the heritage building’s façade as part of the development, with the hall and stage of the former Jazzland Dance Palais to be restored to its former glory.

The restoration work which will bring to life a part of Coolangatta’s history that has remained lost for more than 70 years, will incorporate the existing original materials to maintain the authenticity of the dance hall that hosted revellers from the 1930s through to the 1950s.

The Palais project also presents a significant opportunity for local business patronage in the centre of Coolangatta. Unlike the residential-zoned areas of <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, such as Snapper Rocks and Rainbow Bay, which have witnessed considerable development activity in recent years, the Coolangatta centre itself has experienced relatively limited revitalisation efforts over the past decade.

[smartcode_project:default project_id=103143 project_image_fid=216320]

Among the key changes proposed by BeckDev for Palais are increased tower setbacks to the sides and rear of the development, as well as the Jazzland heritage façade, with setbacks ranging from 3.46 metres to 7.026 metres which either meet or exceed council requirements. BeckDev has also reduced the height of the podium and adjusted its setback from the heritage façade.

BeckDev Managing Director Damian Dalgleish said the&nbsp;authentic heritage restoration to the façade and hall provides a unique sense of place that celebrates the cultural heritage use of the Jazzland dance in the hall.

“Our commitment to Jazzland is saving a long forgotten past that retains and restores a heritage cultural use, that has been lost due to successive owners altering the building to suit their retail requirements with no consideration to the previous heritage values of the site," he said.

&nbsp;

[smartcode_project:default project_id=103143 project_image_fid=216317]

Palais, designed by award-winning architectural firm BDA, will comprise a range of one, two, and three-bedroom residences that will take advantage of the development’s prime coastal location in the heart of Coolangatta and within close proximity to the world renowned surf beach.

The residential development offering incorporates premium residential facilities over two separate levels, including office pods, a pool, gym, theatre, private dining function rooms, kids play area and barbecue breakout areas that offer stunning views across the bay to the Surfers Paradise skyline.

“BeckDev recognises being able to live, relax and work from home with all those facilities at your fingertips is what customers are now looking for,” Dalgleish added.

BeckDev are renowned for delivering quality and landmark developments in <a href="/developments/sydney-nsw">Sydney</a> and <a href="/developments/melbourne-vic">Melbourne</a>, including one of Australia’s most important heritage building restorations at 333 Collins Street in Melbourne.

[smartcode_project_cta:default project_id=103143]

Palais, designed by award-winning architectural firm BDA, will comprise a range of one, two, and three-bedroom residences that will take advantage of the development’s prime location in the heart of Coolangatta

alisonwarters@gmail.com

Beckdev lodge revised plans for Palais Coolangatta apartment development

Gold Coast developer S&amp;S Projects, Paul Gedeoun's development company which&nbsp;is reshaping Rainbow Bay with two striking apartment developments currently under construction and one recently completed, is set to bring a fourth project to the coastal hotspot.

S&amp;S has lodged plans with the <a href="/developments/gold-coast-qld?sort=">Gold Coast</a> City Council for <a href="/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, a 13-level tower with just 33 apartments at 271 Boundary Street, toward the eastern end of the sought-after street just a stone's throw from the famous Point Danger headland.

The $140 million development will follow the recently completed&nbsp;$90 million Flow residences, the sold-out $48 million Awaken which is adjacent to the new project, and $140 million <a href="/new-apartments/esprit-217-227-boundary-street-coolangatta">Esprit</a>. The latter of the two projects are currently being built.

“Our confidence in the southern Gold Coast market has never been stronger, especially at Rainbow Bay which epitomises the sophisticated beach lifestyle overlooking the region’s world-famous surf breaks and close to the vibrant heart of Coolangatta,” said Gedoun.

“Our latest project in this highly sought-after precinct is inspired by the success of our previous developments and has been designed to meet the demand we continue to experience for luxury residences in this special part of the Coast.”

<a href="/developers/ss-projects">S&amp;S Projects</a> has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location, while offering generous views and privacy for residents.

The building will feature a luxury subtropical design achieved through light building materials, deep recesses and vegetation throughout built form.

<img alt="S&amp;S Projects" data-entity-type="file" data-entity-uuid="95d7a993-9ce6-41b7-a689-f0239c2c41d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-08%20at%208.48.28%20am.png?VersionId=xmpu.5_JuWgOWvlf4RJpNDKqOqQ.HshM" />

The boutique development will comprise eight two-bedroom apartments and 17 three- bedroom apartments, topped off by eight three-bedroom penthouses and sub-penthouses on the upper levels.

The residences will each offer generous floor plans ranging from 100 sqm to 174 sqm for the two-bedroom apartments, including balconies.

Three-bedroom residences will have living areas from 172 sqm to 255 sqm, including balconies, while sub-penthouses offer expansive spaces of between 333 sqm and 340 sqm.

Levels 11 and 12 of the development will house two sprawling penthouses of 504 sqm and 569 sqm each, including balconies, while offering spectacular coastal views high on the hill at Rainbow Bay.

Residents also will enjoy a host of amenities including a ground-floor recreation area comprising a swimming pool, outdoor dining and barbecue area, communal private dining, kitchen and wine tasting rooms, a business centre meeting room, a wellness centre and gym.

The development is located a short stroll to Rainbow Bay, Greenmount Beach and Coolangatta Beach, home to the southern Gold Coast’s thriving café culture and extensive retail facilities.

Jayde Pezet of Pezet Matheson, which has successfully marketed the three S&amp;S projects, said there was an over-subscription of buyers for luxury product in Rainbow Bay.

“We’ve had interested parties who were not able to get into Paul’s first three projects that are waiting for more quality new product to enter the market,” Pezet said.

“S&amp;S Projects has introduced a quality of product never seen before at Rainbow Bay and there is still very strong interest in luxury end user focussed product in the area.

“On that basis we’re very keen to get this project to the market subject to council approval.”

Pezet says, pending council approvals, they are anticipating an official launch by the end of this year.

Gedeoun's luxury projects, Flow and Awaken, have set a luxury and price benchmark for the southern Gold Coast which has seen affluent buyers flock to what is regarded as one of Australia’s premier north facing beaches overlooking the world famous Snapper Rocks.

Flow apartments achieved an average price record of $3.5 million per apartment while Awaken’s penthouse sold for $9 million and is heading for completion later this year.

S&S Projects has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location

S&S Projects file for fourth Rainbow Bay apartment project, Radia Rainbow Bay

Marine Parade is one of the most sought-after strips in the Southern Gold Coast.

In recent years there has been the quicktime sell-out of Spyre Group's Cala Dei Residences, the 12-level project replacing the well known Komune Resort, and Joe Adsett's luxury Rockpool Rainbow Bay development.

Now there's set to be a new collection of high-end apartments at 202 Marine Parade, toward the tip of the street near Snapper Rocks and behind Rainbow Bay Surf Club.

Zone Planning Group lodged the plans on behalf of Pacific View, the developer behind Bilinga's luxury apartment project Navini.

The project will have just four apartments across an 11-level building designed by Raunik Design Group Architects.

<img alt="Render of the proposed Coolangatta development at 202 Marine Parade" data-entity-type="file" data-entity-uuid="7b251311-e437-4bda-80d0-abac56113371" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-12%20at%2012.08.41%20pm.png?VersionId=6KtGUlKi5rxmEi9jelM1l8ZIkjtNl6t2" />Render of the proposed Coolangatta development at 202 Marine Parade. Credit: Raunik Design

Each unit will span two levels and feature large voids which create open plan living spaces and allow for maximum natural light. The apartments have been orientated to maximise the unobstructed views, which are on offer from every level given Marine Parade's prime ocean-facing status.

Crowning the development is a communal rooftop with a pool, barbecue area, outdoor dining space, a lounge area, as well as an observation deck that will take in the expansive surrounding views to Snapper Rocks, Rainbow Bay and the Gold Coast skyline, as well as vistas to the Tweed coastline and Hinterland.&nbsp;

<img alt="Render of the proposed Coolangatta development at 202 Marine Parade" data-entity-type="file" data-entity-uuid="d9f04687-0830-4dfa-bac3-6ca5dea1c3b7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-12%20at%2012.11.04%20pm.png?VersionId=cMiDFiVCLeSoTM0UikyHlcMGZnTYaGHU" />Render of the proposed Coolangatta development at 202 Marine Parade. Credit:&nbsp;Raunik Design

The rectangular-shaped lot, covering a total site area of 422 sqm, currently houses the Pacific View apartments, an older-style building that is home to six units.

Read more:&nbsp;<a href="/news/qld/construction-commences-at-joe-adsetts-rockpool-rainbow-bay">Construction commences at Joe Adsett's Rockpool Rainbow Bay</a>

Read more:&nbsp;<a href="/news/qld/hutchinson-builders-to-deliver-spyre-group-s-coolangatta-apartment-project-cala-dei">Hutchinson Builders to deliver Spyre Group’s Coolangatta apartment project, Cala Dei</a>

[smartcode_project_cta:default project_id=140061]

Zone Planning Group lodged the plans on behalf of Pacific View, the developer behind Bilinga's luxury apartment project Navini

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