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Sydney’s Opal Tower: What We Know So Far

Sydney’s Opal Tower: What We Know So Far

The much-publicised Opal Tower saga now enters its fifth week of uncertainty with 105 of the buildings 392 apartments declared “unliveable” and structural repairs potentially required on every level. The newly-built 36-storey Sydney apartment building was evacuated on Christmas Eve after cracking in precast concrete panels was discovered on level 10, sparking fears that the…

Sydney’s Opal Tower: NSW orders probe after ‘cracking’, evacuation of residents

Sydney’s Opal Tower: NSW orders probe after ‘cracking’, evacuation of residents

The NSW planning department has started a probe into developer Ecove’s Opal Tower in Sydney Olympic Park, after residents of the 392-apartment tower were evacuated on Christmas Eve. Planning Minister Anthony Roberts said on Wednesday his department would “comprehensively investigate and report to me all steps taken” to ensure the building’s structural integrity. “The investigation…

Sunland Lodges Plans for $90m Gold Coast Tower

Sunland Lodges Plans for $90m Gold Coast Tower

Developer Sunland Group has lodged a new development application with the Gold Coast City Council for a 16-level boutique apartment project. The Labrador site has existing approval to deliver a 35-story tower with 217 apartments, although the Group’s revised proposal would deliver half that with its plans for a 16-story residential tower designed to capture…

Chinese developers are steering away from expensive inner city site purchases for apartment projects as they wait out the housing downturn and the uncertainty of next year’s federal election. At the height of the boom in and around 2013 to 2015, many Chinese developers including Greenland, Golden Horse, Country Garden, Aqualand and Dalian Wanda paid…

Sydney’s Residential Hubs More Than Just a Place to Live

Sydney’s Residential Hubs More Than Just a Place to Live

As residential property buyers and investors continue looking for projects that feature liveability and amenity, developers are turning toward integrated mixed-use hubs to house their flagship projects. One key location making the most of this shift toward cohesive and integrated communities is Sydney’s Lidcombe area, which houses key hubs such as Sydney Olympic Park and…