Property

Tuan Sing Holdings is launching its Residence brand into Perth, bringing serviced apartments and short-stay accommodation to the former Hyatt site.

The $16 million, 10-storey proposal was assessed by a development panel today following its deferral in May.

Brett Mason spent 20 years at the helm of the construction giant.

The Nedlands property fund is raising capital to fund the transaction, estimated to be $35 million.

A CIMIC subsidiary has proposed a 1,311-room, six-storey accommodation village, valued at approximately $550 million.

The transaction brings the Subiaco-based syndicator’s funds under management to $960 million.

The city has continued to rise at a faster rate than any other capital, with a 2 per cent increase in CoreLogic’s index to a $773,335 median.

The city was one of three capitals to record an increase in office vacancy, with a 0.8 per cent rise in the last six months.

Saracen Properties will tweak its $27 million Ocean Reef Shopping Centre design after receiving the green light from an assessment panel.

The property giant has leased 300,000sqm in FY24, including 120,000sqm in WA, via its industrial fund.

Nicheliving’s building registration renewal has been refused due to financial concerns, as more than 230 homes sit incomplete across the state.

Hanssen has failed to appeal a long-running strata dispute over a Victoria Park property, which left the builder with a $7.6 million bill.

Prime Minister Anthony Albanese has dodged questions on property tax reforms, and conceded newly minted housing Minister Clare O’Neil could “have other measures”.

Experienced property executive Dean Mudford has been appointed to the helm of DevelopmentWA for a five-year term.

Sterling Property looks back on its decision to form an independent agency a year on from the move.

The development includes 247 apartments across two towers and a retail and hospitality component.

The WA syndicator has purchased a Subiaco office building from two separate owners.

A consultancy firm says it has partnered with Nicheliving to "rebuild public trust" for the home building brand amid heightened scrutiny.

The treasurer told a property industry lunch she would not commit to an empty promise of reviewing property taxes.

The Henderson-based company has acquired an additional workshop after outgrowing its current facility.

A class action lawsuit against three BGC Housing Group companies has commenced in the Supreme Court of WA on behalf of thousands of aggrieved homeowners.

Broome’s Eco Beach Resort has been put on the market for the first time since it was built as plans surface to take the remote destination to a new level of luxury.

The deputy premier has hailed the hybrid and timber structure as a sign of things to come.

Golden Group will add more than 200 apartments to Burswood Peninsula after receiving the green light to build its $160 million development.

The Buckeridge Group of Companies has relaunched its sales process, putting its cement division on the market.

The latest reports about the CFMEU have sparked calls from the state’s construction industry body for authorities to examine the negotiation processes for EBAs.

Hotel operators mull the impact of the Hyatt’s sudden closure as well as their refurbishment programs.

PACT Construction has been recognised for its work on the Forbes Residence development in Applecross at the Master Builders WA awards ceremony.

Singapore-based developer Centurion has flagged a Western Australian entry, earmarking a Crawley site for a $30 million student accommodation project.

Regis Aged Care will close its Nedlands village in the coming months while finalising a land deal with Hesperia.

Records show the newly appointed supervisor for Nicheliving's building arm had a run-in with the Building Commissioner eight years ago over negligent and misleading conduct.

Regents is set to start construction on a $18 million aged care development north of Perth, which will be the aged care provider’s sixth facility in the state.