News Articles for PRM Property Group

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Perth land developers LWP Property Group and PRM Property Group have announced a merger, with the combined group to have four equal shareholders.

SPECIAL REPORT: Last year couldn't end soon enough for the state's land developers, who are banking on a break from adverse conditions. Click through to see our BNiQ list of land developers.

Land developers are predicting further pain as finance changes put a damper on the industry.

The cities of Armadale and Cockburn are renewing a push for federal funding of a $160 million new bridge linking Armadale and North Lake roads, with local jobs and a near-$300 million expansion of Cockburn Gateway Shopping Centre hinging on the commitment.

SPECIAL REPORT: Slowing population growth and a stalling economy are producing significant headwinds in the residential land sector.

Softening conditions in residential land sales are providing a mixed bag for the industry, with some of Western Australia's biggest players bolstering earnings via increased exposure in other markets, while others are holding course and pushing on in Perth.

Population growth in Armadale is surpassing expectations, driving rapid residential, commercial and industrial development across the south-eastern suburb.

Diversified property developer Golden Group has launched its latest project - a $750 million, 500-hectare residential subdivision in Serpentine-Jarrahdale, where it ultimately plans to construct up

The Department of Housing has spent more than $80 million buying land from major developers at the northern limits of metropolitan Perth in the past nine months, adding as many as 1,200 lots at the

The WA arm of the Urban Development Institute of Australia has warned the residential land market is at risk of overheating if action is not taken to fast-track the release of new land.

Some green shoots are starting to emerge in property development after the post-GFC downturn.

Those investing in creating suburbia are hoping 2012 is a better year than last.

Housing developers have taken a new approach in their efforts to compete with the established-home market, offering a range of inducements and incentives to prospective clients.