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Malaysian developer launches South Yarra tower
A Malaysian developer, which lists projects in London and Sydney on its portfolio, is set to announce the launch of a high-end 27-storey tower in ritzy South Yarra.
Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.
A Malaysian developer, which lists projects in London and Sydney on its portfolio, is set to announce the launch of a high-end 27-storey tower in ritzy South Yarra.
Listed property developer Villaworld has paid $44 million for two land sites in Plumpton, a suburban growth corridor in Melbourne's north-west.
Melbourne's famed leafy St Kilda Road boulevard is at the centre of a flurry of Singapore-led sales activity with potential buyers negotiating over two towers and another set to be offered to market.
A Singapore billionaire has begun marketing apartments in a dilapidated Collins Street building.
Australia's corporate watchdog has moved to shut down 19 companies associated with failed Pilbara property scheme marketed by get-rich-quick spruiker Jamie McIntyre.
Rich-lister and high-profile developer Tim Gurner has won a Supreme Court appeal to have a planning tribunal decision - halting the redevelopment of Fitzroy's Spanish Club - reheard.
Adina Apartment Hotels is set to open a 220-room hotel in a purpose-built timber tower above a six-storey office in Melbourne's Southbank that will remain fully operational and tenanted during the hotel's construction.
Property fund manager Folkestone will buy a one hectare plot of land next to its Millers Junction homemaker centre in Melbourne's west, allowing it to expand and create a Woolworths-anchored large format retail centre.
Developers are banking on family-sized apartments and features like internal lifts to entice downsizing baby boomers into suburban projects.
Senior property industry executives dismiss fund manager Altair Asset Management's surprise liquidation of its entire Australian share funds because of an impending property market "calamity" as an "over-reaction."
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