The state government has released the East Perth Redevelopment Authority's new guidelines designed to meet the needs of inner-city development for six project areas including The Link, the Perth Cultural Centre and Riverside.
Port Bouvard has refinanced its existing bank facilities with St George Bank to the tune of $167.6 million, renewed until the end of 2011, allowing the property developer to focus on progressing the development of its flagship assets in Western Australia.
As 2009 comes to a close, major construction companies are exploring new opportunities in the public sector to offset the expected downturn in commercial building.
COMING off the boom levels of residential construction experienced from 2006 until 2008, the past 12 months has been a slow period for the building sector, according to industry analysis.
Latest data from the state's real estate institute indicates Perth's median house price is heading back to the peak level it achieved in December, 2007 on the back of strong sales turnover among more expensive homes.
Port Bouvard joint chief executive Matthew Perrott has resigned less than a year after his appointment, as the property developer continues to hold talks with St George over its debt funding.
The state government has used $17.8 million from stage two of the federal government's Nation Building Economic Stimulus package to build 50 new affordable homes in Mirrabooka, Housing Minister Troy Buswell said today.
Home buyers looking to enter the market are being told houses in Perth and Brisbane will offer 'bang for your buck' as the roll back of the first home owners grant boost has had little effect on the lower-end of the market.
A report released today has refuted commonly reported perceptions of the Australian housing market, saying homes in the country are not overly expensive with the median price at $371,000.
THE release of long-awaited plans for the Northbridge Link may have grabbed the headlines, but the organisation responsible for delivering the project has unfinished business to attend to elsewhere in the city
THE CBD office leasing market is in a far healthier position than it was heading into the last boom, according to the latest market research from Colliers International.
A ROAD extension project considered vital for the development of the Rockingham/Kwinana industrial area has been indefinitely delayed due to health and environmental concerns.
The Urban Development Institute of Australia has welcomed the federal government's move to provide infrastructure funding based on 30-year strategic plans suggesting it's a critical step required to meet growing demand for land.
The head of Western Australia's real estate institute was unsurprised to learn of the massive price paid out for the purchase of iron ore heiress, Angela Bennett's Mosman Park mansion, reportedly a national record at $57.5 million.
Property developer Cedar Woods Properties has bought a 2.55 hectare residential development site in a Melbourne suburb for $22.5 million with plans to build 70 new homes and townhouses.
Three Western Australian boutique hotels have been named among Australia's and New Zealand's top 33 properties in an international travel guide from boutique and luxury hotel specialists, Mr & Mrs Smith.
BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.
THE state government will defer a mandatory introduction of six-star green-star energy efficiency requirements to new residential building projects for 12 months, following a five-year campaign against the proposed amendments by the Master Builders Associ
Property developer Aspen Group has secured a new $20.5 million banking facility which will allow it to pay back its short-term debt and create more headroom under an existing senior facility.
The rental market is expected to come under pressure as new data out today shows the median house price in Perth has climbed 6 per cent in the year to October while sales of new homes fell.
Following the global financial crisis, Western Australia's confidence in property investment, as opposed to investing the stock market, is greater than all other states, a survey has found.
THE Master Builders Association has forecast a major downturn in commercial building, with little new private sector work being undertaken, according to its survey of building industry conditions.
NEW developments along the northern metropolitan coast have passed some significant milestones, with the official launch of property developer Peet's residential project, Shorehaven, and the passage through parliament of the Jindee Metropolitan Region Sch
HOUSING groups may differ on when the recovery in housing starts will take effect in Western Australia, but they seem to agree that supply side constraints will continue to present problems for the industry.
Land Minister Brendon Grylls has called for expressions of interest from potential redevelopment partners to be part of the revitalisation of the disused Knutsford industrial site near Fremantle, that would create 450 dwellings across 11 hectares.
THE State Administrative Tribunal has upheld a decision of the Building Disputes Tribunal for BGC Construction to pay compensation for a breach of contract over a concrete slab.
THE Rottnest Island Authority has launched a new tender for the development of a premium hotel on the Mount Herschel site overlooking Longreach Bay, following the failure of its initial efforts in previous years.
THE City of Perth has approved a final concept plan for a revamp of St Georges Terrace between William and Barrack streets that focuses on pedestrian traffic rather than vehicles.
EAST Perth's status as a prime high-density residential precinct has been further enhanced with the opening of two large apartment complexes on Adelaide Terrace.
