Megara

The state government’s push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates.

Megara Developments managing director Matthew Pickford says his company was simply in the right place at the right time to take advantage of the Pilbara’s building boom.

Property player Megara Developments will build eight apartments for the Town of Port Hedland in exchange for the right to sell house-and-land packages at South Hedland’s Catamore Court estate.

Service workers in Newman are set to benefit from more rental options, with tenancy applications open for 10 new homes.

The sale of LandCorp's large scale residential lots in Onslow has begun, with local residents to be given pre-release preferences.

Several former BHP Billiton employees made redundant from their positions at Mount Whaleback mine have engaged law firm Slater & Gordon to fight for their Newman homes amid claims the company altered aspects of its home ownership scheme.

Change is under way in the Pilbara mining town of Newman, with BHP Billiton’s long-held dominance of the housing market moderating in the face of new residential developments and a growing rental sector.

Former chief financial officer at Crown Perth, Craig Spence, has joined Perth property development and construction group Megara Developments as its new chief financial officer.

The end of the resources boom has resulted in a bleak prognosis for Pilbara property, but not all players think the region is on its last legs.

Some of the state's biggest home builders have joined a government panel to deliver design and construction work on the $560 million Social Housing Investment Package.