Page 4 - Central Equity News Today

China’s biggest private developer offloads Windermere estate in Melbourne to Frasers for around $250 million as the company moves closer to leaving Australia.

Developer Allen Sammut says average prices for large apartments in his Surfers Paradise beachfront project have doubled since June 2021.

Howzit My China is looking to build a new state-of-the-art self-storage facility in Abbotsford, which is surrounded by apartments, many of which are too small to fit their occupants’ belongings.

Responsive heat settings and pan recognition technology sit on the list of features for Miele’s Full-Surface Induction Cooktops. A two-in-one extractor and induction hob sees vapour trapped and extracted downwards, keeping living spaces odourless.

Central Equity is a prolific developer of high-rise apartments in Melbourne and offices linked to the company’s directors have bought a row of fashion shops in the city’s east for more than $30 million.

Covet’s Ever Art Wood and large marble tiles made up a carefully selected materials palette that aimed to deliver an expensive-looking luxurious finish to the lobby area of a stunning, 58-storey apartment tower in Melbourne.

As building companies such as Oracle continue to collapse, some people losing their dream of a new home are blaming over-committed builders chasing government stimulus money.

Queensland man Dale Liston only found out that Oracle Homes, who were building his house, had collapsed while browsing Facebook. Mr Liston said the builder had told him everything was fine.

While about $1b of projects have been shelved so far, Tim Gurner and Sam Arnaout have appointed builders to Gold Coast projects worth almost $2 billion

Rising demand and a shortfall in new apartments are a boon for property investors who can pass on the cost of interest rate rises.