Page 2 - Gopal Tower News Today

The ongoing probe into serious defects in four blocks of new apartments in the Lachlan Line’s complex at Macquarie Park adds to the litany of faulty new builds blighting the real estate market in NSW and nationwide.

Who knew what and when about the defective slab in the Lachlan’s Line building? And when must a prospective buyer or tenant be told if a building has a defect?

The revelation by the Building Commissioner David Chandler that up to 20 per cent of property developers in NSW are “risky” must send shivers down the spines of apartment owners.

Recent Australian residential construction failures revealed a need for capturing, sharing and collaborating on construction project data.

To prevent a repeat of disasters such as the Opal and Mascot towers, states need to better regulate their building industries – and they need to move faster.

Deal suggested by NSW building commissioner comes after residents were forced to evacuate in 2019

Suburbs with high-rise apartments in Sydney, Melbourne and Perth are more likely to sell at a loss, a new report shows. Aggressive rate rises are also forcing struggling borrowers to sell.

Developed by KDMC, the Architex-designed Ophora at Tallawong in Sydney’s north-west is the first multi-res precinct to be covered by Latent Defects Insurance (LDI) in Blacktown City Council.

Brokers deems project one of the city's most affordable developments featuring new LDI

Policy rebuilds buyer confidence, says developer