A nine-storey development in Como has been approved, with the developer proposing to build more than 100 apartments to offer affordable accommodation amid Perth's housing crisis.
Residents will start moving into Far East Consortium's premium apartments project The Towers at Elizabeth Quay before the end of the month, with the Hong Kong-headquartered developer shifting focus to its Perth Hub at Perth City Link as its Ritz-Carlton Hotel also nears completion.
Probuild has secured the state's biggest building coup of 2016, with the national construction outfit understood to have been selected as developer Far East Consortium's preferred contractor for th
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
Broome's accommodation sector is basking in the strong market for tourism assets with new resorts opening their doors and several developers preparing to launch significant new projects.
Property analysts are predicting a significant rise in Perth's residential apartment prices as supply falls on the back of rising construction costs and a subsequent reluctance on behalf of developers to build.
EFFORTS to promote Broome as a year-round holiday destination, have been thwarted by the Kimberley's notorious wet season again, higher fuel prices and distance.
