20/08/2021 - 15:26

Construction starts on $55m apartments

20/08/2021 - 15:26

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Singapore-based developer Jean Yip Group has broken ground on its first Western Australian project, Elements at Carousel.

Construction on the 10-storey, 114-apartment development is expected to be completed in early 2023. Image: DesignInc

Singapore-based developer Jean Yip Group has broken ground on its first Western Australian project, Elements at Carousel.

The 10-storey building will comprise 114 apartments, including one, two and three-bedroom apartments.

Exal Group has been appointed to oversee and jointly manage the development process from conception to completion, with FIRM Construction starting works this week.

Designed by Australian architecture firm DesignInc, the development is located in the Canning City Centre precinct, along Leila Street in Cannington, within walking distance to Westfield Carousel.

Jean Yip managing director Mervin Wee said the project had already received a good response from both local and overseas buyers since launching pre-sales.

At a ground breaking ceremony earlier this week City of Canning mayor Patrick Hall said Elements at Carousel would set a benchmark for design within the area.

“Quality projects like this are important in assisting Canning to achieve our targets for medium and higher density housing choices for our residents,” Mr Hall said.

A gym, residents lounge and rooftop garden are some of the planned amenities for Elements at Carousel, with the building also integrating sustainability initiatives to achieve a minimum 6.5-star NatHERS rating.

That includes solar panels, electric vehicle charging stations and centralised water heating, with apartments designed to leverage natural light and cross ventilation.

Jean Yip and Exal Group are targeting an early 2023 completion.

Elements at Carousel is the first development of its kind to be approved within the City of Canning for both short-term and long-term accommodation to enable flexible living arrangements, with council endorsing the project for Airbnb use.

The project marks Jean Yip's debut in WA. 

The group was founded by Jean Yip, who previously built a beauty empire of the same name with more than 80 outlets across Singapore and Malaysia.

Ms Yip diversified into property development in 2002, specialising in luxury and premium residential, commercial and industrial properties across Singapore, the United Kingdom, Japan and Australia. 

Exal Group is a prominent Perth developer, with active projects including a $14 million apartment development in Nedlands and a $55 million student accommodation complex in Waterford, near Curtin University.

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