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An artist’s impression of the Horizon project on West Coast Highway, which will be revived by a new developer. Image: Crème Real Estate

More hurdles on horizon for Diploma

An embattled Perth-based developer has capped off a turbulent 2016 by selling one of its most prominent projects.

Diploma Group has offloaded another of its assets, selling a stalled apartments development site in Scarborough.

The nine-level, $35 million project known as Horizon on West Coast Highway, was originally scheduled for a construction start in the second quarter of this year, but will now be relaunched by the buyer, GM Property Group.

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Lots expected to be completed for sale, current financial year

17th-Lester Group100
18th-Pindan Capital100
19th-GM Property Group100
20th-Humfrey Land DevelopmentsNFP
21st↓Ardross Group75
35 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year?

Number of Employees

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