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S P Setia

S P Setia lands 111-125 A'Beckett Street as offshore media reports Sapphire is all but sold out

Over the course of the last week, Malaysian developer S P Setia has landed two telling blows in Melbourne's apartment market, further enhancing its stature locally. Malaysian publication The Edge Markets has in recent days reported that the developer has secured 111-125 A’Beckett Street for a price of $61 million. Complete with permit for an Elenberg Fraser-designed apartment tower spanning 200 plus metres, the A'Beckett Street plot of 1,714sqm...
308 Exhibition Street will have views towards and over the Carlton Gardens. Image: Supplied (Cropped)

S P Setia's 308 Exhibition Street approved: Shangri-La Hotels & Resorts confirmed as operator

S P Setia has announced that it has entered into a partnership with Shangri-La Hotels & Resorts for its twin tower development at 308 Exhibition Street. In attendance were representatives from both companies including S P Setia Chairman Tan Sri Dato' Seri Dr Wan Mohd Zahid and Shangri-La Asia CEO Mr. LIM Beng Chee in addition to dignitaries from Malaysia and members of the media, including Urban Melbourne. 308 Exibition Street set to rise...

SP Setia's northern statement: 308 Exhibition Street

The wider public now has a chance to see what developer SP Setia has in store for its prime development site on the northern edge of the CBD fronting Carlton Gardens. These are the first images made available of the proposed application that carries a nominal development cost of $250 million, with the total value of the project much higher. Having secured the site earlier in the year, SP Setia now hopes to gain approval for the twin towers which...

Fulton Lane on show during its topping out ceremony

In excess of 100 guests gathered earlier this week at the Fulton Lane construction site to witness the project's topping out ceremony. In a sign of Malaysian-based developer SP Setia's propensity to be seen to be proactive, the sizeable crowd amassed for what is generally only a builders tradition which sees a juvenile tree placed atop of the newly completed concrete structure. But on this occasion in a very public ceremony three separate trees...
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Development & Planning

Thursday, November 23, 2017 - 00:00
The City of Melbourne earlier this week agreed to provide conditional support for MAB Corporation's NewQuay West Development Plan via its Future Melbourne (Planning) Committee. The revised development plan prepared by DKO Architecture and Aspect Studios was driven by the development of the Ron Barassi Senior Park which necessitated a revisiting of the precinct layout and urban structure.

Policy, Culture & Opinion

Monday, November 20, 2017 - 12:00
The marriage of old and new can be a difficult process, particularly when the existing structure has intrinsic heritage value. In previous times Fitzroy's 237 Napier Street served as the home of furniture manufacturer C.F. Rojo and Sons. Taking root during 1887, Christobel Rojo oversaw operations though over time the site would become home to furniture manufacturer Thonet.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

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Transport & Design

Friday, November 24, 2017 - 00:00
Leslie A. Martin , University of Melbourne and Sam Thornton , University of Melbourne Road congestion in large Australian cities is estimated to cost more than A$16 billion a year . Economists have long argued the best way to improve traffic flow is to charge drivers for their contribution to road congestion.

Sustainability & Environment

Tuesday, October 24, 2017 - 12:00
Cbus Property's office development for Medibank at 720 Bourke Street in Docklands recently became the first Australian existing property to receive a WELL Certification, Gold Shell and Core rating. The WELL rating goes beyond sustainable building features with a greater focus on the health and well-being of a building's occupants.