SKYE_PRESS BLOG BANNERS_Financial Review2
Dec
4
2012

CROWN GROUP HAS BEEN AWARDED A PRESTIGIOUS MBA EXCELLENCE IN HOUSING AWARD FOR ITS LATEST DEVELOPMENT SANCTUM

FOR IMMEDIATE RELEASE

December 4, 2012 – Sydney-based property developer Crown Group has been awarded a top prize at this year’s 2012 Master Builders Australia NSW Excellence in Housing Awards.

Crown Group took out the top award in the “Home Units 500-700” category for its stunning waterfront development – Sanctum.

Located in Rhodes near the much-admired Sydney Olympic Park community, Sanctum’s high-quality finishes and cutting-edge design embody the building philosophy of Crown Group.

Sanctum features 149 apartments across two buildings – popular with buyers from the start, with most apartments sold off-the-plan.

Sanctum was completed – and residents moved in – in June 2012.

Designed to maximize water views and to capture the light and gentle breezes, the development includes one, two and three bedroom apartments and rooftop penthouses.

Crown Group CEO, Iwan Sunito said the award for Sanctum was a resounding endorsement for Crown Group’s work – in both design and construction.

Crown group was proud to be recognised by the highly-respected industry body Master Builders Australia, Mr Sunito said.

“We pride ourselves on our ability to deliver all aspects of project development in-house: from site acquisition, design, development, construction, finance, marketing and property management,” Mr Sunito said.

“It means we can deliver homes swiftly to the market with a high level of design quality — at an attractive price.”

Judges at the awards praised Crown Group’s innovative design allowing Sanctum’s apartments generous spans and higher ceilings.

“These apartments offer all the benefits of resort-style living at an affordable price. The builder has used driven piles to support the building and beams to achieve maximum floor-to-ceiling heights and long spans. A job well done,” MBA Judges commented.

The $110 million building features an impressive foyer and generous landscaping — with a wet-edge reflection pond and meditation cabana — offering its residents resort-style living.

Apartments have been designed to maximise natural ventilation and reduce reliance on air-conditioning.

Crown Group was officially announced the award’s winner in September with Sanctum featured in the Master Builders Australia Awards Annual 2012-2013 published this month.

Crown Group’s current projects include a five-tower development Top Ryde City Living, an artistically-inspired 10-storey development in Waterloo – Viking by Crown and Crown’s Latest project V by Crown.

V by Crown is a 27-storey $300 million state-of-the-art “vertical village” located in Parramatta and will feature resort-style facilities including a pool, gym and conference facilities.

Crown Group is experiencing enormous success in Sydney, with 11 projects completed including in Bondi, Bondi Junction, Ashfield, Epping, Eastwood, Strathfield, Five Dock, Homebush, Pennant Hills and Rhodes.

For details on Crown Group’s other developments across Sydney visit www.crowngroup.com.au.

– Ends –

Media enquiries:

Kate Prideaux, Communications Manager

02) 9925 0088 or 0401 863 436

kateprideaux@crowngroup.com.au

About Crown Group

Crown Group is a privately-owned and award-winning* company actively engaged in property development, construction, property investment and asset management. It has earned its outstanding reputation via a diverse and impressive portfolio of residential projects driven and managed by a team of highly-skilled professionals with across-the-board expertise.

The company was co-founded by architect Iwan Sunito and civil engineer Paul Sathio in 1996.

Crown Group has built its good name and imposing track record on efficiently guiding the entire development process from site acquisition, design and construction, marketing, sales and beyond.

It’s also thanks to this comprehensive approach that the company has enjoyed strong and sustainable growth and, over the past sixteen years, Crown Group has become one of Australia’s leading property development groups with a $2.58 billion portfolio of projects completed, under development and in the pipeline.

* Crown Group has won a number of awards over the years, the very latest for its development Sanctum in Rhodes, Sydney. The brand new apartment building, on the waterfront at the much-admired community near Sydney’s Olympic Park, took out the “Home Units 500-700” category in the 2012 MBA Housing awards.

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