FOR IMMEDIATE RELEASE
Leading Australian Property Group Establishes Growing Presence in Asia With Opening of Third Office
Tuesday May 27, 2014 – Crown International Holdings Group (Crown Group), Australia’s property development frontrunner active in luxury properties and investment in Sydney, is pleased to announce its newest office in Singapore – the company’s third office, second in Asia after Indonesia.
The new Singapore office, located at Suntec Tower Two, 9 Temasek Boulevard, will serve to expand upon Crown Group’s prominent and growing presence in Asia, Singapore, and the surrounding region. In a market showing high demand for Australian property – asan investment or for children studying overseas – the office will provide access to potential Singaporean buyers and local brokers. It will also enable Crown Group to establish valuable partnerships with relevant companies on a local level.
“The Grand Launch of Crown Group’s Singapore office is an exciting step for Crown Group,” said Iwan Sunito, CEO of Crown Group.
“Since Crown Group was founded 18 years ago in Sydney we have proudly offered a quality product to the market and we are pleased to announce the opening of a new office here in Singapore.”
“The demand of buyers in the Asian market has grown significantly in the last six months,” Mr Sunito said.
“Furthermore, the Australian government is dedicated to engaging with overseas investors – primarily in Asia – a key component in our decision to expand into this chosen market. For Singapore-based investors, Australia is geographically, politically, educationally and culturally attractive.”
To take helm of the Singapore office, Crown Group is pleased to announce the appointment of Karen Chia as Country Director Singapore. An experienced property professional, Chia has wealth of knowledge across both the property and finance industries. Karen joined Crown Group as Relations Manager in 2011, working at the company’s head office in Sydney.
Prior to her role with Crown Group, Karen worked for a well-known international bank for more than three years, managing personal investment portfolios and advising clients. Born and raised in Singapore, Karen holds a Bachelor of Arts in Mass Communications from the National University of Singapore.
The lucrative, high-end Asian buyers’ market – notably prominent in Singapore, alongside other major cities – continues to evolve and grow rapidly. Buying habits have shifted to well-designed, luxury apartments; wealthy, young people are looking for more than just a box, rather a thoughtful architecturally-designed, modern apartment and a high standard of facilities.
Crown Group’s commitment to creating a lifestyle within its properties caters seamlessly to these desires. With its signature “SPACE” model – standing for substance, prestige, architecture, commercial and experience – Crown Group is dedicated to providing each aspect of the finest living experience to the highest-level in every project, a concept that has driven interest in international investors.
Today, Crown Group boasts a $3 billion portfolio of projects under development and in the pipeline and is currently developing and selling four major projects, Top Ryde City Living, a seven-tower development in Top Ryde, Viking by Crown, a 10-storey residential complex in Waterloo, V by Crown, a 29-storey residential tower in Parramatta and Skye by Crown a 20-storey development in North Sydney launched in June 2013. Crown Group launched Viva by Crown, the final stage of Top Ryde City Living in August, and will launch a development in Sydney’s CBD in 2014.
Crown Group opened its first Asian office in Indonesia in 2013.
Dominique Kuhne, Communications Coordinator
(02) 9925 0088 or 0433 887 449
Kate Prideaux, Communications Manager
(02) 9925 0088 or 0401 863 436
About Crown Group
Crown International Holdings Group (Crown Group) is a leading Australian property group, active in property development and property investment in Sydney.
The company was co-founded by architect Mr Iwan Sunito and engineer Mr Paul Sathio in 1996.
Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction of Management from University of NSW. In 1993 Iwan became a Registered Architect in NSW and was awarded the UNSW Eric Daniels award for excellence in residential design.
Paul Sathio graduated with a Bachelor degree in Civil Engineering from University of Technology Sydney (UTS) and a Masters of Engineering Science from University of NSW. Paul has more than two decades’ experience in the construction and development industry.
Crown Group was recently awarded the Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for its resort-style development Top Ryde City Living.
Top Ryde City Living was also named best High-Density Development in NSW and ACT at the UDIA NSW awards for excellence 2013 and a Master Builders Association Excellence in Housing award 2013.
Crown Group’s other award-winning developments include a joint venture with Prosha Pty Ltd, The Eastlakes Town Centre, awarded UDIA NSW best Concept Design 2013, the innovative, waterfront development Sanctum by Crown, awarded a Master Builders Association Excellence in Housing award 2012 and the hugely-successful ICON at Homebush, awarded HIA (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.
Since the company was founded 17 years ago, Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes.
Today, Crown Group boasts a $3 billion portfolio of projects under development and in the pipeline and is currently developing four major projects, Top Ryde City Living, a seven-tower development in Top Ryde, Viking by Crown, a 10-storey residential complex in Waterloo, V by Crown, a 29-storey residential tower in Parramatta and Skye by Crown a 20-storey development in North Sydney launched in June 2013.
Crown Group launched Viva by Crown, the final stage of Top Ryde City Living in August and will launch a development in Sydney’s CBD in 2014.
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