FOR IMMEDIATE RELEASE
(Sydney, Australia) Tuesday, July 1, 2014 – In a new study, Australia’s stunning harbour destination of Sydney has been ranked the world’s most livable city. Sydney was a surprise top performer in PricewaterhouseCoopers’ (PwC)annual Cities of Opportunity study*, released last month, which compares 30 global cities on social and economic factors.
To rank Sydney first for liveability,PwC measured cities from all over the world across six variables – cultural vibrancy, quality of living, working age population, traffic congestion, ease of commute, and relocation attractiveness. Sydney, Australia’s largest city, also ranked first for its natural environment and sustainability, and second for health, safety and security.
“Sydney is the most exciting city in the world to live in for countless reasons,” said Iwan Sunito, CEO of Sydney-based property developer Crown Group. “Although still a relatively young city by global standards, Sydney is capturing the attention of the world, taking its place among cities like New York, Tokyo and London.”
Sydney’s relatively mild winters, efficient waste management systems, and vast public parklands also pushed it to the top (along with Stockholm) of the report’s sustainability and natural environment category.In the U.S., Chicago and New York were ranked 10th and 11th, respectively, for sustainability and natural environment, while San Francisco, Chicago and Los Angeles all fell in the top 10 for liveability.
“International investors and global funds are increasingly recognising the potential of Sydney, Mr. Sunito explained. “It is not surprising Sydney property values are experiencing strong growth with this expansion projected to continue.”
The PwC report highlighted the incredible quality of life Sydney affords its inhabitants, stating ‘(Sydney’s) good quality of life has a powerful pull, perhaps made even more seductive by beautiful beaches and a sophisticated culture.’
Indicative of the Sydney lifestyle, Crown Group’s Top Ryde City Living property features extensive gardens and two large viewing platforms offering panoramic views to the Sydney Central Business District and North Sydney. The development has been awarded the UDIA Best High Density Residential Development 2014, International Property Awards’ Best Residential Development Australia 2014, UDIA NSW President’s award 2013, and a 2013 Master Builders Australia NSW Excellence in Housing Award.
“Crown Group capitalises on Sydney’s best assets, our developments are situated close to shops, transportation, parks and universities, and full take advantage of Sydney’s lifestyle,” Mr. Sunito said.
The company’s North Sydney project, Skye by Crown, features an infinity-edge rooftop pool, top floor gym and indoor/outdoor common area.
Sydney’s highly desirable lifestyle and growing population have added to a dwelling shortage of 50,000 noted by the NSW government – with an additional 18,000 dwellings per year to keep up thereafter – creating a high demand for new apartments. Founded in Sydney in 1996, 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.
The prolific property developer is currently developing four major projects, Top Ryde City Living, a seven-tower development in Top Ryde, Viking by Crown, a 10-story residential complex in Waterloo, V by Crown, a 29-story residential tower in Parramatta, and Skye by Crown a 20-story development in North Sydney, with plans to launch Crown Green Square in the coming months.
Prices start from AUD $490,000.
*PriceWaterhouseCoopers’ (PwC) Cities of Opportunity study 2014 (released May 2014) http://www.pwc.com/us/en/cities-of-opportunity/2014/assets/cities-of-opportunity-2014.pdf.
Images and Video of Crown Group properties are available upon request – including artist impressions, photographs of the display apartments and computer-animated ‘fly through’ footage of the completed.
Kate Prideaux, Communications Manager
Crown Group (Australia)
(+61 2) 9925 0088 or 0401 863 436
Dominique Kuhne, Communications Coordinator
Crown Group (Australia)
(+61 2) 9925 0088 or 0433 887 449
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 innovative, waterfront development Sanctum by Crown was awarded a Master Builders Association Excellence in Housing award 2012 and its hugely-successful ICON at Homebush was awarded HIA’s (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.
Since the company was founded 18 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 $3.5 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 last year and in the coming months will launch Crown Green Square in Sydney’s thriving new Green Square Precinct.
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