PRESS BLOG BANNERS_Media Release-2-white
Mar
23
2015

CROWN GROUP MEETS DEMAND FOR LUXURY PENTHOUSE APARTMENTS

(Sydney, Australia) Monday, March 23, 2015 – A new batch of penthouses have raised the bar for luxury apartments in Sydney.

A sign of strength within Sydney’s prestige property bastions, Australian developer Crown Group has revealed the details of its luxury penthouse apartments in Sydney’s CBD, North Sydney and Parramatta.

Crown Group last year sold all four level-27 penthouse apartments in its $250-million Sydney by Crown, which include access to an open-air landscaped rooftop area; within 45 minutes of the official launch.

Boasting bright, naturally-lit living spaces and lavish interior finishes, the luxury penthouses will lead the way with technology inclusions geared for entertainment such as multimedia touch-controlled home automation systems.

A 150sqm master penthouse, the only apartment on the building’s top level,  is set be retained as a serviced-apartment suite and will be bounded by a tranquil water feature.

Crown Group Director of Project and Commercial Sales, Roy Marcellus said the Sydney by Crown penthouses allowed buyers to own a prestigious home in the city’s next architectural centerpiece.

Designed by Koichi Takada Architects, the building will feature heritage-inspired lower levels transitioning to a glass-and-steel tower, capped with more than a dozen steel arches.

Sydney by Crown is expected to complete construction in 2017.

“The success of Sydney by Crown’s penthouses is proof the luxury market is alive and well,” Mr Marcellus said.

“The penthouses at Sydney by Crown represented a chance for buyers to secure a top-tier, luxury retreat with unrivalled views of Sydney’s CBD and surrounds,” Mr Marcellus said.

“The phenomenal sales results reflect customers’ awareness of the premium quality and exclusivity we’re introducing through our penthouse collections,” he added.

At North Sydney’s Skye by Crown, five luxury penthouses positioned on level 20, will offer premium high-rise living combined with the sought-after benefits of a spacious backyard; with sprawling private rooftop gardens, lush greenery, outdoor seating, barbeque areas and expansive landscaped terraces.

Penthouse gardens will include mature plants ensure gardens are verdant across the seasons, such as dragon, frangipani and olive trees.

There would be nothing else in North Sydney like Skye by Crown, Mr Marcellus said.

The 20-storey building, with 242 apartments, will include a top-floor gym, an infinity edge rooftop pool and views over the leafy Lower North Shore.

“Skye by Crown has been very popular among our affluent purchasers searching for state-of-the-art living.

“The rapid sale of all five penthouses reflects the demand for  luxury apartments with a private, luxury oasis on the upper-floors of the building.

These penthouses are enhanced by the high-level of design throughout the building, its generous residential amenities and its outstanding location in North Sydney,” Mr Marcellus said.

 

Crown Group has included a total of six penthouse apartments in the Allen Jack + Cottier-designed V by Crown in Parramatta.

 

Slated for sales release in late 2015, the penthouse apartments will be positioned on the two upper levels of the 29-storey tower and feature either uninterrupted views of Parramatta’s skyline and parkland or Sydney CBD.

 

Crown Group Director of Project and Commercial Sales, Anthony Falas, said there is already strong interest in V by Crown’s penthouse apartment collection.

 

“The penthouses at V by Crown will be arguably Parramatta’s most outstanding apartments showcasing all the benefits of luxury living in Sydney’s second CBD,” he said.

 

Coined Parramatta’s ‘Vertical Village’  by local media, the 590-apartment building features a pool, gym, sauna, conference facilities, music room, theatrette, a library and a ground level retail and restaurant precinct.

 

“These apartments will raise the bar for luxury living in Western Sydney,” said Mr Falas.

 

All of Crown Group’s penthouse apartments across its locations include car spaces and storage.

 

The final penthouse apartment at Skye by Crown sold last week.

 

Six penthouse apartments at V by Crown in Parramatta will be released to market in 2015.

 

 

For more information visit www.crowngroup.com.au or ph 1800 888 800.

 

 

Media Interviews

Crown Group Project and Commercial Sales Director Anthony Falas is available for a limited number of interviews on request.

 

Editor’s Note

Images and video are available upon request including artist impressions, photographs of display apartments and computer-animated ‘fly-through’ footage of selected Crown Group developments.

 

 

 

Media enquiries

 

Kate Prideaux, General Manager of Communications & Public Relations

(02) 9925 0088 or 0401 863 436

kateprideaux@crowngroup.com.au

 

 

Dominique Kuhne, Communications Executive

(02) 9925 0088 or 0432 230 425

dominiquekuhne@crowngroup.com.au

 

 

 

About Crown Group

 

Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development, property investment and serviced apartments.

Founded in 1994, Crown Group has offices in Australia, Indonesia and Singapore and is currently developing in Australia and Indonesia.

The company was co-founded by architect Mr Iwan Sunito and engineer Mr Paul Sathio in 1994.

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.

In recent years Iwan received a number of awards including Indonesia’s Property & Bank Magazine Golden Leadership Award 2013, the 2013 Congress of Indonesian Diaspora Entrepreneur award and named a winner in the 2013 Ernst & Young Entrepreneur of the Year Awards.

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.

 

Past and recent projects

Since the company was founded 21 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 and most recently Viking by Crown, a 10-storey residential complex in Waterloo.

Today, Crown Group boasts a large portfolio of projects under development and in the pipeline and is currently developing four major projects; V by Crown, a 29-storey residential tower in Parramatta, Skye by Crown a 20-storey development in North Sydney, Crown Ashfield, in Sydney’s thriving inner-west and Sydney by Crown in the heart of Sydney’s CBD.

After selling out Top Ryde City Living in October last year, Crown Group launched Sydney by Crown in November, resulting in more than $170 million in apartments sold within four hours.

 

Awards

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 seven-tower, resort-style development Top Ryde City Living.

Top Ryde City Living was also named best High-Density Development in Australia at the UDIA awards for excellence 2014 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.

Future launches

 

Crown Group will launch a number of projects this year including Crown Ashfield and the award-winning architectural landmark development Crown Green Square.

 

 

www.crowngroup.com.au

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