SMH – Mark Maryska Interview on Capitol
A luxury-building boom has ignited renewed interest in a suburb that seems to have everything going for it.
Bondi Junction might once have been considered Bondi Beach's poor cousin but it's now full steam ahead for an apartments boom after home buyers snapped up 90 of the 93 new apartments in a new building on the first weekend of its release.
Project marketers say the shock off-the-plan near-sellout last weekend of the 20-storey tower Capitol is an encouraging sign for two more major blocks - one 21-storey tower from Leighton and the other 19-storey tower from Lindsay Bennelong, which are before Waverley Council.
SMH – Mark Maryska Interview on Montrose
“Location, location, location – and where better than within a stone’s throw of plenty of public transport links, shops, cafes and restaurants? Increasingly, home buyers are seeking new developments close to infrastructure, and a number of projects on the market offer just that.
Montrose, a new $80 million 104-apartment block being sold off the plan from next week, is billed as the new gateway to North Sydney, and is just five minutes’ walk from North Sydney train station and buses.
The Australian – Interview with Mark Maryska
It's a strategy that has served global engineering and construction firm Laing O'Rourke well when it comes to residential developments.
Look for a unique feature and a location with a scarcity factor.
"It's not a written-down strategy but we look for . . . locations that are in scarce supply or (where) you know that sales are going to be in demand and have a premium attached," said Mark Maryska, general manager of NSW developments at Laing O'Rourke.