Golden Sedayu Breaks Ground on Burswood Point Perth Largest Luxury Development Takes Shape
Golden Sedayu has begun transforming Perth's Burswood Peninsula with the launch of its Burswood Point project. Spanning 38 hectares, the luxury development will feature 4,500 residences, hotels, retail, and public spaces. Aimed at revitalizing the area, it will reopen a 2.5 km section of Swan River foreshore.
- (1888PressRelease) October 01, 2024 - Perth, Western Australia – The transformation of the prestigious Burswood Peninsula has officially begun, with today’s sod-turning ceremony marking the start of construction at Burswood Point, Western Australia’s most ambitious and largest luxury residential and mixed-use development. Attended by prominent federal, state, and local government dignitaries, including Premier Roger Cook, the event heralded a new era for Perth’s urban landscape.
Strategically positioned between the Swan River and the iconic Belmont Racecourse, Burswood Point is a multi-billion-dollar development set to redefine Perth’s real estate market and luxury living standards. Spread across 38 hectares and just minutes from the CBD, this high-profile development will offer 4500 premium residences, high-end hotels, world-class retail and dining experiences, and expansive public spaces, making it a future lifestyle destination.
Golden Sedayu, the powerhouse partnership between Western Australia’s Golden Group and Indonesia’s leading developer Agung Sedayu, envisions a development that will rival some of the world’s top luxury precincts. This grand-scale project is poised to eclipse other notable Australian developments, including Brisbane’s Queen’s Wharf and Sydney’s Barangaroo.
Andrew Sugiaputra, Managing Director of Golden Sedayu, emphasized the magnitude of the project, saying: “Burswood Point is the biggest housing project Perth has ever seen and will see the creation of a brand-new community, transforming a long-forgotten section of the peninsula and creating an iconic new destination that will continue to serve Perth residents for generations to come,” he said.
“In addition to 4,500 new residences offered at a range of price points, retail spaces and entertainment offerings, Burswood Point will provide public access to a 2.5-kilometre section of the Swan River foreshore for the first time in 80 years."
The first phase of construction includes 67 luxurious freestanding homes and 203 upscale apartments within twin towers, offering discerning buyers an unmatched lifestyle in proximity to the city's entertainment and cultural hubs. Development approvals for an additional four towers have already been secured, ensuring a robust pipeline of residences to meet the growing demand for luxury housing in Perth.
As part of the broader community vision, Burswood Point will open a 2.5-kilometer stretch of the Swan River foreshore to the public for the first time in 80 years. The premium development will seamlessly blend residential, commercial, and leisure spaces, ensuring the creation of a unique urban environment for residents, tourists, and the local community alike.
The groundwork for this unprecedented development is well underway, with over $200 million already invested in site infrastructure, including road access, waterworks, and a newly constructed bridge linking Victoria Park Drive to Burswood Point. Piling for the first structures will begin in November 2024, with the first residents expected to move into their new homes by 2027.
Golden Sedayu has taken a forward-thinking approach, ensuring a diverse mix of housing options that cater to luxury buyers while also integrating affordable housing for key workers and NDIS-compliant residences in each residential tower.
A Visionary Collaboration
Golden Sedayu is the result of a powerful partnership between Golden Group, a respected name in Western Australia’s real estate landscape, and Agung Sedayu, Indonesia’s premier developer known for creating entire luxury districts like Jakarta’s District 8 and Pantai Indah Kapuk (PIK). The partnership brings decades of expertise in delivering iconic developments that prioritize community, luxury, and sustainability.
Golden Sedayu’s commitment to innovative urban design and sustainable development practices makes Burswood Point a standout in both local and international real estate markets.This milestone sod-turning marks the beginning of Burswood Point’s rise as a premier real estate, luxury, and lifestyle destination, set to reshape Perth’s skyline and redefine urban living in Western Australia.
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