SKS Group Expands BtR Pipeline in Perth Following Approvals

Summary:

  • Malaysian developer SKS Group is expanding its build-to-rent portfolio in Perth, securing approvals for a 21-storey project in West Perth and a 20-storey residential tower in Burswood, following its first build-to-rent joint venture at Cockburn with Unilodge subsidiary Essence Community.
  • The West Perth Harvest project, designed by Plus Studio, will feature 87 serviced apartments, 118 build-to-rent units, and ground-floor retail on a 2,571 sqm site, with construction set to begin after completion of the Cockburn development.
  • SKS obtained a two-year extension and approval for an amended scheme at 2 Hawthorne Place, Burswood, increasing apartment numbers to 170 and adjusting design elements to address market conditions, citing viability challenges including builder availability and rising interest rates.

Original article:

https://www.theurbandeveloper.com/articles/sks-group-perth-build-to-rent-approval-wa

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