Press release
Perth's Largest Luxury Development Takes Shape AsGolden Sedayu Breaks Ground on Burswood Point
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, 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 set to become an iconic landmark for Perth, bringing unparalleled luxury living options and creating a vibrant new community. Our vision is to transform this underutilized area into a world-class precinct that embodies both modernity and accessibility."
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.
Golden Sedayu
Level 15, 32 St. Georges Terrace
Perth, Western Australia 6000
Press Contact: Pangesti Rahmannisa (pangestiboedhiman.nanpr@zohomail.com)
Golden Sedayu is a partnership between trusted WA property developer Golden Group and leading Indonesian project developer Agung Sedayu. It has been established in Western Australia to develop the multi-billion dollar Burswood Point Project. Agung Sedayu has a strong history of creating major developments such as Jakarta's District 8 and Pantai Indah Kapuk (PIK), both of which are developments that created whole communities and included residences, shops, hotels, restaurants, schools and churches. Golden Group has a long history of developing vibrant community estates in Western Australia and Victoria.
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