UEM Sunrise approved to develop two towers on Subiaco Oval
UEM Sunrise has been given the green light by DevelopmentWA to proceed with what will be the company's first residential developments outside of Melbourne.
UEM filed for two mixed-use buildings in Subiaco East in Perth, on a large 4,930 sqm site at 201-203 Subiaco Road, earlier this year.
DevelopmentWA, the State Government's central development agency, recently approved the towers, suggesting the proposal "achieves the objectives of the Subi East Masterplan, which identifies the site for a high quality, high-density residential outcome."
The two towers, just beyond the boundary line of the iconic Subiaco Oval and alongside Haydn Bunton Drive, will be the first within the overall Subiaco East Masterplan by DevelopmentWA.
The development will comprise around 340 apartments and is expected to accommodate more than 1,000 future residents, with up to 12 per cent of the apartments providing affordable housing in the Western suburbs.
The scheme will see two well-designed residential buildings on Lot 1 with a tiered height of 25 and 35 levels plus a ground floor, creating a strong visual aesthetic for the landmark development. This will be complemented by a 10-level building plus a ground floor on Lot 2.
The design for the mixed-use residential precinct will promote communal interaction through well-curated spaces, 400 sqm of retail space on the ground floor of Lot 1, which permeates into gardens and landscaping that augment the public facilities at The Oval site.
At the time of the development application submission, UEM Sunrise Chief Executive Officer Sufian Abdullah said the submission represented an exciting step forward for the company and its first development for the Perth residential market.
“We have had a significant presence in Australia for many years and we’re delighted to be delivering this landmark project in our first venture into Western Australia," Abdullah said.
"We will bring our considerable local and global expertise in mixed-use developments to the Perth residential market to create a vibrant and connected new community in Subiaco East.”
He said the development will create a high-quality residential precinct at an important time in the WA housing market – delivering new housing supply at scale.
"Our unique offering will appeal to home-owners – individuals and families – at different stages in their life, with greater flexibility and opportunity for intergenerational living, work-life integration and connection to a diverse community.”
Construction of the development is expected to commence in 2026.
