Infinity by Crown Group at Green Square in high demand
"We've been inundated with buyers," Crown Group chief executive Iwan Sunito said.
The total value of the off the plan apartments sold had reached $350 million at 3pm Saturday in the Infinity by Crown Group's Green Square project.
"After years of planning and hard work it's immensely satisfying to see hundreds of buyers leaving here happy.
"We released 326 apartments and 105 apartments sold in the first hour.
"It's great to see so many people proud and excited to own their own piece of Infinity by Crown Group."
Some 60% of the buyers were investors and the rest owner-occupiers, the Australian Financial Review noted, with exchange e-contracts on an iPad for one-bedroom units to penthouses priced from $650,000 to $3.5 million.
Some 70 of them were local buyers of mostly Asian descent. Construction of Infinity by Crown Group will be completed in 2019.
Infinity By Crown is the latest multi residential complex offering from Crown Group, designed by Japanese pioneer and Sydney based architect, Koichi Takada.
Ambitious in design, the landmark tower is located at the gateway of the Green Square town centre.
Infinity by Crown Group challenges conventional residential apartment design with a unique looped shape at 301-303 Botany Road Zetland.
Crown Group CEO Iwan Sunito says the building’s curved form ensured a world-class development with architectural significance.
“The project draws on Crown Group’s 18 years’ experience developing residential property in Sydney and will showcase the world’s best in innovative residential design," he said.
Awarded the UDIA NSW Concept design award, the unique looped shape with a void in its north-facing façade will allow natural light to penetrate a central landscaped plaza and apartment balconies.
The amenities on offer will include a fully-equipped gym, music room complete with baby-grand piano, media theatre and a sky lounge with Sydney CBD views.
The collection of 401 luxury apartments were price from $650 000.
Crown Group Project and Commercial Sales Director Roy Marcellus said the building’s resort-style pool and elegant interiors has attracted particular interest from potential buyers.
Infinity by Crown Group will also be home to 75 luxury serviced apartments.