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Timeless Beauty

“Believe in the idea of the future”
- Zaha Hadid

Dare to Dream

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- Zaha Hadid

Innovation and Integrity

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- Zaha Hadid

Environmental Sustainability

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- Zaha Hadid

Building a Legacy

“Believe in the idea of the future”
- Zaha Hadid

Melbourne and Sydney House Sales Recovering

News Release 10/07/2019
Both Melbourne and Sydney property market saw a preliminary auction clearance rate in the 70 per cent range, with Sydney leading at 78.2 per cent, according to CoreLogic. It is a great sign showing a slow creep of the return of market confidence. Though we are unlikely to see the property boom of 2012-2017 soon, the clampdown on lending volumes and standards meant credit would not be as easily available this time, particularly in aspiration suburbs outside of the centre of Sydney. Leading into spring, we could see the adjustment being corrected picking up both auction rates and property prices.

Melbourne CBD office rents to rise 40 percent in 5 years

News Release 08/07/2019
Melbourne is currently experiencing a record low of CBD office vacancy rate of 3.2 Per cent. The city is expecting this market boom to roll on until at least 2024 with prime rents to rise another 30-40 per cent over the next five years according to BIS Oxford Economics’ forecast. “Apart from a brief spike, we’re looking at six years with a sub-5 per cent vacancy rate,".... "That’s unprecedented for Melbourne. Under those conditions the prime CBD market should generate another 30 to 40 per cent growth in rents over the next five years, with values escalating by about 25 per cent," said BIS property economist Maria Lee. Multiple premium grade commercial projects are due for completion in the next two years, including 43,000sqm at 80 Collins street. Dexus acquired the project for $1.5 Billion. The stronger leasing market combined with a wave of institutional capital seeking exposure to Australian commercial real estate has driven down average prime Melbourne CBD yields to 4.9 percent compared with 6.3 percent prior to the GFC. This trend has also contributed to the drop of vacancy rate in city fringe commercial offices to 4.6 percent. Boosting 27 per cent rental in precincts like St Kilda Road.

TAARBOCK Ground Breaking Ceremony

News Release 08/02/2019
On Friday, 8th February 2019, Everland with consultants, real estate agents, property developers and community members had gathered together for a groundbreaking ceremony for a new residential site situated at a prime location on St Kilda Road. The evolving residential vicinity of St Kilda Road is 596 St Kilda Road. Renowned architects at Batessmart have created masterpiece that fuses organic elements from nature and youthful features from the streetscape. On this special event, lion dances were performed during the ceremony to bring good luck and the lion dancers were accompanied by drum musicians.  This high-rise consists of 170 residences spread across 19 levels, split between one and two-bedroom options. Designed with a mix of vertical louvres, protruding balconies, and hanging greenery draping over the exterior, 596 St Kilda Road is a stunning sanctuary teaming with functional features. Contributing to the retreat feel is the leafy vegetation found on the ground floor. This prime location is located opposite the famous Wesley High College with an exceptional view of the Albert Park Lake.Surrounded by deep leafy greens, the residential site is adjacent to the beautiful Royal Botanic Gardens and Fawkner Park.This complex is surrounded by a complete variety of cafes, restaurants and supermarkets. Prahan Market is one of the premier fresh food markets in Melbourne. It is only 5 tram stops away or less than 20 minutes’walk down on Commercial Road enjoying a ray of sunlight along one of the busiest roads in Victoria. TAARBOCK is expected to provide luxury residential apartments with an excellent location and will create an important milestone in the delivery of luxury homes in Melbourne. Michael (fifth from left), Tim (second from right) Tim Chang, co-founder of Everland Michael Xie, co-founder of Everland Mr. Zhong Rongchang, Chairperson of Huagu Constructions