The first residential development site at the iconic Subiaco Oval has been acquired for just over $22 million by a prominent Malaysian property developer, with construction expected to boost much-needed housing supply.
The 4930 square metre mixed-use residential precinct, purchased by UEM Sunrise from DevelopmentWA, will feature 430 apartments and be surrounded by seven hectares of public open space.
The development will supply over 400 apartments.
The development will form part of the Subi…
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