Crown International: The Reputed Property Developer in Australia
Crown International Holdings is one of the leading property developers in Sydney, Australia. The Company has been able to withstand the competitive business environment in the property developing market and attract billions of dollars as investment capital. The company, started in 1966 with an initial capital of 5 million dollars, is now worth more than 3 billion dollars with many new development projects in the pipeline. The company has been steered on this road to success by two individuals, namely Iwan Sunito: an architect and Paul Sathio: an engineer, who were also the founders of Crown International group.
Crown International specializes in site acquisition, design, development, construction and management of residential properties. The phenomenal growth of the company has helped it to continuously expand its services. Crown International is currently offering a comprehensive property investment package with features such as designing, planning and construction. The company is also actively engaged in selling and leasing of residential property since 2004. The risk that the company took in the development of high-rise residential property has paid off well right now.
Crown Group uses innovative and cutting edge technology in designing and developing properties. This innovation has helped the company to receive many accolades from various quarters in the field of property development. The company has many luxurious residential properties, called Crown Apartments, which are being developed with an appearance similar to that of five-star resorts. The high quality lifestyle of these apartments have made them top favorites with the customers of the company. All the amenities are provided within these apartments, and they are located near educational, entertainment and other service facilities including transport systems.
Crown Investment has heavily invested in the property market in Sydney with development projects worth 2.8 billion dollars in the pipeline. The company is dominating the property market in Sydney with no other company coming even closer to it. Plans are underway to construct a 25-storeyed serviced apartment complex in Clarence Street, Sydney, which is the new market sector that company is venturing into. They aim to edge out the competition and be the undisputed leader in property development in Sydney.
Crown group also plans to expand into other property markets in Australia as well as enter the international market. It has already set its eye on the Melbourne market in Australia. A one billion dollar project for property development in Melbourne was signed recently by Mr. Sunito. Brisbane is the other city which the company is planning to start a property development project. The company has reiterated that Sydney will be their main focus even they are planning to expand to other cities in Australia.
The Crown group is planning to enter the Asian market as it plans to go international. The company opened the first international office recently in Indonesia. They also plan to enter the Malaysian, Chinese and Singaporean property markets very soon. An office in Singapore was recently opened for the sale of its Sydney apartments.
The company is currently constructing 1000 apartments in Sydney and has plans for another 1000 apartments by the end of this year. This new project will see the company reaching a total of 4000 units in its development pipeline. This will further strengthen the position of the company in the property development market in Sydney.