Apartment market facing feasibility challenges
Content details
Title
Apartment market facing feasibility challenges
Industry Body
Subject
A new report has laid bare the challenges facing the apartment development market across the country. The H1 2024 State of the Market report, focusing on residential build-to-sell (BTS) and build-to-rent (BTR) apartments across Australian capital cities, found that high construction costs exacerbated by material and labour shortages are leading to an undersupply of apartment projects.
Publishing date
04 September 24