Many of Sydney’s local Chinese homebuyers and investors may not realise they are likely, living in or have invested in an apartment, constructed by one of Australia’s largest privately-owned property developers – Toplace Group.
This is welcome news for homebuyers and property investors looking for security and dependability in Australia’s often volatile construction market; to rest easier knowing
their investment has been built by a developer who has stood the test of time.
Since 1992, Toplace has successfully sold over 30,000 apartments in the Sydney property market, with 90 per cent of these apartments sold to local Sydney Chinese investors and/or owner-occupiers.
Many buyers would have secured apartments through various channel sales agents, so may not have realised they were investing their money (and in some cases life savings) with a property developer, who holds with pride, one of the oldest building licenses in the country.
Toplace is on the ground today with 3,000 apartments currently under construction, another 15,000 in the pipeline and 4,000 just completed.
The Toplace Group’s, Founder and Managing Director, Jean Nassif recently spoke on a panel at an event in Sydney’s Chinatown, where he shared with the audience, insights on his long-standing relationship with China.
“Honesty, fairness and humility – these are traits I value – and why I began business relations with the Chinese. ‘I only work with honest and fair people’. I have visited China many times, seen its many beautiful places and met with many honourable and respectable businessmen and business women said Mr Nassif.
Reinforcing Mr Nassif’s core business principal of fairness is Toplace’s proud record for being one of the only developers in Australian history to come to the aid of buyers who find themselves in financial trouble at the time of a property settlement.
In instances where Toplace buyers have not been able to pay their final monies for purchase, Toplace has found an amicable solution. “We will not let our customers fail, or lose their home deposit, instead we find a way to help,” Mr Nassif said.
Being such a large operator, Toplace also has the advantage of being a ‘turn-key’ developer which means there are no ‘surprise price hikes’ from suppliers. This ensures building costs stay consistent.
“We always deliver, we have never failed on a development in 30 years. We have a long history with our banks, financiers, suppliers and contractors – we have an excellent reputation in the industry,” Mr Nassif added.
Toplace Group is one of Australia’s largest privately-owned building, construction and property development companies and has delivered many residential buildings,
commercial suites and shopping centres across Sydney, New South Wales.
Current Toplace projects under construction include:
Skyview, Castle Hill
Jolyn Place, Rosebery
The Grand, Kellyville
Pemberton on the Park, Botany
Astral Apartments, Granville
East Square, Mascot
For further information on Toplace, visit toplace.com.au
