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Within the MCGM region, under-construction redevelopment projects dominant the residential supply at 62% (104,859 units) over greenfield developments (38%) from CY17 to Q1 CY26. The Western Suburbs hold the highest redevelopment supply share of 44% (46,218 units) and record the highest absorption at 48% of total sold units. This pure-play redevelopment market features shorter project cycles and enhanced investor IRR compared to greenfield developments. [1]
Built from 1 source: 1 company-commissioned report. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →