The Crown fits Iwan Sunito

Iwan Sunito is a man on a mission. He is keen to build affordable luxury housing for all Australians and with the current development pipeline worth over $1 billion, Iwan’s Crown Group is one of Sydney’s most progressive property developers, with a number of luxurious yet well priced residential developments.

“In the next 12 months, Crown will develop a total of 775 apartments in Sydney, one of the largest undertakings by a residential developer for 2010,” Iwan told Indian Link

For a company which was launched in 1996, Crown has taken full advantage of the growing housing requirements for Australians. Even with the global financial crisis between 2007 and 2009, Iwan’s group has only increased in strength. While the sub prime crisis was drying up cash flow from the lenders for other developers, Iwan had his financiers ready with their coffers. “This is because of the quality which we offered and our long standing reputation as good and well respected developers”, Iwan revealed confidently.

Iwan is said to be one of Australia’s most experienced property professionals, having worked across all aspects of design, construction and management. He has worked with many leading property and propertyrelated organisations and is also Chairman of Joshua International Architects, a company he started in 1994.

Iwan Sunito has overseen the development of some of Australia’s most progressive developments, including luxury residential housing and boutique and major apartments, residential and commercial mixed-use developments throughout Sydney.

His journey to the top of the property game in Sydney started out in Surabaya, Central Java, where he was born. He then grew up in Pangkalan Bun Kalimantan before migrating to Australia in 1985 to attend High School in Sydney.

His qualifications since that time include a Bachelor of Architecture (Hons) from the University of New South Wales in 1992 and a Master of Construction Management also from the University of New South Wales in 1993.

This has held him in good stead, as this ensured that he had not only his observations and outlook which he gained in his country of birth, Indonesia, he also became familiar with the Australian system.

“My passion as an architect has been to build residential projects that offer artistic and highly appealing aesthetic value. I built my first $500,000 residential project in the Rose Bay area, ensuring that I met the demand of the Australian property market which had a shortage of high quality, premium apartment stock in this price bracket and saw a real opportunity to fulfil this shortage,” he said.

“We have maintained and indeed exceeded our position in the market as we dare to be different. Crown consistently builds high quality, cleverly designed and efficiently constructed projects. We also spend a great deal of time assessing what the market needs with great attention and we strive to meet these needs,” Iwan told Indian Link

“Secondly, we need to know where our product positioning and uniqueness lies. For example, Sydney has a lot of pensioners who want to move from a big house to a smaller sized house or apartment. To fulfil their needs, Crown builds bigger sized apartments. To illustrate, a two bedroom apartment within a Crown development is 95sqm, while the standard market size 80sqm. Our three bedroom apartments are 135sqm, while the market size is 95sqm.”

The Crown Group is continuing its reign over Sydney property’s middle kingdom, with a number of luxurious yet well priced residential developments set to launch this year including one at 45 Macquarie Street in Parramatta and another in Rhodes.

Strategic acquisitions are also on Crown’s agenda, with the developer having purchased its site at Rhodes from Brookfield Multiplex for close to $17 million.

The DA approved site will comprise a 149 apartment waterfront complex spanning two buildings which will be known as Sanctum by Crown, a name devised to capture the tranquil surrounds of this magnificent project.

For Iwan, these are just some of the jewels in the Crown.