Southport CBD apartment project captures outdoors with design

first_imgFivechester Terrace, Southport, by developer Rawcorp.“The building takes advantage of its corner site and the 360 degree of views across the Nerang River to the skyline views of Surfers Paradise, Southport, the Pacific Ocean and beyond,” he said.“The floor plans were refined with service areas discretely tucked away and living areas grouped to provide wide, open-plan living spaces with continuous balconies in what we term a sky terrace format.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North11 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“The ground floor, set within wide gardens, contains apartments with generous outdoor terraces as well as community space containing a gym, lounge and garden area.” GCB Property Fivechester Terrace, Southport, by developer Rawcorp.WRAP-AROUND terraces and large balconies bring the focus outdoors at a new Southport CBD apartment project.Fivechester Terrace is a six-level building comprising 26 two and three-bedroom apartments.The project by Gold Coast construction company Rawcorp was designed by Inarc Design QLD to suit the local lifestyle and the location’s sweeping views.Inarc director Daniel Dziadyk said the design focus was “to plan them big”. Fivechester Terrace, Southport, by developer Rawcorp.The two-bedroom apartments on levels two to four have wide balconies to create outdoor living areas with water or hinterland views.Main bedrooms have projected bay window bays to capture water views.There are three penthouses on the upper levels, including two with three bedrooms plus a study and wraparound terraces. Most also feature a separate, exclusive use storage unit.Apartments in Fivechester Terrace range from 100sq m to 220sq m with prices starting at $481,000.Construction is already well under way, with completion expected in April. A number of apartments are already sold.Marketing agent Kyia Maidens said the spacious designs and prime location were drawing buyers.“The location is a key selling point as it is central, but tucked away in a quiet area without the noise and congestion of main road traffic,” she said.“The apartments have been designed to appeal to the owner-occupier, with plenty of space, privacy and storage. “The design is modern and sophisticated, with a warm and homely feel which is enhanced by the neutral colour palette which will allow residents to add their own personality to their new home.”last_img read more

Dutch pensions sector ‘must speak with single voice’

first_imgA new pensions system in the Netherlands focusing on individual pensions accrual could end in failure as a result of disagreement within the pensions sector, Coen Teulings, former director of the Bureau for Ecomomic Policy Analysis (CPB), has warned. Speaking at an event for economists organised by supervisor De Nederlandsche Bank (DNB), Teulings cited the UK and the US as examples of countries where individual systems had failed.He said discord was “one of the seven scourges” preventing the Dutch pensions sector from approaching politicians in The Hague with a single voice.“Given the complexity of pensions, this is bad,” he said, reiterating his previous call for the sector to take the initiative in the reform of the system. Peter Borgdorff, director of the €161bn healthcare scheme PFZW, echoed Teulings’s view that pension funds did not excel in operating jointly.But he argued that the sector had learned from the experience leading up to the new financial assessment framework (nFTK).He added that a Dutch Pensions Federation working group, chaired by an external expert, was “trying to find common ground – albeit a position with options”.Teulings, meanwhile, said the Dutch pensions system was under threat from a “too low tax burden” for the self-employed, the separation of pension funds and their providers, low returns, and the ongoing dispute between younger and older generations about average pension contribution and accrual.He suggested that the salary ceiling for tax-friendly pensions accrual – currently set at €100,000 – could be lowered again, following pressure in particular from “left-leaning political parties”.He said the regulator was an “additional plague” and that it discouraged pension funds from taking investment risk “when taking these risks is necessary due to the continuing low interest environment”.last_img read more