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$25,000 ApartmentBuyer bonus launches

- 02/07/2020

OSK Property is celebrating a very special birthday this year as we mark 55 years in the property development business.

To celebrate we are unveiling a $25,000 ‘ApartmentBuyer’ bonus designed to lend the community a helping hand during this challenging time.

It comes with potential stamp duty savings for those who purchase their dream homes in Melbourne Square in the months of July and August 2020.

Commencing on 1 July 2020, Melbourne Square’s ApartmentBuyer bonus provides property buyers who missed out on the Federal Government’s $25,000 HomeBuilder stimulus package (benefitting those who are building a new home or renovating their existing home), with the same amount of savings if they purchase a beautiful two or three bedroom Melbourne Square apartment. You don’t have to be a first homebuyer or earn a certain amount to qualify – the ‘ApartmentBuyer’ incentive applies to any two or three bedroom Melbourne Square residential unit purchased from 1st July 2020 for a limited time.

In addition to ApartmentBuyer, first homebuyers at Melbourne Square are also eligible to receive a further $10,000 thanks to the government’s First Homebuyer grant – translating to a total savings of $35,000!

OSK Property Sales and Marketing Director Scott Jessop said the launch of the 55th birthday incentive creates a rare opportunity for prospective apartment buyers to get on the property ladder, and own a piece of prime inner-city Melbourne.

“By launching the ApartmentBuyer incentive at Melbourne Square, we are opening our doors again to allow private tours of our beautifully completed brand new apartments, all whilst making it more financially accessible for our customers to purchase their dream home. We invite homebuyers to join us in celebrating our proud legacy of 55 years of excellence!”

“We hope homebuyers take advantage of this incentive to realise their vision of owning their ideal inner-city home.”

55 years of development success

OSK Property has an illustrious story that began from OSK Holdings, which started from humble beginnings as a small stockbroking business in Kuala Lumpur, Malaysia, in 1963. Two years later, plantation and property development company PJ Development Holdings (PJD) was established.

Both businesses grew rapidly throughout the years thanks to their ability to remain prudent and nimble in the ever-evolving business landscape. It was in 1997 when OSK Holdings diversified into the property sector through its subsidiary OSK Property Holdings), which gave birth to “OSK Property” as it’s widely known today.

Subsequently in 2015, both PJD and OSK Property Holdings merged into OSK Holdings and formed the enlarged OSK Group, a conglomerate with diversified business interests in five key sectors, namely, Property, Construction, Financial Services, Industries and Hospitality.

Since its launch in the late ‘90s, OSK Property has led a series of key property developments spanning across Peninsular Malaysia including the Klang Valley, Penang, Kedah, Johor, Pahang and Negeri Sembilan – having delivered more than 40,000 homes for our valued customers in Malaysia.

Today, OSK Group employs more than 2,000 employees throughout Malaysia and Australia, while our OSK Property team has successfully delivered a broad range of properties from large-scale townships to niche high-rise buildings, as well as managing a portfolio of investment assets including retail and commercial office properties.

Our move into Australia

Our success in Asia and our unwavering commitment to quality, innovation and excellence saw OSK Property taking its most daring step yet in 2017 when it launched its first flagship Australian project in partnership with the Malaysian Employees Provident Fund – the Melbourne Square project. Melbourne Square is one of the largest mixed-use developments in Victoria, located alongside Southbank’s acclaimed Arts Precinct in Melbourne.

Since then, OSK Property has been working closely with a specialist team of renowned experts to deliver the Melbourne Square vision – Cox Architecture, Carr Design, Multiplex and Sinclair Brook.

At Melbourne Square, we’ve accomplished a lot to-date, and have positioned ourselves to be a long-term player in the Australian property market. Since welcoming our first residents in January 2020, we’ve also opened our stunning new 3,745 square metre public park - the largest of its kind in Southbank – and introduced innovative ways to protect the safety of our homebuyers by incorporating social distancing into our property purchase process through virtual tours and e-contracts. We are committed to help our buyers get through the challenges created by the COVID-19 pandemic.

Like OSK’s history, it has been a promising and rewarding journey in creating the multi-award-winning project, Melbourne Square, to what it is today. The project, even prior to completion, has already garnered two awards at the Asia Pacific Property Awards 2019-2020:

  • Residential High-rise Architecture (Melbourne Square, Australia); and
  • Mixed-use Development (Melbourne Square, Australia).

Our success story goes beyond the above accolades, with seven esteemed awards recently won at the StarProperty Awards 2019/2020, as well as consistently high QLASSIC scores above 80 points (QLASSIC stands for Quality Assessment System in Construction, a scoring system developed by the Construction Industry Development Board of Malaysia that sets the quality standard for builders and it’s used to evaluate their performance in terms of construction workmanship), achieved across the  Malaysian projects.

With exciting new developments underway at Melbourne Square, we’re looking forward to the opening of our new Woolworths supermarket, childcare centre and our food and beverage retail precinct – all due to start operating later in the year. We will also complete our outdoor terraces and resort-style facilities, plus level 54 residents’ amenities in the coming months.

With so much achieved to-date, we are looking forward to what the next 55 years has to offer!

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