HomeGeneral NewsShock revision of 144-apartment tower as construction costs bite

Shock revision of 144-apartment tower as construction costs bite

January 7, 2026

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An artist impression released in 2024 of the outlook from one of the apartments proposed in Kokoda Property’s ‘Ruby Ruby’ development in Milton. Image supplied.

Skyrocketing construction costs have been blamed for terminated contracts at a 144-apartment tower, with revised prices as much…

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Shock revision of 144-apartment tower as construction costs bite

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Shock revision of 144-apartment tower as construction costs bite

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