Tech allows ultra-green homes to be built in just two months | Kanebridge News
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Tech allows ultra-green homes to be built in just two months

The breakthrough comes as research shows homebuyers are willing to pay more for sustainable features

By Shannon Molloy
Mon, Aug 21, 2023 9:44amGrey Clock 2 min

An Australian construction giant is poised to build ultra-energy efficient homes in a matter of months after signing a joint venture with a green tech prefabricated wall manufacturer.

AVJennings recently launched a new collection of designer dwellings dubbed Stellar, which feature an innovative walling system from tech company Pro9.

Using the galvanised steel-frame and foam insulated product, the time it takes to construct a home can be cut to a fifth of what it is currently, meaning a dwelling could go up in just two months.

And the finished product can achieve at least an eight-star energy efficiency rating – well above the current minimum of six stars and ahead of the boosted seven-star requirement that comes into effect from 2024.

The pro9-wall-system

AVJennings has signed a joint venture with Pro9 to establish a manufacturing hub in Australia, capable of producing more than 1000 homes a year.

“The fact that Pro9 can be implemented directly into our existing product range to elevate the offering is ground-breaking,” AVJennings chief executive officer Phil Kearns said.

“Since introducing the technology into three homes in our Evergreen community in New South Wales 2021, we can see how much it contributes to a home’s energy efficiency and comfort.”

AVJennings is the first developer to bring the Pro9 technology to market in Australia, Mr Kearns said.

“We recognise the importance of achieving higher quality, better insulated and more durable homes and for us to all reduce our carbon footprint.”

Mr Kearns said the partnership is “just the start” of what the company plans to roll out in the future.

Homebuyers are increasingly demanding green and sustainable features and most are willing to pay a premium for it, according to the most recent Property Seeker Report from realestate.com.au.

The largest survey of its kind, the research probes respondents on hundreds of questions relating to the home-buying journey and has found the vast majority are eager to go green.

The 2022 report found 81 per cent of homebuyers see sustainable features in a property being critical in their decision-making and 87 per cent are willing to pay extra for green features, from solar panels to efficient insultation.

The average premium those buyers are willing to pay is 15%, the report found.

Recent analysis by KPMG found the Green Building Council of Australia’s Green Star Homes not only benefit the environment, but owners are better off financially almost immediately, with savings outpacing initial upfront costs.

The AVJennings Stellar collection

While the modelling shows a Green Star Home will increase typical loan repayments by up to $84 per month, the savings in energy costs are up to $140 per month.

“The results are particularly exciting as they show that the economics now align with the significant amenity uplift of a greener, more efficient and healthier home,” said Mark Spicer, KPMG’s partner of ESG advisory and assurance.



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Tonino Lamborghini Unveils New Luxury Residences in Ras Al Khaimah

Tonino Lamborghini recently revealed a new luxury project comprising 241 units in Ras Al Khaimah, developed in partnership with Arista Developments.

Tue, May 21, 2024 2 min

Named the Tonino Lamborghini Residences, this project promises a fresh take on luxury living with its iconic design, cutting-edge amenities, and stunning sea views.

Set on Al Marjan Island, the development is adding 241 high-end units to the area’s real estate offerings, all reflecting the sleek, Italian elegance associated with the Lamborghini name.

These residences are designed to impress, featuring modern architecture that harmonizes with the scenic surroundings and interiors marked by meticulous craftsmanship and top-quality finishes.

Living in this one of the project’s units means access to a range of upscale amenities: a state-of-the-art fitness center, multiple swimming pools, beautifully landscaped gardens, and dedicated areas for children’s play. The complex also offers a business center with a conference room, an outdoor BBQ area, and a chic café, catering to all aspects of high-end living.

Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, expressed excitement about the introduction of Tonino Lamborghini Residences to Al Marjan Island, noting the project’s blend of sustainable construction and smart home technologies. This integration, he mentioned, guarantees a luxurious lifestyle equipped with the finest modern amenities, reflecting the exquisite Italian craftsmanship. He is confident that this new venture with Arista Developments will significantly boost the allure of Al Marjan Island as a top lifestyle destination in Ras Al Khaimah for both investors and residents.

Tonino Lamborghini, President of the Tonino Lamborghini brand, said: “We are delighted to be among the pioneers in this remarkable new destination in one of the seven emirates of the UAE. Our heartfelt gratitude and recognition go to H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, for his visionary leadership and foresight, and for embracing innovative strategies to revitalize a region full of potential.”

Mr. Arthur Chu, Chairman of Arista Developments, highlighted the project’s ambition to capture the essence of the Tonino Lamborghini brand in every aspect of its design. He described the development of a prestigious residential tower on Al Marjan Island that will reflect the lifestyle and beauty synonymous with Lamborghini. From the sharp, well-defined lines of the exterior to the elegantly designed interior common areas, every detail is crafted to showcase the brand’s distinctive elegance and sophistication. Chu emphasized that the interior designs, personally crafted by Tonino Lamborghini, aim to fully immerse residents in the Italian brand’s luxurious identity.

The variety in housing options is vast, ranging from one and two-bedroom apartments to duplexes, sea view villas, signature villas, and exclusive penthouses.

The collaboration between Tonino Lamborghini and Arista Developments blends iconic Italian style with expert real estate craftsmanship. This venture marks Lamborghini’s first introduction to Ras Al Khaimah and represents a commitment to setting new standards in luxury and modern living.

 

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