- Golden Sedayu Pty Ltd
Golden Sedayu Pty Ltd (Golden Sedayu) proposes to offer potential purchasers of townhouses at its Burswood Point development in metropolitan Perth one of two packages:
- Up to 50% of the 186 townhouses will be sold on the basis that Golden Sedayu supplies the lot on condition the buyer enters into a construction delivery and services agreement with a consultant, Burswood Point Pty Ltd (the Consultant), that is a separate but related entity to Golden Sedayu. The Consultant will then enter into a contract with a third party builder for the delivery of the relevant townhouse (Package 1), and
- The remaining townhouses will be sold as traditional house and land packages on the basis that Golden Sedayu supplies the lot on condition the buyer enters into a building contract with one, or a handful of, third party builders nominated by Golden Sedayu for the delivery of the relevant townhouse (Package 2).
A copy of the notification is available under the ‘Notifications’ heading below.
On 21 July 2021, the ACCC decided to take no further action and allow the notification to stand. Further information is contained in a letter sent to Golden Sedayu, which is available under the ‘ACCC correspondence’ heading below.