UEM Sunrise Launches ‘One Oval’ in Perth’s Subiaco East as Flagship Australian Project
Malaysian developer UEM Sunrise Bhd has officially named its flagship Australian development One Oval, marking a significant milestone in the transformation of Subiaco East, one of Perth’s most iconic heritage precincts.
The project is the first residential development to kick off under the Western Australia Government’s Subiaco East Masterplan, a state-led initiative to rejuvenate 35 hectares of land surrounding the former Subiaco Oval, once home to Western Australia’s most historic sporting events.
🏗️ A Visionary Parks-Edge Urban Precinct with Deep Roots
Set to deliver 342 premium residential units, One Oval will rise on Lot 1 and Lot 2 of the Subiaco East Masterplan and feature:
-
Two tiered residential towers of 36 and 26 storeys (Lot 1)
-
A 11-storey building (Lot 2)
-
400 sqm of retail space at street level
-
A mix of 1-, 2-, and 3-bedroom residences
-
Wellness and lifestyle amenities integrated into the masterplan
-
Landscaped open spaces adjoining the preserved Subiaco Oval grounds
The project’s design is intentionally forward-looking while paying homage to Subiaco’s rich sporting heritage, dating back to 1908, when the Subiaco Oval first opened as a major stadium for football, rugby, and cultural events. Though the stadium was demolished in 2019, the playing field was preserved and repurposed as a public park.
📍 A Landmark First for UEM Sunrise in Western Australia
This will be UEM Sunrise’s first development in Western Australia and comes on the heels of the company’s previous successes in Melbourne, including Aurora Melbourne Central and Conservatory.
According to Hafizuddin Sulaiman, UEM Sunrise’s officer-in-charge and CFO:
“The name One Oval reflects both the site’s legacy and its future as a new destination for Subiaco. This is more than a project—it’s a transformation grounded in heritage and designed for the future.”
🌿 What One Oval Offers: Parks, Place-Making, and Premium Living
One Oval isn’t just another high-rise apartment project. It has been carefully positioned to deliver community-driven urban regeneration, supported by:
-
Infrastructure for public events at the preserved Heritage Gates Park
-
Art activation initiatives and storage facilities for local football clubs
-
Green corridors and pedestrian-friendly spaces designed to promote community gathering, walking, and cycling
-
Proximity to schools, hospitals, retail, rail and cultural hubs
It is part of a broader vision by DevelopmentWA, Western Australia’s central land and development authority, to create a vibrant, inclusive, inner-city village with a balance of residential, commercial, and civic spaces.
🗓️ Project Timeline: Construction to Begin in 2025
| Milestone | Target |
|---|---|
| Early Registrations | Now Open |
| Construction Start | 2025 |
| Completion of Lot 2 | Q1 2029 |
| Completion of Lot 1 | End of 2029 |
| Units Available | 342 residential units |
| Ground Retail Space | 400 sqm |
🏡 Subiaco East: Perth’s Next Inner-City Destination
Subiaco is one of Perth’s most desirable postcodes, prized for its walkable character, historic charm, and proximity to the CBD, King’s Park, and the Swan River.
With the demolition of the Subiaco Oval grandstands and a new masterplan in motion, Subiaco East is now being positioned as:
-
A resilient mixed-use neighbourhood
-
A transit-oriented residential zone
-
A destination lifestyle address with open green space and cultural vibrancy
One Oval is expected to play a catalytic role in redefining the precinct, attracting local buyers, downsizers, and international investors, especially Malaysians and Singaporeans who favour Australia for real estate investment, education, and second-home opportunities.
🏢 UEM Sunrise’s Strategic International Expansion
The launch of One Oval continues UEM Sunrise’s international branding strategy, where it aims to:
-
Reinforce its premium lifestyle positioning
-
Build long-term recurring income via global assets
-
Align with heritage-sensitive urban transformation efforts
With One Oval, the group is signalling confidence in both Australia’s property market resilience and in the value of sustainable, high-density urban placemaking.
✅ Conclusion: One Oval is Where Heritage Meets Tomorrow’s Urban Living
UEM Sunrise’s One Oval is set to become a defining project in Perth’s real estate landscape — offering a lifestyle that fuses premium parkside living with civic pride and cultural continuity.
From the legacy of Subiaco Oval to the future-forward skyline of Subiaco East, One Oval promises more than just residences — it offers a lifestyle embedded in place, purpose, and possibility.
