Melbourne’s luxury real estate market has reached a new pinnacle with the completion of Holder East’s most ambitious development to date: OASIS Residences. The landmark $280 million South Melbourne project has recorded an exceptional 90% settlement rate, reaffirming its position as one of the city’s most sought-after residential offerings.
With OASIS Residences fully delivered, Holder East cements its reputation as a forward-thinking developer redefining Melbourne’s high-end living. Adding to its portfolio of premium projects, the company recently partnered with Hyatt Hotels Corporation to bring Hyatt House Melbourne, marking its debut in Australia.
An Architectural Marvel Designed for Urban Sophistication
Strategically positioned at 30-32 Palmerston Crescent, OASIS Residences stands as a 19-story architectural masterpiece envisioned by acclaimed Hayball Architects and executed by Roberts Co. Initially designed to house 158 residences, the development now comprises 137 apartments, following several amalgamations by local owner-occupiers, some of whom combined up to four flats to create sprawling luxury homes.
Boasting sale prices ranging from $13,500 per square meter to $26,000 per square meter, OASIS Residences has redefined the upper echelon of Melbourne’s real estate sector. The development features an exclusive suite of amenities, including a rooftop infinity pool, a fully equipped gym, a private dining and bar area, and a dedicated children’s playroom. The property’s crown jewel is its lush rooftop terrace, offering panoramic views of Albert Park Lake and Port Phillip Bay, ensuring an unparalleled living experience.
Unrivalled Location & Privacy in Melbourne’s Exclusive Urban Enclave
Unlike most high-rise developments, OASIS Residences enjoys a rare urban island positioning, standing as a standalone block with no immediate neighbours. This unique placement guarantees residents uninterrupted 360-degree views, enhancing privacy and exclusivity.
The sense of grandeur is unmistakable from the moment one steps into OASIS. The three-level atrium void and curved digital screens wrapped around the double-height entry columns create an immersive ambience, seamlessly integrating South Melbourne’s native flora into its architectural narrative.
Hyatt House Melbourne: A First-of-Its-Kind Hotel in Australia
Australia’s first-ever Hyatt House hotel is adding further prestige to the development, offering 97 rooms tailored for short and extended stays. Designed to complement the residential experience, Hyatt House Melbourne will feature an all-day lounge on the ground floor, serving as a vibrant communal space where residents and guests can savour freshly prepared breakfasts or unwind with a crafted cocktail.
An additional retail space within OASIS Residences is also earmarked for a high-end restaurant, further elevating the precinct’s luxury lifestyle.
Industry Leaders Applaud OASIS Residences’ Unprecedented Success
Holder East’s Chief Operations Officer, CJ Wu, emphasized the project’s commitment to excellence, stating:
“OASIS Residences sets a new benchmark for luxury living in South Melbourne. Achieving a 90% settlement rate is a testament to the meticulous craftsmanship and thoughtful design that aligns with today’s discerning buyers. We remained adaptable, ensuring that our buyers felt supported throughout their journey, particularly during challenging times.”
Similarly, Sarah Zola, Marketing Manager at Roberts Co, underscored the dedication of the construction team in delivering a standout project:
“Despite the construction industry’s challenges over the past few years, our team remained unwavering in our commitment to quality. We have integrated premium materials, innovative design elements, and sustainable building practices to ensure that OASIS Residences is a long-lasting legacy in Melbourne’s real estate landscape.”
A New Standard for Sustainability & Smart Living
OASIS Residences is not just about luxury—it represents a forward-thinking approach to urban living. With sustainable building practices, energy-efficient technologies, and cutting-edge smart home integration, each residence offers a seamless blend of sophistication and environmental responsibility.
From natural stone finishes to automated climate control systems, every element within OASIS Residences is meticulously crafted to cater to the modern urban dweller who values style and sustainability.
Melbourne’s Luxury Property Market Continues to Soar
The resounding success of OASIS Residences reflects Melbourne’s thriving high-end real estate market. As demand for premium properties rises, developments like OASIS set the gold standard for future projects in South Melbourne and beyond.
Speaking at a recent settlement event, John Mullahy MP acknowledged the critical role that projects like OASIS play in addressing Victoria’s housing demands:
“Housing is the foundation of strong communities and thriving individuals. The Victorian Government is committed to ensuring access to high-quality housing, and projects like OASIS contribute significantly to this vision by providing well-designed, future-ready living spaces.”
Limited Opportunities Remain—Act Now
With only a handful of residences remaining, those looking to secure a place in this landmark development can still do so. Prices start from $957,000 for a two-bedroom apartment with a car space.
To learn more about OASIS Residences or explore remaining opportunities, visit OASIS Residences Official Website.
Meanwhile, the much-anticipated Hyatt House Melbourne is set to open its doors in 2025, promising an elevated hospitality experience within this luxurious precinct.
Written by: My Thanh Pham
