MRCB’S $200M MARIS PROJECT HITS 50% SALES AHEAD OF OFFICIAL LAUNCH

Malaysian conglomerate MRCB International has secured more than 50 per cent sales in its $200 million Maris development in Southport ahead of its formal market release, highlighting a surge in demand for high-quality, well-priced apartments in key Gold Coast urban precincts.

The project, approved by the Gold Coast City Council, will comprise 192 one- and two-bedroom apartments across 20 levels, with the option to amalgamate into expansive three-bedroom residences.

To date, only the lower levels of the building have been sold, with upper-level apartments to be released later this quarter. MRCB International CEO Ravi Krishnan said the response had far exceeded expectations.

“Maris has resonated with buyers who recognise the long-term value in Southport’s transformation,” said Mr Krishnan.

“The demand we've received to date validates our approach of creating considered, lifestyle-driven residences in locations with deep infrastructure, connectivity and lifestyle appeal.”

Demolition of the former Sundale Motel site is now complete, with construction expected to commence in the second half of 2025, with completion forecast for 2027. 

Designed by Plus Architecture, Maris pairs contemporary coastal architecture with elevated amenity, offering residents access to a rooftop yoga and dining terrace, a podium-level pool, gym, sauna, and expansive lounge spaces with panoramic views of the Broadwater and Gold Coast skyline.

The project occupies a prominent position opposite the Broadwater Parklands light rail station, and is within walking distance of Australia Fair, retail and dining, and the proposed Olympic arena at Carey Park, slated to drive significant investment in the lead up to the 2032 Games.

Recent research from Urbis confirmed Maris was the single largest contributor to Gold Coast apartment sales during the March quarter, accounting for 80 of 209 new apartment sales city-wide.

Ravi Krishnan said the data reinforced MRCB International’s strategy to deliver accessible, lifestyle-led residences in strategically located precincts.

“Buyers are recognising the value in Southport and the opportunity to secure design-forward apartments in walkable, connected neighbourhoods,” said Mr Krishnan.

“We’re focused on creating quality projects that align with how people want to live now, and into the future”.

Maris builds on the momentum of MRCB International’s flagship 26 Vista project in Surfers Paradise, one of the fastest-selling developments on the Gold Coast in 2023 and 2024.