A penthouse at the soon-to-be-constructed Perle complex in Penrith has sold for a record $5.5 million.
Located in the East Side Quarter (ESQ) neighbourhood, Perle offers a total of 173 meticulously-designed homes, including penthouses, terrace houses, and spacious apartments.
These are all anchored by a 1000sqm lakefront dining precinct, and complemented with a Palm Springs-inspired rooftop infinity pool, a state-of-the-art Wellness Centre, private gardens, a hotel-like concierge service, and a private dining room for residents.
Ahead of the Perle launch, James Place held an off-market tower release of 20 spacious sky homes within the development called ‘The Residences’.
Designed to be personally customised for each purchaser, these properties also offer expansive wrap-around views, an entertaining bar, butlers’ kitchens and high-end V-ZUG appliances.
All but three have already been sold off-market with the largest penthouse purchased by a local businessman for a record $5.5 million.
Andrew James, Founder and Managing Director of James Place Group, acquired the project from Cabe in 2023.
“James Place is committed to creating vibrant, mixed-use communities that redefine modern living,” James said.
“Our aim with Perle is to transform urban spaces into places that foster community connection, innovation, and well-being. With its exceptional design, world-class amenities and a dedicated onsite team, Perle is set to become a landmark in Penrith, offering residents a unique lifestyle experience with everything on their doorstep. We hope to offer not just a place to live, but a vibrant neighbourhood that residents and the Penrith community can be proud of.”
Construction of Perle is set to begin in 2024, and completion aimed for the end of 2026 in time for the opening of western Sydney’s new airport.
Perle will create over 1,000 construction new jobs, further boosting the local economy and delivering in-demand housing.
“With this week’s announcement that Singapore Airlines will be taking off in 2026 from the Badgerys Creek just 15 minutes away, you will be able to go from swimming in your own infinity pool to Marina Bay’s overnight, as this new service connects ESQ to the world,” James concludes.
The public will have the opportunity to explore the Perle showroom from September 22. Located on Retreat Drive, Penrith, it will be open Monday to Tuesday and Thursday to Saturday, from 10am to 2pm.
Troy Dodds
Troy Dodds is the Weekender's Managing Editor and Breaking News Reporter. He has more than 20 years experience as a journalist, working with some of Australia's leading media organisations. In 2023, he was named Editor of the Year at the Mumbrella Publish Awards.