Opportunity summary
A major confirmed residential build with extensive likely cabinetry, suited only to large commercial joinery capacity.
- Stage
- Construction commenced · Upcoming package
- Cabinetry scope
- Large-volume premium apartment cabinetry, resident amenities and bespoke upper-level residences.
What is confirmed
- Central Equity is developing Palmera.
- Multiplex is the appointed builder.
- Construction had commenced by 17 February 2026.
- The stated development value is $1 billion.
- The project is positioned in the Northcliffe precinct.
JOINA assessment
- Fit-out installation is likely later than current structural activity.
- Large cabinetry packages may be divided by tower, stage or residence type.
These are reasoned inferences, not statements from the issuing organisation.
Confirm before contacting
- How many dwellings and stages are planned?
- Has Multiplex completed joinery tendering?
- Will packages require national-scale bonding and capacity?
- Are penthouse packages separated?
Evidence
Builder and developerCentral Equity appointed Multiplex to deliver Palmera.
Multiplex · checked 13 Sept 2026
Value and statusMultiplex describes a $1 billion development with construction commenced.
Multiplex · checked 13 Sept 2026
LocationThe project is located in the Northcliffe residential precinct on the Gold Coast.
Multiplex · checked 13 Sept 2026
Package scaleThe development value implies major, potentially staged residential joinery packages.
Multiplex · checked 13 Sept 2026