News
Slump a bonus for elite home buyers
Lucy Ardern | January 19th, 2012
THE rich are paying 30 per cent less for their luxury homes on the Gold Coast, thanks to the building slump causing increased competition and buyers acting cautiously because of global market conditions.
Luxury home builder Mark Settree, the boss of Romark Design Constructions and Gold Coast chair of Queensland Master Builders, said owners were paying 20 per cent less for construction than at the height of the property boom, and prices were reduced further as size and fit-out were scaled back.
"The cost of materials has not gone down, so it is the labour costs that get reduced and the profit margin," he said.
"We are working twice as long to make half the profit."
Mr Settree said some builders were bidding for luxury home jobs at cost or below just to keep working, while others, like him, had branched out into renovation work.
Mr Settree said customers increasingly wanted to save money on materials and sometimes pushed for products that were not up to Australian standards.
Read more in today\'s Bulletin. Thursday 19th January 2012.
Gold Coast Building Company, Romark Design Constructions celebrates the third generation Builder within the family. Being Chairman of the Gold Coast Master Builders makes me proud to continue the trade excellence.
If your thinking about building a house, there are many building companies in Queensland. Queensland Builders are unique as we have our own governing body. The home building construction in queensland is overseen by the Master Builders Association. To build a house today you can be guaranteed of security within the industry.
January 2012 -
The Ray White Group, The Sovereign Islands, has produced the latest Summer Edition 2012 of the North Shore Living Magazine please view Romarks inclusion. Romark is currently building on the Sovereign Islands New Homes and Renovations. We design and Construct.
2012 - New Beginnings
Everyone at Romark Design Constructions wishes you a very safe and Happy New Year.
December 2011 -
THE maiden arrival of a China Southern Airlines charter flight today 7.12.2011 at Gold Coast Airport signals a renewed vigour in the push for the lucrative Asian market.
The Airport partnered with Gold Coast Tourism to welcome 300 travel and industry delegates, who were greeted with a celebration including Currumbin Sanctuary koalas, Aboriginal dancers and local surf lifesavers.
Delegates will spend four days scouring prospective locations and conference facilities throughout South East Queensland – the largest trade and corporate business ‘famil’ of its kind to touch down on the Gold Coast. Two days will be spent on the Gold Coast.
Visitors include senior airline management, including president Tan (China Southern) and senior executives from the airline’s top travel and ticketing agencies and representatives from their largest Chinese corporate clients.
China Southern Airlines is expanding its services quickly into Australia following success on the route as being the key to its transition to a truly network-oriented airline.
President Tan Wan’geng says China Southern expected to carry 80 million travellers in 2011, mostly on its extensive domestic routes.
“We will make greater efforts at the other end of these kangaroo routes to make our Guangzhou hub an important gateway hub into China and even into the Asia-Pacific region as well as an ideal transfer centre between Australia and Europe,” he says.
Tan says Australia is a focal point for the airline’s global operations due to the historic links Australia had with southern China and the synergistic trade and tourism interests between the two nations.
“China Southern’s Australia strategy is important for our integration into the international marketplace and the development of our worldwide brand,” he says.
He says China Southern’s Australian growth had been impressive, rising quickly from 10 services a week into three destinations in 2009 to 35 weekly flights into four destinations with the start of Beijing-Guangzhou-Perth flights last month.
“From January to November this year, China Southern Airlines carried some 498,000 passengers from mainland China to Australia and New Zealand, a year-on-year increase of 114.1 per cent and almost 30 per cent of the total traffic between the two markets,” he says.
“China Southern has become the largest air carrier from mainland China to the region. (It) has received generous coordination and support from the Australian government, tourism bureau, airports and all sectors of the society as we further introduce ourselves to the Australian business and leisure communities.”
Gold Coast Tourism (GCT) relocated an office from Singapore to Shanghai earlier in the year to capitalise on the growth of China.
GCT chief executive Martin Winter, says attracting the largest delegation in history from Southern China to the Gold Coast was the result of a lot of hard work over the last year.
“This is an absolute critical milestone that we have reached,” he says.
“It will reassure the tourism industry that when China Southern decides to fly here in 2015, we will be prepared. Gold Coast Tourism is absolutely committed to this and we have a lot to look forward to.”
Winter says the aim is to have 750,000 Chinese visitors fly into the Coast by 2020.
The Guangzhou-based airline has operated in Australia for more than 10 years and now flies twice daily between Sydney and Guangzhou, 11 times a week to Melbourne, four times a week to Brisbane and three times a week to Perth.
It operates the largest airline fleet in Asia and is the third largest airline in the world by passenger numbers.
Romark Design Constructions is a unique BUILDER OF AUSTRALIA , we offer our International Clientelle turn key service, including sourcing land to handing over the keys.
November 2011 - Gold Coast was awarded the 2018 Commonwealth Games. The first time ever the games have been awarded to a place other than a Capital City. Congratulations Gold Coast.
September 2011 - We are currently coming onto the finishes for a home on the Soveriegn Islands, if you would like to see the quality of finish you may like in your new home, please give Mark a call.
August 2011 - Romark was nominated for two Master Builders Industry Awards this month. Pictures can be seen on our Portfolio page.
July 2011 - Gold Coast University Hospital is hoping to lure world-class medical researchers, the Gold Coast Bulletin noted Saturday 23.7.2011. Situated right across the road from Griffith University, the hospital is envisaged to be completed by the end of 2012.
May 2011 - Sanctuary Cove International Boat Show this month, come and enjoy.
March 2011 - Renovating and Extentions seems to be the trend at the present moment. If you require an appointment to discuss upcoming renovation/extension work to your home, please dont hesitate to call. We have Architects and Interior designers on hand to answer any of your queries.
January 2011 - Romark wishes everyone a healthy and prosperous New Year.
September 10 - Gold Coast Master Builders AGM was held Monday 6th September.We Congratulate Mark Settree on being awarded the position of Chairman after holding the position of Vice Chairman for 3 years. Prior to the position of Vice Chairman Mark was a Committee Member for 2years.
Everyone here at Romark Design Constructions are very proud of Mark continuing his dedication to the Industry and we know that Mark will perform his duties with diligence.
August 10 - AUSTRALIAS FIRST FEMALE PRIMINISTER WILL GO TO THE POLES THIS MONTH ON THE 21st August 2010. Results.Julia Gillard is Australias New Priminister
July 10 - SOVEREIGN ISLANDS
Sovereign Islands is just 15minutes between Surfers Paradise and the Theme Parks of the Gold Coast. Sovereign Islands is 60km from the Brisbane International Airport or 40km from the Gold Coast International Airport.The exquisite Sovereign Island is host to over 500 luxury and exclusive houses.Unparalleled beauty and truly unique surroundings, calm and quiet waterfront canal houses with the incredible Gold Coast waterways sets Sovereign Islands apart from any other Gold Coast residential Suburbs.
May 10 - SANCTUARY COVE BOAT SHOW
The four day show finished Sunday May 23 with the final visitor tally was 39,019 up on the 2009 show.The show atttracted 185 media from around Australia, South Africa, the US, Thailand and Singapore.2011 Upcoming Sanctuary Cove International Boat Show dates are Thursday May 19 to Sunday May 22.
March 10 - ORIGIN !
The History of Romarks name.
The name Romark came about by the combination of the names of the two Directors Ramona and Mark Settree. Once people meet with us it is usual to hear them say, thats were the name came from.We would like our readers to know that the first Settree to land on our shores, albeit a Convict, was part of the Eleventh Fleet (or there abouts) from Mother England. You couldn t get a more Australian Builder than Mark Settree.
January 10 - NEW YEAR ACTION REPORT:
The Directors worked right through the Christmas break attending to International visiting Clientele. Sovereign Islands and Sanctuary Cove high on the agenda for land and concept plan development. It was great meeting our new Clients and also meeting up with our existing International Clients whom were holidaying and finalizing their new Luxury Home Design.
October 09 - ROMARK HAS BEEN AWARDED THE 2009 STATE HOUSING AWARD TITLE WINNER.
Our Regional Award Winning Home has now gone to the State Level and won its category, out right. Congratulations to all the team at Romark Design Constructions and all our trades and suppliers for an undoubtedly impeccable job. Well done.
August 09 - ROMARK IS A WINNER AGAIN in the latest Master Builders Housing and Construction Awards 2009.
Last night Romark was presented with the Regional Award for the outright category in Small Lot Housing for a home we constructed on a 405sqm block. Only projects of the highest caliber were successful. With small allotments becoming more and more prevalent we were able to achieve a whole lot of house without compromising quality or lifestyle. Amongst the rich and famous glamour strip of Hedges Ave. on the Gold Coast we were able to produce another Award Winning Home.
Dec 08 - Romark Sets New Benchmark in Building Dream Homes
Recently Romark Design Constructions was featured on the Channel Nine Gold Coast News and in the Gold Coast Bulletin. Here’s why, for all the people that didn’t catch this incredible story. Romark has just built and completed Australia s largest pool window installed in a residential home. Amazing and innovative are just two words best used to describe this exciting project.
Romark designed and constructed a very unique home for our foreign Client at Mermaid Beach this year and now everyone is talking about the new benchmarks we continue to set. We designed this dream home for our client. This dream home consists of three levels, all being of solid concrete construction, with roof top pool overlooking a magnificent stretch of our famous sun drenched Gold Coast Beaches. Complete with roof top pool, stools and a Bali Hut, Paradise has been found. When it comes to entertaining we thought of everything as we have installed a lift for easy carefree access to the top entertaining deck.
Imagination in design has not been passed up, as you take the lift to the third level of your newly constructed dream home you reach the top level the lift doors open, only to be greeted by Australia s largest residential pool window. This is what innovation is about, is it any wonder why this pool window has taken the Glazing Industry by storm?
The Glass Australia Magazine featured this beautiful home in their February 09 Magazine.
This year has also seen Mark elected to stand as Vice Chairman of the Queensland Master Builders Committee. This Committee is dedicated in pursuing the improvement of the Building Industry on the Gold Coast. Mark gives up his time freely to lift the bar on standards within the Industry, and has been a valuable part of this committee for many years..
Jan 07 - Queensland Homes 2007 Annual Feature
Make a note in your diary to look forward to viewing Romark’s latest masterpiece, in the “Queensland Homes” Gold Annual 2007 magazine due on the shelves January 1st, 2007
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Click here to view our Portfolio
