- perth building company Hamlen Homes has collapsed
- The company was to develop a $50million urban village
- At least seven builds have been left unfinished by the firm
The construction industry downturn has claimed another victim after a Perth building company collapsed leaving behind a $50million ‘urban village’ and several unfinished homes in its wake.
Hamlen Homes, which also trades as Metro Homes WA Pty Ltd, folded on Monday, adding to the burgeoning list of collapsed construction companies nationwide.
WA insolvency Solutions was appointed administrator for the company, The West Australian reported.
Hamlen Homes was approved to develop a $50 million urban village in Perth’s East Victoria Park called East & Co before it folded.
Perth building company Hamlen Homes has gone under leaving behind several active builds and a $50million urban village (stock image)
The village included 52 individually designed homes with surrounding amenities and attractions.
It was to be located five kilometres from Perth’s CBD.
The company…