January 21, 2015
The trend to higher density housing developments in our cities is an unprecedented opportunity to achieve sales of timber, building materials and prefabricated components into this emerging growth market, without affecting your existing market sales.
The number of detached dwellings built have remained static for some years, but medium to high density multi-residential is on the rise and will eventually exceed detached dwelling numbers.
The supply opportunity is from increasing interest by commercial builders in using timber frame construction systems for multi-residential buildings of 3 to 5 storeys and higher, now a lower cost option compared to traditional steel and concrete.
In addition, changes to building codes and regulations will relax the restrictions currently in place to make the change to timber easier for designers and builders...