Elizabeth Quay luxury apartment residents sue over alleged $10.3m building defects

Residents of one of Perth’s most luxurious apartment towers are suing the development company behind the project for more than $10.3 million over alleged building defects.

According to a writ filed in the Supreme Court of WA on Monday, the strata company representing 275 residential apartments at The Towers Elizabeth Quay are suing developer Perth FEC Pty Ltd, part of Far East Consortium, alleging misleading or deceptive conduct over funds it claimed should have been made available to rectify defects.

The Towers, at 11 Barrack Square in Perth, form part of the landmark Elizabeth Quay waterfront development alongside the Ritz-Carlton Perth, boasting an infinity-edge pool and views overlooking the Swan River.

According to the writ, Probuild was engaged by Perth FEC as the main contractor for construction works, carried out between 2016 and 2019.

According to media reports from 2019, a new three-bedroom apartment at The Towers was selling for about $2.5 million.

But now the strata company is seeking damages, alleging issues with waterproofing, fire services, flooring and tiling, concreting and structural elements, plumbing, lifts and electrical systems.

According to the writ, Perth FEC sought $10.3 million from Probuild to rectify the defects, as well as $5 million for long-term maintenance.

The strata company alleges Perth FEC subsequently received $10.3 million from Probuild as a secured creditor in connection with the construction of the property.

Residents, through the strata company, claim the developer has refused to make those funds available to them, while the strata company has spent at least $1.2 million carrying out rectification works.

The strata company also claims it lost the opportunity to pursue Probuild for rectification of the alleged defects before the construction company entered administration.

In December 2025, the Australian Financial Review reported Far East Consortium sold 50 per cent interest in the neighbouring Ritz-Carlton Perth for about $100 million to The Generation Essentials Group, a global media and entertainment conglomerate that owns hotels in Asia.

A Perth FEC spokesperson said the company would not be providing comment at this stage.