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The curious case of the Jewel and the Gold Coast's near-empty $1.5b towers

Summary by Ground News
The $1.5 billion Jewel development in Surfers Paradise has three towers, with international hotel group The Langham independently managing the middle tower as holiday accommodation. The north and south towers contain 232 and 108 residential apartments respectively. But three years since the apartments were built, more than two-thirds have not been put to market.

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ABC AustraliaABC Australia
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A Jewel tower in Surfers Paradise remains empty despite ongoing housing crisis

The Jewel's eye-catching towers are the sparkling gem in the Surfers Paradise skyline, but three years after they were built, hundreds of luxury apartments remain empty and most are not up for sale.

·Australia
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ABC Australia broke the news in Australia on Tuesday, September 26, 2023.
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