Can modular apartments save Australia’s housing pipeline?
Apartments.com.au chief executive Mike Bird says factory-built modular homes could help revive Australia's stalled apartment pipeline. National apartment approvals fell almost 25 per cent in August, to 3,268. Mr Bird says many approved projects have not moved because the numbers do not work. He says building modules in a factory alongside site works can save months and reduce costs. The Commonwealth Productivity Commission estimates such homes can cost up to 20 per cent less and take up to 50 per cent less time to build.