Finbar Group Launches Riverbank Residences, Achieves Record Sales Month

MT Newswires Live

Sep 03, 2025

Finbar Group (ASX:FRI) launched its AU$115 million Riverbank Residences project in Rivervale, Western Australia, selling more than 70% of its 143 apartments and generating around AU$85 million in sales, according to a Wednesday filing with the Australian bourse.

Construction is scheduled to start in October, with the project expected to be completed by 2027, the filing said.

The launch helped the company achieve a record sales month in August, with 150 lots sold for around AU$125 million, marking its strongest monthly performance in over 30 years, the filing added.

The company's shares were up almost 1% in recent Wednesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2564337821"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2564337821\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2564337821?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-03 08:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2564337821","market":"sg","top_or_hot":-1,"title":"Finbar Group Launches Riverbank Residences, Achieves Record Sales Month","media":"MT Newswires Live","content":"<html><body><p> Finbar Group (ASX:FRI) launched its AU$115 million Riverbank Residences project in Rivervale, <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, selling more than 70% of its 143 apartments and generating around AU$85 million in sales, according to a Wednesday filing with the Australian bourse.</p><p>Construction is scheduled to start in October, with the project expected to be completed by 2027, the filing said.</p><p>The launch helped the company achieve a record sales month in August, with 150 lots sold for around AU$125 million, marking its strongest monthly performance in over 30 years, the filing added.</p><p>The company's shares were up almost 1% in recent Wednesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finbar Group Launches Riverbank Residences, Achieves Record Sales Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinbar Group Launches Riverbank Residences, Achieves Record Sales Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-03 08:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Finbar Group (ASX:FRI) launched its AU$115 million Riverbank Residences project in Rivervale, <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, selling more than 70% of its 143 apartments and generating around AU$85 million in sales, according to a Wednesday filing with the Australian bourse.</p><p>Construction is scheduled to start in October, with the project expected to be completed by 2027, the filing said.</p><p>The launch helped the company achieve a record sales month in August, with 150 lots sold for around AU$125 million, marking its strongest monthly performance in over 30 years, the filing added.</p><p>The company's shares were up almost 1% in recent Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FRI.AU","symbol_name":"FINBAR GROUP LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564337821","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564337821","pubTimestamp":1756860999,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Finbar Group (ASX:FRI) launched its AU$115 million Riverbank Residences project in Rivervale, Western Australia, selling more than 70% of its 143 apartments and generating around AU$85 million in sale","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FRI.AU":"FINBAR GROUP LTD"},"translate_title":"Finbar集团推出Riverbank Residences，实现创纪录的销售月","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FRI.AU":0.9},"content_text":"Finbar Group (ASX:FRI) launched its AU$115 million Riverbank Residences project in Rivervale, Western Australia, selling more than 70% of its 143 apartments and generating around AU$85 million in sales, according to a Wednesday filing with the Australian bourse.Construction is scheduled to start in October, with the project expected to be completed by 2027, the filing said.The launch helped the company achieve a record sales month in August, with 150 lots sold for around AU$125 million, marking its strongest monthly performance in over 30 years, the filing added.The company's shares were up almost 1% in recent Wednesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}