Quantify are set for their first projects in the Australian Capital Territory, thanks to a new deal signed with Canberra-based 3 Property Group (3PG).
Together with Harvey Norman Commercial Division, Quantify have signed a Heads of Agreement with 3PG, which will see all future 3PG projects exclusively feature Quantify’s smart home solution, available to purchasers under the name of ‘3Q Home Automation’.
The three-year HoA means Quantify’s products will be a standard inclusion in an initial 53 townhouses across three current 3PG projects, known as Balcombe Terraces, Sage and Soho, with the first installations planned for April 2020.
HNCD smart home automation manager Kris Leffler said 3PG have a proven track record when it comes to offering the best brands, best products and innovation into their developments, with the property development business building 200 to 300 town homes per year.
3 Property Group Director Gary Kelly said the 3PG team were excited about Quantify’s offering.
“At 3 Property Group, we have a firm understanding of what’s involved in creating and delivering a great development. When Harvey Norman Commercial spoke to us about Quantify’s smart home solution, we were confident it was going to reinforce the 3 Property Group philosophy, which is to always be one step ahead in innovation,” Gary said.
“The projects will be the first fully voice-enabled projects in the ACT featuring our very own 3Q Home Automation.”
Quantify’s national sales manager Rick Cubito said the Agreement represented a prime opportunity for Quantify to step foot into the growing ACT property market, which comes thanks to an expanding ACT population that is set to reach 460K people by 2023, growing by 8K pa*. The ACT residential land release program is targeting the release of 15.6K homes over four years, to cater for new housing demand**.
“Harvey Norman Commercial have been working hard to secure projects in growing Canberra market. We are delighted to have our first project in the ACT, alongside 3 Property Group, who are leading the way in building innovation,” Rick said.
“Our devices will help them differentiate their properties, improving both pricing and turnover.”
The initial order is in excess of $170K and will be the second major order distributed via HNCD, since it announced its initial stocking order of $500K in May 2019.
This was originally published as an ASX Announcement on 13 December 2019, which can be found HERE.
The Market Herald article can be found HERE.