Malaysian property developer Gamuda Land has topped out two sustainable residential towers in Melbourne as it makes significant progress towards early 2026 delivery for both.

Gamuda acquired the 945sq m Fareham development site at St Kilda Road for $9.75 million in July of 2022, and paid $24 million for the 2600sq m site for The Canopy at Fishermans Bend in late 2021.

The towers would be worth a combined $130 million.