A home builder in Perth has gone under, one more company failure in a growing list that’s a cause for concern for the building and construction industry.
Joondalup-based builder Intellibuild Constructions has had its registration renewal knocked back the Western Australian Building Services Board on financial grounds.
While the company, trading as Boston Keys Pty Ltd, had applied for a renewal, the board said they weren’t “satisfied that the company met the financial requirements set out in the Building Services Act 2011.” The company’s collapse means customers with defective or incomplete builds will be able to collect on home indemnity insurance.
“We can deliver innovative buildings for residential, industrial and commercial type projects than can offer creative design, cost savings, fast construction time, energy efficient advantages over other forms of construction not offered by many other builders,” it reads.Intellibuild joins a growing list of builders in Perth and around the country who have gone under in 2023.
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