Iwan Sunito is an Indonesian who grew up on the Island of Borneo. Sunito, the co-founder and Chief Executive Officer of the Crown Group was born in Surbhaya Central Java. Today he is a renowned businessman in Australia, but says he was very lazy in childhood. His move to shift to Sydney in 1985, was influenced by the fact that failure, while he pursued his university education after high school, would not be acceptable. His leaving Indonesia over 20 years ago, led him to lose fluency in the Indonesian language, but did allow him to move to Sydney which afforded him many opportunities for success.
Early Career and Education
A Bachelors degree in Architecture (Hons) was attained in 1992, after undergraduate studies. He then registered himself in New South Wales as an architect, after he had completed a further course that allowed him to get a Master’s degree in Construction management.
Iwan is a laid back person, but has the passion and ambition that has kept him looking for his dreams with a fair degree of success. The large Australian firm of Cox Richardson Architects, was his first employer, and he worked there as an architect. His dreams of having his own business led him to quit this job after a six month period of employment.
Starting the Crown Group
He had some financial support from his family, while he used his own professional experience and the help of two close friends to complete a project for residential homes in the area of Bondi Junction. Four years later, in 1996, Paul Sathio, a friend and business associate of Iwan Sunito founded the Crown Group.
Success of the Crown Group
Iwan does attribute his success in running the Crown Group to his hard work, but he also acknowledges that conducting a business in Indonesia is not very easy or transparent, a problem that is not faced in Australia. The success has also stemmed from the fact that he was able to recognize trends in the market, while conducting business with complete integrity. This has made the Crown Group an Australian property development company of repute, which has been very successful in Sydney. Residential development projects completed by the company include those in Bondi, Ashfield, Homebush, Pennant Hills, Five Dock and Eastwood. Visit http://video.cnbc.com/gallery/?video=3000233880 to know more about Crown Group’s success.
The unique selling point of Iwan Sunito Crown Group is to provide its clients luxurious living at process that are very affordable prices. It is expected that their new development launched in 2013, called Skye by Crown, will be for North Sydney, an icon that people will identify with. This building that has been designed by Koichi Takada is a residential building is twenty storey’s tall, and will have a metal veil exterior that is bronze colored. There will be 232 apartments, each of which will have balconies, glass facades and winter gardens. The project has not yet been advertised, but has already attracted a lot of attention and interest.
Iwan exhibits a humble demeanor at all times, and always remembers his own humble start in life, which in turn has led him to mentor Indonesian students who come to Australia for studies, by conducting business workshops for them. He has also extended his philanthropic ideas to Indonesia, and provides for poorer children through his charities, so that they can have opportunities for success.
Iwan is married and the father of three children.