ID :
198199
Sat, 07/30/2011 - 12:42
Auther :
Shortlink :
https://oananews.org//node/198199
The shortlink copeid
MALAYSIAN COMPANY DEVELOPING TWO PROJECTS NEAR MELBOURNE
MELBOURNE, July 30 (Bernama) -- Malaysian construction company, Malaysian
Resources Corporation Bhd (MRCB), has chosen the suburb of Burwood here as the
site for its first Australian developments, Burwood Rise and Burwood View.
MRCB is one of Malaysia's largest developer, responsible for many
award-winning projects including the iconic Kuala Lumpur Sentral, a
multi-billion dollar city-within-a-city.
Managing agent for the MRCB developments here, Paul Pfeiffer, from Hocking
Stuart Real Estate, said the company recognised Burwood's potential as a
residential hot-spot.
"It has the right mix of residential amenity, infrastructure investment and
transport connections that really cement it as an attractive location now and
into the future.
"Burwood is rising up the property ladder. Figures predict continued growth,
it is a blue-ribbon eastern suburb close to schools and the Deakin University,
which is attractive to renters and buyers as well as overseas investors," he was
quoted as saying in the Leader newspaper.
Burwood View, a stylish apartment building, and Burwood Rise, a
custom-designed student accommodation, are about 20 minutes from Melbourne's
central business district.
Pfeiffer said the apartments, designed by prestigious Melbourne architecture
firm, Hayball, would deliver quality, style, amenity and breath-taking views
across Melbourne.
"The area has great appeal for owner-occupiers and investors. An apartment
shortage is ensuring there is strong rental demand as well as substantial
rental revenue while the area is also achieving significant capital
growth," he added.
Burwood had been targeted for investment by local and state governments
and was benefiting from the development of local facilities and infrastructure
including Burwood Heights Plaza, improved roads and transport.
The display suite opened this month, on the corner of Middleborough Rd and
Burwood Highway. Details: www.burwoodrise.com.au
-- BERNAMA
Resources Corporation Bhd (MRCB), has chosen the suburb of Burwood here as the
site for its first Australian developments, Burwood Rise and Burwood View.
MRCB is one of Malaysia's largest developer, responsible for many
award-winning projects including the iconic Kuala Lumpur Sentral, a
multi-billion dollar city-within-a-city.
Managing agent for the MRCB developments here, Paul Pfeiffer, from Hocking
Stuart Real Estate, said the company recognised Burwood's potential as a
residential hot-spot.
"It has the right mix of residential amenity, infrastructure investment and
transport connections that really cement it as an attractive location now and
into the future.
"Burwood is rising up the property ladder. Figures predict continued growth,
it is a blue-ribbon eastern suburb close to schools and the Deakin University,
which is attractive to renters and buyers as well as overseas investors," he was
quoted as saying in the Leader newspaper.
Burwood View, a stylish apartment building, and Burwood Rise, a
custom-designed student accommodation, are about 20 minutes from Melbourne's
central business district.
Pfeiffer said the apartments, designed by prestigious Melbourne architecture
firm, Hayball, would deliver quality, style, amenity and breath-taking views
across Melbourne.
"The area has great appeal for owner-occupiers and investors. An apartment
shortage is ensuring there is strong rental demand as well as substantial
rental revenue while the area is also achieving significant capital
growth," he added.
Burwood had been targeted for investment by local and state governments
and was benefiting from the development of local facilities and infrastructure
including Burwood Heights Plaza, improved roads and transport.
The display suite opened this month, on the corner of Middleborough Rd and
Burwood Highway. Details: www.burwoodrise.com.au
-- BERNAMA
