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Monday, December 24, 2007

Pentridge banks on location

A sample of the homes already developed on Pentridge Village.

West Homes Australia Pty Ltd is offering Malaysian buyers and investors an opportunity to purchase homes in its latest housing project - Pentridge Village Centrale in Melbourne, Australia.

The homes, which are part of the Australian builder’s long-term Pentridge Village project, were launched on Oct 31 and is being marketed in Malaysia through local marketing arm Asia Pacific Assets (KL) Sdn Bhd.

West Homes Australia director Leigh Chiavaroli was in Malaysia recently to promote Pentridge Village Centrale as part of its plan to focus more on the Asian market.

Chiavaroli told StarBiz that Centrale's strategic location was one of the reasons why the project would appeal to local buyers and investors.

“Pentridge Village is only 7km from Melbourne's central business district. You have trams, trains and busses practically at your doorstep.”

“It's also close to both Melbourne and La Trobe University, which is great for students,” Chiavaroli said.

Pentridge Village is only 7km from Melbourne's central business district.

Another added bonus is that West Homes Australia will be working on expanding the Pentridge Village area for at least another decade, said W. Brace & Associates Pty Ltd director Mario Butera.

“The company's presence will give comfort to buyers as the builders will be around when homes are completed,” said Butera.

W. Brace & Associates is the Australian-based estate agent for Pentridge Village.

Mario Butera (left) and Leigh Chiavaroli at AP Assets (KL) Sdn Bhd office recently.

“Another added incentive for potential buyers is that homes in Australia generally double in value over a span of seven to eight years,” Butera said.

West Homes Australia is currently building homes, shops, offices, restaurants and community heritage facilities on 30.35 hectares of freehold land in Pentridge Village Centrale.

The project comprises of apartment suites, multi-level terraces (with private lifts) and houses with land packages.

Prices range from A$364,000 to A$1.5mil.

A consortium leads the Pentridge Village project with West Homes Australia having a 70% stake in the project.

By The Star (by Eugene Mahalingam)

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