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Letter from the editor I FIND it really interesting how one year of a pandemic has shifted so much for us, including how our homes of the future (and in fact new ones being built right now) may look. One thing’s for sure, according to developers, new builds will now incorporate lessons from the pandemic. They will have areas to work from home and they will also be more petfriendly. These are some of the ways the nationwide lockdown and transformed lifestyles are dictating which property developments come to the fore with developers fast responding to changed demands. It is heartening also after a dire hard lockdown in which the construction and development industry – mass employers responsible for supporting millions of people and households – came to a jarring halt, to now see cranes out and developments going up. In Sea Point itself, I counted five new developments on a recent drive and I am sure there are more. Low interest rates have certainly whet the appetite for home ownership. With the rise in developments on the go, it is evident that residential developments won’t ever cease as they are fed by a constant number of new entrants into the market. I believe developers who offer a good product at a competitive price will continue to do well. All the best to those buying or considering buying new builds, we hope this magazine answers some of your questions, and tempts you with some of what is on offer nationally. Warm regards
Vivian Warby vivian.warby@inl.co.za
Property developers are taking notice of the demand for modern styling and open-plan living. PICTURE: KHIEM TRAN
Developers adjust designs for new world The lockdown has changed people’s relationship with their homes and they want more green space and places to work BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HE NEW home-living trends that have been established over the past year have become so strongly ingrained that developers are ensuring new properties cater to these demands. Space for additional family members and adult children, home offices and mixed-use facilities are developers’ priorities when adapting their new property offerings. And so too are pet-friendly homes. Since last year’s national lockdown, companies have been adopting a far more flexible policy with regard to when and where employees need to work and, as a result, says David Sedgwick, managing director of Horizon Capital Residential, people are exploring areas that offer more space, outdoor areas and a different pace of life to that in the city. There has also been a “big demand” for micro and small apartments in central Cape Town, the city bowl and the Atlantic seaboard. In terms of apartments, mixed-use developments which offer an array of services and facilities are in demand. “These range from a laundry service, parcel collection, work breakaway rooms and rooftop pools to entertainment facilities and gyms. “In the smaller apartments being launched, we are seeing facilities essential to one’s overall ability to live in a confined space.” Outside of the city, Sedgwick says security estates are “still very much in demand”. “I think medium-to-large-scale housing estates will continue to be in demand over the next decade, with more and more offering everything from schools to shops.” Safety is still buyers’ main
consideration, says Brad Morgan, new development manager at Rawson Developers. This means estates and apartment blocks with “great security” are very popular. “Peace of mind is key. Good lifestyle facilities are also important.” He adds: “A dedicated outdoor area is part of the design because, as South Africans, a braai outdoors comes naturally to us.” Paul Upton, head of developments for Dogon Group Properties, believes there will be demand for apartments and townhouses in “fairly central locations” that offer ease of commute plus access to amenities. “Designers have already begun a swing towards a work-from-home orientation, incorporating homeoffice facilities.” He forecasts a “strong demand” for homes with modern styling, openplan living and smaller and more manageable garden spaces. “Security is front of mind for most purchasers these days. And most folks are opting for all bedrooms to be en suite.” Pet-friendly developments are also becoming increasingly important. “We recognise the important role that pets have in people’s lives. This was particularly true during lockdown when many people only had their pets to keep them company. As long as there are rules so that one’s pets don’t cause a nuisance to other residents, I don’t see why they should not be allowed in developments.” Jorge Santoro, luxury development specialist in the Chas Everitt Sandton and Hyde Park branch, agrees: “The pandemic has boosted the number of buyers and tenants with pets, and being pet-friendly is a big selling
point, so new developments now often offer features like pet wash rooms and grooming parlours, as well as pet walking areas.” From the luxury perspective, he says, most buyers and tenants are looking for more space. The result is the trend towards compact apartments close to commercial hubs has reversed. “Consequently, we expect to see fewer micro-apartment developments in the cities and a move towards bigger units that provide enough space for working and studying from home.” There is still “very strong” demand for homes in secure complexes and estates, with an emphasis on larger townhouses and cluster homes that have space to accommodate permanent home offices or a classroom for home studies, as well as manageable gardens. “There is a definite move away from city centres to the suburbs and even to country areas.” Andre van der Merwe, principal of the Chas Everitt franchise on the East Rand, which is one of the busiest new development areas in the country, notes a large demand from first-time buyers who, thanks to record-low interest rates, are able to afford to purchase a property. Developers have catered to this market due to the demand primarily in the under R1 million price bracket. “Residential developments most in demand are under R1m sectional title units with three bedrooms and two bathrooms... It is anticipated that residential developments will spread to more remote urban areas due to remote working and in particular will need to accommodate a home office.” He says most new homeowners are
looking for modern, open-plan designs. Security remains a priority, coupled with facilities that include play parks for children and entertainment areas within the complex or estate. When it comes to resales, Charl and Adel Louw, who head up Chas Everitt’s Cape Town Northern Suburbs, City Bowl and Atlantic Seaboard franchises, say people are looking for upgraded or modern bathrooms and kitchens and additional space for older children. “Well-off parents are adding flats to their residences for separate, but nearby, accommodation for young adults. Young adults stay at home longer or move back from rented accommodation, especially if they were away at university or college and are now studying or working online.” Gus van der Spek, chief executive of Aview Properties, says the current mandate for homes is centred on comfort, care, ease of access and functionality. “Everyone is looking for a multi-functional space that can be used for entertaining, work and general living.” In the retirement home space, he says ease of access to amenities and facilities is key. Security and safety, convenience, as well as a home designed for leisure and comfort, are also priorities. “Lockdown changed things dramatically in many people’s lives. Suddenly they realised they were living in big houses with lots of bedrooms that are never used. These big homes became unmanageable and many people selling today are looking to simplify their lives and downscale into smaller, purpose-built structures that cater towards this next phase of their lives.”
DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material. Publisher Vasantha Angamuthu vasantha@africannewsagency.com Executive Editor Property Vivian Warby vivian.warby@inl.co.za Features Writer Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
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