PROFESSIONS DEVELOPMENT IN P.E.
Raising the residential bar in PE Buyers in the market for either a first or a new home, are becoming more and more discerning about the quality of construction and lifestyle offering when compared with only price. AMDEC
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he top residential estates in South Africa have traditionally offered added value in terms of design and space, communal gardens and parks, location and maintenance, as well as security and sporting facilities. Added value comes from the addition of on-site schools and amenities such as shops and office space. In general this quality offering has only really been seen in high-end estates, for example Zimbali in Durban, Fancourt in George, Val de Vie in Franschhoek and Steyn City in Johannesburg. Lately, a comparable degree of quality is now expected in more affordable estates as well. There are a number of developments coming on board with new offerings that make the mark.
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Among the new estates that look towards this level of quality is the 230-hectare Victoria Country Club development in Pietermaritzburg. It will feature a nature reserve, golf club, sports club house and restaurant, along with walking and cycling trails, priced from R1.5 million. Just outside Cape Town, near fast-growing Somerset West, Sitari Country Estate is also expected to fall into the high-appreciation category. With a central park running through the complex connecting a range of 3 150 apartments (R1.395 million) and houses (R3 million) to a country clubhouse, the development hosts a Curro school, which is up and running, and a shopping complex.
volume 10 | issue 1 www.tobuild.co.za
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