Palm Royale sales soar to R170million
A flurry of sales in recent weeks has pushed total sales at Palm Royale, the third phase of the Oasis Luxury Retirement Resort at Century City, to over R170million. Owen Futeran of the developers, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium, says five apartments had been sold […]
Shortage of built housing stock for sale in Century City
Only 38 of the almost 3000 existing residential front doors at Century City are currently on the market for resale. This represents just over 1% against a norm of around 5%-10% elsewhere, says Brian Usher of Property World, the on-site specialist Century City agents. “This is not just the resale properties we have on our […]
Optimising a building’s orientation is a key to success
Finding the optimal orientation for new residential developments at Century City is a primary consideration of the developer. So says Nicola Aschmann, a project manager with Rabie Property Group. She says that in Century City, as almost everywhere else in Cape Town, it was hard to find a perfect orientation for a building as all […]
Palm Royale sales top R150million
Since April this year a further R50million in sales have been notched up at Palm Royale, the third phase of the Oasis Luxury Retirement Resort at Century City, bringing total sales to date to over R150million. With nine months to go until completion and transfer, 30 of the 58 sectional title apartments have now been […]
Oasis owners enjoy good capital growth
Units in the first two phases of the Oasis Luxury Retirement Resort at Century City have shown significant capital growth since the first sales were undertaken in 2005. In total, 24 of the 174 apartments in the Palm Springs and Palm Grove blocks have since been sold on by original purchasers at prices which have […]
Silvertree – a golden opportunity at Century City
Silvertree, a new block of 31 apartments, is being launched at Century, the burgeoning mixed use development in Cape Town, by leading developer, Rabie Property Group. The development forms the second phase of the R270m Ashton Park residential project and follows the success of phase one, Waterberry, where 32 of the 43 units have been […]
Luxury Crystal Towers apartments sold out
All 90 luxury apartments in the iconic Crystal Towers Residences have been sold bringing the total value of sales to more than R238million. The Crystal Towers Residences forms part of the mega R750million mixed used Crystal Towers development which also includes a 180 room five star hotel, the African Pride Crystal Towers Hotel and Spa, […]
Quayside at Century City sold out ahead of completion
The 63 apartment Quayside development at Century City, which is being developed by Rabie Property Group and financed by Nedbank Corporate Property Finance, has been sold out three months ahead of transfer. According to Brian Usher, Sales Manager of Property World, the on-site official agents, this is the first time a residential development has been […]
Luxury Oasis retirement apartments now under construction
Construction of Palm Royale, a new R255million sectional title apartment block in the Oasis Luxury Retirement Resort at Century City, is underway. The bulk earth works and construction of a 4m berm on Ratanga Road was awarded to Baseline Civils and completed in mid-December. Esor Frankie also moved on site late last year to undertake […]
New R220m residential development for Century City
Ashton Park, a new residential development at Century City comprising 138 apartments and seven villas, is to be launched by the Rabie Property Group shortly. To be developed at a cost of around R220million, Ashton Park is to be built on a site bordering the new Curro school which opens in January 2013 and will […]
