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Go-ahead for Clara Anna Fontein

A recent ruling by the Western Cape High Court has paved the way for the multi-faceted development of the farm Uitkamp in Durbanville to proceed. Boetie Louw on behalf of the AFM Louw Family Trust, the developer, said plans and conditions will ensure the protection of...

R33m MyCiti Trunk Station to be built at Century City

Construction of a MyCiti Trunk Station at Century City, which will be a major interchange between the trunk and feeder routes of the city’s Rapid Bus Transit system, is to start later this year with completion set for the second quarter of 2014.  It is...

Luxury Oasis retirement apartments now under construction

[caption id="attachment_1243" align="alignright" width="300"] (LtR) Colin Green, Director of Rabie Property Group, and Nick McKinley, Director of WBHO, on site where construction has started on Palm Royale[/caption] Construction of Palm Royale, a new R255million sectional title apartment block in the Oasis Luxury Retirement Resort at Century...

R255m Palm Royale luxury retirement block goes ahead

[caption id="attachment_1083" align="alignright" width="300"] An artist impression of Palm Royale[/caption] Palm Royale, a new R255million sectional title apartment block, is to be built as part of the award-winning Oasis Luxury Retirement Resort at Century City. The go-ahead follows the achievement of pre-launch sales of close to R100million,...

Rabie acquires 50% in Oasis Joint Venture

[caption id="attachment_1022" align="alignright" width="300"] John Chapman (left) and Colin Green of Rabie Property Group with Roger Harries and Owen Futeran of the Harries Consortium on the site of the planned additions to the Oasis Luxury Retirement Resort at Century City.[/caption] Rabie Property Group has acquired from...

Civils contract to unlock Century City land for development

[caption id="attachment_890" align="alignright" width="600"] Century City aerial : land to be developed demarcated in red[/caption] Civil work is set to start on an 8 hectare site at Century City – the largest remaining undeveloped tract of land in the precinct - to unlock a number of...

Century City apartments : Profit margins are being squeezed

The profit margins of both developers and contractors have been squeezed in order to bring new developments to the market during the economic downturn, says Colin Green, a director of Rabie Property Group. Green says residential developments have been particularly hard hit following the downturn in...

Lack of zoned land will hinder an upturn

Zoned land with development rights is becoming increasingly scarce and the rezoning process increasingly more complex and time consuming which will make it difficult for developers to respond quickly to an upturn in the market, warns Colin Green, a director of Rabie Property Group....

Development constraints will push up prices

The development sector is going to be hard-pressed to respond rapidly to improved demand for new commercial or residential stock when the market picks up which will lead to stock shortages and an inevitable increase in property prices, warns Colin Green, a director of Rabie...