Century City residential sales up 150%
It’s official, the residential property has finally turned with sales at Century City up a staggering 150% for the year to end June. Allen Usher, managing director of Property World, the official on-site agency for developers, Rabie Property Group, said they had secured a total of 104 sales at Century City totaling R206million for the […]
First crane back on Century City skyline
The first construction crane to grace the skies at Century City in almost a year has gone up. It has been erected for the construction of a new 7000 square metre “green” regional office block for Aurecon, an engineering, management and specialist technical services consultancy group formed through the merger of Africon, Connell Wagner and […]
Cash buyers underpinning Century City market
Cash buyers have been underpinning the residential property market at Century City during the current downturn, says Rob Downey of Property World, the official on-site estate agency for Century City developers, Rabie Property Group. He said over 50% of Property World’s 120 residential sales at Century City during the financial year to end June had […]
Rabie Property Administrators’ portfolio grows to R3,5 billion
Rabie Property Administrators (RPA) has secured two new management contracts boosting the value of its portfolio under administration to more than R3,5 billion. The contracts include the Old Biscuit Mill in Albert Street, Salt River as well as Indigo Properties’ Cape Town CBD portfolio of eight buildings. In addition RPA has been awarded the management […]
Century City offices : Moore Stephens SA relocates to Century City
Accountancy firm Moore Stephens BKV Inc. has relocated to Century City, taking just under 2000 square metres in The Gateway office block on a long lease. Moore Stephens BKV Inc. has been operating since 2003 and is part of the Moore Stephens International Association (MSI), one of the world’s major accounting and consulting networks with […]
Second Gold Award for Crystal Towers
Town & Country Projects and Vivid Architects have won the 2010 Gold Award from the Institute of Timber Frame Builders Association for the Crystal Towers bridge which links the mega Crystal Towers development to Canal Walk Shopping Centre at Century City. This is the second gold award Town & Country Projects and Vivid Architects have […]
Century City residential : Tamarin closes 14 residential sales in July!
Property sales at Century City have continued to pick up with 22 residential properties being sold by Property World, the official on site agency, in July alone. Of these, 12 were development sales and 10 resales. This brings to 88 the number of sales confirmed by Property World since the start of the year which […]
Century City residential sales top R60 million in 3 months
Residential sales at Century City have picked up strongly with total sales of more than R60,8 million being recorded since July 1 this year. Brian Usher, sales manager of Property World, the official on-site agents for Century City, said these sales included 26 developer sales totalling R43,8million and 12 resales totalling just under R17 million. […]
Century City residential penthouse apartment sold for R13,5 million
Residential property prices at Century City have broken new ground with the sale this month of a four bedroom furnished penthouse apartment in Crystal Towers to a foreign buyer for R13,5 million. Prior to this the highest price achieved for a property was for a freestanding home on a double plot in Waterstone Isles which […]
Century City sales top R300million
Residential sales at Century City by Property World, the official on-site agents, totalled R320million in the past year – the highest in five years. Of this 139 units totalling more than R241million were for new development sales while resales totalled 56 and accounted for just over R78million. Brian Usher, sales manager for Property World, said […]