5 Reasons why now is the perfect time to buy from a developer
With three interest rate cuts in 2020 thus far, the prime lending rate is the lowest in 35 years at 7.25%. It’s the perfect time to buy a new home!
In addition, when you buy from a developer, it does not only save you a substantial amount of upfront costs, but includes a unique set of additional benefits. Rabie has 41 years’ development experience and has successfully completed numerous residential, commercial and retail schemes.
Why buy new? The benefits of purchasing a home directly from a developer
Purchasing a new home from a developer does not only save you a substantial amount of upfront costs but includes a unique set of additional benefits. We look at 5 great advantages of buying from a developer: No transfer duty One of the biggest savings on a new home is that you don’t have to […]
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 to be developed at a cost of R33million by the […]
R35m upgrade for Tokai On Main shopping centre
A R35million upgrade and redevelopment of the Tokai on Main Shopping Centre in Main Road, Tokai which includes a new, state-of-the-art 3500 square metre Food Lovers Market, is nearing completion. Colin Anderson, a director of the Rabie Property Group, said the building work had been completed and final touches were now being done. He said […]
Century City outperforms office market
The latest SAPOA office vacancy survey shows that while vacancies in six out of the seven Cape Town offices nodes rose in the fourth quarter of 2011, Century City bucked the trend with vacancy levels falling to 8,5% from a high of 12,9 percent in August 2009. The Cape Town office vacancy factor overall rose […]
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 the property market that most industry players started experiencing […]
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.
New Century City land release offers rare opportunity for owner occupiers
A rare opportunity for small developers and owner occupiers looking to develop or build their own offices at Century City is to be brought to the market shortly by the Rabie Property Group. Park Lane, a new 11 000 square metre office park, will offer purchasers a total of 16 serviced erven in a park-like […]
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 […]
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 […]
