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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...

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...

R35m upgrade for Tokai On Main shopping centre

[caption id="attachment_747" align="alignright" width="300"] Food Lovers Market at Tokai on Main[/caption] 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...

Century City outperforms office market

[caption id="attachment_692" align="alignright" width="300"] The Bridgeways precinct where two new developments are planned, a 9000 m2 office for an international company and 4000 m2 office block for a national tenant.[/caption] The latest SAPOA office vacancy survey shows that while vacancies in six out of the seven...

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....

First crane back on Century City skyline

[caption id="attachment_183" align="alignleft" width="300" caption="Coenie Fick of Aurecon and Colin Anderson, a director of Rabie Property Group, on the site where construction of Aurecon’s new R150million offices is now underway."][/caption] The first construction crane to grace the skies at Century City in almost a year has...

Century City residential sales up 150%

[caption id="attachment_188" align="alignright" width="300"] A spacious fully furnished studio apartment in the iconic Crystal Towers development where sales have topped R125million since December last year.[/caption] It’s official, the residential property has finally turned with sales at Century City up a staggering 150% for the year to...