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New SANS energy regulations pose welcome challenges for industry

Recently promulgated SANS 10400-XA, which regulates the minimum standards required in terms of energy efficiency in new buildings, will push up the cost of new developments but will result in long term energy savings  for end users.  So says Miguel Rodrigues, a project manager with Rabie Property Group. Rodgrigues says the new legislation was promulgated …

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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. …

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Century City residential : Water fronting properties in high demand

Is it on the water? That is the first question potential residential buyers at Century City tend to ask, says Miguel Rodrigues, project manager of Rabie Property Group. Rodrigues says there was no doubt that water-fronting properties were the most popular units for which buyers were willing to pay a premium.  “There is something very …

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Century City residential : High demand for rental units sees return of investors

Demand for residential units to let at Century City has continued to soar with buy-to-let investors returning to the market on the back of shortage of rental stock. Two of the main letting agents, Property World and Property Café, ascribe the popularity of the precinct to the growing commercial component at Century City with over …

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Residential property, Cape Town : 50% of Little Moorings apartments snapped up

Nearly 50% of the 39 apartments in Little Moorings, Rabie Property Group’s latest residential development under construction at Century City, have been sold. Rabie director John Chapman said they had taken advantage of the recessionary conditions in the industry to renegotiate building contractors and this had effected significant savings which had been passed on to …

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