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 residential penthouse apartment sold for R13,5 million Read More »
Two residential projects by the Rabie Property Group – Waterstone at Century City and Citadel Constantiaberg in the southern suburbs – have been shortlisted for a 2010 SAPOA Award for Innovative Excellence in Property Development. The R400m Waterstone development comprises three components which are all accessed off Waterstone Square, a formal palm-lined bricked piazza with …
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 …
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 …
Demand for rental apartments in Citadel Constantiaberg, a high-rise block of 91 luxury apartments in the heart of the Southern Suburbs, has been unprecedented with not a single apartment now available to be let, says Ian Matheson, of Avon Chase Properties. “In fact we alone are having to turn away about 25 would-be tenants a …
Rental demand far outstrips supply at luxury Citadel Constantiaberg Read More »
