Shortage of built housing stock for sale in Century City
Only 38 of the almost 3000 existing residential front doors at Century City are currently on the market for resale. This represents just over 1% against a norm of around 5%-10% elsewhere, says Brian Usher of Property World, the on-site specialist Century City agents. “This is not just the resale properties we have on our […]
Curro opens new school at Century City
Listed private school company, Curro Holdings, has opened a new school at Century City which is expected to further increase demand for residential and commercial property in the burgeoning precinct. Executive Head Sean Friedenthal says enrolments at the school for the first year at just under 300 were much higher than they had initially been […]
Century City studio offices selling fast
Quays, an exciting new boutique commercial development providing smaller office users the opportunity to purchase in Century City, has been notching up strong sales since its recent launch. In fact 14 of the 39 units have been sold to date for a total consideration of R28million with a further eight totalling R16million under negotiation. This […]
New R220m residential development for Century City
Ashton Park, a new residential development at Century City comprising 138 apartments and seven villas, is to be launched by the Rabie Property Group shortly. To be developed at a cost of around R220million, Ashton Park is to be built on a site bordering the new Curro school which opens in January 2013 and will […]
Strong residential sales prompt further new development at Century City
Strong residential sales in Century City over the past 15 months, have far exceeded expectations and are prompting further new development. Miguel Rodriques of the Rabie Property Group said more than 90% of the 57 water fronting apartments and six double storey townhouses at their Quayside development had been snapped up seven months ahead of […]
Century City offices now launching
The Quays, an exciting new boutique commercial development providing smaller office users the opportunity to purchase in Century City is to be launched by the Rabie Property Group. The development will comprise 39 low rise studio offices ranging from 41m2 to 228m2 , excluding balconies, and priced from around R800 000, ex VAT. Occupation is […]
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 […]
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 […]
Quaynorth now launching at Century City
Quaynorth, an exclusive, niche development of 28 apartments, 26 of which are water fronting, is to be built at Century City by Rabie Property Group. The development follows the successful launch of a neighbouring residential development, Quayside where 51 of the 63 apartments and townhouses, have been snapped up by buyers since its launch late […]
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 […]