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. […]
Valedictory Day at Sinenjongo!
This past Saturday was Valedictory Day at Sinenjongo High School in Joe Slovo Park, Milnerton, which Rabie adopted as the major beneficiary of its Corporate Social Responsibility programme five years ago. What a day it was and what a long way the school has come since we initially got involved! Ahead of proceedings starting, the […]
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 […]
Banks remain cautious in home loan lending
In spite of the interest rate being at a 33 year low, banks remain very cautious in terms of granting home loans with all information submitted to them being thoroughly analysed to ensure the applicant’s affordability, says Kim Pistor, legal advisor and conveyancing manager for Rabie Property Group. Pistor said while it was relatively straight-forward […]
Woolworths at Palmyra Junction clinches top retail award
The South African Council of Shopping Centres initiated the Special Star Awards seven years ago to create a platform to honour and recognise those retailers and service providers who have provided an exceptional level of customer service and who have contributed to the success of the shopping centre industry. Woolworths food, the anchor tenant at […]
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 […]
Century City offices : New sectional title offices for Century City
A new block of prime sectional title offices is to be built at Century City at a cost of R37 million to meet pent-up demand for small to medium size offices in the precinct. The 2200 square metre building, to be known as The Courtyard, will comprise 18 units ranging in size from 63 square […]
Century City : Big Ben teaches Herzlia kids how
Posted by Jon Sparks, Project Manager, Rabie Property Group and staff of Big Ben Construction Staff of Rabie Property Group, and our wholly owned construction company, Big Ben Construction, hosted 54 boys and girls from the grade one and two classes at Herzlia Constantia last week to give them a hands on building experience. The […]
Koeberg Interchange upgrade boosts Century City
The nearing completion of the Koeberg Interchange represents the last leg in unlocking Century City’s accessibility to the entire Peninsula and has been greeted by increased inquiries from corporates looking to relocate to the precinct, says John Chapman, a director of Rabie Property Group. He said the opening of Ramp B, which connects the M5 […]
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 […]