(Awards) KNYSNA (July 17) - (Pezula Private Estate, the high-end residential development in Knysna on the Garden Route, has been awarded Best Property in South Africa and Best Development in South Africa by the 2008 CNBC Europe & Afirca Property Awards.
The awards will be presented at a gala dinner to be held at the Sheraton Park Lane Hotel in London on 27 September.
Chairman of the Property Awards, Stuart Shield said that The CNBC Europe & Africa Property Awards received hundreds of entries from the regions in all categories.
“The objective of these awards is to encourage excellence in the property industry worldwide and to encourage and promote an international standard. “The five star winners from each category of these awards will automatically be put forward for re-judging against the five star winners in other regions of the world and the 2008 International winners will be announced in October.”
Chairman of the Pezula Group, Keith Stewart, said that it was an honour to receive an award with such international credibility. “There is strong competition in South Africa from residential developments and although we believe that we have raised the bar and set very high standards, it’s wonderful to have this recognised internationally.”
Submitted: 17 Jul 2008
New 80 erven development launched in Paarl
(New Developments) CAPE TOWN (July 15) – Building contractors, J van der Sluys of Paarl, have teamed up with the Carstens brothers from the same town to launch a security estate development to be named “Vrede” in Sanddrift Street, opposite the Paarl Police College on one of
(New Developments) PIETERMARITZBURG (July 15) - Khonastone Projects reports “unprecedented demand” for homes in the final phase of its Panorama Gardens development in Pietermaritzburg.
(New Developments) CAPE TOWN (July 02) - “The Crystal” development at Camps Bay, the latest offering from ASLO Holdings, has been given the “green light” for building work to commence. This luxury development, consisting of 41 apartments, is located in Woodford Road just b
Inframax says market slowdown will benefit long-term players
(New Developments) CAPE TOWN (June 26) - Although the slowdown in new developments was inevitable in the piling up of interest rate rises and other negative factors, the market deceleration is not entirely unwelcome to long term developers, according to Willie Els, MD of th
Final phase of Montpelier Mews set for July roll out
(New Developments) DURBAN (June 26) – Le Domaine, the over 50s retirement village, is set to roll out the third and final phase of Montpelier Mews early next month, according to a media release.
Final phase of Boschenmeer in Cape Winelands launched
(New Developments) CAPE TOWN (June 15) - With approximately 346 of homes already completed and 60 currently in the process of being built at Boschenmeer Golf Estate in the Paarl/Franschhoek Valley in the Cape Winelands, the final phase of homes has now been launched.
(New Developments) CAPE TOWN (June 30) - Fulfilling a promise made at the end of last year that his company would seek out new sites and continue with residential development despite the higher interest rates and the stricter limitations imposed by the National Credit Act P
(New Developments) JOHANNESBURG (June 09) - As fuel prices soar and the route between Johannesburg and Pretoria becomes ever more congested, many homebuyers who currently work in one city and live in the other are choosing to relocate to Kyalami, at the halfway mark.
30 affordable unit project launched in Richards Bay
(New Developments) RICHARDS BAY (May 21) – Six units in the 30-unit Villa Tuscana in Brackenham in Richards Bay were sold on the recent launch day by marketing agents RE/MAX Marine.
Eight stands sold at launch of Lake View Country Estate
(New Developments) KNYSNA (May 17) - Knysna’s combination of lush forests, pristine beaches and general new building land shortages has stoked high interest in the new 52ha Lake View Country Estate with eight stands in the 63 stand first phase being purchased on launch date
Zimbali Coastal Resort reports steady first quarter sales
(New Developments) BALLITO, KZN North Coast (May 08) – Zimbali Coastal Resorts reports steady first quarter sales in spite of unstable economic conditions, the current property rates furore and impeding electricity load shedding issues.
Burgundy Estate relaunched with units from R799 000
(New Developments) CAPE TOWN (May 07) - Responding to the far more difficult marketing conditions that now face residential property developers throughout South Africa, Johan Combrinck, has re-launched his Burgundy Estate Nedbank Property backed development.
(New Developments) DURBAN (April 24) – KZN’s north coast with its fields of cascading sugar cane and pristine beaches continues to attract buyers in both the holiday home and primary residential markets.
(New Developments)
EAST LONDON (April 16) - Interest is reportedly running high in East London’s new Chintsa Bay Beach Club. The development comprising 42 houses and 55 apartments is located on approximately 18 hectares of prime positioned beachfront land with scenic sea
(New Developments) SHELLEY POINT (April 16) - A great deal has happened in the last 12 months at the 149ha Cape West Coast development, Shelley Point, according to a media release from its developers, including the completion of a R30 million Country Club.
New development in heart of Cape Town priced from R449 000
(New Developments) CAPE TOWN (April 15) – International Property Solutions (IPS) in conjunction with Leisure Development, will be launching SIX, Cape Town’s latest new development in the heart of the city, with breath taking views of Table Mountain and the Waterfront.
Ingle Pointe offers four triple-storey villas in Camps Bay
(New Developments) CAPE TOWN (April 15) - One of the last pockets of land in Camps Bay, bordered by nature reserve and overlooking the ocean, has been secured to house four luxury triple-storey villas, Ingle Pointe, according to a media release from Seeff.
Ingle Pointe c
Chas Everitt opens specialist development office in the Cape
(New Developments) CAPE TOWN (April 15) - The Chas Everitt International property group has announced the opening of a specialist development office in the Cape.
(New Developments) CAPE TOWN (April 14) A six-unit luxury apartment complex is to be built in Quarry Hill Road, Tamboerskloof with a selling price of R7,5m to R15m. “Quarry Hill” is being marketed by Pam Golding Properties.
Workshop opens up road ahead for Cape Town developers
(New Developments) CAPE TOWN (April 10) – Cape Town’s City Council and Eskom have jointly eased the concerns of one of the city’s residential developers following a recent workshop.
Interest in Simbithi and Blythedale firm inspite of slowdown
(New Developments) DURBAN (April 09) - While interest rate hikes, an increase in the cost of fuel and the impact of the National Credit Act has cautioned the thriving KZN property market, interest in gated estates and communities such as Simbithi Eco-Estate and Blythedale C
Slow power connections could short circuit occupation dates
(New Developments) JOHANNESBURG (April 04) - Buyers of units in new residential developments should get clarity on occupation dates before booking their removal companies, advises Mike Bester.
Thirty more units for Darling’s retirement complex
(New Developments) DARLING, Western Cape (April 01) - The not-for-profit Goeie Hoop Behuisingsmaatskappy, an offshoot of the SKDB NG Kerk and now in its 45th year of existence is launching a R25 million extension to its existing Groeneweide Retirement Building in Darling.
Rawson franchisees partners in Hemel en Aarde Development
(New Developments) CAPE TOWN (March 31) - Rawson Properties’ Hermanus franchisees, Peter Noel and Peter Greyling, have teamed up with a group of Cape Town investors to develop 24 erven in the successful Hemel en Aarde Estate. ,
New extension to popular Duckpond Village in Strand
(New Developments) CAPE TOWN (March 25) - A new extension consisting of 17 homes is to be added to the popular Duckpond Village on Altena Road, less than one kilometre from the beach in Strand.
(New Developments) CAPE TOWN (March 25) - Construction has commenced at the site of “360º” – the new seven-storey apartment building in Bromwell Street, Woodstock.
(New Developments) CAPE TOWN (March 20) - Square One, a new 18 unit sectional title development in Diep River, has been launched by DNL Properties, an established property development and lifestyle company based in the southern suburbs.
Community-focused Mitchell’s Plain development launched
(New Developments) CAPE TOWN (March 19) - An upmarket residential development – The Westridge - aimed primarily at emerging young professionals has been launched in Mitchell’s Plain.
Eskom’s lack of planning could prove a blessing to SA
(New Developments) JOHANNESBURG (March 13) –South African parastatal Eskom’s inability to meet the nation’s electricity demands could in the long run prove a blessing.
(New Developments) UVONGO, KZN Lower South Coast (March 13) – An opportunity to buy a coastal property in Uvongo for under R1 million has just raised its head.
In announcing the launch of Kenmuir Gardens in Uvongo last week, sole marketing agent Willem Erasmus of Acutts
340 units in phase one of Grand Central reportedly sold
(New Developments) CAPE TOWN (March 13) - Greeff Properties/Coessa reports an increase in sales at Leisure Developments’ Grand Central apartment project Wynberg to the point where a sell-out is now in sight.
Boskruin project recognises blackouts and crime dangers
(New Developments) JOHANNESBURG (March 12) – In a sign of the times a Boskruin residential property development launched this week has placed great emphasis on minimising the inconvenience and danger snow being faced by South Africa’s home owners.
Power ‘package’ could be a solution for developers
(New Developments) TZANEEN (March 06) - A new power “package” developed at the Tzaneen office of the ERA SA property group is being mooted by the franchise group as a possibility in providing an answer to the electricity woes.
“First Green Residential Developments” for Gauteng.
(New Developments) JOHANNESBURG (March 05) – A Johannesburg-based developer is claiming its pro-activeness in developing “the first truly energy efficient residential developments” in Honeydew Manor.
New luxury security development for Constantia Valley
(New Developments) CAPE TOWN (March 03) - A heritage of quiet luxury - this is the promise of “Nieuwe Steenberg”, a new security estate being developed in the Constantia Valley.
(New Developments) CAPE TOWN (February 27) - Property developers should embrace the challenges posed by South Africa’s electricity crisis and introduce energy efficient measures in new housing developments.
Eastern Cape experiencing a tide of new developments
(Eastern Cape) EASTERN CAPE (February 22) - While the Eastern Cape is a market known for being somewhat cooler than other coastal areas, a tide of new developments has resulted in increased interest.
(New Developments) GEORGE (February 22) – Serious investors are looking to George in the Western Cape for long-term investments that promise good capital appreciation.
(New Developments) JOHANNESBURG (February 20) – In a sign of the times a new 23-unit development in Craighall Park, Buckingham Gardens, situated on a gas line posted sold out signs within 48 hours of launch.
First triple-storey in Bredasdorp offers secure environment
(New Developments) BREDASDORP (February 12) - Bredasdorp, South Africa’s first town to receive the suffix of ‘dorp’, was established in 1838 by Michael van Breda, the first Mayor of Cape Town.
Cotswold Downs launches sectional title units as building ac
(New Developments) DURBAN (February 08) - Cotswold Downs kicks off 2008 with the much awaited launch of its sectional title units on February 10.
Forty units in phase one are being released, 10 in Cheltenham Mews and 30 in Woodchester Mews.
“The launch of the sectio
(New Developments) PORT ELIZABETH (February 01) - As Port Elizabeth’s urban renewal plans take shape, the suburb of Sea View will receive another shot in the arm in the form of a 52-unit premium residential development.
Saldanha equestrian estate sales cantering before the “off"
(New Developments) SALDANHA (January 28) - More than R9m worth of stands have already been sold at the Centrepoint Farmsteads Equestrian Estate on the Cape West Coast.
Hout Bay’s long-awaited retirement village well on track
(New Developments) CAPE TOWN (January 25) - Aptly named after the legendary farm and situated at the bottom-end of Valley Road, Kronendal Retirement Village is the first of its kind in Hout Bay.
(New Developments) CAPE TOWN (January 25) - Whilst house prices in the Overberg have hit record highs there is still value to be found in the Overberg. ”
(New Developments) SPRINGS, East Gauteng (January 24) - With vacant land available for developmentthe burgenoning area of Springs in Gauteng is rapidly becoming increasingly popular.
Rawson launches Development Sales franchise in Gauteng
(New Developments) JOHANNESBURG (January 23) - Rawson Properties’ newly established Development Sales franchise is set to enter the market with the launch of three new residential developments comprising 241 new units.
Mossel Bay landmark for residential or commercial use
(Residential) MOSSEL BAY (January 21) - Recently renovated with painstaking care by its owners with units now on the market with Seeff Mossel Bay priced from R680 000 to R1,3m is Searle’s Manor
New 296-unit lifestyle estate launched on West Rand
(New Developments) WEST RAND, Gauteng (January 18) - The first phase of one of the more exciting lifestyle estate developments on the West Rand will be launched by AgentDirect this Sunday.
Prime development aimed at Margate’s middle market buyers
(New Developments) MARGATE, KZN Lower South Coast (January 16) - While prime sectional title real estate in Margate has shot up by as some 30 percent in value since 2006, the popular seaside town is still managing to service the needs of middle market buyers.
(New Developments) PRETORIA (January 04) - Sales may be slowing in most sectors of the property market, but there is apparently no shortage of demand for units in the GASH (good address, small home) category in Pretoria.
New luxury 27-unit development for KZN Lower South Coast
(New Developments) PORT EDWARD, KZN Lower South Coast (January 02) - The far south or Hibiscus coast is where the environment takes priority. This is the back-drop for Bona Kahle – up-market sectional title apartments with breathtaking sea views over an indigenous eco-estat
Plett’s Bay View Hotel to be converted to five-star hotel
(New Developments) PLETTENBERG BAY (January 02) - Plett’s old Bay View Hotel has been purchased by Devmark to be transformed into the new Bahia 5-star hotel.
(New Developments) PRETORIA (January 01) - Under pressure from a softer property market, developers are adjusting their offerings in tune with consumer demands - but need to be more imaginative.
(New Developments) JOHANNESBURG (December 28) – 2008 may well be the year that the banks re-enter the property market as residential developers – for the first time in decades.
Green light given on R10bn Umhlanga Ridgeside Development
(New Developments) DURBAN (December 28) - Tongaat Hulett has received confirmation that the eThekwini Municipality has approved the Development Framework Plan for Umhlanga Ridgeside.
Third phase of building the "Pearls" draws to a close
(New Developments) DURBAN (December 28) - The vision and promise of ultra luxury, beauty and style stands proud on the Umhlanga beachfront as the building of the third phase of the Pearls of Umhlanga draws to a close.
(New Developments) DURBAN (December 23) – This year has been a year of milestones for Cotswold Downs, the five star golf estate in Hillcrest, west of Durban, and October and November have continued this trend with the proclamation of phase two and the first year celebration
Zimbali Coastal Resort launches Kauai luxury development
(New Developments) BALLITO, KZN North Coast (December 22) - Zimbali Coastal Resort has launched Kauai, the latest luxury development within this multi-award winning resort.
Strong sales reported at Nondela Drakensberg Estate
(New Developments) JOHANNESBURG (December 17) - The Nondela Drakensberg Mountain Estate has continued to experience strong sales in what is generally a less robust property market at the moment, following the 400 basis point hike in interest rate since June 2006. Phase one
(New Developments) KNYSNA (December 15) - Pezula Private Estate in Knysna has launched “The Country Estate at Pezula” comprising 28 north-facing plots averaging 5,000m² in size.
30% of second phase of Cape Town’s Melkbosch Village sold
(New Developments) CAPE TOWN (DECEMBER 13) - Asrin Property Developers R320 million Melkbosch Village is being cited by its marketing agents, “as the most successful plot and plan development ever launched in this section of the Cape’s West Coast.”
Housing supply threatened by confluence of negative factors
(New Developments) JOHANNESBURG (September 28) - The numbers of developers could thin as business conditions and new regulations conspire against their continued viability.
(New Developments) CAPE TOWN (September 25) - One six one, the new apartment building on Rondebosch’s Main Road, has sold out for close to R40 million.
Gansbaai to benefit from R250m investment injection
(New Developments) CAPE TOWN (September 24) - Gansbaai, already famed as a rapidly expanding tourism hotspot, is set to enjoy further transformation through a partnership between Cape Town developer, 2Tribes and property agency, LIFE Residential.
Abe Bailey’s Estate to be redeveloped for country living
(New Developments) JOHANNESBURG (September 24) - A 517ha Gauteng estate is being redeveloped to provide country estate living - but only 3% of the total land area will be developed.
New Heidelberg development set to meet local property needs
(New Developments) HEIDELBERG, Western Cape (SEPTEMBER 21) - The picturesque Garden Route town of Heidelberg is experiencing growth in commercial and residential property as well as tourism opportunities. This small town is fast becoming known for its ideal location because
(New Developments) DURBAN (September 11) – Sales at Royal Jozini Big Six in Swaziland were given a flying start at the eLan Platinum Investor Club launch on September 6 with 303 sites being sold at a total value of R170m.
Developers to bend the knee to middle and low income buyers
(New Developments) JOHANNESBURG (September 07) - Low to middle income home buyers often ignored by developers in the mid 2000s boom period in terms of their housing needs are about to be given a fair hearing.
KZN older coastal homes being demolished to make way for new
(New Developments) DURBAN (September 06) - A shortage of available beachfront land coupled with an ongoing high demand for prime coastal property is seeing a trend emerging in KwaZulu-Natal with buyers purchasing properties with a view to demolishing the existing home or ho
(New Developments) GORDON’S BAY, Western Cape (September 04) – An affordable, gated village in Gordon’s Bay offers investors and potential first-time home-owners an opportunity to get into the property market without breaking the bank.
(New Developments) DURBAN (August 31) - Land management and property development company, Moreland, has changed its name to Tongaat Hulett Developments. The change, announced in Durban recently, follows the corporate activity, which resulted in the unbundling and separate J
(New Developments) CAPE TOWN (August 30) - Amdec Property Development has announced plans to develop homes on 36 stands at the award winning development, Lake Michelle, in Noordhoek.
(New Developments) PRETORIA (August 30) - The good address, small home (Gash) concept that successfully spawned a rash of affordable homes in new developments in the nineties
is making a comeback this month in Hazeldean, the burgeoning new suburb on Pretoria's eastern fla
(New Developments) BALLITO (August 28) – KwaZulu-Natal’s north coast gathering mix of lifestyle estates has been given a further dimension with the recent off-plan launch of a R250 million sectional title retirement estate.
(New Developments) BALLITO (August 28) – Following on from the first phase success of the newly completed development The Moors in Simbithi Drive, construction of the second phase, The Highlands, has now begun.
(New Developments) JOHANNESBURG (August 26) - Amdec Property Development is jointly developing the R135 million Belle Woode lifestyle project, a 117-unit upmarket retirement village on the border of Dainfern and Fourways Gardens in Broadacres.
(New Developments) AMANZIMTOTI (August 20) - Digging in. Great excitement has been created among the early purchasers with the start of site clearance on the old Illlovo Beach Holiday Resort site in Illovo Beach to make way for the R110 million 98-unit Milkwood complex.
(New Developments) DURBAN (August 20) - Westville’s stylish new R800 million Westwood Estate, is causing quite a stir in the property market with buyers and investors wanting to be part of the well-located and convenient development.
(New Developments) With an already healthy stock of game - and giraffe, éland, nyala and hartebeest to be introduced in the near future, Les Kroone (right), the developer of Phezulu Game Reserve is well on track to realising his dream of establishing a private game reserve
(New Developments) CAPE TOWN (August 10) - Property deal-maker, Stuart Chait, is to turn the development site he bought at Steenberg in Tokai for R50m this month into an "inclusionary" development.
Nestling among the 24 R6m plus mansions will be six affordable houses a
Beach washaways fail to douse developers interest in Ballito
(New Developments) BALLITO (August 08) - Storm damage inflicted on the KwaZulu-Natal north coast earlier this year has done nothing to douse the enthusiasm of property developers.
(New Developments) Recently launched at Shelly Beach on the KZN lower south coast is the last phase in the co-joined development Shelly@Sea and Shelly@Ease offering units from R690 000 by marketing agents Sotheby's International Realty Margate office. The development is wit
(New Developments) SHELLEY BEACH, KZN Lower South Coast (July 25) - A development in Shelly Beach is offering seaside living from R690 000 with the last phase launch of the co-joined development Shelly@Sea and Shelly@Ease.
(New Developments) DURBAN (July 23) - Sales in the province’s lower priced new residential developments continue at a healthy pace, according to a snap market survey by the Sunday Tribune Property Guide last week.
(New Developments) SEYCHELLES (July 23) – South African-based property development company Pinnacle Point Holdings Pty Ltd (PPH) and the Seychelles government have signed a R9,2 billion deal to build one of the world’s most exclusive golf and casino resorts.
(New Developments) DURBAN (July 20)- Durban-based development company Black Balance Holdings is set to fulfil its primary objective of serving the first-time homebuyers market with its first phase launch this weekend of the R90 million The Hampshires in Mariannhill, Pinetow
Inframax launches last 16 erven in Langford Country Estate
(New Developments) DURBAN (July 15) - The Langford Country Estate in Hillcrest in the Upper Highway area approximately 30km from Durban’s city centre is launching the last 16 erven on a plot and plan basis.
Inframax’s Regional Manager, Paul Mulder, says Inframax had sch
(New Developments) DURBAN (July 13) – Launched on July 15 and aimed at the more affordable market is the 53-unit GreenHill Estate in the centrally located Effingham Road area.
(New Developments) DURBAN (July 13) - The 188ha Mount Richmore Village Estate near Salt Rock on the KwaZulu-Natal north coast achieved a selling price of R50m at an on-site auction on June 21.
(New Developments) AMANZIMTOTI (July 13) - Now in its second week of marketing is the 62-unit two and three bedroom Amanzi Mews on the old ‘Toti Drive In site at 262 Old Main Road in Amanzimtoti. The two storey blocks are aesthetically placed on the 13 000 sqm elevated site
Berea high rise office building converted to apartments
(New Developments) Durban (June 21) - In what is believed to be a first for Durban, a high-rise Berea office building has been converted into residential apartments to provide a much-needed boost for the affordable accommodation market.
(New Developments) Launched last weekend with focus on affordability is the first phase of the planned medium-density 459-unit Rivers End Residential Estate on a 9,68ha site at 70 Connor Road, just 1,3km from the Liberty Mall.
Land shortages shifts building focus to Upper south Coast
(New Developments) Durban (June 05) - The shortage of affordable coastal residential building land is almost certain to give further spur to the current momentum of new developments in the upper to mid south coast in the short to medium term.
(New Developments) Success for Engel & Völkers with Bakoven Sunsets
Engel & Völkers has recently concluded the sale of the penthouse unit in the new luxury development “Bakoven Sunsets”.
(New Developments) Noordhoek's upmarket eco-estate, Lake Michelle, has been selected as the country's top estate in the annual awards for excellence in property development by the SA Property Owners Association (SAPOA).
(Industry) On 31 May 2007, the small business amnesty applicable to qualifying small businesses will close, according to an e-mail flyer from Durban law firm, Shepstone & Wylie.
(New Developments) Correctly researching and implementing new property developments is the key to meeting demand in a softer market, particularly in terms of emerging buyers.
Construction starts on Port Elizabeth’s Wedgewood Estate
(New Developments) Ground has officially been broken on the R1,2bn Wedgewood Village Golf and Country Estate today, marking the start of construction of Port Elizabeth’s second-largest project developed by national property group Pinnacle Point Holdings (PPH).
(New Developments) Developers Indawo Investment Trust, who are associated with a number of residential developments such as Horizon View, Ridgeton Towers, The Palms and Ilala Ridge in Umhlanga, have now turned their attention towards the lower south coast with significant
(New Developments) Just a few years ago the purchasing thrust of the emerging market in Pinetown’s surrounding township areas was directed at homes in the traditional suburbs as near as possible to the selling price of their township property, but this has now changed.
(New Developments) The development team of Oceans 134, a planned new 17-apartment block on La Mercy beach, were given high praise for its original architecture, it’s blending with surroundings and ecological sensitivity with its environment.
