Where best to invest
Selected developers recommend their most attractive off-plan options:
Kent Gush of Kent Gush Properties
We launched Ellipse Waterfall in Midrand in an incredibly soft market in November 2018. It’s the most successful project I’ve ever undertaken in the most difficult market I’ve experienced in 35 years. We’ve sold more than 300 apartments with a value of more than R850m in the past 18 months. The project has magnificent architecture that has captured the imagination of the public. And Waterfall as a precinct works. It is almost Dubaiesque. Every touchpoint is triple A-grade. The quality of the finishes is as good as a that of a luxury apartment in Sandton; only the units are smaller. There are 45 apartments left of the 272 launched in the Newton and Kepler towers. We’ve sold about 50% of the 180 apartments in Cassini, the third and tallest tower. Luna Club, which covers 1,100m2 on the ground floor of Cassini, incorporates a gym, a heated lap pool and a leisure pool, private dining facilities and a private wine cellar.
Balwin Properties founder and CEO Steve Brookes
JSE-listed Balwin Properties launched Munyaka Lifestyle Estate in Waterfall, Midrand, in the early stages of the coronavirus pandemic, selling 555 apartments totalling R850m in four days. One of the major attractions of this development is a crystal clear lagoon the size of seven rugby fields. Other facilities include a 6 Green Star-rated lifestyle centre (with free access to a gym), squash courts, an on-site concierge, restaurants, meeting rooms, a heated pool, laundromats, a cinema room, a wellness spa and a children’s play area. A total of 5,020 apartments will be developed at Munyaka over the next eight years. One- to three-bedroom units start from R799,000.
Craft Homes MD Reinier van Loggerenberg
Craft Homes traditionally enjoys more engagement online, with appointment booking forms and virtual tours available at crafthomes. co.za. Buyers can reserve or purchase units online that offer the best value in niche markets. Craft Homes offers developments that cater to what the market wants at different life stages. The Woods in Kyalami, next to Kyalami Corner, has a mix of apartments and freestanding homes. Phase 1 comprises 63 apartments and 52 duplexes, whereas Phase 2 is planned with
102 apartments and 43 duplexes. The development is surrounded by a green belt and incorporates a park, a clubhouse and kids’ play area.