Weekend Argus (Saturday Edition)
The need for more
retirement units
ing property in Eastford Downs, Knysna, 70% of buyers in Helderberg Village, Somerset West, and 64% in Klipfontein, Malmesbury, are over 65.
In keeping up with this demand, new developments are fast cropping up throughout the Western Cape as retirement accommodation – particularly estates and villages – struggles to keep pace with the increasing number of older people seeking to live in them.
And this is not a problem unique to the province.
South Africans aged 50 and above comprise almost 16% of the population, yet retirement accommodation comprises just a fraction of the country’s housing stock, says Arthur Case, CEO of the Evergreen Lifestyle Group.
This is an Amdec company specialising in the development of life-