New block at Oasis set to launch

PALME Vue, the sixth and final block of apartments in Oasis Luxury Retirement Resort at Century City, will be launched on Thursday at the Oasis Club.

The 11-storey building, comprising 42 one, two and three bedroom apartments, is being developed in a joint venture by the Rabie Property Group and a Harries Projects consortium at a cost of R270 million.

Rabie director Colin Green says Palme Vue will have fewer but on average larger apartments than those in previous blocks, to meet the demand for more spacious units.

Apartments range from 94m2 to 247m2, including terraces, and are priced from R3.4 million to R9.95m. No transfer duty is payable.

There are three penthouses and two garden apartments, the latter of which will have exclusive- use areas fronting onto a large expanse of water and the landscaped communal gardens. All the apartments have terraces or balconies ranging in size from 19m2 to 77m2.

All apartments will have luxury finishes and at least one basement parking. Many will have a second bay and a storeroom. Palme Vue will have two lifts and a 24-hour dedicated concierge at the entrance lobby.

Construction is due to start soon with transfer anticipated in the third quarter of 2018.

Artist’s impression of a new security estate planned for Capri, featuring two and threebedroom homes.