Tuesday, 08 March 2016 13:59

Property choices galore in Centurion

Centurion has come a long way from being the sleepy southern suburb of Pretoria with its smallholdings and large open spaces. Today it is one of the fastest growing cities in South Africa with a population of over 240 000.

Balwin Properties launched Malakite property development, the company’s first new development since listing on the JSE in October 2015. 

With average selling prices of freehold residential property and sectional title homes increasing in value by 56 percent and 34.5 percent respectively from 2010 to 2015 (Lightstone statistics), Durban North’s property market strikes a chord with home buyers and instils investor confidence, particularly in the higher income group.

Perched on a ridge overlooking Durban's city centre, with views all the way to the Indian Ocean, lies a sought-after collection of suburbs known as Berea.

At one or another stage of life we are all bound to find ourselves faced with the dilemma of whether to rent or buy a home.

Home loan market still being driven by first time home buyers.  54% of applications are currently from first time homebuyers.

Named after a particularly verdant valley in the hills to the west of Johannesburg, the suburb of Florida started life as a mining camp just after the discovery of gold in the 1880s and, like many parts of the city, has had quite a chequered history.

Balwin Properties acquire development rights from Portimix in Johannesburg’s Kyalami and Waterfall node for R1.5bn.

Balwin Properties, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced strong interim results for the six months ended 31 August 2015.

Statistics released by ooba, show that the overall demand for sectional title property has risen year-on-year (yoy) by almost 7%.

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