Business Day HomeFront 21 February 2020

HOMEFRONT 13 OCTOBER 2016 WWW.BDLIVE.CO.ZA 21 FEBRUARY 2020 WWW.BUSINESSLIVE.CO.ZA

Special Property Investment Focus

MUST-READ

Developments go greener than green PAGE 4

Retirement trends and hotspots PAGE 16

The best countries to move to from SA PAGE 24

Newlands Peak, a new high-end residential development in Cape Town by Rawson Developers

Mid-road or luxury?

Balwin’s R9bn Waterfall project PAGE 29

HomeFront explores trends playing out in the mid-level and highend property markets and discovers that new developments are still launching – and selling well PAGE 8

HOMEFRONT SUSTAINABILITY

Greener than green With architectural design addressing sustainability in innovative new ways, the building industry’s future has never been greener. Here’s our heads-up on the latest local and international trends set to make an impact in 2020 and beyond WORDS: DEBBIE LOOTS :: PHOTOS: ELSKE PHOTOGRAPHY AND SUPPLIED

A Gauteng home by Veld Architects, a firm that takes a regenerative approach to design

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oogle tells us there’s no shortage of green trend forecasts this year. Many of them overlap, some are ideas still in the making, others have outgrown their use with new innovative designs replacing the old.

Where does SA’s building sector find itself in terms of sustainable design?

What do we need to do to ensure that our buildings are not only greener but also healthier and proactive instead of being reactive?

Are we on trend?

According to the Green Building Council South Africa (GBCSA), we are. Our building sector is becoming

greener as we speak; there are currently 500 certified green buildings in SA and the number keeps growing.

However, just like the rest of the world, SA has its own unique set of challenges and in light of the growing threat of global warming new sustainable solutions are needed.

“The impact of climate change is now felt by all sectors of the economy,” says GBCSA managing executive for market engagement Grahame Cruickshanks. “This has far-reaching consequences, especially for a severely unequal developing country such as SA, where a large portion of the population still lives in geographically

vulnerable spaces that tend to be hard hit by extreme seasonal variations and harsh weather events.”

REGENERATIVE DESIGN Enter regenerative design, a holistic approach that tackles individual community and environmental challenges.

In other words, it aims to solve unique problems with unique solutions.

According to Eera Babtiwale, associate principal at the Ontario studio of HMC Architects, buildings that are regeneratively designed differ from sustainable or net zero buildings – instead of only using the minimum resources needed, which is

at the core of sustainability, regenerative buildings operate to reverse damage and have a net positive impact on the environment.

Cruickshanks says regenerative design takes net zero a step further.

“Apart from having zero impact on the environment, regenerative design creates natural environments for local ecosystems to thrive, filter the air and nearby water courses from pollution, and take advantage of opportunities for a broader socioeconomic impact in the construction and operation phases.”

NET ZERO VS NET POSITIVE So it seems the best way

forward is eventually to graduate from net zero to regenerative and net positive builds that encourage whole-systems thinking and also benefit the environment.

According to Kevin James of GCX, a strategic environmental sustainability and project development company, net zero is a great place to start. Eco-conscious designers and builders are beginning to take net zero as a base requirement for compliance, he says.

“Companies will become more ambitious with the targets they set for themselves and the types of buildings they create as it reflects their

HOMEFRONT commitment both as private individuals and corporate citizens to our blue planet,” James says.

SMART TECHNOLOGY

The Ridge, the latest development at Cape Town's V&A Waterfront for the firm Deloitte, is set to feature a few 'green firsts', including a unique timber façade with natural ventilation systems

As it is in the design of a building, so it is in the design of home technology.

Although net zero is great, net positive technology is the future. Imagine not only creating selfsustaining energy but generating extra that can be used by the building’s power grid or even sold to Eskom!

Moreover, there are technology systems that make it easy to control light, temperature and security inside a building.

Some systems would enable you to calculate your energy consumption and detect when you are using too much. It could even switch off devices that are not in use or dim lights when necessary to save energy.

Does this sound like science fiction? Well, Gillian Holl of Veld

Architects says the road to net zero homes is paved with smart technology like artificial intelligence (AI) and virtual reality (VR). “Energy modelling, for example, indicates the best possible sites for green buildings,” she says.

“Technology can also help architects utilise natural energy more effectively and design more smartly in general.”

RETROFITTING A process in which old buildings are restored and reused, retrofitting is a global approach to breathing new life into underutilised spaces.

“In SA we will see more retrofitting across the sector, with well-placed commercial buildings being converted to penthouse apartments and luxury hotels, or industrial warehousing being modified into affordable housing,” says Mathew Streatfield, energy efficiency consultant at Here Today.

Retrofitting has many sustainable benefits.

Some even believe it’s the greenest way to build, as the infrastructure already exists and bypassing demolition waste lowers environmental impact.

TIGHTER ENVELOPES Another trend to look out for, says the GBCSA, is new innovations in terms of a building’s exterior walls and roofs and its surrounding landscaping.

These factors help to “tighten the envelope” of the building, reducing the consumption of heating, ventilation and air conditioning (HVAC) systems. The correct choices for interiors also make a difference: think of the impact of furniture, paint and carpeting.

What’s more, the orientation of the building design has implications for sun shading, thermal mass storage and natural ventilation, all of which assist in reducing the HVAC load.

SA’S TOP GREEN PERFORMERS Vleihuis Development, Linden, Johannesburg Consisting of eight residential homes, Vleihuis Development is said to have set a new benchmark in sustainable design in SA. The project reintroduced the site’s indigenous landscape and wetland ecology and has achieved certification for Zero Carbon, Net Zero Water and Net Positive Ecology (Pilot).

It is therefore rated triple net zero by the GBCSA, the first project on the continent to achieve this. marcsherratt.com 78 Corlett Drive, Johannesburg (Legaro Properties) The GBCSA awarded this Net Zero Carbon (Pilot) project a six-star Green Star Office V1.1 Design certification, the highest issued in SA in 2018.

The company's energyefficient development in Hyde Park, 38 Morsim, is also aiming for an EDGE rating from the GBCSA.

legaro.co.za Munyaka, Kikuyu and The Whisken, Midrand (Balwin Properties) Having won numerous green awards and achieving a world first in 2019 with its 16,000 Edge-registered units, Balwin’s newest

lifestyle development Munyaka’s VIP lifestyle centre was awarded a sixstar Green Star rating by the GBCSA. This multibillionrand project includes ecofriendly appliances and prepaid water and electricity meters. Kikuyu and The Whisken, two other Balwin developments, are among the first to introduce solar energy. balwin.co.za

Harbour Arch and The Yacht Club, Cape Town (Amdec Property Developments) Amdec Property Developments is a founding member of the GBCSA with a leading position concerning environmentally responsible developments that incorporate solar energy, rainwaterharvesting solutions and innovative wastemanagement systems.

At Amdec Property Developments' Harbour Arch in Cape Town, seepage water from the ocean is desalinated on site

“Companies will become more ambitious with the targets they set for themselves and the types of buildings they create as it reflects their commitment both as private individuals and corporate citizens to our blue planet”

Among many other sustainable initiatives, its Harbour Arch and The Yacht Club feed seepage water from the ocean to be desalinated on site for the precinct, allowing the property to function off the grid. Harbour Arch also offers electric car charging stations geared to encourage residents to purchase electric-powered vehicles. amdec.co.za

Kevin James, GCX

38 Morsim is a development in Hyde Park by award-winning Legaro Properties A

PRODUCED BY BLACKSTAR PROPERTY PUBLISHING

EDITORIAL TEAM Editor: Debbie Loots Designer: Samantha Durand

PUBLICATION ADVERTISING SALES

Copy Editor: Christine de Villiers Production: Joanne le Roux

Susan Erwee

susan.erwee@thecreativegroup.info

083 556 9848

kingsford.co.za 8 Kings Avenue, Westville

FOCUS ON: BROOKFIELD AT ROYAL, JOHANNESBURG

ADVERTORIAL

A new lifestyle awaits Brookfield at Royal is a once-in-a-lifetime chance to own an elegant apartment at the first luxury residential development in the award-winning Royal Johannesburg & Kensington Golf Club precinct WORDS AND PHOTOS: SUPPLIED

T

he Royal Johannesburg & Kensington Golf Club draws a discerning crowd thanks to its acclaimed golf courses and legendary hospitality. In keeping with its status, the first premium development within its precinct is classy, distinctive and impeccably designed.

Proudly developed by Tricolt Property Developers, Brookfield at Royal makes the most of the lush countryside setting with uninterrupted views from each luxury apartment.

One-, two- and threebedroom configurations start from 47m² up to 154m² penthouses, all with superior finishes, patios, balconies and gardens. Strategically placed windows and glass doors allow natural sunlight to flow into the high-ceiling units and through openplan kitchens.

The apartments have been designed to the highest standards – Hansgrohe fittings, quality brand

appliances and Caesarstone tops are standard features.

Clean lines, timeless colour schemes and high-end craftsmanship define every home.

In keeping with the demands of modern life, Brookfield at Royal offers a safe, secure and easy-living environment. Services include generator back-up power, state-of-the-art security with CCTV and a 24-hour guard, secure parking and golf cart paths, as well as fibre access in all apartments.

When it comes to leisure, residents enjoy automatic social membership to the Royal Johannesburg & Kensington Golf Club. The family-friendly clubhouse has a business centre and a banqueting venue, a gym and lifestyle club, an outdoor playground and crèche, as well as a restaurant with an authentic pizza oven.

Homeowners also have access to the Private Brookfield Clubhouse.

Tucked into a copse of trees and overlooking preserved wetlands from its timber deck, the clubhouse includes picnic and braai facilities. For the more actively inclined, there are cycling and running trails and scenic walkways, a swimming pool and opportunities to fish.

When residents do need to leave the peace and quiet of the countryside, they will be happy to know they are close to every urban amenity – private schools, hospitals, shopping malls and restaurants – with quick and easy access to all the major highways.

Prices range from R1.19m to R4.19m and the development launches on March 5.

GET IN TOUCH VISIT OUR SALES CENTRE

Tel: 0861 683 683 royaldevelopments.co.za

HOMEFRONT PROPERTY TREND

Mid-road or luxury?

HomeFront explores trends playing out in the mid-level and high-end property markets and discovers that new developments are still launching – and selling well

WORDS: KIM MAXWELL :: PHOTOS: SUPPLIED

The Grove at Sitari Country Estate in Somerset West

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any securityaware South Africans are selling their freestanding homes in favour of property in gated communities. Golf estates have been popular traditionally, but eco-estate and wildlife development homes are now broadening the residential mix.

Many move to upmarket suburban estates or smaller mixed-use urban developments, usually to apartments sold as sectional title. Mixed-use options are growing in demand because they offer convenient proximity that reduces traffic and helps people simplify their schedules.

Lightstone Property reports that the residential property market has been in consolidation for a while, owing to the slow economy.

“As the market currently stands, we see a slowdown across all segments,” says its January Market Review.

In the Lightstone Area Value Bands Index, a property selling for more than R1.5m falls into a luxury band.

FNB’s Property division last month defined a lowincome area as one where the average purchase price is R395,900. Its luxury value band average purchase price was R2.3m.

FNB’s prices fluctuate.

HomeFront’s property market indicators fall somewhere in between.

We’re exploring demand for homes or apartments in the mid-level – priced from R1m to R2.5m – and luxury highend apartments or homes priced from R3.5m.

In a tighter economy, which of these sectors is seeing buyer-seller movement? And what are the roles of influencing factors such as proximity to urban centres and schools, security, top amenities and nice-to-haves?

SECTIONAL SURGE

One on Whitely, an Amdec Property Developments offering in Melrose Arch, Johannesburg

Sectional title apartments often have mid-level pricing, although beautiful high-end units can be in demand too.

In January, FNB Property Barometer compilers cited Stats SA data showing a surge in supply of all new residential units in 2019, particularly sectional title. In October 2019, the volume of new units increased by 67% year on year.

Analysts picked up “a noticeable shift from freehold properties to more sectional titles in the past two to three years, with the latter now accounting for about 60% of new-build units”. According to FNB this trend is driven

HOMEFRONT

by densification and the fact that buyers across all income groups are more securityconscious. The upsurge is concentrated in Gauteng.

Amdec Property Developments MD Nicholas Stopforth believes that while there is saturation in traditional property, demand for mixed-use developments is starting to outweigh supply. “One on Whitely in Johannesburg’s Melrose Arch Precinct is already 94% sold out, with only a handful of units available for sale,” he says. Only eight urban units remain – these onebedroom, one-bathroom units with a parking bay each are priced from R2.52m. The convenience factor is compelling. “Much of Johannesburg’s urban sprawl necessitates the use of transport to commute to and from work and indulge in leisure time, which is exhausting, time-consuming and expensive.”

On April 21, sales launch of Newlands Peak in Newlands, Cape Town – a new sectional title development by Rawson Developers. “The vision is to set a new standard in sustainably designed and community-focused living,” says Rawson Developers’ Brad Morgan. Comprising 232 luxury apartments over 11 floors, the geometric designed block will be flanked by two avenues with mature trees. Secure parking, 24-hour CCTV surveillance and biometric access control complete the offering.

With apartments priced from R1.195m and townhouses from R1.895m, Mzuri Estate is another mid-level buy in Somerset West appealing to couples and new families. “For remote work, the clubhouse will provide shared office space with meeting and conference facilities, as well as high-speed internet,” says Pam Golding Properties Somerset West and Stellenbosch branch manager Louise Varga. Green play areas and an early childhood development centre is also planned for the estate.

“According to Lightstone Property data, a large

number of properties sold in Somerset West are in price bands between R1.5m and R3m,” says Varga, adding that 57% of the area’s buyers are younger than 50.

“More single people are buying property, which is also driving demand for sectional title living,” says Pam Golding Property Group CEO Andrew Golding.

“It’s not surprising in today’s world, where many people are delaying marriage or not marrying at all. We’ve seen many millennials buying homes in recent years.”

GROWTH NODE In KwaZulu-Natal, Durban North is on the rise. “Durban

Mzuri Estate, also in Somerset West, is marketed by Pam Golding Properties

SUBURBAN APPEAL Suburban estates fill a need too. Popular Sitari Country Estate in Somerset West has sold more than 1,700 country and village homes, apartments and erven. It recently launched its latest sectional title development The Grove, which offers premium one- and twobedroom apartments in three-storey blocks.

Offering mid-level value, The Grove’s prices start from R1.205m for a onebedroom, one-bathroom unit with a parking bay.

Superior fittings and finishes include stone countertops and vanities, a Smeg built-in oven and hob, integrated fridge, walk-in showers and wall-hung toilets.

Will it sell? “The highend specifications of the apartment schemes and amenities such as the Curro school and the new Sitari Village Mall are a very popular combination,” says Claudius Combrinck, property sales executive director at Sitari.

North was the most searched suburb nationally on our website, according to the RE/MAX National Housing Report Q3 2019,” says RE/MAX of Southern Africa regional director and CEO Adrian Goslett. Citing Private Property statistics, Goslett says the median asking price in the province grew by 7% year on year in September 2019.

RE/MAX Panache owner Grant Gavin predicts that this popularity will continue, as will growth in the Umhlanga and Cornubia zones. “The Umhlanga, Cornubia, Sibaya and uShaka Airport areas are growing, with new stock,

Kingsford Estate is one of several new developments in Westville

“There has been a noticeable shift from freehold properties to more sectional titles in the past two to three years, with the latter now accounting for about 60% of new-build units” FNB Property Barometer

HOMEFRONT

Brookfield at Royal, the first luxury apartment development at the Royal Johannesburg & Kensington Golf Club

Outdoor living at Kingsford Estate

developments and office parks. Durban North also has great access to the Durban city centre and the North Coast,” he says.

“With school catchment areas being an important factor for families, this has always been a prime location for buyers, thanks to the abundance of amazing schools nearby.”

Centrally located at a prestigious Westville address, Kingsford Estate is launching 22 homes in March, starting at R8m for a contemporary threebedroom. The post-modern single- or double-level homes exude luxury and incorporate outdoor living and a pool.

“It stemmed from our own needs and those of our family, friends and neighbours. We designed the estate and homes around that,” says ownerdeveloper Mahomed Amod. Residents will enjoy security in a subtropical location, with site elevation offering sea and city views.

AMENITIES-DRIVEN

Newlands Peak by Rawson Developers

Something exciting coming to Waterfall, Midrand, is Munyaka (Venda for “crystal”), a R9bn development by Balwin Properties. Construction has started on Munyaka’s freshwater Crystal Lagoon, boundary wall, gatehouse, lifestyle centre and apartment show block. The balance of the apartments will be rolled out over the next eight years.

Mid-level buyers are the primary target for this amenities-driven development. The bulk of the 5,020 apartments will be architecturally designed one-, two- and threebedroom units priced from R799,000. Balwin will also develop two ultra-luxurious penthouses with 180˚ views of the Crystal Lagoon that are expected to be marketed at R30m.

Targeting active luxury buyers (likely golfers), Brookfield at Royal in Sandringham is another sectional title development launching in March. Prices range from R1.19m for a 45m² one-bedroom to R4.19m for a 154m² groundfloor apartment with spacious garden and golf course views.

“We’ve had more than R100m in sales already during the February prelaunch to Royal Johannesburg & Kensington Club members,” says Tim Kloeck, CEO of Tricolt, the developer of Brookfield at Royal. “It’s a big thing. The Championship East Course was rated number one in SA. This is probably one of the most illustrious addresses left in old Joburg. This part of town doesn’t have a security estate on a golf course.”

Tricolt was also involved in developing The Houghton luxury apartments that overlook The Houghton golf course, and it launched luxury residential development Ellipse in Waterfall in late 2018. “The

luxury market may seem dead but we’re prospering with R900m in sales in 2019 for Ellipse. So people are starting to see Tricolt as a solid brand for upmarket projects,” says Kloeck.

“There is always a hook and a differentiator to a Tricolt project, and that’s why they support us.”

EXTRA FEATURES So mid-level and high-end homes that offer the right mix are still selling. But how important are the “extras” in a tight economy? Most estate and mixed-used developers offer amenities and green spaces. Yet more and more buyers are looking for sustainable features as well.

Mzuri has gone large with energy efficiency and green technologies. Varga says initiatives include solar and water management and providing solar-assisted geysers to houses and heat pumps to apartments. The development will also have its own electrical grid.

“Homeowners are offered a system based on individual energy consumption habits, engineered to suit their home,” says Varga.

Kingsford Estate’s developers Wildrose Investments give homeowners the opportunity to live off the grid by providing photovoltaic power options and borehole water supply.

They will have back-up generators too.

One on Whitely provides residents with a convenient

environment of urban safety.

“Johannesburg is currently a depressed property market, especially in the high-end luxury section title segment.

Typically anything above R1.5m is languishing on the market,” says Stopforth.

A location in Melrose Arch boosts value and sales, translating to a 30% buy-tolive and 70% investor market split for this development.

“You can walk to the coffee shop or to your apartment at 2am in complete safety,” Stopforth says. “This is why we trade our unit numbers at a significantly higher volume than the general Joburg area and surrounds.”

“Brookfield at Royal is probably one of the most illustrious addresses left in old Joburg.

This part of town doesn’t have a security estate on a golf course” Tim Kloeck, CEO, Tricolt

HOMEFRONT INTERIORS

A space for all seasons A cleverly designed rental apartment in Cape Town ticks all the boxes WORDS: JULIA FREEMANTLE :: PHOTOS: SUPPLIED

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roperty investment in Cape Town has not only borne the brunt of SA’s economic downturn, it has also been influenced concurrently by the rise of the Airbnb phenomenon.

The resultant buyers’ market and the trend towards investing to let as an entry into the property market have led to an influx of rentable properties. This has had a significant knockon effect for landlords, who need to find ways to set themselves apart on the rental scene.

With more choice than ever before, would-be renters can afford to be discerning and set the bar high. The design of a rental property is more crucial as a result – with so many options to compete with, it now comes down to the finer details to stand out in the market.

Bone Studio’s recent overhaul of a Green Point apartment is a brilliant case study of a space with a considered identity as a fluid concept rather than a permanent home.

In conceptualising the project, lead designer Gill Deneys thought of the revolving clientele (global and local) and ranging in terms of their demographic, to ensure the interior has wide appeal and does not alienate anyone. “The owners wanted to set it apart from other apartments in the building but it also had to be neutral enough to have broad appeal,” she says.

LAYERED INTERPRETATION The apartment needed an upgrade first and foremost – from finishes to furniture – to raise it to a level that would satisfy a discerning guest. With practicality in mind (a non-negotiable in

high-traffic spaces with requirements as numerous as its guests), Deneys also factored in the various types of visitors when conceiving the aesthetic treatment and envisioning how the spaces would be configured.

Cued by the existing architectural features of the apartment, which leaned towards the classical (skirting and cornices, for example), she put together an elegant and up-to-date scheme that would please a range of tastes.

The outcome is a layered but understated interpretation of European style, with a traditional foundation and contemporary finishing touches. To create cohesion, Deneys kept the palette simple yet strong and introduced a sense of balance through equal emphasis on new and old. A case in point is the traditionally inspired

herringbone floor offset by clean-lined furniture with textural fabrics and tactile surfaces. The look is smart, with a foot in both classic and minimalist territory.

VERSATILITY This multifaceted aesthetic reflects the multitasking nature of the home too: easy flow and use of space were essential to keep an array of renters happy. Accordingly, the layout is cleverly versatile and caters just as well for a work-oriented trip as it does for leisure activities –a generous dining table, for instance, can host a family meal and serve as a practical workstation ideal for meeting prep.

The beauty of the space is that details have been thought through without the end result ever seeming fussy or overcomplicated – the product of considered and careful design. bonestudio.co.za

Visit Our Furnished Show Apartment 88 OXFORD ROAD, HOUGHTON

Tree Tops is tip-top!

CONSTRUCTION AT TREE TOPS HOUGHTON HAS COMMENCED

PROUDLY DEVELOPED BY

With an emerald green tree top display across the panoramic

The development will comprise of different apartment

views of Johannesburg, sales at the Tree Tops Houghton apartment

configurations to cater for every residential requirement from

development are ‘in full bloom’ with over 60% sold ‘off-plan’ to

55m2 one bedroom units up to the flagship 243m2 three-bedroom

date.

penthouse. Each residence will be fitted out to the highest standards with imported tiles, Hansgrohe fittings and Siemens

“It’s a remarkable result for the development and marketing

appliances, providing a premium urban living experience at a

team’ says Tim Kloeck, CEO of Tricolt, ‘where property buyers

competitive price-point.

are more discerning about where to invest their money, in a very competitive residential marketplace. Naturally, we are

Tree Tops Houghton will combine ‘Urban Naturally’ living

overwhelmed by the sales to-date and we are proud to announce

in the-City-in-a-Forest with first-class amenities, to deliver

that construction commenced on the Tree Tops development in

unrivalled living in one of Gauteng’s most exclusive residential

February 2020, well ahead of schedule.”

neighbourhoods. In addition to the top-quality amenities already

“Luxury Apartments Inspired by the World’s Largest Urban Forest”

available in the Rosebank precinct, residents will also have exclusive access to a range of premier comforts right on their doorstep.

The clubhouse at Tree Tops will feature a host of amenities,

Tree Tops Houghton is a high-quality apartment development of

including a FitZone gym, Skydeck entertainment area, a Lap Pool

architectural beauty, conceived by the acclaimed ’dhk’ architects,

and Fire Lapa area. Developed by Tricolt, a leading developer of

who have won numerous awards for their urban residential

quality residential developments in Gauteng, Tree Tops Houghton

designs. The development will further entrench Houghton as

is set to become one of their fastest selling developments in the

one of the premier residential destinations and its proximity to

residential market at the moment.

Rosebank, a hub of business and cultural wonderment.

Sales: +27 (0)79 304 2218 Email: sales@treetopshoughton.co.za Web: www.treetopshoughton.co.za

LUXURY APARTMENTS FROM

R1 650 000 - R9 000 000

WATER FALL

LIVE IN THE CITY Ellipse Waterfall is the architecturally stunning residential apartment development in the heart of Waterfall City. Invest today, and you will be mixing with the best of companies, in the fastest growing business and residential hub in Southern Africa.

Welcome to the City.

DEVELOPMENT UNDER CONSTRUCTION

Executive one-bedroom apartment start at R1 659 000, to the luxury three- bedroom duplex penthouse at R14 million.

V I S I T O U R S H OW ROO M A PA R T M E N T: Located at the Mall of Africa - Town Square, Entrance 26 O N S H OW DA I LY F RO M 11 A M - 6 PM

Sales: 0861 882 882 | www.ellipsewaterfall.co.za

HOMEFRONT RETIREMENT

Live it, love it A A wrap of retirement hotspots geared towards a lifestyle where less truly is more WORDS: KIM MAXWELL :: PHOTOS: SUPPLIED

Mont Choisy Le Parc Golf & Beach Estate in Mauritius

Zevenwacht Lifestyle Estate in the Cape Winelands, where only 10 homes are still available for sale

ccommodation aimed at mature residents has always offered healthcare access and support.

What’s changed lately is the multitude of lifestyle, wellness and sports amenities being presented.

These days the mantra is “declutter and downscale”.

Then ensure that your new retirement accommodation is maximising what is on offer.

It is about much more than homes at the top end of the property market.

“There’s a strong focus on creating a greater mix of price bands and retirement development, ensuring broader appeal both in terms of available homes and amenities,” says Andrew Golding, Pam Golding Property group CEO. For retirees, scaling back on their household contents is an essential next step when downsizing to a new estate townhouse, apartment or home. Most people find it incredibly difficult to part with furniture and sentimental

possessions collected over 30 or 40 years.

SMALLER, EARLIER An increasing number of South African homeowners are opting to move into smaller properties earlier in life. Contributing factors include convenience, lifestyle changes and security. Urban areas remain popular for staying in touch with friends or extended family. Yet plenty of retirees prefer new locations and a change of environment.

Where are they going?

KwaZulu-Natal has seen a surge in retirement developments designed to attract over-55s. Evergreen Lifestyle will bring its successful life rights retirement estate model to this province when construction starts on three luxury developments by end-2020. Two Evergreen villages in Umhlanga Ridge and Zimbali Lakes near Ballito will house residents in coastal, subtropical upmarket homes, whereas Evergreen Hilton will provide a charming countryside alternative in the Midlands.

HOMEFRONT

TOP 5 RETIREMENT VILLAGES IN SA FOR 2019 Clé du Cap, Kirstenhof Evergreen Val de Vie, Paarl Winelands Helderberg Village, Somerset West Onrus Manor, Hermanus Waterfall Hills Mature Lifestyle Estate, Midrand Source: New World Wealth

Evergreen Val de Vie near Paarl Savvy investors are also buying sectional title apartments along the underdeveloped South Coast. “Value for money is unbeatable here,” says Tyson Properties Shelly Beach branch manager Corky Kirby. “It’s possible to buy exceptional beachside properties with sea views, modern and in excellent condition, below the R2m mark.” Kirby reports a shift to estate living in this area.

A SIMPLER LIFE

“Baby boomers believe less is more and want to downscale their homes while upscaling their lifestyle. Lifestyle retirement villages tick this box” Arthur Case, brand ambassador, Evergreen Lifestyle

Clara Anna Fontein Oasis Life in Durbanville

Unsurprisingly, the Garden Route remains a top retirement destination.

Devmark Property Groups’ The Plettenberg Manor retirement village is 80% sold out. When completed by mid-2021, this sectional title development will offer 102 luxury homes and 24 luxury apartments.

Knysna, too, has retained its appeal to retired buyers at sought-after estates such as Pezula and Simola Golf and Country Estate, according to Golding.

The trend towards downscaling echoes a philosophical need for a simplified lifestyle.

“Generally, once couples retire, they’ve been emptynesters for some time and are looking to clear out their homes and live an easier, simpler life,” says Jawitz Properties Midrand property consultant Sue de Klerk. But smaller homes don’t have to mean a smaller life.

The Waterfall area in Midrand has seen increasing growth over the past year.

Luxury retirement estate options marketed by Jawitz Properties Midrand include a three-bedroom home with a spacious kitchen, underfloor heating and a double garage in Waterfall Valley Mature Lifestyle Estate, listed at R6.8m. De Klerk predicts that the high cost of living and demand for security will see downscaling and emptynesting continue.

REDUCED UPKEEP “Scaling down is never easy,” says Laurie Wener, Pam Golding Properties

senior executive for Cape developments. “The challenges come in making the decision to find a suitable property and adjusting to what you really require when the children have moved out.

“You may also need to accept that smaller is not necessarily cheaper.

There may be a premium on newer, more secure, higher-demand property, but the saving will come in the reduced maintenance and upkeep.”

Many developments put the focus on minimalist homes with multiple amenities within reach.

What makes these so attractive to investors?

Devmark Property Group CEO Hein Ehlers says offering retirees an opportunity to scale down and modernise is one benefit. “Our luxury homes and apartments at Langebaan Manor are spacious enough for retirees to keep those items that are close to their hearts,” says Ehlers.

With estimated completion by the end of the year, this Langebaan development features West Coast architecture in five house types and two apartment options.

DIFFERENT PERSPECTIVE Evergreen Lifestyle brand ambassador Arthur Case’s take is that more mature residents now welcome the opportunity to downscale.

“There is a generational changing of the guard with regard to retirees,” he says.

“The oldest baby boomers are now in their early 70s and their perspective on retirement is very different.”

Many modern retirees remain active, generate an income and travel in their spare time, Case says.

“Yesterday’s retirees were known to hold onto stuff, furniture, memories of yesterday, and tended to clutter their smaller retirement homes. Baby boomers are different: they believe less is more and want to downscale their

Midrand’s Waterfall Valley Mature Lifestyle Estate by Jawitz Properties

HOMEFRONT

The west coast of Mauritius

“With a limited supply of full-ownership retirement villages and a high demand for this type of accommodation, it makes an investment in any well-run development an attractive option” Hein Ehlers, CEO, Devmark Property Group

homes while upscaling their lifestyle. Lifestyle retirement villages tick this box.”

These seniors want new and fresh, not institutional and dated. Slightly smaller modern spaces with state-of-the-art appliances and design such as the luxury homes at Val de Vie Evergreen in the Winelands are a good example, says Case. Phase 1 is operational, with 81 of 640 units now occupied. Here retirees can use the Evergreen communal facilities, including a clubhouse and bowling greens, and access facilities on the greater Val de Vie estate. All Evergreen homes are purchased on a life rights model.

Ehlers says demand for homes in Devmark’s The Retirement Collection developments has proven time and again that retirees can live happy, fulfilling lives. “Our residents are social and enjoy life to the fullest, and our garden and house-cleaning services give them the opportunity to lead a lock-up-andgo lifestyle and travel.

Furthermore, they have the time and space to practise their hobbies and pursue their interests.”

NEW GENERATION Identifying Cape Town’s undersupply of quality offerings, Rabie Property Group developed its Oasis

Life retirement lifestyle residential offering for a “new-generation retiree”.

Its current Northern Suburbs developments include the family estate Clara Anna Fontein near Durbanville and Burgundy Estate between Durbanville Hills and Milnerton.

“We take the utmost care to design practical, contemporary homes with beautiful landscaping and surrounds for an older resident,” says Rabie director Miguel Rodrigues.

Relaxation and comfort should be part of any retirement home design.

“Hospitality in modern retirement villages should match that of the best hotels and holiday resorts, which is why Evergreen recruits from these industries,” says Case. “Evergreen Muizenberg is close to the ocean and feels like an oasis when one enters it.” The development has a 2,000m² lifestyle centre with a lounge and dining area, a salon, a gym and an indoor heated pool with a sun deck.

At Clara Anna Fontein Oasis Life, freestanding homes combine comfort and style on a secure lifestyle estate, where mature residents have views of the Durbanville countryside.

Rabie’s life rights model ensures quality facilities, gardens and common areas, allowing mature residents

to “submerse themselves fully into a great retirement lifestyle”. Of the 60 homes in the first phase, only 25 are still available.

FINANCIAL STABILITY Downscaling can be a mechanism towards increased financial stability.

Ehlers recommends buying now to retire later. “Our estates offer full ownership.

You purchase the property in your name and own it outright, under a sectional title or freehold scheme, which means you can reap the benefits of capital growth and be able to bequeath it in your will.”

Full-ownership property can be purchased at any age but is only let to tenants older than 50. “This will give you an immediate income while you plan your future retirement, but at today’s prices,” says Ehlers. “With a limited supply of full-ownership retirement villages and a high demand for this type of accommodation, it makes an investment in any well-run development an attractive option.”

ISLAND STYLE Of course, some South Africans look offshore to see out their golden years.

Downsizing and decluttering is non-negotiable in these situations. Pam Golding Mauritius staff say they

The Plettenberg Manor, developed by Devmark Property Group come across a number of clients in their 50s and 60s who have worked hard and want to slow down to a more easy-going pace.

Since May 2019, Mauritius has also had a noticeable increase in property purchases that qualify South Africans to apply for permanent residency.

“We don’t have lots of retirement villages in Mauritius,” says Pam Golding Properties Mauritius director Jonathan Tagg.

“What we have observed, though, is that people who’d like to retire in Mauritius

often opt for an estate. One we’ve been selling is Mont Choisy Le Parc Golf & Beach Estate in Grand Baie.”

The estate has two apartment precincts and three precincts with villas. These lock-upand-go homes typically have private swimming pools. The clubhouse and the beach can easily be reached on foot, and residents have access to an 18-hole championship course designed by Peter Matkovich, with a shopping complex and a private hospital close by.

If your retirement plans involve a move to Mauritius, the investment benefits are numerous. Aside from a desirable tropical climate, a safe environment and access to quality medical facilities, the Mauritius Air Corridor makes the island a convenient base for travel between Africa, the Middle East, Asia and Europe.

The government has incentives in place such as a retirement visa, and the country is extremely taxefficient. Combine that with a peaceful island lifestyle and what’s not to like?

011 781 4920 www.flower.org.za

FLOWER FOUNDATION Retirement Homes

info@flower.org.za

Est 1963 NPO 000-836

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Enter into a lifelong partnership with an organisa on who has a solid track record in re rement living.

Contact us to view our villages and to find out why so many people make our villages their lifestyle of choice.

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FLEXIBLE PRICING The retirement industry’s best kept secret.

At Evergreen we understand that the current economic situation places serious strain on retirees needing to sell their family home. This is why we have introduced flexible pricing which means we can offer you a life right on an Evergreen home that is affordable. This reduction is then offset against the terminal capital due to your estate when your Life Right terminates. You may even be able to liberate some capital on the sale of your home which can be used to bolster your retirement savings.

Our team of real estate agents can offer you professional advice and help you secure the best possible price for your family home at a preferential sales commission. All of which ensures a stress-free back-to-back transaction.

CHAT TO OUR SALES CONSULTANTS NOW TO SEE HOW WE CAN ASSIST YOU IN ACHIEVING YOUR ULTIMATE RETIREMENT LIFESTYLE CALL SHARON ON 087 808 7000

info@evergreenlifestyle.co.za

www.evergreenlifestyle.co.za

HOMEFRONT HAVE PASSPORT, WILL TRAVEL The Henley Passport Index ranks the world’s passports according to International Air Transport Association data by the number of destinations their holders get visa-free or visa-on-arrival access.

Here are the highlights:

1. Japan – 191 7. Portugal and the Netherlands, tied – 185 9. Malta – 183 16. Cyprus – 176 29. Seychelles – 151 32. Mauritius – 146 35. Grenada – 142 56. SA – 100

The Seychelles ranks 29th on the Henley Passport Index

HOT TOPIC

Where to from here?

How far would you travel from SA to secure a second home or a foreign passport? We consider Portugal, Mauritius, Seychelles, Grenada, Cyprus, Malta and the Netherlands WORDS: DEBBIE HATHWAY :: PHOTOS: SUPPLIED

M

aking a move overseas, whether for personal or business reasons, requires meticulous research and planning.

With the options available to South Africans wanting to explore new horizons, it helps to fall in love with the destination on a visit for business or leisure.

Today, Portugal, Mauritius and Malta are among those countries that appeal to local investors looking at foreign residency- and citizenshipby-investment (RCBI) programmes as an incentive to relocate.

“Most people who invest in government-authorised RCBI programmes do so to benefit from the flexibility and for additional benefits that are not currently available to them,” says Tim Mertens, chairman of corporate and trust service provider Sovereign Trust SA. “The most important thing is not to make lifechanging decisions based on a friend’s recommendation.

Take advice from experts

who can unpack the various country and investment options available to you based on your needs.”

For some, mobility will be a deciding factor. A good point of reference is the Henley Passport Index, which ranks passports according to the number of destinations their holders can access without a prior visa. Countries offering CBI programmes hold strong on the list, with Malta leading the group in ninth place.

Another useful reference is the Global Social Mobility Index 2020, designed by the World Economic Forum (WEF) to measure social mobility worldwide. Most economies are failing to provide the conditions in which their citizens can thrive, often by a large margin, says the WEF. Its report benchmarks 82 global economies according to social mobility and equality of opportunity with the aim of encouraging policy-makers to promote economic growth by improving both. The Netherlands ranks sixth on

this index, whereas Malta ranks 17th, Portugal 24th, Cyprus 29th and SA 77th.

The benefits of living in Malta include ease of access and close proximity to mainland Europe, the UK and the US, as well as excellent infrastructure, lifestyle and climate. English is widely used in business.

The cost of residency starts at €30,000, with an investment of €150,000 into government bonds that must be held for five years as well as property investment for €320,000 upwards. Cost of citizenship ranges from €650,000 to about €1m for a family of five.

Portugal is among the most popular destinations for South Africans who want to benefit from greater tax efficiency, investment and business opportunities, an improved lifestyle, more education options and greater freedom of movement. Real estate investment remains one of the easiest ways to get Portuguese residency, with a minimum investment of €350,000.

HOMEFRONT

“The most important thing is not to make life-changing decisions based on a friend’s recommendation. Take advice from experts who can unpack the various country and investment options available to you based on your needs” Tim Mertens, chairman, Sovereign Trust SA Prata Riverside Village, Portugal

Kimpton Kawana Bay, Grenada

Mont Choisy Le Parc Golf & Beach Estate, Mauritius

Meanwhile Mauritius continues to woo South African investors with its proximity to home turf, an attractive tax regime and a laid-back lifestyle. The island ranks 13th among 190 countries in the World Bank’s latest Ease of Doing Business report. This island nation also holds the top spot in Africa and ranks second among middleincome economies, behind Malaysia. In Mauritius you can invest in prime property from $160,000 or secure permanent residency for you and your immediate family with an investment of $500,000 or more.

Grenada is an idyllic destination with a tropical climate year round, pristine beaches and lush landscapes. Here CBI can be secured in under nine months. You don’t need to visit the country during the application, the processing fees are minimal and

no physical residency is required. The Granadian programme requires a minimum investment of $220,000, and no interview, management experience or qualifications are necessary. The country has a source-based tax system, so citizens who are tax resident are not subject to Grenadian tax on their foreign income, nor do they pay wealth, gift, inheritance or capital gains tax.

In the Seychelles, the draw cards are awardwinning beaches, lush tropical forests and an innovative approach to marine protection. The archipelago achieved 4.1% economic growth in 2017, ranked second out of 54 African countries for overall governance and has the highest GDP per capita in Africa. There is no capital gains tax, and no transfer duty or stamp duty on the purchase of new homes.

If you’re after that second passport, you’ll likely get it fastest (within six months) through the Cyprus CBI programme, which requires a minimum investment of €2.15m (€2m into real estate and two €75,000 donations to government funds).

Dependent children up to age 28 and the investor’s parents qualify. Citizenship is for life and passed down through descent.

Cyprus is economically stable and politically secure.

The lifestyle is similar to that in SA: golf courses are world-class and the countryside is beautiful.

There are 65 blue-flag beaches, the cleanest seas in the Med and a mountain range where it snows for three months.

You can also get permanent residency within two months via the fasttrack residency programme with a minimum property investment of €300,000.

Three generations qualify (including children up to the age of 25 and both sets of parents) yet there is no requirement to live in Cyprus or be domiciled there for tax purposes.

Permanent residency is for life and never requires renewal. Properties can be let in both instances.

The Netherlands offers a three-year residency permit to foreigners who are willing to invest a minimum of €1.25m in a Dutch business, boost the economy and create jobs.

After five consecutive years of permanent residency, applicants are allowed to apply for Dutch citizenship.

However, they must be able to speak Dutch and are often required to renounce their original nationality.

HOMEFRONT

WHAT DO THE PROPERTY EXPERTS SAY?

Cyprus

Citizenship in Europe is now a reality for those investing in Portugal’s Golden Visa programme, which offers residency via investment in property.

“The first Portugal citizenship has just been issued, with more due to be granted in coming months,” says Chris Immelman, MD of Pam Golding International.

“We have 340 South African families in the programmeat at the moment, so we are delighted with that news.”

If you’re serious about the Golden Visa programme for Lisbon and Porto, you need to get going – it is not likely to apply in these cities from next year, but will continue in other areas of the country where government believes the market needs stimulation.

“Our latest development is Prata Riverside Village in Lisbon,” says Immelman. It is designed

by Renzo Piano, who

Brian Gradner, projects sales manager, Pam Golding International

designed the Pompidou Centre in Paris, and was named the best development in Portugal in 2019. Prices start from about €400,000.”

“Mauritius has proven to be a very strong offshore investment for South Africans who invested here five to 10 years ago,” says Pam Golding Properties (Mauritius) director Richard Haller. “For example, since the launch of Mont Choisy Le Parc Golf & Beach Estate, some villa owners have seen up to 60% growth at resale, while on average in Grand Baie we have seen 7% per annum capital growth over the past five years.” This development forms part of the planned Mont Choisy Smart City, which will link the villages of Grand Baie and Mont Choisy with a boulevard and a parkway.

Meanwhile Moka Smart City is the residential and commercial investment hotspot for Mauritian and

Chris Immelman, MD, Pam Golding International

international property investors. Over the past decade, its annual rental office and residential yields have been 9% and 6.5% respectively, with capital gains on residences at 7% per annum.

Its recent Smart City certification makes Moka Smart City, developed by ENL Property, accessible to international investors.

“Properties in the current residential sales phase are one- and two-bedroom apartments priced from $107,565, which don’t qualify buyers for residency because they’re below $500,000,” says Rob Hudson, ENL Property representative for SA. “However, these units are suited to South Africans looking for secure, affordable, high-performing offshore property investments as a retirement property or a home for their children studying at the likes of Curtin University, an Australian facility that already has a campus in the Moka Smart City.”

Jenny Ellinas, founder and MD, Cypriot Realty

“Cyprus is a popular choice for investors because the property acquisition secures either permanent residency or a second citizenship thereby creating a real legacy,” says Jenny Ellinas, founder and MD of Cypriot Realty. “Rental demand is high in Cyprus thanks to the lifestyle, the low cost of living and access to Europe. There is no language barrier; it is one of the safest countries in the world and has a robust national health system. If a Plan B in Europe is on your radar, Cyprus is a country worth investigating.”

“The jewel in the crown of the Seychelles is Eden Island, a residential marina development just off the coast of Mahe. With more than 40ha of island paradise, 16ha of waterways and four secluded beaches, it is a perfect base for fishing, sailing and diving.

It marries an attractive lifestyle with all the benefits of a sound offshore

Richard Haller, director, Pam Golding Properties (Mauritius)

investment that offers purchasers proven capital growth and annual rental yields, with the bonus of enabling them to apply for residency,” says Pam Golding International projects sales manager Brian Gradner.

At Kimpton Kawana Bay, a 12-minute drive from Grenada’s international airport, sales have been brisk, with almost 200 transactions concluded in the first three phases of this five-star branded resort development.

“The freehold condos are priced from $220,000 and comprise onebedroom units and studios, including two weeks’ free usage per year,” says Immelman.

“Your property is put into the hotel rental pool for the remainder, earning an annual return on your behalf via Kimpton Hotels Intercontinental Group.

Investors can disinvest after five years.”

Rob Hudson, ENL Property

HOMEFRONT PROPERTY NEWS

Evergreen launches flexible retirement purchase pricing

E

vergreen Lifestyle retirement villages has introduced flexible retirement purchase pricing. This new initiative makes the same property available for purchase at different prices, while allowing the purchaser to determine the price of life rights on a new house or apartment.

In light of the current weak property market, Evergreen has decided not to sell the standard

life rights at the usual market-related price, with the original capital to be returned to the life rights holder’s estate on termination, but instead to offer life rights on a new home at a discount of up to 30%. To ensure the prospect is viable, the capital returned to the life rights holder on termination is reduced to compensate for the price reduction.

“Being able to move into an Evergreen home at a

reduced price will allow you to lower the price on the sale of your family home, leaving you in a cash-neutral position,” says Evergreen Lifestyle brand marketing director Arthur Case.

“This is only possible thanks to the financial strength of the Evergreen Group. There is no other retirement village developer able to offer flexible pricing on this scale, making the product unique.”

Montenegro approves first citizenship-byinvestment application

T Multibillion-rand project planned for Waterfall

J

SE-listed Balwin Properties has announced the development of Munyaka, a R9bn development in Waterfall, Midrand.

“Munyaka, which translates to ‘crystal’ in Venda, is set to be the crown jewel in our development portfolio,” says founder and CEO Steve Brookes. “We’ve worked closely with our architects to bring something exceptional to South African sectional title buyers and believe it will set a new standard for lifestyle estate living not only in Waterfall but indeed in the country.”

Construction is under way, with the balance of apartments being rolled out over the next eight years. Balwin is also investing significantly in road infrastructure around

Munyaka, having already completed Mia Drive at a cost of more than R100m.

Balwin recently concluded an exclusivity agreement with multinational company Crystal Lagoons for the development of freshwater lagoons in six strategic nodes in Joburg, Pretoria, the Dolphin Coast, the Western Cape and Mbombela. The innovative Crystal Lagoons concept is patented in 190 countries and allows for the construction and maintenance of bodies of water in crystal-clear conditions at low cost, regardless of their size.

The Crystal Lagoon at Munyaka will be the largest in the southern hemisphere, covering an area of about seven rugby fields. The project will include a landmark 50m high tower

with amenities including a 50-seater restaurant and conference facility with a commanding view of the Johannesburg skyline, a zipline into the lagoon and a heated pool fed by the lagoon. A wide range of nonmotorised water sports activities will be available through the lifestyle centre.

All residents at Munyaka will enjoy biometrically controlled access to the lagoon and a six-star green-rated VIP lifestyle centre where they can use the gym free of charge, as well as a spa, a cinema room, meeting rooms, restaurants, laundromats and concierge facilities.

Free Wi-Fi will be available at the lifestyle centre and around the Crystal Lagoon beachfront area, where cellphonecharging facilities will be offered at pergolas.

he first citizenship approval under the new Montenegro Citizenship-by-investment Programme has been announced. It has taken 90 days from the submission of the family’s application to final approval.

The programme aims to attract foreign investment and increase economic activity in the country.

Applicants must invest in an approved development project and make a capital contribution to a government-designated fund to qualify.

Montenegrin citizens have visa-free or visaon-arrival access to all Schengen countries as well as Russia and Turkey.

Moreover, the Balkan state is a member of Nato and an

official candidate country for EU membership.

Sable International, a provider of Portugal’s Golden Visa programme to South Africans, is now able to assist with Montenegro citizenship too.

Its Montenegrin property development partner will be in SA soon to discuss a new opportunity in the Bay of Kotor.

HOMEFRONT PROPERTY NEWS

De Plattekloof sales pass R360m mark

D

e Plattekloof Lifestyle Estate, a five-star retirement development for over-50s, has recently had much sales activity and expanded offerings across its collection of apartments and homes.

Sales at this development, situated on the slopes of the Tygerberg Hills in Plattekloof, one of Cape Town’s sought-after Northern Suburbs, now exceed R360m.

“The Tijgerzicht, De Plattekloof’s assisted living apartments, are 60% sold out. This complex includes a luxurious lounge, dining and bar area, as well as a state-of-the-art healthcare centre managed by Medwell SA,” says Johan Laubscher of Arun Holdings, which collaborated with Old Mutual Alternative Investments to develop the estate. “Our luxury independent living

apartments, Lebenstijn and Diemerskuijl, are also now complete and ready for occupation.”

Luxury homes from De Plattekloof’s Exquisite Homes portfolio are ready for sale too. These include high-end specifications such as Smeg built-in ovens, hobs and extractors, and integrated fridges.

De Plattekloof Lifestyle Estate properties are sold with full ownership.

Radisson Blu expands Indian Ocean portfolio

T

he Radisson Hotel Group’s Radisson Blu, the fastest growing hotel brand in Africa, has surpassed its expected Indian Ocean development objective of doubling this portfolio by 2022, and is now aiming to triple it in 2020. The Indian Ocean is a key market in the group’s

African development strategy, with seven hotels in operation or being developed in the region.

This forms part of Radisson Hotel Group’s African portfolio, which comprises almost 100 hotels in operation and under development across 33 markets.

Already established in Mauritius, the group has expanded to two other Indian Ocean islands, Madagascar and Reunion.

“Our development strategy in the Indian Ocean focuses on leisure and business segments for resorts, hotels, serviced apartments and

mixed-use developments across our five hotel brands. Seychelles is the next priority island in the group’s expansion strategy,” says Erwan Garnier, Radisson Hotel Group senior director of development.

“As part of our aggressive African development plan,

65% of our future hotel supply will come from our newer brands, specifically Radisson, which is positioned in the full-service upscale segment and already gaining significant traction across Africa, and Radisson Collection in the affordable luxury segment,” Garnier says.

“We will continue in the lifestyle upscale segment of the market with the Radisson RED brand, building on the momentum gained by the success of the Radisson RED in Cape Town, and will keep taking advantage of the success of Radisson Blu, our flagship upper upscale brand.”

New development launches in Newlands

S UK work visas set to become more accessible

I

n an effort to remain globally competitive, the UK has scrapped its dual EU and non-EU visa system in favour of a new skills-based immigration system that gives South Africans easier access to UK work visas.

According to Ryan Rennison, managing director of Move Up, a UK immigration agency for South Africans, this is not only an opportunity to acquire UK work visas but could also lead to permanent UK residence.

The new system is based on applicants’ skills and and qualifications, rather than their nationality.

“The playing field has now been levelled,” says Rennison. “All nationalities will be required to apply for visas under the same skilled worker’s route. The major difference is that applicants need to have sponsorship from a UK employer before applying.”

Prime Minister Boris Johnson has indicated that he intends to reduce the usual minimum salary requirement to be eligible for this visa from £30,000 to £25,600 per annum.

The most significant changes to the system, according to the Home Office’s UK Visas and Immigration (UKVI)

department, include: The skills threshold has been lowered to intermediate level skills at RQF 3-5 level (A-level or equivalent); The Resident Labour Market Test for the Tier 2 (General) visa has been scrapped; The cap on the number of work visas issued annually has been removed.

Although another new type of UK visa has been made available that allows workers with any skills to work in the UK for a year, it is limited to citizens from specific counties. It has not been confirmed yet whether SA will be on this list.

• •

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ustainability and safety are at the heart of Newlands Peak, the latest residential development by Rawson Developers in Newlands, Cape Town.

“We are excited to start with this project,” says Rawson Developers’ Brad Morgan. “The vision is to set a new standard in sustainably designed and community-focused living.”

Newlands Peak is within walking distance of the Claremont financial district and a short drive from some of the top schools in the Western Cape.

Comprising 232 luxury apartments over 11 floors, the geometric-designed block will be flanked by two avenues with mature trees, creating a green urban environment with contemporary spaces,

modern amenities and facilities including a coffee shop and restaurant, two heated rooftop swimming pools, a fully equipped gym, a yoga deck and a running trail.

Safety is a top priority: secure parking, 24-hour CCTV surveillance and biometric access control are part of the deal.

Sales will launch on April 21.

SOMERSET WEST

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Clubhouse with gym, pool and bar area

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Close to world renowned wine farms

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Shared workspace, high-speed fibre and meeting room

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Excellent schools and shopping malls

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Early Learning Child Development Centre

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Neighbouring the Vergelegen Plein

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Security with biometric access control and thermal cameras

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Eco-friendly living with grey water filtration

Easy access to the national road and Cape Town International Airport

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Tiered electricity options

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Ideal investment and rental opportunity

Show house: Wed: 16h00-18.30, Fri: 16h00-18.30 Sun: 14h00 - 17h00 / View by Appointment.

APARTMENTS

TOWNHOUSES

HOMES

1 and 2-Bedroom Starting from R1.195 million (VAT incl.)

2 and 3-Bedroom Starting from R1.895 million (VAT incl.)

2 and 3-Bedroom Starting from R2.395 million (VAT incl.)

Pam Golding Properties Somerset West 021 851 2633 somersetwest@pamgolding.co.za Visit pamgolding.co.za/mzuri for more details

Exclusively marketed by:

WATERFALL | GAUTENG | SOUTH AFRICA