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Its fun to look back over the trends that have driven urban and leisure
property developments and to try and fathom what might happen in the
future. Cluster developments have only been popular since the eighties.
Before that people only had the choice of freehold or sectional title
flats. Today there are a myriad of different lifestyle choices that
can be made.
Property owners and developers continue to come up with ways that reflect
what society wants. These changes in property uses and consequently
values cause migrations of people from one lifestyle or location to
another.
The last 30 years saw people moving away from the urban environment
into suburbia with picket fences, kids and pets. Nowadays there is a
migration back to those very places that were abandoned. There is a
renewal of inner cities and conversions of defunct industrial areas
into trendy loft living and urban living.
Between these two migrations there are numerous developments in property
ownership. The cluster was the big shaper in the nineties and the new
millennium. People were looking for alternatives to the freehold or
sectional title choice. Safety concerns in the eighties helped overcome
a resistance to communal living and developers found ways of creating
innovative ways of adding value to a cluster living environment.
The higher density of living allowed shared facilities within this
safer environment. Space and a certain amount of privacy are traded
for security and a communal pool and a clubhouse. Other yuppies still
resisted and held out for more privacy while still demanding the security.
Freehold cluster and townhouse developers satisfied this section of
the market.
The affluent were neglected amongst all this development and it took
a bold step by Fourways Gardens to wall an entire suburb and become
one of the first in affluent estate living. The affluent golfers soon
got their own havens. Now golfing estates are becoming passé
and its eco and equestrian estates that attract the early adopters of
new lifestyles.
Long work hours and increasing traffic congestion lures the young yuppie
back into the urban environment with mixed-use precincts driving the
urban renewal in South Africa. From Newtown to Auckland Park, Melrose
Arch and Mandela Rhodes Place, these developments cover prices to suit
most pockets. Here we have work, shopping, entertainment and living
all intertwined almost like the villages of old.
In this property boom cycle it's amazing to watch suburbs transform
themselves from large freehold stands to smaller affluent clusters.
New neighbourhood shopping arises with the needed gym, grocer, coffee
shop and ATM down the road.
The last 30 years has seen society move from the single-family laager
to the communal laager to the laagers within laagers and now slowly
self-sufficient neighbourhoods are matching these laagers. It will be
interesting to see how these changes continue as our societal demographics
change.
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