West Rand security estates in demand

Units in security estates in the Ruimsig area on the West Rand are in strong demand and selling well.

The Chas Everitt International sales manager in the area, Estelle Marais, says sales have picked up strongly in the past year on the back of several new developments, and that with many estates now nearing completion, sales have gained further momentum.

She says units in especially the Ruimsig Country Estates have mushroomed over the past 12 months. “This development is nearly complete and resales are appearing in the market, while vacant stands are scarce,” she says.

“Our dynamic team, consisting of Valma Cameron, Annie de Klerk and Derek Salkeld, recorded solid sales over the recent holiday season and are reporting sustained demand among upmarket buyers since then.”

Home prices in Ruimsig Country Estate vary between R1m and R4m while stands cost around R800 000. Marais says young professionals and top businessmen make up the majority of buyers. “They are attracted by the secure lifestyle as well as the excellent design of the estate and can afford property here, which may be beyond the reach of average salary earners.

“A further plus is that the estate, near the new casino, gives easy access to the R28 highway, which means that residents don’t get snared in too much suburban traffic during rush hours.”

Marais adds that brisk sales are also being recorded in Ruimsig’s Willowbrooke Estate and Pinehaven Estate. “There is a good supply of units – we currently have more than a dozen on our books that would suit a wide range of budgets and tastes,” she says.

Articlre by: www.chaseveritt.com



Newsletter: 12 March to 19 March 2010 - Vaal Triangle, South Africa
Newsletter 12 March 2010
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