EXECUTIVE UPDATE  |  January 2015


Dear Subscriber,

“The year has started where 2014 left off with demand for our properties continuing to show solid growth, and the world economic situation looking promising for South African real estate.

"A recent study from the World Bank showed that, historically, a 30% drop in the price of oil boosts global GDP by 0,5% in the medium term. So if oil stays at these levels, global growth could be as much as 1% higher than expected in the next two years!

"South Africa is one of the countries that should benefit significantly from this boost. In fact, data from Oxford Economics shows that an oil price of $40 a barrel could add as much as 1% to South Africa’s GDP. This means more money in everyone’s pocket and reduce the Reserve Bank's inclination to raise interest rates.

"This is very positive for the residential market. We are also seeing the number of South Africans entering the property market for the first time is showing a healthy upward trend.

"Cape Town experienced an incredible holiday season, demonstrating once more what a special destination the Mother City is for local and international visitors, and fuelling the demand for property ownership here.

"At Signatura, we’re kicking off the year with the launch of our seventeenth project: The Brittany in Upper Sea Point on High Level Road. Rental demand in this popular suburb continues to grow, outpacing the supply and driving an increase in rentals. 

"This will support the market in the CBD and the City Bowl, where we are seeing more and more consumers wanting to live, work and play. Signatura will be announcing two ground-breaking City Bowl projects in the near future – watch your inbox for more details soon!"


John Rabie


THE BRITTANY, SEA POINT:
SUPERB ARCHITECTURE IN A GREAT LOCATION
With only a handful of properties left for sale in our recent Atlantic Seaboard developments, Signatura is proud to introduce The Brittany,  a new Juan Bernicchi stunner set in one of the very best sites High Level Road has to offer.

The building consists of seven two-bedroom apartments and one mind-blowing penthouse. Great views, plenty of secure basement parking, hi-tech security and hi-speed connectivity contribute to making this the perfect springboard for a wonderful Atlantic Seaboard lifestyle.

FEATURES

The contemporary design of The Brittany makes a bold architectural statement. Expansive terraces command incredible views of the Atlantic Ocean and Signal Hill, while the western boundary of the site borders the landscaped Mount Nelson Steps. Residents will enjoy plenty of parking in two secure basements, one off High Level Road and the other off Calais Road. Fibre-optic connectivity and a CCTV camera system with online access add to the convenience of this tech-savvy building.

LIFESTYLE

Designed as a modern, multi-level building that gives owners maximum privacy, views and plenty of outdoor space, The Brittany still provides the security and convenience of apartment living. Sophisticated, convenient, and cosmopolitan, this spectacular block offers a healthy and secure lifestyle, within easy walking distance of the ever-popular Sea Point Promenade and the added bonus of a MyCiTi stop right outside the entrance.

With prices starting at R3,5million, this is an ideal opportunity to secure a blue-chip Atlantic Seaboard asset with exciting upside potential.  If you are interested, please contact Anton on 083 506 7829 or Enver on  082 263 3337 as soon as possible to avoid disappointment.

To view Floor Plans and a Price List, click here.
To download a detailed Information Pack and Price List, click here.
RESIDENTIAL DEMAND IN CBD ON THE RISE
Demand for apartments in Cape Town's Central Business District hit record levels last year, and according to a number of area experts, the trend is set to continue in 2015, driven by high demand and limited stock on the market.

Ian Slot, MD of Seeff’s Cape Town City Bowl: “By late last year, just over 520 unit sales were recorded for the area, more than double the highs of 2009 (260 units), and about 10% ahead of 2013’s figures. The total of around R970 million was also well over double the value generated in 2009 and about 30 percent up on 2013’s value.”

Laurie Wener, MD of Pam Golding Properties Western Cape Metro said the agency had experienced an increase of 4% in unit sales, but a hike of 15,7% in value, which pointed to “good capital growth in the residential property market. The relatively low unit sales were the result of acute stock shortages in the majority of areas and in all price ranges.”

Evangelos Doucas of RE/MAX said interest in the City Bowl and surrounding suburbs remained high, with limited space to build. “This has resulted in escalated development projects in an attempt to densify the city as much as possible. Executives also prefer a simpler and less stressful lifestyle by avoiding long traffic jams and opt for smaller and more secure sectional title spaces.”

BREAKING NEWS...
SIGNATURA SET TO SHAKE UP CBD!

Watch this space for news of Signatura's next exciting City Bowl project. Details are still under wraps, but we're confident that this is going to be one of Cape Town's most significant inner city developments since 1652!


For sales enquiries, email  Anton McElhone or phone him on 083 506 7829.

For development opportunities, email John Edgar or phone him on 083 270 2434.