EXECUTIVE UPDATE  |  October 2014


Dear Subscriber,

“As we approach the year-end, the Cape Town property market is starting to show marked strength and resilience. Agents continue to report shortages of stock in and around Cape Town and we are seeing a resultant increase in prices.

"One of the reasons for this powerful resurgence is that Cape Town has become a world-class destination, resulting in many visitors discovering the incredible natural beauty of the Mother City.

"The shortage of stock can in part be linked to extremely lengthy delays in approval processes, which has resulted in the dearth of new developments in Cape Town. This has seen prices increase especially in sought-after areas around the City Bowl and the Atlantic Seaboard.

"Another reason for the increased activity is that the banks are starting to loosen the purse strings at last and are more amenable to mortgage lending.

"A further factor is that many investors are now looking for opportunities outside of the stock market, and prime real estate is clearly re-emerging as an asset class that offers security, income and long-term growth.

"After another action-packed year, we are currently releasing our sixteenth Signatura project, The Sentinel, at the top of Clifford Road on the upper slopes of Signal Hill above Ocean View Drive.

"The Sentinel will comprise a total of six stunning contemporary apartments with panoramic, north-facing views across the sea towards Robben Island.

"We have no doubt these exceptional residences will sell as quickly as those of the neighbouring Reserve.”


John Rabie


THE SENTINEL. AN EXCEPTIONAL BUILDING IN AN EXCEPTIONAL LOCATION!
With our trio of residential projects in Avenue le Sueur now virtually sold out, and 53 on Kloof about to follow suit, Signatura is proud to introduce The Sentinel,  a contemporary residential building situated in Clifford Road, Sea Point, high up on the slope of Signal Hill, at a fascinating interface between natural and city landscapes. This outstanding location offers an enviable combination of suburban tranquility and urban convenience. While the peace and quiet of Signal Hill’s majestic natural beauty pervades the site, the lifestyle hotspots and retail convenience of Sea Point and Green Point are close at hand, while Cape Town’s CBD is easily accessed in minutes via Ocean View Drive and High Level Road.

FEATURES

This stunning contemporary building designed by MLB Architects comprises four two-bedroom apartments and two magnificent three-bedroom penthouses. All the units have terraces and balconies that open up the views towards sea and mountain, and are fitted with high-end finishes and appliances. Bathrooms and kitchens are crafted with modern and natural materials. Sliding shutters protect interiors from the harsh sun and ensure privacy. Provision is made for two parking bays per apartment in the secure basement parking area, while a lift provides secure vertical circulation from basement up to penthouse level.

LIFESTYLE

The Sentinel offers inner city living with all the outdoor attractions that Cape Town has to offer, starting with incredible views of the Atlantic Ocean and walks in the beauty of the Signal Hill mountain reserve. The building offers intelligent and sustainable living with energy-efficient fittings and lighting throughout the building. Spacious living areas opening out onto terraces, decks and private garden areas promote healthy indoor-outdoor flow, with a strong emphasis on contemporary design of the highest standard.

With prices starting at R5,95 million, we are confident that The Sentinel will join our list of SOLD OUT apartments very shortly. So 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.
ATLANTIC SEABOARD STARTS TO SIZZLE!
A wide variety of Atlantic Seaboard property specialists are reporting a significant upturn in activity in this sought-after residential area, with surging demand and limited stock driving property values sharply upwards.

Ian Slot, Seeff: "Sectional title properties now sell almost as fast as they are listed and for close to or at the full listing price."

Propstats: "The average sales price of Atlantic homes is now R5 552 808 – an increase of close to 8% year-on-year."

Sandy Soller, Rawsons: "The price rises reflect the growing demand for home throughout this precinct and the shortage of stock."

So whether you're looking for the appeal of Atlantic Seaboard living, or a blue-chip real estate investment with strong rental returns and buoyant capital growth prospects, now's the time to get into the market!

BREAKING NEWS...
THE BRITTANY COMING SOON!

Watch this space for news of Signatura's next exciting Atlantic Seaboard development, The Brittany. We can't reveal too much detail yet, but we're confident that The Brittany will offer superb value and all the hallmarks of Signatura's success: great architecture, great location and great lifestyle.


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.