Local property experts talk about the developments happening in the Atlantic Seaboard in 2017.
What are the current development trends on the Atlantic Seaboard?
The Atlantic Seaboard shows resilience and capital growth that’s creating tremendous wealth for investors and homeowners. The proximity to world-class facilities and infrastructure such as the promenade, Urban Park, golf course and V&A Waterfront has put the Atlantic Seaboard into a league of its own. A major trend that we’ve witnessed in new developments is the number of purchasers wanting the flexibility to Airbnb their apartments. Security, convenience and quality are all non-negotiables. Purchasers are also placing large value on having generous terraces allowing for the seamless transition between indoor and outdoor living, and are paying significant premiums for penthouses with exclusive roof decks with pools and entertainment space.
David Sedgwick: MD, Horizon Capital Residential
What are your plans for 2017 in the Atlantic Seaboard area?
The trend towards urban densification will continue and we anticipate increased demand for apartments and aerial estates, especially along the Atlantic Seaboard considering its spectacular views and space constraints. This presents BBG with an excellent opportunity for new developments and redevelopment of existing buildings into contemporary apartment blocks specifically designed to maximise views and support modern conveniences, while also incorporating the latest building techniques and energy-saving technology. With any new BBG development, our underlying objectives are to enhance the area, improve the values of surrounding properties and create landmark buildings that the community can be proud to call their own.
Paul Berman: CEO, Berman Bros Group
What makes Blok developments different?
Blok is about more than just urban property development; we are about urban homes, urban living and design. We care just as much about the communities in which we develop as we do our developments and homeowners. Each development is designed uniquely, shaped by its context and environment, hence each development looks different while being identifiable as a Blok development. Our apartments are intuitively designed, what we have termed Thoughtful Design. This speaks to the fact that we design and develop from empathy as we are apartment dwellers ourselves. We understand how precious every square metre is, so we design functional urban homes that are beautiful.
Jacques van Embden: MD and co-founder, Blok
This article originally appeared in Neighbourhood, Sunday Times.
Take a spectacular tour through the Atlantic Seaboard:
