PROPERTY NEWS, REPORTS AND DREAM HOMES FOR SALE

DOUBLE DUTCH

TEXT Genevieve Putter, supplied PHOTOGRAPHS Supplied

This underground parking lot in Katwijk aan Zee, Netherlands, is a classic

case of modern architecture with a dual function: its a garage that solves
an environmental hazard. While it helps to accommodate the annual influx
of tourists with 663 parking bays, its built beneath sand dunes and protects
the towns 3 000 residents against floods. The project won Dutch firm
Royal HaskoningDHV an award for 2016s Best Dutch Building of the Year.
royalhaskoningdhv.com

www.realestatemagazine.co.za

SEPTEMBER 2016

48

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PLANNED PORTRAITS
Long before the first brick is laid, a floor plan is designed. Architect, graphic
designer and illustrator Federico Babina has created artistic interpretations of
these plans to capture the work of some of the worlds best-known architects
Le Corbusier, Gehry, Van der Rohe, Hadid placing the simple geometric
designs against bold backgrounds. federicobabina.com

ALL ABOUT COMMUNITY

In a milestone land restitution settlement, Richmond Park is
a multibillion-rand mixed-use property development in Milnerton
one of the largest of its kind in Cape Town to be developed on
a 84ha site. The land is owned by the Richmond Park Community,
which was forcibly removed between 1972 and 1984. In 2014, it was
transferred back to the community, comprising 401 families spanning
five generations.
In a major boost for employment in the area, 120 people have
graduated with new skills as part of the Richmond Park Treasury
Trust development programme. The candidates completed training
in various disciplines in the building industry, with companies involved
in the development of Richmond Park already taking on graduates.
Over the next five to 10 years, during the construction period alone,
Richmond Parks development should create some 15 000 jobs.
Leading South African property investor and developer Atterbury,
as well as the Richmond Park Communal Property Association,
Qubic 3 Dimensional Property and Bethel Property are behind
the project. atterbury.co.za

AREA SPOTLIGHT> LLANDUDNO

This report provides a current snapshot of the Llandudno residential property market.

DEMAND INDICATOR METRICS

MEDIAN ASKING PRICES

n Sale listings Properties listed for sale in

Llandudno comprise approximately 3% of the
total sale listings along the Atlantic Seaboard.
Approximately 3% of the interest (views) in
properties for sale along the Atlantic Seaboard
is attributable to properties for sale in Llandudno.
n Rental listings Properties listed for rent in
Llandudno comprise approximately 2% of the
total rental listings along the Atlantic Seaboard.
Approximately 2% of the interest (views) in
properties for rent along the Atlantic Seaboard
is attributable to properties for rent in Llandudno.

n Sale listing The median asking price for

residential property is R10.5 million for a house.
n Rental listings The median asking prices
for residential property are R13 750 for a flat/
apartment and R41 120 for a house.
n Sales R2 753 100 000
n Rental R817 000

PROPERTY TYPES
n Sale listings A typical property for sale in
Llandudno is a four-bedroom house, currently
with a median asking price of R16 925 000.
n Rental listing A typical property for rent
in Llandudno is a four-bedroom house,
currently with a monthly median asking
price of R60 000.

BUYING VS RENTING
The monthly bond repayment to purchase
a typical property in Llandudno, namely a fourbedroom house, with the median asking price
of R16 925 000, is R168 976 per month over
20 years at prime of 10.5% with no deposit.
The median asking rental for a four-bedroom
house in Llandudno is R60 000 per month.

The findings presented above represent a current

snapshot of properties available on the Private
Property portal. The house type complex consists
of townhouses, clusters, duplexes and simplexes.

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PROPERTY INVESTOR

GREEN

MEANWHILE, ALONG THE NORTH SHORE

With construction of the first phase of Sibaya Coastal Precinct underway, KwaZulu-Natals northern
coastline will reach a new standard of residential developments. The projected completion date is
15 to 20 years time, with the project, developed by Tongaat Hulett, set to be a mixed-use lifestyle
development covering 1 000ha of land between the Ohlonga and Umdloti River estuaries. It will also
be in close proximity to Umhlanga and King Shaka International Airport.
Because of the idyllic surrounds of beaches and coastal forest, Sibaya Coastal Precinct will prioritise
the environment and its preservation. Sixty per cent of the land will be rehabilitated and the coastal
dune forest of Hawaan within the developments borders will be protected. The 75km of paths, trails
and boardwalks will provide access to the 6.5km of beach and forests. A central green boulevard with
cycle lanes will also feature. discoversibaya.co.za

HOME IMPROVEMENTS:
INSIDER INPUT
Renovations, in the end, are rewarding and
worthwhile and ultimately add value to your
property. The process, however, can be headacheinducing and drawn-out, good reason to consider
a drywall system. Construction time is lowered,
which means less time dodging the builders,
and theres also less material waste. The amount
of water needed to install drywalls is also far less,
making it an environmentally friendly alternative.
For spaces that tend to be damp and cold, such
as south-facing bathrooms and kitchens, Gyprocs
RhinoBoard MoistureResistant is a feasible product
option and is warmer to the touch. The moistureresistant, lightweight gypsum plasterboard includes
water-repellant additives and can be used to dryline
internal surfaces. A range of alternative products,
along with helpful tools and demos, are available
online. gyproc.co.za

A HAND-PICKED COLLECTION
OF MAGNIFICENT PROPERTIES

RESOURCE EFFICIENCY NEEDNT

COST A FORTUNE
TEXT Patrick Cairns

inimising our environmental impact

has become a great concern for
many people and its a growing
imperative for many homeowners,
too. More and more South Africans
are interested in how they can reduce
their water and electricity usage, and
find more sustainable ways of living.
You dont need to spend your life savings to be more
energy efficient, though: in fact, you can take the first steps
free of charge simply by better understanding your present
consumption. Awareness and family unity can immediately
begin to increase performance with no cost to the homeowner,
says Sathia Govender, an architectural technologist at SaintGobain. These include steps such as turning the temperature
of the geyser down, taking shorter showers, switching off
lights when you dont need them, optimising natural daylight,
reducing the ironing pile and reconsidering the operation
of the pool pump.
To really impact your energy and water usage, however,
some investment is required. Initially this may seem expensive
but with product costs decreasing and electricity and water
costs going up, retrofitting your home is increasingly making
economic sense.
The cost of solar power, for instance, has lowered dramatically
in recent years. Five years ago a photovoltaic (PV) system cost
R5 per kWh, compared to Eskoms R0.50 per kWh, Govender
says. Today a PV system produces power at less than R1 per
kWh, which is much less than what Eskom charges.
Govender recommends installing a solar geyser, insulating
the ceiling and sealing gaps around doors and windows as
basic first steps. He also suggests looking at the efficiency of
your large home appliances and your fittings. The My Green
Home campaign by the Green Building Council of South Africa
highlighted that the change from traditional incandescent light
bulbs to LED can reduce the lighting electricity demand by up
to 75%, he says. Installing low-flow showerheads and taps
reduces the demand for hot water.
For those willing to spend a bit more, insulating walls,
foundations and floors can significantly reduce heat loss.
Double-glazing your windows, installing skylights to improve
daylighting and introducing smart meters to increase your
awareness of energy usage are also viable options.
Before any major capital outlay, however, Govender
recommends conducting an energy audit to help you
understand where and how you use energy in your home.
You can then consider the initial investment against the
reductions in utility bills, he says. Refurbishing your home
with sustainable and energy efficient solutions results in
reducing energy consumption and a reduction in utility bills
but it also presents a more comfortable lifestyle, including
better sleep, improved productivity and healthier, calmer
indoor environments.

AFFORDABILITY OF ENERGY
EFFICIENT SOLUTIONS
This can be measured by how
many years it will be before
savings cover the initial cost.

A grid-tied photovoltaic
system for a standard family
home would be cash-flow
positive by year five.

Thermal ceiling insulation

offers payback within
two years.

LED lighting and CFL

alternatives have a typical
payback period of between
three and six years.

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