Demystifying Residential Super Estates

By Leonhard Jonas, CEO of Northlands Business Park and Avianto Estate for Property Wheel

The concept of the super estate is not novel. It has existed globally for several years. However, despite being well-established, no real definition exists. From a developer’s perspective, the most basic requirement of a super estate is to offer more than 2 000 residential opportunities, with facilities and amenities that capture the interest of the buyer.

As a developer, you are creating a new community or township, whose main function it is to provide a safe and secure haven. Although it’s an excellent investment prospect for those looking to expand their portfolio, those buying into a super estate live there on a day-to-day basis, and to make it feasible you need key infrastructure to support the residents. Access to an airport and main arterial routes, schools, medical facilities, and retail opportunities are vital. These factors are important to all developments, but more so to the super estate, as the intention is to create an environment where residents don’t feel the need or desire to leave their cocoon. As such, to claim the title of a super estate, the development must tick a multitude of boxes.

When you look at a super estate like Avianto Estate, Steyn City or Val de Vie, the benefits go beyond creating a safe and protected lifestyle, you are building an opportunity for a multi-generational way of living. Typically, the estate will offer a variety of residential options to satisfy the broader market. Avianto Estate for instance offers a retirement village, pre- and primary school, entry level developments for the starter family, all the way up to the affluent end of the spectrum – basically catering to almost every sector of the market.

Within the South African context, secure estates and complexes have long been sought after. In the past there was the tendency to develop parcels of land and build cookie cutter apartments that are prevalent in Europe – blocks of compact, identical homes that cater to a lock-up-and-go situation. There is certainly a place for it, but as South Africans we want more from our personal living space. Thanks to our mild climate we enjoy being active outside and these complexes don’t necessarily cater to this lifestyle. In recent years, and particularly in response to Covid-19 when we were forced to live and work 24-hours a day in our houses, people realised that a home is more than just a place to lay your head. We want our home and its surrounds to reflect our interests, whether it is cycling, equestrian activities, walking or simply having the freedom to let your children go outside to play, without constantly being on the lookout for dangers. Super estates offer this high level of security but without sacrificing on enjoyment. Super estates recreate the sense of community and allows one to return to a more innocent way of life.

Historically a super estate would have either a polo or a golf course offering. As desirable as these are, they do come with a higher price tag. In his recent podcast, Founder and Executive Chairman of Northlands Group and Developer of Avianto Estate, Darin D’Oliveira, explained that the recent movement is to avoid these traditional, costly facilities and become more inclusive, which ultimately benefits the residents: “Conservatively, to maintain a golf course is over R400 000 a month, which is a cost that the residents of the estate ultimately carry. By avoiding such facilities and allowing the public access to the communal nodes of an estate, such as the restaurant, sporting facilities and gyms, owners are no longer lumbered with excessive levies.”

As with everything, these estates have their time and place, but we are seeing a shift away from these conventional models that often distort the affordability of living in such a place. A more inclusive and humble approach maximizes on the natural surrounds and promotes an outdoor lifestyle through hiking and biking trails, fishing, and picnic spots, to provide the same level of satisfaction but without driving up the levies.

From an affordability standpoint, super estates, despite offering a magnitude of amenities, actually provide a more cost-efficient way of living. Security and landscaping expenses are normally high, but when divided amongst all the residents of an estate, suddenly become far more affordable. The larger the estate, the more residents are paying in levies – it’s a case of economies of scale. With interest rates expected to increase, super estates offer even more financial benefits to the buyer and investor alike. When buying into such an estate at the beginning stage, all costs, such as transfer duties and bond registration are included, ensuring massive savings for the buyers.

Another positive upshot from investing in a super estate is that developers are more sensitive to green-building practices; utilising low maintenance materials, rehabilitating the natural surrounds and providing water and electrical security by way of solar power back-up systems and water storage tanks. This ultimately benefits the residents who are no longer at the mercy of the national providers and are encouraged to live more sustainably and responsibly. All in all, the super estate not only provides the greatest quality of life, but it is becoming more accessible and affordable to the greater population.

About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

Featured Project: Kgale Lake City, Botswana – Residential

Botswana – PPA 24849

Description
Construction of upscale high-end exclusive homes, apartments and penthouses for the proposed mixed-use urban development, Kgale Lake City, situated on the outskirts of Gaborone, in Botswana. Estimated cost: P269 million. The exact co-ordinates are currently not available however the approximate area of location is lat: -24.694853760699363, long: 25.87484954426541

 

Status Region
Design Botswana
Category Value
Building R 200 Million+
Industry Timing
Residential 2022 onwards
Sector Class
Private Invited / Negotiated / Turnkey


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About Melanie Miles

One girl who would rather wear boots than high heels...

Featured Company: Nyondo Holdings (Pty) Ltd

 

Read about who’s who in the Industry:

This week we are featuring Nyondo Holdings (Pty) Ltd, based in Bryanston, Gauteng with accreditations from the NHBRC and CIDB. They specialise in building new residential homes and also offer project management services on residential property projects. Nyondo Holdings (Pty) Ltd take great pride in the provision of unrivalled services at reasonable rates charged based on value creation whilst paying attention to detail on projects to meet clients’ expectations on every project.

Nyondo Holdings

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About Christine Smith

My journey started in 2015 with Leads 2 Business, as an Account Executive, and gradually grown to take the role of being the Client Liaison Officer (CLO) since 2018. Assisting in the delivery of our services and insuring our clients expectations and requirements are exceeded.

Featured Project: Monroze, Mauritius – Residential

Mauritius

Description
Construction of 34 villas and 48 apartments for the proposed Monroze IRS development in Saint Martin, Baie du Cap in Mauritius. The proposed development is now known as Anbalaba. The proposed development is now known as Anbalaba. The exact co-ordinates are currently not available however the approximate area of location is lat: -20.499538; long: 57.39698490000001.

 

Status Region
Underway Mauritius
Category Value
Building R 100 million+
Industry Timing
Residential 2020 onwards.
Sector Class
Private Open Tender / Turnkey


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About Melanie Miles

One girl who would rather wear boots than high heels...

Featured Project: Boulevard Triomphal Precinct – Residential

Democratic Republic of the Congo (DRC)

Description
Construction of a residential zone at the Boulevard Triomphal Precinct located on the Boulevard Triomphal, Kinshasa, Democratic Republic of Congo. The precinct will include commercial office buildings, a hotel, residential spaces, a retail high street, restaurants, coffee shops, a conference facility and a grandstand to allow for a possible event arena. The street level is designed to enhance the informal trading market on the edge of the site and create activation along the surrounding roads.

 

Status Region
Conceptual Democratic Republic of the Congo (DRC)
Category Value
Building R 31 Million – R 60 Million
Industry Timing
Residential 2020 onwards
Sector Class
Private Invited / Negotiated

 


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About Minnie Zondi

I am an insanely optimistic ambivert that does everything from the heart instead of the mind. Deeply interested in people and matters that pertain to mankind.

The Difference between Residential and Commercial Construction

posted in: General 1

To understand the difference between Residential and Commercial Construction, you must first understand what each one is.

If your brain works anything like mine, when you hear the word “Residential” you may think of homes where there may be a street of houses which all look pretty similar from their green grass lawns and their borders of brightly coloured flowers, this is generally where you would find the consumers and generally where people would live.

When you hear the word “Commercial”, you may think of the public, attracting the public eye and making whatever your commercial item may be whether its a building or product it has to be what the people want, it has to sell to the consumers, generally where one’s workplace would be.

Commercial Construction

According to Wikipedia, “Commercial buildings are buildings that are used for commercial purposes and include office buildings, warehouses, and retail buildings (e.g. convenience stores, ‘big box’ stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2-10, with retail on floor 1”.

A good example of a well-known commercial building in South Africa is the iconic Nelson Mandela Square in Sandton City, Johannesburg.

Here you will find a variety of restaurants, jewellers, banks, etc. and the list goes on. Buildings such as these provides ample job opportunities for people living in the surrounding residential areas.

Residential Construction

Residential Construction is a far more self-explanatory type of building.

Residential construction is the business of building and selling individual and multi-family dwellings. The building unit is divided into single-unit, manufactured, duplex, apartments and condominiums. According to the Oxford English Dictionary, Residential means “designed for people to live in.”

The best example and probably the most obvious one is where you currently live,

Your furniture is made for comfort, your wall personalised with family photos, everything designed how you want it in order for you to be comfortable.

When you buy a new lounge suite for your home you do not invite all of your friends to come and test all the couches in the shops before you buy it, You test them out yourself,

For someone buying furniture for a commercially owned building they generally buy what looks best in a building, not so much what feels best. This is once again to impress the consumer/buyer.

Although Commercial Construction and Residential Construction have a few of the same factors such as the same professionals, Architects and Projects Manager involved with the design and construction, the outcome and the aim of each building being built is different.

It may be great to live close to your local shopping mall, however I would not recommend building a 3-bedroom stand-alone house right next door in your central CDB (Central Business District).

 

Sources:

Itsallaboutbusiness
Rennieproperty
Wikipedia
Oxforddictionaries
Redfin
Propertymetrics
Pexels

 


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About Caroline Clark

When I am not at work you will find me spending quality time with my family. You will always find a smile on my face and a snack in my bag.