Balwin announces largest sectional title development in Africa

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Balwin announces largest sectional title development in Africa
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SA’s top developer in the property segment wants to build 50,000 ‘gap’ housing units in eastern Pretoria

Balwin Properties plans to turn a swathe of land on the rural outer edges of Pretoria’s eastern suburbs into a bustling town in the largest sectional title development in Africa that is estimated to cost more than R44bn.

Mooikloof Mega City, which will include up to 50,000 low-cost housing units, has been designed specifically for the so-called gap housing market which can be defined as housing opportunities for people earning a combined monthly income of R3,501-R18,000. These are those who earn too much to get a free house from the government but too little to qualify for a bank bond.

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BDliveSA /  🏆 12. in ZA

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