Housing in Southern Africa April 2016

Housing

Bardale Village

T he City of Cape Town, theWest- ernCapeGovernment, andGar- den Cities, a property manage- ment company, recently handed over the first completed units of a new catalytic human settlement project. The R294 million public and pri- vate sector partnership for the Fisan- tekraal area, near Durbanville, com- prises 868 fully subsidised housing units and has been earmarked for completion by the end of 2017. According to the city’s Mayoral Committee Member for Human Settlements, Benedicta van Minnen, “A truly integrated, sustainable hu- man settlement is being constructed, with all social, economic and trans- port amenities. This project is an example of how the city wishes to manage its residential developments going forward, by locating future resi- dential areas for all income groups in relation to economic and work opportunities.” She explains that there is an acute housing shortage, coupled with the highest urbanisa- I ntegrated Housing Development has developed Bardale Village and is recognised as a pioneer of affordable, middle-income housing. The civils for phase three, named De Hoop village will offer 182 free- standing houses, 196 townhouses and apartments. Two bedroom, one bathroomapartments cost R615 000, while the three bedroom, two and half bathroom units cost R830 000. Townhouses and apartments range in size from 50 m² to 100 m². The exterior design for phase three includes white plastered walls and charcoal roof tiles. The exterior trim is light grey and all windows and doors are anodised aluminium. The design of the free standing homes include a small garden, driveway and garage. Bardale Village, a residential development in Cape Town, has rolled out 939 housing opportunities in phase one and two and a further 459 housing opportunities will roll out in phase three.

IHD is primarily the developer of the very successful Bardale Village. The company is regarded as one of the pioneers in the South African afford- able middle income housing market. IHD is committed to offering reason- ably priced opportunities to a wide variety of buyers – from first time homeowners to property investors and everyone in-between. Established by a German con- sortium in 2001, IHD offers buyers’ assistance to evaluate affordability on their website by checking the re- quired household income needed to qualify for bonds and potential bond repayments. ■

Bardale Village is located close to major highways, amenities and trans- port nodes. With primary and high schools adjacent to the estate and a fully operational crèche within the development, the village has a lot to offer first time buyers and property investors. Local retail centres include the Zevenwacht Shopping Centre and Blue Downs Mall. There are sports fa- cilities nearby and places of worship. The estate is located approximately 20 minutes from the Cape Town Cen- tral Business District (CBD). It is also in close proximity to Bellville, Somerset West and Stellenbosch.

R294 m Greenville Garden Cities

with our densification policy and our transport-oriented development and integrated human settlements frame- works,” says van Minnen. The City and the Western Cape Government are the funders of the infrastructure and top structures and have also provided the planning, design and implementation input, standards and specifications. ■

tion rate in the country, the city needs to bring in private and civic parties to drive large-scale human settlements developments. “A situation where government alone is the key driver of subsidised housing opportunities is simply unsustainable,” says van Minnen. “We are moving towards a new delivery model. The Greenville Garden Cities development is in line

April 2016