New estate to address Boksburg’s housing dilemma
Boksburg will soon become a home for a new estate aimed at addressing the housing problem faced by the city’s low-income families and the emerging middle-class residents.
The estate will comprise 1 099 units, including flats to rent and homes to buy – all of which will be situated in a secure estate to be constructed next to the Cinderella Dam on Rondebult Road in Parkdene.
A private school, clubhouse with amphitheatre, parks, walkways and other recreational facilities will form part of the development.
Ward 32 councillor Marius de Vos gladly welcomes the development, saying it will be supplemental to the 22 000 homes the metro plans to build as part of the Leeuwpoort housing development in Parkdene, Reiger Park and Sunward Park.
“The construction of a new school will obviously benefit the local residents, easing some of the pressure on the existing schools.
“I think this development will, like the Leeuwpoort development, go a long way in addressing the housing difficulties faced by the city,” said de Vos.
The Urbika Urban Lifestyle Estate is a new development by Similan.
According to Similan marketing manager, Elsa Theron, the development will be divided into three different sections.
Civil works on site have already started.
Top structure building works will start at the beginning of August, with the first units being delivered during the first quarter of 2018.
Similan was in the news lately for receiving EDGE Certification from The Green Building Council South Africa for its development, Fourleaf Estate, in PE. It’s the first-ever development in Africa to receive this certificate.
Urbika Lifestyle Estate is funded by the Housing Impact Fund of South Africa, within Old Mutual Alternative Investments.
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