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Property Development

RESIDENTIAL PROPERTY DEVELOPMENT
Middle Income Housing at Elundini Local Municipality and Gariep Local Municipality

JoGEDA is in the process of developing a 90 hectors of land in Maclear for the Middle Income Housing. The land was donated to Elundini Local Municipality by PG Bison/ Steinhoff. There is huge demand for middle income housing in the region; as a result this project will make huge impact in bridging the gaps that exist currently. In partnership with the Department of Human Settlement, the Agency is in the process of implementing the FLISP Housing programme which caters for the development of middle income housing located in Elundini Local Municipality and Gariep Local Municipality.

Essentially FLISP provides subsidy to households earning between R3501-R15000 per month to buy newly built houses at a R300 000 or less. Scoping and feasibility studies for both development land in Elundini and Gariep Local Municipalities is underway.

COMMERCIAL PROPERTY DEVELOPMENT
Senqu Commercial Property Development

Various, multiple commercial property development opportunities are in the process of being identified and fully investigated in various areas and towns of Senqu Local Muniicpality. Various opportunities are identified in the following configuration:

  • Small to medium shopping centres
  • Apartments
  • Townhouses to be sold on sectional title basis, or rented
  • Rental housing units.