Modern developments - The future of property

Developments have become more and more popular in the property market, offering specific advantages to purchasers, with NO TRANSFER DUTIES being their biggest perceived benefit. However, developers have become acutely aware of how to offer their potential buyers more than just that.

Many developments are marketed towards affluent professionals in their 30s looking for a change in environment and a home that suits their particular needs. To this specific demographic, the chief selling points are sustainability and a contemporary structure that allows for modular additions in response to the owner's changing needs. Well designed new homes generally offer much better space utilisation.

Homes need to be contemporary, open-plan and use green materials such as solar geysers, energy-efficient glass, gas, and combustion fireplaces making allowances for the addition of inverters and other conveniences. 

New homes are significantly better insulated than older homes within the existing market, driving down energy bills and creating a consistently pleasant living environment. In addition, these purchasers are interested in homes that have no existing maintenance issues and offer ease of general upkeep.

This targeted buyer market is searching for spaces that allow for both a family-friendly and efficient work environment. As so many people are currently working from home and will be doing so for some time to come, these dedicated spaces have become more and more in demand.

Buyers also need to decide whether their preferred financial option will direct them to either turnkey or off-plan developments. Included below is an informative article describing the differences between these options 

https://www.property24.com/articles/buying-turnkey-vs- plot-and-plan-full-costs-revealed/27305 

Regardless of your preference for turnkey or off-plan, we have a significant number of developments at various price points to meet your needs.

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Read our previous article here: ​​https://www.hamiltons.co.za/news/winter-interior-design-trends-for-2021/ 

Contact Hamiltons Property Portfolio for all your buying or selling requirements:

Johannesburg (Head Office): 011 463 0155

Cape Town: 021 418-0328 

Garden Route: 044 050 3295

Eastern Cape: 076 927 7787

Or email to reception@hamiltons.co.za