The R6.1-trillion residential-property market has shown some resilience since the hard lockdown. When normal activity resumed, homeowners thought long and hard about the meaning of life and started rejigging their residential accommodation by relocating, revamping or repositioning. The well-heeled set from Gauteng made a beeline down to the west and east coasts.
These ex-Gautengers are largely choosing estate living and sectional-title developments for security and lock-up-and-go benefits. Lockdown cabin fever inspired people to look for a “piece of land with some green and a view of the sky”. Security is always top of mind, and estate developers have the provision of this down to a tee.
The product in demand is open-plan houses or clusters, with the kitchen flowing into a dining/living room with folding doors that welcome nature in the glorious summer months. Kitchens are well appointed with standard high-end finishes and appliances that went to private school (Miele, Gaggenau, Smeg).