NEW YEAR, NEW POSSIBILITIES
Now that 2025 is in full swing, we would like to take this opportunity to welcome the exciting year to come, while taking stock of our hard-earned successes and wins. Aska Property Group is proud to announce that 2024 was an outstanding year for commercial and residential sales. Join us as we review our highlights and showcase what we are looking forward to.
Commercial success is set to stay on the rise
Vacant land sales in the Sandown and Rivergate developments exceeded R100 million by the end of 2024. Positive market sentiment can be attributed to such factors as the outcome of the May general elections, local inflation being kept under control and a decrease in interest rates making property more affordable.
Aska Property Group has also experienced an upsurge in market activity in the prime Rivergate Pegasus Park security enclave, with over R40 million comprising of mixed-use industrial land sales in the past 6 months. The final phase has been launched to meet the increased demand in the business park. Interested buyers are encouraged to contact our sales team to avoid disappointment, as commercial stock will be limited and highly sought-after!
Residential wins are always a positive
The Sandown Phase 5 & 6 development is already 70% sold and counting, as we look forward to the launch of the final two phases before Easter 2025 to meet demand. Buyers are drawn to the cost-effective plots with no transfer duties. After selling almost 100% of the first phase of Sandown, the popularity of this area has only grown as it continues to reach full development.
As our security enclave Sagewood has proved, there has been an increased demand for secure living. We are excited for the launch of a second security estate later in the year - so watch this space!
This year let's focus on building dreams together.
Message by Grant Devlin (Managing Director)
11 Feb 2025
Author Aska Property Group