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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Aug 2023
Message from the Managing Director
Admitting that one was wrong is never easy, but I am very pleased to have been wrong with my prediction of another 25-basis point increase to the interest rate which I made in our last newsletter.

With the rather dramatic 0,9% drop-in the inflation rate the Reserve Bank's Monetary Policy Committee had an easy call to make in keeping the interest rate unchanged. However, Reserve Bank Governor, Mr Lesetja Kganyago, last week warned of possible future rate increases, but this will not happen whilst our inflation rate stays below 6%. Furthermore, if the inflation rate remains within the 3-6% parameters, as set out by the MPC, consumers may expect a welcome reduction in interest rates by... See More
Featured Residential Developments

Within the de Land Estate in Potchefstroom, our Mooi Land project is now fully sold out and there are only five vacant homes still available to purchase in the Welverdiend complex. These low-maintenance simplex homes offer the ultimate lock-up-and-go lifestyle to prospective clients with the de Land Estate showcasing excellent 24-hour security, a stunning restaurant, a convenient care-centre, and walking trails meandering through the estate and the carefully curated fruit orchard.

We are about to reach the significant milestone of breaching the last ten available homes at our Ndalo housing development in Albertsdal, Alberton. Clients still have the opportunity to purchase a brand-new home, ready for immediate occupation, directly from the developer, thus saving thousands of Rand in attorney and registration fees.

With the Brendavere Estate in Fourways now also fully sold out we are channelling all our efforts to complete the last 29 homes currently under construction.

We are also well on track to complete the Rainhill show unit before month-end. Once completed, construction to the remaining ten apartment blocks will follow shortly. Here we still have a variety of one-, two- and three-bedroom homes available to purchase off-plan. This will also be our first residential development to be 100% load shedding proof, paving the way for us to use this design adaptation in all our future developments.

Rainhill in Linden
NO MORE LOADSHEDDING at Rainhill! Construction has commenced! Become part of the trendy and stylish lifestyle shared by Linden residents. The Rainhill development will offer a variety of apartments, ranging from affordable one bedroom suites ...

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Latest News
Townhouses: The perfect investment for both living and profit
Townhouses typically cost less than free-standing homes or apartments, making them an affordable option for first-time buyers or investors looking to enter the property market without breaking the bank.

Additionally, townhouses often have shared amenities, such as swimming pools, gyms, and parking, which can further reduce costs.

"We're definitely seeing a growing demand for townhouses in Johannesburg. This is largely driven by urbanisation, affordability, and changing lifestyles. As more...
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Launching Shortly

I am very excited to share for the very first time, artist illustrations of our reworked Fernhill residential project in Bryanston. This will be the perfect opportunity to secure a stunning new home on the popular Homestead Drive which is renowned for its opulent homes and tree lined streets.

This development will be launched once our show home and complex entrance is closer to completion.

Latest Listings
R695,000
2 Bedroom Townhouse For Sale in Albertsdal
This is the last available two bedroom home within the brand new Ndalo security complex in Albertsdal. The fully tiled ...

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R67 per m²
1,558m² Warehouse To Let in Lanseria Corporate Estate
Stunning warehouse/ business premises within the popular Lanseria Corporate Estate adjacent to the Lanseria Airport. The estate offers excellent security ...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renicoconstruction.co.za
WWW.RENICOCONSTRUCTION.CO.ZA
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