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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - November 2025
Message from the Managing Director

It was Winston Churchill who said, “To improve is to change; to be perfect is to change often”. These words have never rung truer than in our current times where the world is changing at a rapid pace, mainly due to the fast implementation of Artificial Intelligence. Goldman Sachs recently estimated that up to three hundred million jobs worldwide will either be lost or downgraded due to the implementation of AI. But all is not doom and gloom. Just as the industrial revolution led to the demise of many labour-specific jobs and a myriad of new job opportunities being created by the ‘new way of doing things’, so it will be with the implementation of AI....

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Featured Residential Developments

Last week we had thirty-six families take occupation of their brand new iThemba homes situated in Albertsdal’s newest security estate. The Melokhule Estate will, once completed, comprise of three residential complexes with no less than two hundred and eighty family homes. With the latest technology used to manage and monitor access control into the estate, we hope to make Melokhule one of the safest residential estates in Ekurhuleni.

After the registration of our first batch of transfers at the Fernhill residential project in Bryanston, our list of available homes within this development has shrunk to four. I am confident that we should have these four homes sold before the end of this year, just in time for the second batch of registrations to take place.

I am extremely excited about the plan approval of the first home to be constructed in the Elemente Estate in Potchefstroom. The home will offer unobstructed views of the pristine Potchefstroom Dam and will pave the way to the construction of another fifty-six homes within the estate.

With all third phase homes now sold at our Riverspray Lifestyle Estate in Vanderbijlpark, construction to the fourth phase has commenced and I am pleased to report that 50% of the homes in phase four are now also sold! Current market demands are outpacing supply, but this too will quickly be rectified with the following phases.

Featured Listings
Living the Lifestyle!
Phase 1 and 2- Sold Out! Phase 3 and 4 - Now Selling. Owning a home in the Riverspray Lifestyle Estate must be comparable to life on a holiday resort. Both residents and visitors are met by courteous security personnel upon arrival at the main entrance. Once inside, one will experience an estate where it is safe for...

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Latest News
3 Key lessons from the 2025 property market- and what they mean for you.

As the South African residential property market evolves in 2025, both industry-leaders and independent analysts agree that strategic thinking matters more than ever.

“Purchasing your first home is exciting, but it can also be intimidating if you don’t know what to expect,” says Adrian Goslett, Regional Director & CEO of RE/MAX Southern Africa. “By understanding the questions most buyers have, you’ll feel more confident, informed, and prepared...

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Launching Shortly

Construction to the first home within the Elemente residential estate overlooking the Potchefstroom Dam is due to commence in the coming weeks. This stunning simplex home’s plans were drawn up by local Potchefstroom architects 1.618 Architectural Services and they have done a sterling job in getting the perfect design for a stand that has a few unique challenges.

I can certainly recommend the services of this young and upcoming duo of architects! More info on this and some of their other work may be viewed at https://www.facebook.com/1618Architecture/

Latest Listings
R895,000
3 Bedroom Townhouse For Sale in Albertsdal
Now ready for occupation! iThemba is the latest addition to Albertsdal and is also the first residential complex situated within the brand new Melokhule Security Estate. With more than 50% of all homes already sold off plan, one must hurry to secure the last...

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R23,950,000
2,985m² Building For Sale in Weltevreden Park
Brand new release! A freehold business premises either available to be leased or purchased outright. Conveniently situated on JG Strydom Drive, adjacent to the popular Hillfox Power Centre and Life Flora Clinic, this property is ideally suited for a retail or...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renico.co.za
www.renicoconstruction.co.za
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