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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Jun 2025
Message from the Managing Director
With last week's 25 basis point cut to the repo rate our interest rate is now 75 basis points down from this time last year. Not only was there a significant drop in rates over this period, but our fuel is also 15% cheaper than it was last year (and this not taking the next projected reduction in fuel prices into the calculation), the Rand is approximately 6% stronger against the Dollar and our JSE All Share Index is up by almost 20%! Although it is very easy to get drawn into all the 'doom and gloom' one is exposed to in the latest news, considering these facts this most definitely should not be the case.

Budget No. 3 is most likely to be passed, the Oval Office meeting is done and... See More
Featured Residential Developments

With our first clients taking occupation of their brand-new Fernhill homes in Bryanston at the end of this month, we are most probably just as excited as they are! Our team still has a bit of work to do, but it is always exciting to see how a construction site is quickly transformed into a stunning housing development within the last weeks before occupation.

All ninety-six iThemba homes in Albertsdal have now had their roofs fitted and all relevant trades are hard at work to get the tiling, plumbing and electrical work done and by doing so, have the homes ready for their kitchens and cupboards to be fitted.

Construction to the boundary walls of both the Elemente and Uitsig residential projects in Potchefstroom are progressing well. Most of the focus has now shifted onto the completion of the Elemente estate entrance, and prospective clients are bound to be wooed by this spectacular structure.

All homes within our third phase of the Riverspray Lifestyle Estate project in Vanderbijlpark are now ready for the teams who specialise in the fitting of the selected finishes to each home. We have also experienced a welcome surge in buyer activity and have only a handful of homes still available within this phase. Plans are also in place for the commencement of construction to the next phase of this development.  

An Opportunity Not To Be Missed!
Where will one have the opportunity to purchase a full title stand on the edge of a pristine waterbody in the North West Province? Well this is an opportunity not to be missed! This fifty-seven ...

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Latest News
Property market reacts as repo rate drops to 10,75%
The repo rate has dropped - but how does that impact your ability to buy or sell property? Experts share insights.

Rate cut welcomed, but economy needs more, says Seeff

Welcomed, but the economy needs more, says Samuel Seeff, chairman of the Seeff Property Group, following the interest rate cut of 25bps announced today by the Reserve Bank.

This is the fourth rate cut by the Reserve Bank since the latter half of last year and reduces the repo rate to 7.25% (from 7.50%), and the prime...
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Launching Shortly

I am very excited to share the news of our Harlow Estate launch later this month. We already have a team on the ground attending to the site establishment and the construction of the entrance and guard house to the complex. We plan to have our show home built as soon as we have obtained plan approval from council and have enrolled the plans with the National Home Builders Registration Council.

Latest Listings
R2,985,500
3 Bedroom House For Sale in Fourways
*FINAL CHANCE TO BUY DIRECTLY FROM THE DEVELOPER* Last available duplex cluster home within the popular Brendavere Estate in Craigavon ...

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R30,400 pm
417m² Warehouse To Let in Lanseria
One of the last available units within the popular Lanseria Business Park situated inside the Lanseria Corporate Estate. The unit ...

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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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