Architect and Builder September/October 2015 | Page 38

The beautifully landscaped gardens have
been extended as has the water feature to
create a scenic lake and a flowing stream
onto which a number of the ground floor
apartments front.
The fourth block in the resort, Palme d’Or,
which takes the splendour of Oasis to new
heights, is now under construction and, 10
months before completion, 38 of the 50 units
having already been sold for a total of R168
million. Named after the highest prize awarded
at the Cannes Film Festival, Palme d’Or will also
be unashamedly upmarket.
The luxury apartments will range in size from
75m2 to 162m2 and will boast quality finishes,
covered terraces and air conditioning. Most of

the apartments will have utility rooms and all
one bedroom apartments will have studies.
Also 11 storeys, Palme d’Or will be served
by two lifts and a 24 hour dedicated concierge
service. Construction is currently at level 10
and is expect to top out by end of October with
completion scheduled for end June 2016.
Owen Futeran of the developers, the
Oasis Joint Venture which comprises the
Rabie Property Group and a Harries Projects
consortium, said a number of new sales were
close to finalisation.
“This is very unusual for a retirement product.
In fact, a few years back, only 7 units were sold
in a 12 month period and the first block was only
sold out long after construction was completed,
once buyers could see what they were getting.
“Since then, the tempo of sales has picked
up considerably with all 232 apartments in the
first three phases sold out and 72% of the units
in block four having been sold 10 months ahead
of completion which is a rarity in this market,”
he said.
He said there were many factors driving sales
at Oasis not least of which was that buyers
could see the high calibre of the development
they were buying into and that all the amenities
such as clubhouse and leisure facilities and care
centre were already there and not based on
future forecasts or promises.
ARCHITECT’S REPORT
Superbly situated within the secure perimeter of
Century City, Oasis has completed their latest
building “Palm Royale” in their 5 hectares of
beautifully landscaped gardens, footpath trails,
waterways, tea garden, picnic areas rises
the elegant 11-storey high class residential

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Palm Royale