Estate Living Magazine Estate Living Issue 29 May | Página 3

INDUSTRY DATA 33% growth year-on- year within this industry 2014 saw 2000 registered communities’ vs 6000 registered communities 2016’s Approx. 320000 residential properties – at an average value of R 2 million per property The total average value of the residential community is R650 Billion Lifestyle Estates = 85%, Golf Estates = 12%, other estates = 3% - all are Security focused developments More than Organised communities take up 9% of developed land in South Africa Managed assets equate to more than R 800 Billion 56000 sectional title schemes in South Africa Annual Levies collected in excess of R 960 million Estate house price inflation = 7.5% annually For more information contact: [email protected] 073 335 4084 [email protected] 072 171 1979