Real Estate Investor Magazine August 2024 edition | Page 53
In recent years , transforming and revitalising townships has increasingly become a priority , as the high demand for affordable housing is coupled with a critical role that townships play in bolstering South Africa ’ s economic growth . Townships , therefore , are not only an important part of South Africa ’ s history , they also provide attractive investment opportunities to entrepreneurs .
Key to transforming the township economy , and thus changing the country ’ s socio-economic landscape , is micro property development . Entrepreneurs are empowered and supported as they create affordable , decent housing with access to essential amenities within township areas . They are also guided on how to be fully compliant with local laws .
PARTNER CONTENT
In recent years , transforming and revitalising townships has increasingly become a priority , as the high demand for affordable housing is coupled with a critical role that townships play in bolstering South Africa ’ s economic growth . Townships , therefore , are not only an important part of South Africa ’ s history , they also provide attractive investment opportunities to entrepreneurs .
Key to transforming the township economy , and thus changing the country ’ s socio-economic landscape , is micro property development . Entrepreneurs are empowered and supported as they create affordable , decent housing with access to essential amenities within township areas . They are also guided on how to be fully compliant with local laws .