5years
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he industry is currently under parliamentary
focus and faces some potentially negative
legislative changes, emanating from such
government branches as the Departments of
Transport, Human Settlements, Tourism, Local
Government, Sport and Recreation and Natural
Resources. Such pending legislative activity
might give the impression that the residential
community industry is in a state of chaos and
in need of state intervention, however this is
inaccurate.Residential communities are well
organised and have contributed to over 1 million
sustainable jobs to the South African economy.
Many residential estates employ people from
townships and villages, from rural areas and from
the most disadvantaged human settlements in
South Africa. Our industry is very diverse and
includes restaurants, hotels, golf courses, nature
Estates, retirement villages, residential estates,
schools, office parks, shopping centres, eco
resorts and mixed-use townships. We are part
of a global phenomenon as self-managed
residential communities proliferate around the
world, and we are a recognised and highly
respected member of the global residential
community management industry.
There is a misperception that our industry is
controlled by, for example SAPOA (Property
Owners of South Africa), the property
development industry, the real estate industry,
the hospitality industry or the golf industry. The
truth is that the residential community industry
is an industry on its own, and is managed
by itself through significant and evolving
legally compliant structures.We are a diverse,
multi-disciplinary industry requiring a unique
range of skills, competencies and lea \