SA Affordable Housing July - August 2019 // Issue: 77 | Page 28

PROJECTS
A variety of affordable housing options ranging from 40m 2 up to 99m 2 houses are available and rental apartments
will also be coming soon.
The affordable independent school, Royal Schools Sky City,
opened its doors to its first 650 learners in January 2018
and soon increased to just over 1 000 learners in 2019. The
latest addition to this holistic development is Sky City Mall,
the regional shopping centre developed by the GMI
Property Group, of which the first phase (12 800m² of a
total 32 000m²) opened to the public in April 2019.
OVERVIEW OF THE SKY CITY DEVELOPMENT
• Cosmopolitan Projects purchased the land in November
2014 and installation of external services started in
June 2016. Construction of the houses started in
September 2017 and the first houses were occupied in
November 2017.
• 17 000 housing units consisting of 14 500 residential 1
erven and 2 500 high-density units are being
developed.
• A 32 000m² regional shopping centre.
• An additional convenience retail centre including a car
dealership, is also planned, as well as a private hospital.
• 17 schools, including the Royal Schools Sky City
independent school, is a 9 000m² school that can
accommodate 1 600 learners from grades RRR to 12 and
is operated by Royal Schools. A second independent
school to open in January 2022 is already planned.
• 21 social nodes for community facilities are planned
such as churches, crèches, clinics and social facilities.
• There will be beautifully designed entrances,
pavements and expansive parks with recreational
facilities such as jogging trails, soccer fields and
children’s play areas with jungle gyms.
• The entire development, as well as the inner super
blocks, is fenced with perimeter security walls.
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JULY - AUGUST 2019
The independent school, Royal Schools Sky City, which can
accommodate 1 600 learners, opened in January 2018 and
currently has more than 1 000 learners enrolled.
THE RESIDENTIAL OFFERING
Sky City offers building packages from R492 700 (R5 400 a
month) to people earning from R14 000 a month. People
earning less than R22 000 a month will also qualify for
housing subsidies under the Finance Linked Individual
Subsidy Programme (FLISP). The houses range from 40m²
(two bedrooms and one bathroom) up to 99m² double
storeys (three bedrooms and two bathrooms).
SETTING A NEW STANDARD
With its planned mega developments solidly on track and
along with this unique approach to sustainable property
development (which doesn’t just offer housing, but also
integrates various other amenities resulting in holistic
developments catering for much more than just its
residents’ housing needs) Cosmopolitan Projects sets a new
standard in affordable housing in South Africa.
www.saaffordablehousing.co.za