Massive Bluedowns estate to alleviate housing shortage
Cape Town April 2010: A new residential development in Blue Downs, in Cape Town’s Northern Suburbs is set to alleviate the need for affordable housing in the area. Multi Spectrum Property (MSP Developments Pty Ltd) recently announced the launch of Belladonna Estate, which according to Managing Director John Coetzee, is designed to become a community-village within an attractive landscaped neighbourhood.
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Property market looking up – time to buy again
First-time home buyers may this year be in the best position they have been for a long time, as a series of factors combine to create favourable property market conditions, says property group MSP Developments.
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Muizenberg's Sunrise Villas make seaside living affordable
Sunrise Villas, the Multi Spectrum Property (MSP) Group’s latest development in the coastal suburb of Muizenberg in Cape Town, is on track with construction for completion in June 2010.Designed by architects Jacob Walters & Associates and built by MSP Construction, the apartment complex, with an estimated R45-million building cost, comprises six blocks of four storeys each. These will house a total of 147 apartments, including studio, one-, two- and three-bedroom units, and two penthouses. A clubhouse with swimming pool and entertainment area will also be provided.
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