Once complete, the massive Buh-Rein Estate situated on 87.62 hectares between Durbanville and Kraaifontein will include 86 sub-developments, with 3241 apartments, 133 freestanding homes and 137 townhouses. MSP Developments is landowner, developer and builder on this project, and received the SAPI (South African Planning Institute) 2010 Planning Award (Private Sector) for their inspired, people-centric and environmentally sound design. MSP CEO, Riaan Roos, says his group’s mission is to facilitate community upliftment by providing superior-quality affordable housing. “This sector of the market has tended to be overlooked by most – which may explain why we are seeing such a great response to Buh-Rein Estate. Of the first six apartment developments of 252 apartments that we released at Buh-Rein Estate, 181 have been sold in just over 9 months.”

The rapid sales have prompted MSP Developments to launch the next two apartment developments in Buh-Rein Estate, both priced at under R500 000 a unit. Saint Clair comprises 54 units with standard finishes that offer two bedrooms, one full family bathroom and one parking bay, priced from R449 900 (first and second floors) to R469 900 (for ground floor).  Knotting Hill comprises 39 units with premium finishes, that offer two bedrooms, one full family bathroom and one parking bay from R479 900 (first and second floors) to R499 900 (for ground floor). In all cases a R10 000 deposit secures.
Says Roos: “MSP Developments is proud to focus on bringing great quality, affordable homes to the average South African. We focus on providing entry to middle-income housing, developing where the greatest demand is and introducing never been seen before offerings to this market such as Buh-Rein  Estate. I have been involved in this market for over 20 years, having recognised that funding and development of this type of housing is key to resolving one of the most important issues affecting the majority of South Africans - the lack of affordable housing in this country.”  
Buyers in any complex in Buh-Rein Estate are getting more than a well priced property – they also buy into the convenience and benefits of a fully equipped lifestyle suburb. Facilities include state of the art security with manned guards, CCTV, an on-site control room, vehicle patrols and access control to developments, as well as plenty of open spaces with jogging/running trails, a sports field and parks, plus a private school, crèche, church, drive-through facility and shopping centre including petrol station.

Roos says Buh-Rein Estate is seeing an equally good response from both investors and future residents. “We have also found that many people choose Buh-Rein apartments as the perfect solution for their student children, since it is only 16 km from Stellenbosch – and there is daily shuttle transport available from the estate to Stellenbosch. It is also only 3 km from the N1 highway, so is well situated for accessing all aspects of greater Cape Town, the Winelands and False Bay.”

Priced below R500 000, Saint Clair and Knotting Hill are sure to receive a good response. Says Roos: “The affordable market in respect of housing has the biggest demand - not only in Cape Town but countrywide - and far outstrips past and present supply. This in turn will lead to apartments such as those in Saint Clair and Knotting Hill appreciating faster in value than higher-priced units - and this bodes well for household wealth creation and upliftment in this sector.”

The first complexes at Buh-Rein Estate are due for completion this year, as is as the estate’s Management Centre/Sports Clubhouse.

For more information contact MSP Sales, David Britz on 084 547 7000 or 021 801 5400 or visit www.mspd.co.za.  Visit the sales office on-site or the permanent exhibition stand at Cape Gate Shopping Centre.