A fervent desire to reduce both monthly costs and traffic-congested travel times while residing in conveniently situated nodes has given rise to the ongoing success of the live-work-play lifestyle in South Africa.

Informed investors would do well to buy now into new developments with great opportunities to choose from.

Property developers have identified a growing need by up-and-coming executives to buy residential properties close to city centres without having the required 10% deposit.

While the market in residential property developments has slowed and many of the smaller borderline developers have all but disappeared in these lean times, there have been “bright spots in the market and indications are that the development market is in the process of a gradual recovery”, says Pam Golding Properties (PGP), Hyde Park region development manager, Peet Strauss.