May 23, 2017

Palme Vue launch best ever for Oasis!

Half of the 42 apartments in Palme Vue, the sixth and final block in the Oasis Luxury Retirement Resort at Century City, were sold at the launch in early May.

“We have never seen such a rush on sales for a retirement product at a launch,” says Colin Green, a director of Rabie Property Group which is developing Oasis in a joint venture with a Harries Projects consortium.

“There is no doubt  the fact it is the last opportunity buyers have to purchase directly from the developer has created an unprecedented level of urgency.”

The 11-storey building, comprising 42 one, two and three bedroom apartments, is being developed at a cost of R270 million.

It follows the success of Palm Brook, the fifth block in the resort currently under construction where 47 of the 52 apartments have been sold seven months ahead of completion.

Green said Palme Vue would comprise fewer but on average larger apartments than what had been offered in previous blocks to meet strong demand for even more spacious units.

Apartments, which range in size from 94 square metres to 247 square metres, including terraces, are priced from R3, 4million to just over R10million, VAT inclusive. No transfer duty is payable.

All the apartments have terraces or balconies ranging in size from 19 square metres to 77 square metres.

All apartments will have luxury finishes and a minimum of one basement parking. Many will also have a second bay and a storeroom included in the price.

As with the three most recent blocks (Palme d’Or, Palm Royale and Palm Brook), Palme Vue will be linked to the extensive Oasis Club facilities by an undercover passage. A satellite recreational room is also planned to add to the communal facilities for Oasis residents and their guests in the new garden court

Palme Vue will be served by two lifts and have a 24-hour dedicated concierge at the entrance lobby.

Construction is due to start in June/July this year with transfer anticipated in the third quarter of 2018.

For further details  phone Cindy on 082 4957168; Lorenda on 0832704755 or Linda on 0827856160 or visit the website www.oasisretirementresort.co.za

November 7, 2014

15 Palme d’Or apartments sold in the first week!

Directors of Oasis Joint Venture at the Palme d'Or launch from left to right: Roger Harries, Marc Cohen, Colin Green and John Chapman

Directors of Oasis Joint Venture at the Palme d’Or launch from left to right: Roger Harries, Marc Cohen, Colin Green and John Chapman

Sales at the launch of Palme d’Or, the next apartment block in the Oasis Luxury Retirement Resort at Century City, far exceeded expectations with 15 of the 43 apartments sold within the first week, with 14 of those purchased over just four days, and a further six apartments under negotiation.

“This is unprecedented for a retirement product,” says Colin Green a director of the Oasis Joint Venture which comprises Rabie Property Group and a Harries Projects consortium.

“In fact when Oasis launched its first apartment block back in 2004 only seven units were sold in the first year.

“Since then the tempo of sales has picked up considerably – we have sold over 230 apartments in the first three phases with a total of 17 units in our phase three building, Palm Royale, being sold since January this year but we have never achieved anything close to 14 sales in just four days!”

The 15 apartments, he said, had been sold for a total of R63million.

Green said that over and above this their sales team had notched up a number of resales over this period.

“So all in all it has been an incredible showing and we have no doubt that we will be in a position to start construction in January 2015 for completion in mid-2016,” said Green.

Green said there were many factors driving sales at Palme d’Or not least of which was that buyers could see the high calibre of the development they were buying into and that all the amenities such as clubhouse and care centre were already there and not based on future forecasts or promises.

“There is also a furnished showflat in the Palm Royale – the third block we completed – where potential buyers can see the high quality of finishes that Oasis offers.”

He said three of the 57 apartments in Palm Royale remained to be sold but there was strong interest in all three and these were expected to sell very quickly.

The luxury apartments in Palme d’Or will range in size from 94 square metres to 228 square metres and will boast quality finishes, covered terraces and air conditioning. Most of the apartments will have utility rooms and all one bedroom apartments will have studies.

Priced from R2 650 000 to R8 500 000, VAT inclusive and with no transfer duty payable, all apartments will have basement parking and most of them will also have a store-room included in the price.

To be developed at a cost of R220million, the 11-storey Palme d’Or will be served by two lifts and a 24 hour dedicated concierge.

For further details contact should contact Cindy, Linda or Lorenda on 021 2500592/3 or 0824957168.

Palme d Or
October 23, 2014

Palme d’Or – new R220m luxury retirement apartment block for Oasis

Palme d Or

Palme d’Or, the fourth apartment block in the Oasis Luxury Retirement Resort at Century City, is to be launched shortly.

Meaning Golden Palm and named after the highest prize awarded at the Cannes Film Festival, Palme d’Or will be “unashamedly upmarket”, according to Colin Green a director of the developer, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium.

The 43 luxury one, two and three bedroom apartments will boast top of the range finishes, covered terraces and air conditioning, and will range in size from 94 square metres to 228 square metres. In addition almost all of the apartments have utility rooms and all one bedroom apartments have studies.

Priced from R2 650 000 to R8 500 000, VAT inclusive and with no transfer duty payable, all apartments will have basement parking and most of them will also have a store-room included in the price.

To be developed at a cost of R220million, the 11-storey Palme d’Or will be served by two lifts and a 24 hour dedicated concierge.

Its construction follows the successful completion in July of the third apartment block in the development, Palm Royale, which comprises 58 apartments over 11 storeys.

The first two phases of the Oasis development consisted of Palm Springs and Palm Grove apartment blocks with 174 units in total as well as Club House, of which all residents automatically enjoy membership. The facilities include a 25m indoor heated pool where regular water aerobics classes are given by a qualified teacher, a massage room, sauna, steam room, fully equipped gym, a library, lounge areas, a restaurant, bar, bridge room, billiard room and a new 200 seater multi-purpose recreational/entertainment venue with a patio overlooking ponds and beautiful landscaped gardens which were extended with the opening of Palm Royale and will be further extended with Palme d’Or.

Also completed in phase one is the Oasis Care Centre which offers hotel-style assisted living apartments, frail care and a specialised Alzheimer’s/Dementia unit as well as physical rehabilitation.

As with Palm Royale, Palme d’Or will be linked undercover to the Oasis Club.

Green said besides all the exceptional facilities provided at Oasis, its location in Century City put it within easy walking distance of other world class amenities including the Intaka Island wetlands reserve and Canal Walk Shopping Centre.

“In addition, Century City’s pristine environment, beautiful landscaping, its high level of safety and security, its modern infrastructure and MyCiti bus service and so forth provide further appeal to purchasers.”

Construction of Palme d’Or is due to start in January 2015 with occupation scheduled for June 2016.

Green said there had been strong pre-launch interest and there was a growing list of potential purchasers who would be invited to an invitation only pre-launch function on Thursday 30 October ahead of the public launch on the weekend.

Anyone interested in being invited to this function should contact Cindy, Linda or Lorenda on 021 2500592/3 or Cindy on 0824957168.