Congratulations on taking the first step towards owning your very own home! There's no doubt the property market is currently challenging for buyers, but there are plenty of factors working in your favour. Adding to this, you have a fantastic option in Sky City. The biggest private property development near Alberton offers world-class living through a prime location, exceptional lifestyle elements, and top amenities. Take your family's future sky-high and discover why now's the time to invest.
The market is in your favour
If you're entering the property market for the first time, there's good news. There are several positive points that can help you make your move confidently. Newcomers can qualify for the Help Me Buy a Home subsidy, previously known as the Finance Linked Individual Subsidy Programme - FLISP. You can get financial support for your Sky City home along a sliding scale, from a minimum of R30 000 to a maximum of R130 000. In 2022, the subsidy's policy was revised so you also don't need a home loan approval before applying for it.
As a first-time buyer, you will be happy to know the transfer duty threshold was increased in 2023. Now properties below R1,1 million no longer have to pay transfer duty payments, making it more accessible to get the keys to a Sky City home.
Getting a home loan remains within reach for new buyers. Ooba reports that bond approval rates remain over 80% thanks to lender competitiveness and confidence in the residential property market. You can take advantage of this lending environment by shopping around for a loan that is best for your budget.
Also on a positive note, real estate remains a tangible asset that delivers greater returns in the long run than other investments. By buying a Sky City property, you have an investment that can be sold at a higher price at a later stage or give you a rental income as a landlord.
Sky City is ripe for your investment
The housing development is one of the most popular options on the market. Here are some of the reasons to consider joining the flock and grabbing a piece of Sky City real estate.
- Sought-after address: With a location close to some of Gauteng's main centres, it's easy to go to work or access a variety of amenities and special attractions. Sky City is near Alberton (10 mins), Germiston (15 mins), Johannesburg CBD (20 mins), Sandton (30 mins), and Soweto (40 mins).
- Appealing property options: Sky City has two-bedroom or three-bedroom townhouses for sale: Affordable Houses and Tuscan Houses. You can also buy one, two-bedroom, or bachelor apartments in The Bronx, ranging from 30m² to 50m² in size. The townhouse pricing starts from roughly R680,000 while the apartment entry point is R395,000.
- Charming living spaces: The townhouses include common features like a solar geyser, stove, prefab wall around the stand with a carport and gate, and roof insulation. Each house is fibre ready and pet friendly with ample yard space. The apartments are modern in design and boast open-plan kitchens and lounges.
- Range of amenities: You'll have every convenience you need to live your best life. These include Sky City Mall for daily shopping, schooling for Grade RRR to Grade 12 at Royal Schools Sky City, and religious activities at Faithful Faith Church. The development also offers a transport hub, sports facilities, and clinics.
- An enviable lifestyle: The reviews are in and residents love living in Sky City. Common highlights include having access to a quality school and shopping facilities, living in a secure, well-maintained environment, and being part of a close-knit community.
Elevate your living with Sky City
With Sky City, you can have it all - the perfect home, a great location, and an exceptional lifestyle. Don't miss your chance to own a home and build a future here for your family. View our Sky City properties for sale and get in touch with our team of property professionals to book a viewing.