SA Affordable Housing March / April 2018 // Issue: 69 | Page 36

PROJECTS
All units are neatly finished with modern bathrooms.
the segments of the target market and, while the rent is
capped, there is annual escalation in line with the
consumer price index.
He continues, “The aim of the Social Housing Framework
was to service a market which is not catered for within
open market accommodation and BNG (RDP)
developments. By expanding the Social Housing
Framework, the Department of Human Settlements aims at
catering for low income earners that aren’t necessarily
catered for because of low affordability.”
MATLOSANA GARDENS UNITS COME WITH:
• Property management with several building managers
to monitor maintenance and ensure that the units
comply with social housing guidelines.
• Biometric access control with two entrances.
• Two fully fenced precincts for added safety and security.
• Fenced crèche with a centrally located play area.
• Laundromat and a tuckshop located near the crèche.
• Prepaid water and electricity.
DESIGN SPECIFICATIONS
Matlosana Gardens, once complete, is the result of a
strategic partnership between an IHS managed Fund and
Instratin Properties. This multi-storey social housing
development is one of the first ODA projects approved by
SHRA, with a development cost of R390-million and
comprises 1 168 units ranging from bachelor units to one-,
two- and three-bedroom apartments. The first 480 units
were released for occupancy over phases starting
December 2017 through to March 2018. If all goes
according to plan, the balance of the units will be released
for occupation in May 2018.
BREAKDOWN OF UNITS ON OFFER
NO. OF UNITS SIZE (m 2 )
Bachelor 352 30
1-bedroom 60 34
2-bedroom 696 42
3-bedroom 60 48
1 168
Matsolana Gardens is a multi-storey social housing complex.
See more on page 36.
34
MARCH - APRIL 2018
AFFORDABLE
SA HOUSING