Page 9 - Waterfall City April Issue 2023

dedicated team that sees it through. “All apartments are developed in line track, an action sports field, a playground,
The success of Munyaka is a testament with IFC EDGE Advanced protocols, a laundromat, a cinema, and a Camelot
to this philosophy, with a vast team which means apartments are zero wellness spa.
of countless people from Waterfall carbon ready, and we achieved
City and Balwin, professional teams, 40% or more on-site energy savings Munyaka, which means ‘crystal’ in
contractors, sub-contractors, suppliers, compared to conventional building Venda, has already won several awards,
and local authorities all contributing. methods. In addition, we leveraged including Best Leisure Architecture in
As the architect, LYT is immensely this achievement with the major banks South Africa and was also an award
proud to have played our role in this as part of our Green Bond offering, winner in the Leisure Development
project and grateful for our long and where qualifying homebuyers will get South Africa category at the 2022 Africa
successful association with Balwin. We a further reduction in their mortgage Property Awards. “Munyaka is the crown
congratulate them on Munyaka and rate due to our greening efforts. So far, jewel in our development portfolio,”
the inspiring vision they are creating we have secured 5 312 green bonds for says Brookes. “Notwithstanding the
for the future.” clients across South Africa, providing challenges we currently face as a country,
them with total savings of R389 million I firmly believe in South Africa’s future.
It is an exciting time for buyers, too, over the duration of the bond,” Brookes This R10-billion investment is a huge
explains Brookes, “No bond or transfer explained. vote of confidence in our resilience
costs are payable, and first-time as a nation. We have worked closely
homeowners and youth buyers qualify The state-of-the-art Lifestyle Centre is with our architects to bring something
for a 10% incentive in terms of Balwin’s an equally exciting addition, offering exceptional to South African sectional
campaign to provide these stakeholders residents free WiFi, an on-site concierge, title buyers and believe that it will set a
with an opportunity to get onto the meeting rooms, a restaurant and coffee new standard for lifestyle estate living in
property ladder. bar, a Vitality-approved gym, a running Waterfall City and the country.”

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