Listed in the real estate holding and development sector on the JSE since October 2015, Balwin has developed over 17 000 apartments in 77 residential estates since its inception 21 years ago. These estates are located in high-density, high-growth metropolitan areas in greater Johannesburg, Cape Town and Pretoria.
February 2018 Final estimated to be released on Tuesday , 15 May 2018
Balwin is a specialist, niche, national large-scale, turnkey, sectional-title, residential property builder and developer targeting high-density, high-growth metropolitan areas in South Africa.
Balwin estates (typically between 500 - 1,000 sectional-title residential units per development) offer secure, affordable, high-quality, environmentally friendly and conveniently located 1, 2 and 3 bedroom sectional-title residential units which range in size from 45m2 ? 120m2 and in price from R599,900 ? R1,699,000 per unit (including modern fitted kitchen appliances) within the normal operating model.
Units are designed to appeal to a wide range of home buyers. All larger estates comprising ? 500 units and above offer a lifestyle centre with well-established concierge and other all-inclusive value added services including amongst others, a spa, restaurant, gym, squash court, action sports field, heated swimming pools, playgrounds and free wi-fi.
History and international acclaim
Balwin which was founded by Stephen Brookes, commenced operations in 1996 with its first development (a small 50 unit sectional-title development in the south of Johannesburg) that was sold for R99,000 per unit.
Today, Balwin is considered South Africa's largest homebuilder targeting the middle income market segment, with operations in all three of South Africa's largest cities. The Company has developed various iconic residential estates in recognised middle-to-high income, high-density, high-growth residential nodes in Johannesburg and has a growing presence in Pretoria East and the Western Cape.
Balwin is consistently recognised as the national homebuilder of choice in South Africa with various awards and industry recognition.
Balwin operates exclusively within South Africa and has its headquarters in Bedfordview, Johannesburg and a local office in Stellenbosch, Cape Town.
Product offering and vertical value-chain integration
Balwin currently develops and sells between 1,750 and 2,000 sectional-title residential units per year, but has the ability to increase its development capacity. The construction of new developments which is generally undertaken against pre-sales is rolled out in phases (between 50 ? 100 units), allowing for appropriate risk management at all stages of the development process. Estates are built to a standard specification enabling Balwin to benefit from significant economies of scale.
All elements of the development and sales processes are performed in-house, with the exception of certain professional services, which depending on the specific project requirements are outsourced to approved vendors with whom the Company enjoys long-standing relationships.
This hands-on approach enables Balwin to maximise efficiencies from all processes throughout the development cycle, ensuring its promise of quality, affordability and conve