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About Pinnacle Point Holdings
In the past 3 years, Pinnacle Point Holdings has generated more than R2bn in sales, developing eight projects that chairman Ivor Stratford said were “changing the way lifestyle developments are constructed by thinking out of the box”. In this way, PPH has carved a niche in the development of golfing and residential estates throughout South Africa, becoming the largest golf course developer in the country.
We put enormous amounts of time, energy, thought and care into everything we touch, everything we build and everything we do. If something is missing or not quite right, please let us know. We look forward to hearing from you.
E-mail: pph@estata.co.za |
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Press Office Pinnacle Point Holdings
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| Strong Sales Confirm Demand for Secure Golf Residential Estate in PE |
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Phase one of the Wedgewood Golf and Country Estate sold out within weeks of being released and sales of phase two are selling at an equally fast
Stands range in price from R565 000 to R1,4 million and according to Stone investors have seen on average a 30% increase in the value of their properties over the original purchase price. The first “sod” was turned in May this year and completion of services is scheduled for the beginning of 2008, after which owners can start building their homes.
State of the art 24-hour security and an on-site shopping village with boutiques, cafés and restaurants are strong selling points. Younger buyers and families are also attracted by the range of sporting activities, including tennis courts, gymnasium and a swimming pool, whilst buyers of the stands at the adjacent retirement village are drawn to the estate by the excellent medical and health care facilities and daily bus service into town.
| Press Release Pinnacle Point Holdings, 10-10-2007 |
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| Clarens Tops The Bill as a Family Escape |
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Property prices in the popular Free State hamlet of Clarens, a comfortable two hour drive from Johannesburg, are continuing to rise
This demand is evident in the record price of R3.15 million recently paid by a Johannesburg executive for a property at The Clarens Golf and Trout Estate.
According to Pinnacle Point Holdings Sales Manager George Page, business executives in Johannesburg, Durban and Bloemfontein have been investing in Clarens in ever-increasing numbers - and the reasons are obvious. With a population of 3 500, Clarens is almost crime-free and has the added benefit that it is not just a seasonal holiday resort, as there is plenty to do all year round for the whole family.
| Press Release Pinnacle Point Holdings, 08-10-2007 |
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| Overview of Pinnacle Point Holdings (Pty) Ltd |
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Property group Pinnacle Point Holdings has carved a niche in the development of lifestyle residential property and golfing estates throughout South Africa
In the short space of five years, Pinnacle Point Holdings has moved from being a leading player in the local estate development market to an international contender.
In October last year PPH became one of the industry’s leading black economic empowerment companies, when it's BEE consortium, headed by Lazarus Zim, acquired a 26% stake in the company. In June 2007 PPH won a R9,2 billion tender from the Seychelles Government to develop the world’s most exclusive golf and lifestyle estate on a small island off Mahé, in the Indian Ocean watersport paradise.
| Press Release Pinnacle Point Holdings, 10-09-2007 |
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