iTowers developer shifts focus to residential market

Tuesday, November 04, 2014

Construction of the second phase of iTowers has started PIC: KEBOFHE MATHE

Developers of iconic iTowers, Tredinick Property, have decided to shift their focus to the residential property market due to stiff competition in the retail and office space in the Central Business District (CBD).

The company, which is currently building the second tower, adjacent to the first one, believes the development of the second tower would boost its competitive edge in the residential property market.

The company has expressed confidence that this development would satisfy high demand of living space in urban areas. The first tower is a mixed-use scheme, comprised of residential units, conference facilities, retail compounds and office units. However the second tower, which is currently under construction consists of only residential units.

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iTowers developer shifts focus to residential market

Developers of iconic iTowers, Tredinick Property, have decided to shift their focus to the residential property market due to stiff competition in the retail and office space in the Central Business District (CBD).