A first for Mzansi – Hyde Park brings international trend to Gauteng

Published Oct 26, 2020

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Many of us are reassessing and adapting the way we live, work and play and it is no surprise these social changes are paving the way for new home and workplace trends.

Micro apartments have become a hot trend both internationally and here, with living spaces needing to be more flexible and convenient. A 2018 report from IP Global revealed that, in Europe, there was an 85% increase in transaction for micro-apartments from the previous year.

The popularity of micro-apartments has been driven by affordability, lower running costs, and eco-friendly elements with the report stating that they appeal to singles and young individuals and are typically situated in central nodes where public transport, employment and education is easily accessible.

Leading cities across the world, such as London and New York, have been at the forefront of micro-living trends and with the upcoming online launch of Citizen Hyde Park – one of the first micro-apartment buildings in South Africa, this trend is entering the local property market.

Picture: Citizen Hyde Park

This trend is changing the way we live and creating a dynamic way of life for on-the-go individuals, says Farrel Osher,

Furthermore, the micro-apartment offering reduces carbon emissions by providing an array of amenities within one address, including a co-working space, gym, versatile entertainment/function room, laundromat, convenient grocery store and coffee shop, shuttle and car hire service, communal dining and braai areas, and secure bike storage facilities.

Picture: Citizen Hyde Park

“That’s not to mention having easy access to the Gautrain and other public transport, business hubs, shopping centres, restaurants and bars. We wanted to create a space where you are within walking or cycling distance of desirable amenities. It’s your passport to a world that epitomises convenience.”

The millennial market and first-time buyers are leading this property demand; they are more inclined to change jobs, are in the beginning stages of chasing their careers, open to using public transport and are very social.

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