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On Friday, 29 November 2024, Cape Town reached a significant milestone as construction officially broke ground on The Paradigm a R1 billion luxury mixed-use development.
A special gathering took place with Premier Alan Winde joining the developers and esteemed professional team to mark the start of this iconic project. Positioned to transform urban living in the heart of Cape Town, The Paradigm will offer exceptional design and luxury, raising the bar for modern development.
An Iconic Landmark
The magnitude of The Paradigm is not only captivating, but the remarkable design boasts luxurious amenities and curated facilities. The development, designed by Fabian Architects and DHK Architects, includes a stunning 7th-floor swimming pool deck, 24-hour concierge valet services, and an impressive retail selection across the first three floors. This fusion of residential, retail, and hotel-style service delivers a lifestyle defined by convenience and sophistication.
Crowning The Paradigm are two luxurious penthouses, valued at approximately R35 million each. These exclusive spaces offer panoramic views of the city and include private four-car garages, making them an unmatched asset for discerning buyers seeking a signature Cape Town address.
With Tiber Construction overseeing the build, The Paradigm promises unmatched quality and durability, adding a new architectural landmark to Cape Town’s skyline.
An innovative marketing campaign, spearheaded by Launchbase, helped fuel the successful launch. Featuring a world-class film production and a strategic digital approach, the campaign generated anticipation and provided potential buyers with a seamless experience on launch day, ensuring that The Paradigm was firmly on the radar of investors and luxury property enthusiasts alike.
One of SA’s Most Successful Development Launches
The Paradigm, Cape Town’s latest luxurious residential development, set a remarkable benchmark on its launch day on Wednesday, 31 July 2024. The extraordinary project, spearheaded by Vantage Property and Tiber Construction, sits at 100 Buitengracht and almost a decade since its inception, is poised to reshape urban living in Cape Town’s CBD.
In a remarkable show of demand, apartments totalling over R300 million in value were reserved within hours, highlighting the city's demand for premier urban residences. In addition, over 20% of units reserved on launch day went to international buyers, signalling Cape Town’s growing allure as a top-tier real estate destination with global appeal. This overwhelming response places The Paradigm among the most successful launches in South Africa to date.
Huge Sales Milestone
Sales have continued to soar since the launch earlier this year with over 175 apartments sold worth a combined total of R580 million. Buyers from all over the country continue to show their confidence in The Paradigm and apartments of this calibre are becoming a scarce asset.
Now’s The Time!
There is still a fantastic opportunity to purchase an apartment at The Paradigm, especially knowing that with off-plan developments you secure your apartment today, but only pay for it in 2027.
The development offers a diverse selection of apartments, including one-bedroom units ideal for individuals or couples, two-bedroom units perfect for small families or professionals, three-bedroom units that provide additional space for larger households, and even four-bedroom penthouses for those seeking maximum comfort and luxury.
For more information visit www.the-paradigm.co.za
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