Affordable rental housing

Aspirational rental stock in well-connected places.

SOM’s residential division publishes a focus on affordable rental properties in major Southern African cities, using greenfields development, office conversion and redevelopment of existing residential complexes.

From inception to operation

A full-cycle residential model.

SOM says it controls residential projects from inception through operation, including development management, construction management, asset management and property management. Property management is delivered through subsidiary Up My Street Properties.

SOM residential development
Published residential projects

Four named projects. Four different urban contexts.

Unit counts below are the figures currently published by SOM for these projects.

Windsor West

Urban regeneration with West Property Fund, transforming older properties into affordable and aspirational rental units with access to schools, work, transport and amenities.

450units

Silwood

Affordable housing with Amilah along the Louis Botha Avenue Corridor of Freedom, in Gresswold and Lyndhurst.

68units

BarSOM

Office-to-residential conversion work with Barrow in Blairgowrie, targeting aspirational but affordable rental units.

48units

Ivlyn

Redevelopment of well-located Bramley flats near Sandton City in partnership with Ivan Saltzman.

99units
Residential approach

Density, reuse and connection.

SOM’s published residential strategy combines increased density, revitalisation of existing structures and new development, with urban regeneration as a recurring theme.

01

Acquire

Identify and acquire well-located rental opportunities.

02

Rework

Greenfields, conversion or redevelopment depending on the asset.

03

Manage

Development and construction management through delivery.

04

Operate

Asset and property management across the operating phase.