Barrow Properties, Group Five and Amabubesi Property Group are backing the development and marketing has begun with prices starting at R9m and ranging up to more than R17m.

The apartments are expected to attract a discerning clientele eager to capitalise on Sandton's positioning as the 'CBD of Africa' and on South Africa's new found status on the world business stage.

Katherine & West Apartments will offer the ultimate in exclusivity, privacy, substance, prestige and convenience for buyers drawn from multinational and local corporates, high net worth individuals, organisations and investors from around the globe, according to Kent Gush Properties, marketers of the penthouses.

"The apartments, all of which are sectional title duplexes, offer a truly metropolitan lifestyle in a first world setting and are the complete residential lifestyle solution for the modern era," says Tammy Menton, Marketing Director of Kent Gush Properties.

Nothing will be spared to elevate the homes to the heady heights of similar properties in New York, London, Paris and the like according to designers, TPSP architects.

Each apartment will be fully climate controlled and Wi-Fi/Internet ready and access to the residences will be via a dedicated elevator from a private lobby.

Sizes range from 225sqm to 400sqm. Fittings and finishes are top quality with wood and marble features and the liberal use of natural illumination and free-flowing open space. Each owner will have the opportunity to personalise their interior 'fit-out'.

The price includes two parking bays plus a storage area in the basement and owners will enjoy the additional cachet of personalised stationery, concierge service and other niceties.

Meanwhile, interest in the office component, being marketed by Barrow Properties, has exceeded expectations with about 40% of the available floor area already signed for or in an advanced stage of negotiation. Construction is set to begin before the middle of 2011.

Source: www.property24.com