GREEN IS THE NEW GOLD!
Environmentally conscience South Africans now have a golden opportunity to minimise their own environmental footprints while saving on long term utility costs. They do this by investing in one of Balwin Properties’ eco-friendly, top-quality Green Collection lifestyle estates.
Currently, Balwin’s Green Collection comprises Greenkloof Mooikloof Mega City and the Greencreek in Pretoria, Boksburg’s Greenpark estate, Greenlee in Johannesburg and the Greenbay eco-estate in Gordon’s Bay.
In early 2020 Balwin and ABSA partnered to deliver the ABSA Eco Home Loan. An industry first, this home loan is one more milestone in Balwin’s continuous commitment to sustainable development and delivering quality green buildings through innovation.
As a proudly South African residential development company, Balwin prides itself on developing affordable, eco-friendly apartments and strives to be national leaders in building green. Prior to the announcement of the ABSA Eco Home Loan, Balwin Properties announced it had registered over 16,000 units across seven of its built-to- sell and three of its green developments rated as EDGE certified by the Green Building Council South Africa (GBCSA). The International Finance Corporation (IFC), a member of the World Bank Group, confirmed that Balwin Properties’ EDGE registration of over 16,000 units was a global first, covering more homes than any single property developer in the world.
The EDGE standard is set at a minimum of 20% reduction across energy consumption, water usage and embodied energy in materials. Using the EDGE software, Balwin now has a cost-effective planning tool that helps build green. This is based on occupant behaviour, building type and the local climate.
Importantly, EDGE registration provides Balwin’s environmentally conscious buyers and tenants with the assurance that they are minimising their own environmental footprint while saving on utility costs over the long term. Absa’s Eco Home Loan enhances the benefits of EDGE certification by lowering the cost of finance for Balwin’s customers.