Valumax celebrates milestone Clayville housing handover with Gauteng Department of Human Settlements

26 April 2024

Valumax is proud to congratulate the Gauteng Department of Human Settlements and Infrastructure Development on the handover of 164 subsidised houses to qualifying residents at the Clayville Mega Housing Project in Tembisa, Ekurhuleni.

The ceremony on 26 April, presided over by Lebogang Maile, the MEC for the Gauteng Department of Human Settlements and Infrastructure Development and representatives from the City of Ekurhuleni, marks a significant milestone in providing affordable and quality housing to deserving beneficiaries.

The Clayville Mega Project, developed by Valumax, is a hallmark of urban renewal and community development within the City of Ekurhuleni Metropolitan Municipality. Ideally located on the boundary between several key areas such as Midrand, Ivory Park, Tembisa, and others, the project enjoys strategic proximity to major freeways like the N1 and R21. This positioning is vital as it connects the development directly to the bustling Midrand CBD and the broader N1 Development Corridor.

Once completed, the Project will yield approximately 12 000 mixed-housing units. Currently, 3 232 fully subsidised (BNG) houses, 2 541 bonded houses, and 92 sectional title units have been successfully allocated to beneficiaries. This initiative addresses South Africa’s critical housing shortage and contributes substantially to the local economy by subcontracting 33 local SMMEs and creating over 240 job opportunities.

Francois Bekker, an executive director of Valumax, said the company was committed to enhancing the lives of South Africans through sustainable housing solutions and robust community development.

“This project underscores our dedication to delivering top-quality housing and showcases our ability to collaborate effectively with governmental and local entities,” he said. “We are delighted to see the tangible results of our collaboration with the Gauteng Department of Human Settlements. Each key handed over represents a family’s dream realised and a step forward in our commitment to building communities.”

The handover event included a tour of the facilities, where MEC Maile inspected an additional 200 houses nearing completion. This visit highlighted the project’s progress and the comprehensive planning and execution that define the partnership between Valumax and the Gauteng Department of Human Settlements.

Upon completion, the project aims to include a mix of multi-storey RDP units, single-residential FLISP units, and multi-storey First Home Finance Subsidy Programme (FLISP) units. RDP houses are fully subsidised by the government and provided free of charge to qualifying low-income families. FLISP is a government subsidy for all low – to middle-income households earning between R3 501 and R22 000 per month. These households have the financial means to secure a mortgage but still find it challenging to afford the full price of a house.

These efforts underscore Valumax’s commitment to addressing South Africa’s housing crisis by providing diverse housing solutions to meet the needs of various income groups. Bekker notes that the Clayville development, like all its mega housing projects, is not just about housing; it’s about creating a vibrant, sustainable community. Planned social amenities such as primary and secondary schools, a library, parks, a community centre, a shopping centre, business stands, and places of worship will enrich residents’ lives.

“Valumax is proud to lead such a transformative initiative, reinforcing our dedication to improving urban spaces and enhancing the quality of life for countless South Africans through thoughtful, inclusive urban planning and development,” Bekker concluded.