Our history

Safrich and Valumax Group of Companies Timeline

1987

Safrich is established to enter the untapped bonded housing market

Safrich starts housing projects in the then “Northern Transvaal” from Bela Bela (Warmbaths) to Mahwelereng (Potgietersrus) and Seshego (Pietersburg), among others

1989

Office in Johannesburg established

1992 – 1996

Rabie Ridge development with 820 units and expands further North from Seshego to Tzaneen

1996 – 2000

Safrich starts the first mega development in Kaalfontein with 5 100 units

1997

Safrich celebrates 10th anniversary

1997 – 2001

Expands further North and East and into Free State and Phutaditjaba

2001

The acquisition of Thorntree View in Soshanguve is completed

2002 – 2006

Start of new developments with IDT Projects (4 000 units); Gash-housing Residential Blocks and other residential blocks

2007

Safrich celebrates 20th anniversary

2008

Brooklands Development completed

2009

Summerfield Development completed

2010

Commencement of infrastructure in Riverlea Estate

2011

Safrich rebrands as Valumax Projects and the Valumax Group of companies are established

Valumax Midrand acquires Allandale View in Midrand and commences with civil construction

2012

Allandale View sold out on launch day and delivers the first completed units to clients in December

2013

Allandale View and Riverlea Estate completed, and all units transferred

2014

Riverside View Mega City Project acquisition, land use rights and environmental authorisation secured

2015

Clayville Mega City Project secured, and first 200 RDP units completed

Construction of infrastructure commences in Riverside View

Waterberg Fields Development officially launches

2016

Development of 18 000m2 Thorntree Plaza Shopping Centre, with the McCormick Group, in Soshanguve

2017

Valumax celebrate 30th Anniversary

Clayville Mega City Project land use rights and environmental authorisation is secured

First 237 rental units completed in Riverside View Mega City Project

Curro Primary School officially opens in Clayville Mega City Project

First 501 RDP Multi-story units completed and handed over in Clayville Mega City Project

2018

Development of 30 000m2 Alex Mall Shopping Centre, with the McCormick Group, in Alexandra

Riverside View substation, FLISP units, and RDP units are completed, and Curro Primary School opens

2019

Completion of RDP Multi-story units in Clayville

2020

Riverside View Ext 35 completed and FLISP units transferred

Development of 6 500m2 Riverside Square Shopping Centre in Riverside View

2021

Riverside View developments transferred to new owners

Tanganani Mega City Project acquisition is completed

2022

Valumax East concludes land acquisition for New Modder Development and commences with infrastructure installation

2023

First FLISP units transferred to new owners in New Modder Ext 8

Infrastructure installation completed in New Modder Ext 11

Southern Farms acquisition is completed

2024

Tanganani Mega environmental authorisation secured

680 housing units delivered to date in New Modder

Title deeds and housing units delivered to RDP beneficiaries at Riverside and Clayville