Parklands property owners are to benefit from Cape Town's Bus Rapid Transport (BRT) that is approaching its completion. The completion of the project is good new to property owners who spend hours in traffic between Parklands and Cape Town.Parklands continues to expand as new developments are planning for the 2 coming years which means that there will be more road users communiting from Parklands to Cape Town. Traffic congestion is due to the fact that there are no trains and only a limited number of busses operate in the area. Planned road changes are designed to accommodate bus lanes that will not be interfered with by car users.
Seeing the new roads and termini nearing completion has turned frustration into hope and now that hope is turning into reality.
The recovery of property markets from recession means that Parklands properties will experience more expansion as the suburb has become a prefare suburb in terms of price and its location. It also experiences market mix as there is buyers from all provinces who buy houses for different reasons. About 47% of residential properties in the Parklands area are tenented sectional titles which contributes to traffic congestion.
The completion of the BRT project is really good news to both property onwers and tenants.