Pay less rent - use your government subsidy to save hundreds of rands - rent first & step up to own your home in Soweto

Brand-New 1, 2 & 3 Bedroom Apartments — From R 550 000

Orange View, Protea Glen, Soweto | Instalment Sale Programme

Apartment

Use your Government subsidy to save hundreds of Rands on your rental every month.

You can claim your Government subsidy if you never owned a property before (terms and conditions apply) and step into a dedicated homeownership journey to rent for 2 years and then proceed to apply for a home loan, and if approved, take transfer of your own 1 or 2 or 3 bedroomed home.

Your monthly rent will be reduced with the subsidy that you will receive upfront and the rental reduction applied in line with your subsidy.

Even if you do not qualify for the subsidy, you can still apply.

MDW INC Attorneys, Notaries and Conveyancers has accepted the mandate to market and sell residential apartments at Orange View, Protea Glen, Soweto — a newly completed sectional title development on an Instalment Sale basis.

Available units include 1-, 2- and 3-bedroomed apartments, each offered under a structured two-year pathway to full ownership — with the purchase price frozen for the full 24 months.

This is not only an opportunity for first-time buyers — any qualifying buyer or property investor can participate.

You move in, you pay your reduced monthly instalment (if you qualify for a subsidy), you have time to build and improve your financial fitness, and at the end of the two-year period you apply for your home loan and take transfer into your own name.

Why This Is Different From Ordinary Renting

With the Orange View Instalment Sale Programme, every step that you take, takes you closer to owning your own home.

Here is what makes this programme exceptional:

Your purchase price is LOCKED IN for 24 months — no matter what the market does
You apply for a subsidy and once approved, the transaction is processed
First-time buyers may receive a government subsidy of up to R68 000 — reducing your rent immediately
You occupy your brand-new apartment – the occupation process is fast tracked
A personal financial coach helps you build your credit profile throughout the programme
The whole process is legally regulated under the Alienation of Land Act 68 of 1981
Registration at the Deeds Office can be completed in as little as 14–21 days after signing and approval of your subsidy – no need to upfront qualify for a home loan
You apply for a lower home loan 22- 23 months later, with an improved credit score.(terms and conditions apply)

About Orange View — Protea Glen, Soweto

Orange View is a newly constructed, gated residential sectional title development located at 3535 Phakoe Road, Protea Glen, Soweto.

The development features modern architecture with bold orange accent finishes and includes:

Solar power, heat pump geysers with batteries and pre-paid electricity meters
Secured gated access with residents and visitor lanes
Covered and open parking throughout the complex
Landscaped internal courtyards with mature trees
Entertainment and communal areas
Centrally located — close to schools, shopping centres and bus routes

Apartment

Available Units & Pricing

All purchase prices are inclusive of applicable transfer and registration costs. Levies are payable separately each month. An application processing fee of R350 (individual) or R500 (couple) applies.

Apartment

Special Benefit for First-Time Buyers — First Home Finance Subsidy (Also Known as FLISP)

Qualifying first-time buyers may receive a government First Home Finance (FHF) subsidy of approximately R38 000 to R68 000 — calculated on a sliding scale based on household income. The lower the income, the higher the subsidy.

This subsidy is paid directly to the seller upon Deeds Office registration, immediately reducing your outstanding purchase price and proportionally reducing your monthly instalment from the very first month.

To qualify for the FHF subsidy you must:

Be a first-time property owner
Earn a combined household income of between R14 000 and R22 000 per month
Meet the standard FHF programme qualification criteria
Participate in the financial readiness programme to prepare for bond conversion

Buyers who earn above the subsidy threshold — including property investors — are equally welcome.

This programme offers a competitive and workable entry point into a growing Gauteng property market.

The Instalment Sale Agreement — How It Works Legally

An Instalment Sale Agreement (ISA) is a legally regulated contract governed by the Alienation of Land Act 68 of 1981. Once signed and registered at the Deeds Office, it creates binding ownership rights in favour of the buyer.

What makes the ISA registration process particularly attractive is it speeds up the process and it eliminates most of the delays of a property transfer and bond registration – as example:

No upfront rates clearance certificate from the Municipality required
No upfront levy clearance certificate from the Body Corporate required
No upfront transfer duty or VAT clearance from SARS required
No upfront home loan approval from a bank required – only 20 – 24 months later.

This dramatically simplifies and accelerates the registration process in the deeds office and occupation by the owner.

Once your Section 20 contract is registered at the Deeds Office, occupation and key handover typically occur within 14 to 21 days of signing.

“Many South Africans can afford a home, but strict bank credit requirements prevent them from qualifying for a mortgage. This programme allows families to move into a home now while improving their financial position so they can qualify for a bond at the end of the programme.”

— Meyer de Waal, Director, MDW INC Attorneys