The Finance Linked Individual Subsidy Programme (FLISP) is the initiative by the Department of Human Settlements & NHFC (National Housing Finance Corporation) to assist first time home buyers, earning between R3,501 and R22,000 per month.
For example if you have a gross household income of R18,000 per month, you could get up to R47,734 subsidy, from the Department of Human Settlements, towards buying the property.
(Terms & Conditions Apply)
- Your home loan must be approved by a bank, so you would need to meet the bank’s qualifying criteria
- You must be a first time home buyer
- Your total gross/combined household income must be between R3,501 – R22,000
- You must be a South African citizen
- If you are single, you must have a dependent
| Property Purchase Price | R569,000 |
| Total Gross Household Income | R18,000 |
| FLISP Subsidy | R47,734 |
| Home Loan Amount Needed | R521,266 |
| Estimated Bond Repayments (at 7% interest rate over 20 years) | R4,014 |
Your apartment will be Smart Home Ready and Fibre connected on the day you move in. All apartments are fitted with high quality finishes and low consumption products. The Base Apartments offer comfort through clever design, utilising all liveable spaces, like an open plan kitchen flowing into the living area. An abundance of natural light flows through the apartment.
You can extend your living space outdoors by opting for an apartment with a balcony.
The Base Apartments is situated just off central Randburg CBD and is surrounded by a multitude of small to large businesses, corporations, universities, gyms, colleges, hospitals, plenty of shopping centres and night life opportunities. The brand new, state-of-the-art shopping mall, Ferndale on Republic, is just 2 minutes drive away. The Base is a 15 minute drive from Sandton, Bryanston or Rosebank. Making it the perfect base for young professionals.
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