Platinum Village, South Africa
Name of the Project
Platinum Village.
Location
Rustenburg, in North West, South Africa.
Project Owner/s
Impala Platinum (Implats).
Project Description
Platinum Village is a flagship project that has four phases that will deliver 2 128 housing units.
Three of the four phases have been completed:
- Phase 1 – 503 units have been built and sold. The 54 apartment units are rented to employees.
- Phase 2 – 516 units have been built and sold. The 54 apartment units are rented to employees.
- Phase 3 – 501 units have been built and sold.
- Phase 4 – involves the construction of 500 units, started in June 2023.
Potential Job Creation
Not stated.
Capital Expenditure
Implats has spent more than R5-billion on housing and living conditions since it adopted its accommodation strategy in 2008.
Planned Start/End Date
Not stated.
Latest Developments
Minerals Council South Africa reported in its Accommodation Newsletter of October 2024 that 167 units in Phase 4 of the project had been completed for new homeowners.
Key Contracts, Suppliers and Consultants
Not indicated.
Contact Details for Project Information
Impala Platinum, tel +27 11 731 9000 or email investor@implats.co.za.
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