Did you know? Two Rivers has recently been gazetted as an economic zone, making the surrounding areas prime for investments.
What implications does the gazettement of Two Rivers as a Private Services-Focused Special Economic Zone (SEZ) have for residential investments within the development?
The gazettement by the CS Ministry of Trade and Investment (on 14th June 2023) of 64 acres of the 106-acre Two Rivers development as a special economic zone, specifically targeting private service businesses, is significant. This 64-acre territory has been zoned and named the “Two Rivers International Finance and Innovation Centre (TRIFIC).”
With the establishment of TRIFIC, we anticipate an influx of enterprises taking up commercial spaces, leading to an increase in the number of local and expatriate staff working within the development. Given the live-work-play concept already established around the Two Rivers ecosystem, a significant percentage of this workforce is likely to opt to reside within the development to reduce commute times and enjoy the convenience and superior amenities available.
This development is expected to result in several outcomes:
- High demand for rental units across the spectrum, including high-end, mid-market, and affordable housing.
- Increased likelihood of earning rental income denominated in dollars, as global firms paying their staff in USD seek to establish within TRIFIC.
- Above-market rental yields (potentially double-digit) as demand for rental units gradually increases.
- Increased value of residential homes due to capital appreciation.
- Increased selling price for homes in the construction pipeline.
How can residential investors take advantage of this opportunity?
- Consider purchasing additional properties within the surrounding areas of Two Rivers Mall to benefit from passive rental income and capitalize on significant value appreciation upon resale in the open market.
We are just minutes away from Two Rivers Mall, from the already gazetted economic zone. This proximity positions our clients to benefit from the economic activities and increased demand for residential properties in the area.
Seize this opportunity to invest now and capitalize on the promising prospects of this thriving economic zone. #InvestmentOpportunity #StrategicLocation