BusinessLifestyleLocalTrapezoid Is Making Headway

In 2003, Chico Premjee, Rasik Soni and Nitesh Premji teamed up to form Trapezoid Investments. Now, 17 years later, they have established themselves as a renowned developer of many of the iconic buildings in the greater Umhlanga precinct.   Trapezoid Investments has entrenched themselves as Umhlanga Ridge town centre’s biggest developer to date, who now boasts 11 luxury, modern developments.   “Umhlanga Ridge town centre caught our attention years ago as it had so much...
Jordyn TrollipOctober 6, 2020
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In 2003, Chico Premjee, Rasik Soni and Nitesh Premji teamed up to form Trapezoid Investments. Now, 17 years later, they have established themselves as a renowned developer of many of the iconic buildings in the greater Umhlanga precinct.

 

Trapezoid Investments has entrenched themselves as Umhlanga Ridge town centre’s biggest developer to date, who now boasts 11 luxury, modern developments.

 

“Umhlanga Ridge town centre caught our attention years ago as it had so much potential to create a cosmopolitan, upmarket lifestyle with everything you need on your doorstep. It has been estimated that over 27 million visitors are attracted to Gateway Theatre of Shopping within a year, with an extra 2.2 million expected to visit over Easter, an estimated 2.3 million to 2.4 million within July, and 3.2 million during the December festive season. Now with the addition of Park Square and the flagship SPAR, more and more corporates, locals and visitors will flock to the area,” explains Chico Premjee.

 

They started with Platinum Towers, a development of 30 apartments, and have become bolder with each development, where they are now building Ridge Town Centre which has 267 units, as well as Izinga Hills Estate that boasts freestanding homes and apartment offerings. They are renowned for the quality and volume of work achieved on Umhlanga Ridge and a number of highly successful, ultra-luxurious Umhlanga developments. With an overarching strategy to create modern living spaces for discerning investors, the company has also specialised in residential and mixed-use developments, with One on Herrwood, Herrwood Skye, Twilight Park, Savannah Park, Seasons Park, Izinga Hills Estate and Ridge Town Central.

 

Trapezoid Investments is actively involved in the entire lifecycle of each individual project, which means they are there from the very beginning when choosing an appropriate site, gathering ideas for initial concepts and curating the plans to ensuring that the estate is completed and ready for handover. Their services range from managing the professional team, ensuring compliance with any impact assessments, securing the necessary planning approvals, design, develop, costing and assisting clients with the process of securing finance.

 

“We want to make sure that our ideas and plans are executed to an exceptional standard, and therefore ensure that we team up with reputable builders in the industry. It is important for us and the end-user to know that the product that is being handed over is of high quality. As we continue to deliver on what we promise, our developments go from strength to strength and our relationships with investors and property buyers flourish,” explains Premjee.