About the Project
Pennyville, a mixed housing development close to the New Canada train station, now stands where there was once barren and rocky land. The project is a joint initiative between the City of Johannesburg’s Department of Housing and a private company called the Pennyville Zamimpilo Relocation Pty Ltd. It resulted from a land exchange agreement between the two parties. Situated opposite the New Canada station and adjacent to New Canada Road, the project has easy access to Johannesburg’s city centre.
Having been earmarked for the relocation of an estimated 1 600 families from the Zamimpilo informal settlement, the plan encompassed the development of 2 800 stands. Pennyville, built in four phases, offers different housing options for beneficiaries: 1 600 fully-subsidised RDP houses, 200 JOSHCO affordable- rental units, 600 JOSHCO communal units and 800 middle and high-income rental units offered by investors and banks.