Now that Vanguard Properties Development Company (VPDC) has launched its latest project, the Vanguard Oasis and Vanguard Village, both situated at prime areas of Prampram, one theme in its property development strategy has become clearer: the private limited liability company has positioned itself to cut across the entire spectrum of housing development – from the affordable to the high end of the market.
VPDC, whose owners are the three other companies in the Vanguard Group – Vanguard Assurance, Vanguard Life, and City Investments, was incorporated in 2006 as a special purpose vehicle to harness the properties of the Group and for the building of the current six-storey office block for the Vanguard Group, which was completed in March 2009.
Since January 2012, when VPDC started serious housing development business, it has built three main gated community developments at various stages of development – Vanguard Enclave, an affordable gated housing development at Amasaman; Vanguard Villas, a 10-unit Town Houses in a gated community at Cantonments; and the Vanguard Heights, a two-block executive flats in Accra.
The successful development of the three projects obviously inspired VPDC to push further into the two new developments at Prampram christened Vanguard Oasis and Vanguard Village.
As part of its development strategy, VPDC sells a significant proportion of its development off-plan.
Some impending high end developments of VPDC to be launched soon include:
• Vanguard Heights 2 – Four blocks of Luxury Apartments adjacent Vanguard Heights,
• Vanguard Place – A combination of semi-detached and detached Town Houses at Ridge behind Alisa Hotel.
• Vanguard Court – A luxury apartment at East Cantonments made up of two and three bedrooms.