Experience modern luxury redefined with contemporary designed 1, 2 and 3 bedroom rental units

This beautiful, iconic and never-seen before Eswatini residential estate is situated between the Mbabane/ Ezulwini and Matsapha/Manzini corridor.

It provides quality, modern lifestyle living between two major economic nodes, with great infrastructure access, transport and utilities.

Be part of a lifestyle village estate, where villages are expressed with modern architecture and within a master-planned precinct of distinction. The villages are designed to have unique elements, including architecture, use of colour, and landscaping that allow your close community to express itself individually, whilst still being part of a larger community where benefits of being in a modern master-planned precinct apply; such as modern road networks, parks, landscaping and infrastructure services.

The master-planning allows convenient access to shops, easy access to units, green corridors, pedestrian friendly movement, and a safe haven for families. There are a number of accommodation offerings, from 1 bedroom up to 3 bedroom apartments, as well as future gated communities, and plot and plan opportunities.

Your aspirations are at the forefront of our thinking in this development, where we structure leases and future ownership in order to facilitate your ability to relocate into larger accommodation in the future as you grow.



The home your family deserves… and a whole lot more.

Malkerns Square is centred around beautifully designed buildings and inspiring timeless architecture by world renowned architectural firm, Paragon Architects. The first village celebrates the modernism of Bauhaus architecture.

You’ll find high quality construction and great finishes in every apartment.

The eco-estate design includes running and walking paths, village parks, green community spaces, soccer field, tennis-, basketball-, and volleyball courts, barbecue areas, and specific village child parks

The emphasis on community, family, youth and retirement. The estate is designed with sustainable energy solutions in mind, which will include renewable solar power, and environmentally sustainable water management – based on recycling and efficiency.

High speed fibre installations are available in every home – subscribe directly with EPTC (subscription fees apply).

Malkerns Square comes with the ultimate convenience as retail offerings are in the estate’s doorstep.

Strictly enforced maintenance and estate rules to ensure lifestyle quality, with extraordinary security.

The style elements don’t stop at brick-and-mortar, as substantial investments are made in designed and manicured gardens surrounding every home



In 2015 SBC acquired Pine Acres (Pty) Limited, a property development company with a 42 hectare piece of land in Malkerns, Eswatini.

Land area: 42 hectare
Road area: 31,500m2
Green area: 61,000m² Includes: Club house, Swimming pool, Kids play areas, Running and walking paths, Open community parks, Soccer and volley ball courts, Tennis and basketball courts, Barbeque facilities
Residential: About 1100 apartments planned to be constructed over 8 years
Residential (phase 1 & 2) complete: 147 units, comprising of 1, 2 and 3 bedroom apartments ranging between 48m2 to 88m2
Luxury Embassy Units: 8 double story units, 248m2 each
Retail phase 1: 2200m (Complete)
Retail phase 2: 5000m (Future)