Showing posts with category "property"

This popular shopping mall in Joburg is getting a R250 million expansion

The Vukile Property Fund has acquired the Pan Africa Shopping Centre in Johannesburg, with plans to significantly expand the mall in the coming years.

November 28, 2022
tags
property

This international property trend is proving extremely profitable for investors in Cape Town right now

Two sectors significantly leading the current commercial real estate curve in South Africa are savvy redevelopments of under-utilised commercial sites and industrial property investments.

November 27, 2022
tags
property

Why the biggest rate hike in nearly 20 years could drive investors to Cape Town

The recent highest single rise in the repo rate in nearly 20 years is likely to drive investor movement towards Cape Town which is currently seeing the strongest rental growth of the major industri...

November 27, 2022
tags
property

The average purchase price for a house in South Africa right now – and a shift in buying patterns

Data from bond originator, Ooba finds that banks in South Africa continue to offer competitive interest rates on home loans, despite the tough climate.

November 19, 2022
tags
property

Some good news for South Africa’s rental property market

The Reserve Bank’s shock 75 basis point rate hike this week pushed the prime lending rate to 8.25%, which could see demand for residential rental property go up, says TPN Credit Bureau.

November 26, 2022
tags
property

South Africans looking to downscale are moving to these Joburg estates

Lew Geffen Sotheby’s International Realty reveals where parents whose kids have left home are considering to move.

November 26, 2022
tags
property

Here are your options if you buy a house with a leaking roof or damp issues

The prospect of finding your dream home may distract you from seeking out the ‘nitty gritties’. Some of the details that a potential homeowner might miss could be as small as a loose door handle or...

November 25, 2022
tags
property

How much more you will pay on your bond after South Africa’s latest shock interest rate hike

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday (21 July), hiked the repo rate by 75 basis points to 5.5% – taking the prime lending rate to 9% – making financin...

November 25, 2022
tags
property

South Africans are not going back to the office – so now they are being turned into residential estates

Buy-to-let activity is on the rise once more as investors start to explore a whole new tenant demographic, says Berry Everitt, chief executive of the Chas Everitt International property group.

November 23, 2022
tags
property

Follow this one rule if you want to flip houses as a side hustle in South Africa

Flipping houses can be profitable, but like many businesses, it has potential pitfalls.

November 19, 2022
tags
property

This is what the average house looks like in South Africa’s richest suburbs

The latest Africa Wealth Report for 2022 published by New World Wealth shows that much wealth still resides in South African cities notably Johannesburg and surrounds, and Cape Town.

November 21, 2022
tags
property

You will need these new forms when buying and selling a house in South Africa

The Property Practitioners Act came into effect in February 2022, bringing with it a host of changes when buying or selling a house in South Africa.

November 24, 2022
tags
property