The current favourable exchange rate for foreigners explains why holiday lets and longer term rentals for executives and their families have led to significant growth in turnover for Pam Golding Properties’ Western Cape rental division.
The company reports a 19% increase in turnover for its 2015/16
Moving is stressful, and moving with babies and toddlers in tow even more so. Young couples looking to raise their children in Cape Town’s Northern Suburbs are increasingly opting for new developments instead of taking on renovation and upgrading of the older stock available. Le
Sectional title owners cannot always have their assets repossessed to recoup disputed levies, according to Willem le Roux, director of sectional title finance company Propell. If repossession is denied, sequestration of the owner can then be investigated. But if the owner is paid up with
The Cape Town suburb of Vredehoek has shown an impressive increase in demand for its residential stock in recent years. According to Nelio Mendes, sales manager for IHPC estate agents, a duplex apartment in the suburb recently sold for R100,000 above its asking price of R1,95m,
It was a typical Saturday afternoon for 15-year-old Kristen*. The moment her parents left the house for their weekly grocery shop she felt as though she was possessed. Something inside her was about to snap. She felt detached - watching her bony hands frantically opening
Gauteng’s housing market achieved an average of 4.4% overall growth in 2015, in third place behind the Western Cape (10.6%) and KwaZulu-Natal (6%).
But there are some extreme differences between the different metros and suburbs within the province, says Rupert Finnemore, recently appointed Gauteng regional head
The rate of house price inflation is “hugging” the zero level, according to FNB household and property sector strategist, John Loos.
Though the FNB House Price Index for April 2016 rose by 6.4% year-on-year, the Consumer Price Inflation rate of 6.3% for March eroded any significant
The Sectional Titles Act states that participation quotas must be shown on the sectional plans to four decimal places. Why does mine only show three decimal places? Does that mean we have to redo our plans? - Anon
The Act 66 of 1971 said plans
The Mpumalanga town of Secunda has stands for sale at prices from R200,000, and one and two-bedroom apartments from around R600,000. These properties are sought by first-time buyers and buy-to-let investors, according to Natasha Herbst, the local Rawson Property Group franchisee.
How well do the payment
The Cape Town suburbs of Mowbray and Rosebank are experiencing an increase in property values and demand, according to Tina Malyon, area specialist for Lew Geffen Sotheby’s International Realty.
“A decade ago, the median house price in Mowbray was a very affordable R835,000, and in Rosebank it