Some 47% of home loans granted in the year to end-February were for houses priced above R900,000 - up from 43.5% in the previous 12 months.
This is according to BetterLife Home Loans, whose statistics cover 25% of the market, and peg the average purchase price
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
Hi, my mother rents an apartment in Kronendal Village in Hout Bay, Cape Town, owned by the Cape Peninsula Organisation for the Aged (CPOA). The village has started charging her the CSOS levy. My question is if my mom has to pay the levy, seeing
Business tip of the day
Be flexible to the market's changing needs. There is no point in being the best buggy whip maker when they went out of fashion 100 years ago.
Live Easy, an innovative residential property business, has developed a solution to the dire shortage of rental accommodation available to those able to pay between R2,000 and R3,000 a month.
Often urbanites earning entry- to mid-level salaries are forced to live in unsavoury and overcrowded conditions
Hi, kindly advise how the CSOS levies need to be calculated if the following scenario takes place: The body corporate charges normal levies of R1,500 per month per unit, as well as garage levies of R500 per month.
Do you calculate the CSOS levies on the
Good day, there is confusion in my retirement home as to whether residents who pay rent also have to pay the CSOS levy? - Barbara
Hi Barbara, the complex will charge the owner directly. It is, however, up to the owner as to whether he chooses
The Garden Route and Eastern Cape region performed better than expected last year, said Tony Ketcher, regional manager for the Seeff property group’s operations across the region, saying that Seeff’s branches recorded some of the best activity in more than five years.
Lightstone data for the
In recent years more and more South Africans have embraced the concept of hive living, with multi-generational households becoming a familiar concept in many suburbs.
This trend is driven to a large extent, by the fact that higher living costs, coupled with rising property prices have
In January, 12.3% of properties sold for a loss – and 76% of these homes (9.4%) were sold for 5% less than their original purchase price.
This is according to John Loos, FNB’s household and property sector strategist, who said according to deeds data property transfers