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The best paying tenants are aged 50 years and older. This is according to rental collection platform, PayProp, which controls the lion’s share of residential letting-related transactions in South Africa, processing monthly rental receipts and beneficiary settlements for more than 95,000 properties nationwide. This, coupled with

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Holiday letting in apartment blocks is not permitted in Cape Town in terms of the city’s Municipal Planning By-law (MPBL) together with its policies and frameworks, says Councillor Brett Herron, Mayoral Committee Member: Transport and Urban Development. Responding to questions from HomeTimes regarding the growing proliferation

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La Como Lifestyle Estate, situated on a scenic wetland area in the East Rand, has already shown substantial capital growth since the estate’s inception in 2011. According to Michael Stylianou, CEO of Aspen Development Company, the resale value of properties at La Como Lifestyle Estate has shown

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Contrary to what you think you know, pricing your house according to the listing price of other homes on property portals in your suburb or street is a bad idea. This is because, just like you, your home is unique. No two homes are exactly

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Residential property educator, HomeTimes, launched its own unique and innovative property portal called HomeHunt recently. It is run on the search capability of Google Maps’ engine meaning that users can search for homes to buy or rent near to schools, malls, hospitals, or any place of

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Homeowners in Gauteng’s three main housing markets are losing value in their homes. For Q2 2017, the City of Tshwane’s estimated average house price growth rate was 4.48% year-on-year, with Gauteng Consumer Price Index (CPI) Inflation at 5.2% year-on-year for the same quarter of 2017.

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A new residential lifestyle development in Johannesburg’s historic Linksfield area was launched by Investec Property recently. The Neighbourhood is set to be one of the few secure residential developments in the area offering buyers a choice of upmarket standalone houses, cluster-style living or luxury loft apartments. Nestled

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Gauteng buyers are widening the gap between listing and selling price, sometimes up to 30% less. This is according to Cameron Jansen, broker/manager of RE/MAX Central, who said there seemed to be a large disparity between what sellers think their home is worth and what buyers

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Between 2014 to early 2016, the estimated average time a home sat on the market before selling had been moving broadly sideways at levels around 12 weeks (just less than three months. Through 2016 and into 2017, however, the market appears to have been moving

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