One of Africa’s most iconic buildings Ponte City on tender – closing date: 10 april 2025!
Ponte City is one of the most iconic buildings in Johannesburg, standing out as a prominent feature of its famous skyline. This remarkable structure has a unique design, featuring a cylindrical shape with an open and hollow centre that serves … READ MORE
SA buyers zoom in on Dubai, Mauritius, Zimbabwe property
South Africans and Expats working in the country have become an attractive market for property in neighbouring African countries, and also for the Mauritius and Dubai property markets.… READ MORE
Transfer duty exemption threshold increase, a golden opportunity for first-time buyers
The increase in the transfer duty exemption threshold to R1.21 million presents a golden opportunity for first-time homebuyers, according to the Seeff Property Group. This follows the upward adjustment of the transfer duty tables by 10% in this year’s Budget … READ MORE
Repo rate stays the same
While it is unfortunate that the Reserve Bank has decided to hold the repo rate steady, three previous cuts have had a noticeable impact on the property market… READ MORE
MPC’s decision to hold rates firm and vat increases could put the brakes on recovery in residential property demand
In an environment of rising living costs, affordability remains a major factor. The MPC’s decision to hold interest rates and concerns over economic growth will likely impact investor sentiment in the short term, as buyers adopt a wait-and-see approach.… READ MORE
Rate hold still bodes well for homebuyer confidence
Rhys Dyer, CEO of the ooba Group provides his comments in the release below, maintaining the decision is still a positive signal for homeowners and buyers, and that current market conditions may support a 25 basis point rate reduction in … READ MORE
Unchanged interest rate a missed opportunity
The decision by the Monetary Policy Committee of the SARB to retain the interest rate at the current level of 7.50% (prime rate at 11%) is disappointing and a missed opportunity to provide vital relief to consumers and property buyers … READ MORE
Unchanged repo rate disappointing news for home buyers
“With the February 2025 consumer inflation rate unchanged at 3.2% – below market expectations – the Monetary Policy Committee’s decision not to reduce the repo rate disappointed existing mortgage holders and aspirant home buyers,” says Andrew Golding, chief executive of … READ MORE
Shaftsbury Capital PLC and Norges Bank Investment management establish Covent Garden partnership
Further to the announcement dated 19 March 2025, Shaftesbury Capital PLC (“Shaftesbury Capital” or the “Group”) is pleased to announce that it has formed a strategic, long-term partnership (the “Partnership”) with Norges Bank Investment Management (“NBIM”), the Norwegian sovereign wealth … READ MORE
Estates rank among the best performing neighbourhoods
An influx of buyers from Gauteng and international buyers from the UK and Northern Europe has also boosted demand for estates in the KZN North Coast area with sales mostly in the R13 million to R15 million. High-end estate homes … READ MORE