Rode Media

Mark Pettipher

Mark Pettipher

Good news for first-time homebuyers

As the South African Reserve Bank’s Monetary Policy Committee (MPC) gears up for its meeting tomorrow (Thursday, September 19), expectations are mounting for an interest rate cut of around 0.25% which would mean good news for homebuyers.
Century 21 South Africa CEO Harry Nicolaides explains what this rate cut would mean for the real estate market.

Mont Choisy Golf & Beach Estate in Mauritius a ‘home from home’ destination for SA home buyers

Interest in Mauritius as a relocation destination is growing annually due to the year-round sunshine, tranquil environment, efficient tax system and ever-expanding services that make Mauritius a sought-after alternative to living in a city. In 2023/4 Mauritius has seen a significant increase of 16% in residential property sales volumes (units) with 2024/5 set to see additional growth in unit sales, says Jonathan Tagg, director of Pam Golding Properties Mauritius.

Hyprop Investments Limited shows strong performance

Hyprop Investments Limited has shown strong performance in its South African and Eastern European portfolios, exceeding its previous guidance and reflecting resilience amid a tough economic backdrop. Here’s a summary of the company’s recent performance and future outlook:

Exemplar REITail and Nedbank CIB partner to bring TRIS 2024 to Alex Mall

Exemplar, a township and rural retail development leader, in association with Nedbank Corporate and Investment Banking (CIB) Property Finance, is proud to bring the Township Retail Investment Summit (TRIS) 2024 to Alex Mall on 2 October 2024.
The event, in its third year, will highlight the transformative potential of investing in South Africa's township retail sector, where growth opportunities are vast and critical for sustainable community development.

Robust growth, increasing property values in Hout Bay appeals to investors

Hout Bay's property market has surged by a staggering 37% in value since 2019? With homes now averaging R5.1 million, the area is fast becoming a hotspot for both investors and homeowners seeking a mix of natural beauty, lifestyle, and strong financial returns. The demand for properties, especially those in the R2 million to R4 million range, has spiked as rental shortages and a growing buyer pool drive rapid sales.

Celebrating Excellence in Property Development

These SAPOA Property Development Awards for Excellence awards recognise developments that excel in creativity, sustainability, and economic impact. Judged by a panel of industry experts, the winners were chosen based on their design innovation, functionality, and contribution to community and economic development.

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