Nearly half of all home loan applications in South Africa now come from first-time buyers – and they’re not upsizing, they’re optimising. With rising living costs and a 10% increase in the transfer duty exemption threshold, starter homes are fast becoming a smart financial move.
The latest Olympic Games showcased cutting-edge technology, with IoT and AI enabling smart crowd management, biometric security, and real-time athlete stats. Smart cameras detected faults instantly, while viewers enjoyed unprecedented insights, marking a new era in global sports events.
While freestanding housing stock dominates in the towns across the Garden Route, there is growing demand for apartments with some new developments finally coming to market.
While buyers include retirees and holiday home buyers, there is also high demand for rentals, both long-term and short-term holiday needs, in these towns.
The City of Cape Town is investing significantly in upgrades and refurbishment of the Muizenberg beachfront area, including improvements to the promenade, parking, Surfer’s Corner, and heritage structures. These will have a significant impact on demand and further boost property in the area.
Ricardo Silva discusses key reasons why investors are honing in on strategic urban and peri-urban locations. Significant opportunities for property investors include The Fair Price Industrial Facility is Elandshaven, and two properties in Houtbaai Street in Germiston and in another two in Maboneng. Galetti Auction will bring these properties to market on 28 May.
In a move that highlights the growing trend of community-focused development, Dorpstraat has unveiled Optenhorst Village, a new retail centre designed to blend seamlessly into its local environment while honouring the area’s heritage and owned by Ashprop Investments Number 10 (Pty) Ltd with Dorpstraat Capital Growth Fund.
Affordable housing remains an important need and continues to be one of the most pertinent topics of our time. As urbanisation continues and population growth expands, the need to sustainably provide affordable housing opportunities to more people has become urgent.
Many South Africans have debated for years whether buying is better than renting. He knew the pros and cons, but the timing never felt right.
Your home is more than just bricks and mortar – it’s your sanctuary, your most valuable investment. It’s also a cornerstone of your financial security and the place where you store your most prized possessions.
An idyllic 7,5-hectare Oasis Life retirement village that offers a secure, resort-style lifestyle in beautiful surroundings in Sunningdale is being developed by Rabie Property Developers - that has a history of 47 years in the property industry.
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