The outlook for South Africa’s housing market is looking increasingly optimistic with a number of positive indicators evident and early signs of sustainable growth in house prices and market activity already starting to emerge, says Dr Andrew Golding, chief executive of the Pam Golding Property group. 

According to the Global Wellness Institute*, health is the new wealth, with wellness features and healthy design considered key components in luxury properties. Wellness amenities for luxury properties have expanded from gyms, spas and swimming pools to a wide variety of design features that encourage contact with nature, mindfulness, sleep and other aspects of mental and social wellness. The Institute predicts that many of these features will increasingly be found in mid-market and more affordable properties, including purpose-built rental communities of single and multi-family homes.

The dust on the national elections has finally settled with the newly formed government of national unity described as a ‘market-friendly outcome’ by Business Day. This is good news for those who have been holding off on property investments as real estate interest picks up, particularly in secure estates.