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Affordability, good conduct vital to lease renewals this year

With many residential property leases coming up for renewals, PG van der Linde, rentals manager for Seeff Pretoria East, says we find ourselves in unusual economic circumstances this year due to the Covid pandemic.

Posted at 11:39AM Dec 01, 2020 by Editor in Market  | 

SADC property markets weighed down by Covid and expat departures

While South Africa's housing market continues its post-Covid lockdown bounce-back, driven by the low interest rate and favourable mortgage lending climate, especially in the low to middle-class suburbs, it has been a mixed bag for neighbouring SADC countries.

Posted at 11:33AM Dec 01, 2020 by Editor in Market  | 

RE/MAX offices act as donation drop-off this December

From December to January, members of the public are invited to drop off donations of toys, books, stationary supplies and children's clothing at their local RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2021, the donations will be dropped off at various local charities and children's organisations across the country.

Posted at 11:28AM Dec 01, 2020 by Editor in Market  | 

Days on market and selling price on Cape Town's Atlantic Seaboard

Atlantic Seaboard properties listed under R6 million dropped their asking price by 13.8% on average and properties over R6 million dropped their asking price by an average of 22.5%.

Posted at 04:59PM Nov 30, 2020 by Editor in Market  | 

Accusations fly in conveyancing lawsuit

A Durban attorney has rubbished allegations of negligence made by a former client who reported him for misconduct during the conveyancing of a property transaction worth R8 million.

Posted at 04:49PM Nov 30, 2020 by Editor in Market  | 

Commercial property values set to keep falling

South Africa's economy is expected to return to positive growth in 2021, but commercial property values are expected to continue to devalue as the market catches up with the impact of the recession.

Posted at 04:42PM Nov 30, 2020 by Editor in Commercial  | 

Cape Town market becomes increasingly affordable

"Many of buyers are often viewing higher-priced properties than they would normally look at, in the hope that sellers will accept high discounts."

Posted at 04:32PM Nov 30, 2020 by Editor in Market  | 

Cape Town's Green Point poised for action as tourism resumes

As tourists return to Green Point in should help rental rates stabilise after their oversupply-driven nose-dive, and rekindle demand for buy-to-let investment properties in the area.

Posted at 04:21PM Nov 30, 2020 by Editor in Market  | 

Introducing Quivertree - a trendy, new mixed-use development in Stellenbosch

Cape-based Flyt Property Investment has announced the official launch of Quivertree, a trendy new property offering in the university town of Stellenbosch, featuring 102 self-catering, fully-furnished

Posted at 12:04PM Nov 25, 2020 by Editor in Market  | 

Rental price crash continues in third quarter

The South African rental market recorded new lows in September 2020, with growth measuring just 1% over the same month in 2019.

Posted at 11:40AM Nov 24, 2020 by Editor in Residential  |