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Tuesday Dec 01, 2020

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.

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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.

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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.

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Monday Nov 30, 2020

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%.

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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.

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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.

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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."

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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.

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Wednesday Nov 25, 2020

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

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Tuesday Nov 24, 2020

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.

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