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Friday Jan 21, 2022

Electrical certificates in complexes and estates explained

Legislation regarding electrical compliance certificates applies to community housing schemes as well as to individual freehold properties - and prospective buyers in estates and Sectional Title complexes should not allow themselves to be told otherwise by home sellers or estate agents keen to close a deal.

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Wednesday Dec 08, 2021

Strong year bodes well for property in 2022

'The increasing desire for space saw freehold properties overtake sectional title sales by a wide margin in 2021.'

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Free Weekly Property Digital Magazine

Read our free weekly digital magazine online.

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Tuesday Dec 07, 2021

'Record sales and developments as Plett's market booms'

Semigration and high demand are driving a bumper year in the scenic Garden Route town where record sales have been recorded since the end of the hard lockdown in June 2020, with 2021 already Plettenberg Bay's best year to date.

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Residential rental market battles low growth and high inflation

Subdued rental growth continued into the third quarter of 2021 amid high levels of inflation, driven largely by increasing transport costs in the absence of real economic growth.

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Subdivide or sectionalise – doing more with large properties

As land in popular suburbs becomes more and more scarce, owners of large properties are often able to make a healthy profit by portioning off their erven for additional dwellings.

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Ways to resolve neighbourly disputes

Homeowners can select their home, but they cannot select their neighbours. When resolving issues that arise from across their boundary wall, homeowners are encouraged to first seek to reach amicable solutions before involving the local authorities.

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'Housing market will level off in 2022'

The recent interest rate hike, growing limited inventory for buyers, higher prices, and the continued flexibility to work remotely will see the housing market level out in 2022 from the growth experienced in the past year.

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'Affordability and lifestyle drives False Bay property market'

False Bay agents are reporting a notable uptick in enquiries since mid-year, especially from young families who are seeking quieter lifestyles near good schools, first-time buyers taking advantage of the low interest rate and empty-nesters or retirees looking to scale down.

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Hout Bay property market rebounds

The Hout Bay market has rebounded well this year with 66 sectional title properties, 182 freehold homes and 24 vacant stands changing hands by the end of November, compared to 2020 when 30 apartments, 110 houses and 9 plots were sold.

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