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Has the Western Cape rental market reached saturation?

Recent statistics show that the national average rental growth rate has more than halved since Q1 2017.

According to Schalk van der Merwe, franchisee for the Rawson Properties Helderberg Group, one of the biggest influences behind this average decline was the unexpectedly poor growth of rental prices in the Western Cape.

Posted at 07:02AM Oct 23, 2018 by Editor in Cape Town  | 

Surfers, golfers, wine connoisseurs - Cape Town tops lifestyle buyers

Whether you want to see the sun set over the ocean from your stoep, or you’re an avid surfer, wine connoisseur, horse rider or golfer, Cape Town is the only metro where you can buy in the city, yet still enjoy a fabulous lifestyle practically on your doorstep.

Posted at 12:35PM Oct 09, 2018 by Editor in Cape Town  | 

Economy, spiraling costs, seasonal demand invigorates Cape residential rentals

The Cape residential rentals market is likely to start picking up steam ahead of the new year when many people will start entering the market. Natalie Muller, Sales and Rentals Manager for Seeff Atlantic Seaboard and City Bowl also expects higher demand due to the weak economy and rising costs.

Posted at 12:18PM Oct 09, 2018 by Editor in Cape Town  | 

Rental increases expected to be low

Some minor relief is in store for Capetonian tenants as they wait with bated breath for the final axe to drop in the form of an annual inflationary rent increase, says RE/MAX of SA chief executive Adrian Goslett.

Posted at 09:10AM Oct 09, 2018 by Editor in Cape Town  | 

Good News for Capetonian Tenants

According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, some minor relief is in store for Capetonian tenants as they wait with baited breath for the final axe to drop in the form of an annual inflationary rent increase.

Posted at 03:49PM Oct 08, 2018 by Editor in Cape Town  | 

Land sale doesn’t add up

This week, Mayor Patricia de Lille asked City of Cape Town manager Lungelo Mbandazayo to initiate a forensic investigation into Site B on the foreshore, auctioned to Growthpoint Properties in 2016.

Posted at 08:57AM Oct 05, 2018 by Editor in Cape Town  | 

TINY HOUSES ARE THE FUTURE

Only an hour or two every day.

Now it can serve you all day and night. The wasted space under a bed serves as useful storage for clothing or linen. Unless you’re a dedicated gardener, do you really need hundreds of square meters of garden? Big houses and gardens require almost full-time maintenance, painting, fixing, weatherproofing, weeding, pruning, watering, fertilizing...

Posted at 09:26AM Oct 03, 2018 by Editor in Cape Town  | 

Wrangle over Bo-Kaap land continues

It seems Bo-Kaap residents’ housing problems are far from over as the City said it had yet to reach an agreement with the national government to hand over a piece of land that could ease the housing crisis in the area.

Posted at 09:14AM Oct 02, 2018 by Editor in Cape Town  | 

High prices drive Capetonians to northern suburbs

Cape Town’s northern suburbs were once out-of-favour, but recently they have become a favourite flavour

Former city dwellers and even Atlantic seaboard and southern suburbs residents are increasingly looking for homes in Cape Town’s northern suburbs as they search for more affordable property and better value for money.

Quality of life and location are also among the reasons these previously out-of-favour suburbs are now attracting increasing numbers of semigrating residents. Invariably it comes down to either a desire for a more favourable location, better investment value compared to other suburbs, or a combination of the two, says Johannes van den Berg, principal and sales director at Just Property N1 City.

Read more on Property360...

Bonny Fourie
Property360.co.za

Posted at 09:31AM Oct 01, 2018 by Editor in Cape Town  | 

'Communicare puts roofs over head'

FROM the sprawling informal settlements and overcrowded backyards, it is plain to see that Cape Town has a huge housing backlog, robbing people of their dignity.

Posted at 09:40AM Sep 18, 2018 by Editor in Cape Town  |