IOLProperty - South African Property For Sale
Thursday Apr 23, 2015

Prepaid electricity for all

All South Africans, including businesses, should move to prepaid electricity, which would put an end to the growing debt owed by municipalities and lead to lower tariff increases, said Eskom acting chief executive Brian Molefe.

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Monday Apr 20, 2015

Property speculation 'loses its allure'

Speculation in South Africa's residential property market appears to have plunged to its lowest levels in more than a decade, according to property analysts Lightstone.

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Friday Apr 17, 2015

Durban hits back over Currie Rd high-rise

The eThekwini Municipality has hardened its stance in the legal fray over the construction of a multi-storey apartment development in Durban's Currie Road, filing a strongly worded affidavit defending its officials from "gratuitous allegations of mala fides, bias and innuendos of corruption" regarding rezoning and building plan approvals given to the project.

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Tuesday Apr 14, 2015

Knight Frank wealth report rates Africa's growth potential highly

The latest Knight Frank wealth report attitudes survey indicates that the growth potential in wealth in Africa was 89 percent last year, while the predicted outlook for this year is at 82 percent. Africa is third on the list of continents, with North America first and Latin America at 85 percent.

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Monday Apr 13, 2015

House prices to stay low - Absa

Banking group Absa expects house prices, particularly in the low end of the market, to remain subdued until 2017 as consumers face immense pressure from factors that include rising consumer price inflation and higher interest rates.

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Bogus estate agents on the prowl

Alfred Mkhize is fighting tooth and nail to save the house his parents left him from being sold by an alleged bogus estate agent.

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Land ownership by foreigners: where will we be headed when new law is passed?

President Jacob Zuma recently introduced the government's position regarding the ownership of agricultural land by foreigners in South Africa and, not long after that, Rural Development and Land Reform Minister Gugile Nkwinti stated that the Regulation of Land Holdings Bill would be submitted to Parliament later this year.

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Tuesday Apr 07, 2015

The up and up of downtown Jozi

At the Neighbourgoods Market on a concrete parking level in Braamfontein, hipsters indulge in organic food and craft beer. It's a format familiar to some visitors.

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Thursday Apr 02, 2015

Stock shortages not increasing property prices

Although observers had expected property prices to increase due to dire stock shortages, value rises have been slow due to economic constraints.

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Monday Mar 30, 2015

'Property buyer panic' a big concern

"Buyer panic" refers to a state of mind where aspirant first time residential market entrants begin to fear that if they don't buy a home quickly, prices will rise to levels where property becomes unaffordable for them.

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