Property Trends 2017

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Lonmin must still build housing for more than 11‚000 employees
Lonmin must still build housing for more than 11‚000 employees

Lonmin‚ the world's third largest platinum miner‚ has to build accommodation for 11‚500 of its employees‚ but the weak platinum price is working against major housing investment‚ CEO Ben Magara said on Friday, 20 January...

By Allan Seccombe 17 hours ago

It is likely to cost you more than R6‚500 a square metre to build a house
It is likely to cost you more than R6‚500 a square metre to build a house

The cost of building houses rose on average to R6‚539/m² in November‚ representing inflation of 6.4% over 11 months from January‚ Absa property analyst Jacques du Toit said in a research note on Friday, 20 January...

By Robert Laing 18 hours ago

In the category for new neighbourhood and convenience shopping centre smaller than 20,000m² in size, Dainfern Square scooped the top award at the 2016 SACSC Awards.
Picture: Supplied / Wieland Gleich
#BizTrends2017: The year of the mixed-use mall

In the fiercely competitive South African retail sector, the retail and retail development space in 2017 and beyond will include a high-tech, interactive shopping environment in a bid to lure shoppers to centres for longer...

By Gavin Blows 3 days ago

Redefine sells German assets for R1.53bn
Redefine sells German assets for R1.53bn

Redefine International, the FTSE 250 income-focused, UK-based property group and Israeli pension group Menora Mivtachim have sold four German office assets to a US private equity group for €106m (R1.53bn)...

By Alistair Anderson 3 days ago

Property ownership: planning ahead, a smart move
Property ownership: planning ahead, a smart move

It may be counterintuitive to think about retirement when buying your first apartment or family home, but according to Bill Rawson, chairman of the Rawson Property Group, planning ahead can be a very smart move...

19 Jan 2017

Steady house prices for Western Cape amid slowing national growth
Steady house prices for Western Cape amid slowing national growth

According to the latest Pam Golding Residential Property Index (December 2016), house price growth in the Western Cape stabilised at just below the 10% mark by the end of 2016, considerably stronger than the national average of 3.9% for December...

19 Jan 2017

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Investec fund buys in Australia

Investec Australia Property Fund (IAPF) has bought two office properties to expand its exposure to New South Wales, Australia's largest and strongest-performing economy...

By Alistair Anderson 18 Jan 2017

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Baby Boomer grandparents challenging stereotypes of retirement

The Baby Boomer generation, most of today's grandparents, are challenging the stereotypes of retirement, grand-parenting, and what type of home they are likely to live in as they age, says Bill Rawson, chairman of the Rawson Property Group...

18 Jan 2017

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Create a good first impression without breaking the bank

According to Richard Smith, assistant manager of Pam Golding Properties' Hyde Park office, you really don't have to break the bank to make your home more marketable...

17 Jan 2017

Atlantic on target with its forecast
Atlantic on target with its forecast

Atlantic Leaf Properties Limited says it is on track to achieve its earnings forecast and a full-year distribution of 8.5 British pence per share for its 2017 February financial year-end...

By Alistair Anderson 17 Jan 2017

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Busier malls help New Frontier profit

The Rebosis subsidiary will look for opportunities in mainland Europe likely to include non-retail assets...

16 Jan 2017

'Intrusive' Oracle plans put on hold
'Intrusive' Oracle plans put on hold

Cape Town planners have been sent back to the drawing board in a five-year battle over the "intrusive" addition of four floors to a city centre building...

16 Jan 2017

Cape Town's high-end landlords cash in over holiday season
Cape Town's high-end landlords cash in over holiday season

According to Charl and Adél Louw, principals of the Chas Everitt International franchise on the Atlantic Seaboard, it's been a bumper holiday season for the owners of rental homes on the “Riviera” of Cape Town...

16 Jan 2017

Is it worthwhile buying a fixer-upper?
Is it worthwhile buying a fixer-upper?

Purchasing a fixer-upper can be an extremely beneficial financial endeavour. However, only if the buyer has taken the time to do their research and followed the right procedures to ensure they are making a sound investment decision...

By Adrian Goslett 13 Jan 2017

Jawitz, oobainsure launch Rent Protector
Jawitz, oobainsure launch Rent Protector

Jawitz Properties, together with oobainsure (the insurance arm of the bond originator, ooba), have launched Rent Protector, a product that aims to solve the problem of tenants having to produce a sizeable deposit to secure a property...

13 Jan 2017

Are you financially prepared to be a homeowner in 2017?
Are you financially prepared to be a homeowner in 2017?

Since the National Credit Act came into effect, prospective homebuyers have been required to have their financial affairs in order before they apply for a bond...

By Adrian Goslett 12 Jan 2017

Expect the unexpected when it comes to décor trends in 2017
Expect the unexpected when it comes to décor trends in 2017

In a fast-paced, electronic world, trends from around the globe are reaching South Africa far quicker nowadays...

By Richard Smith 12 Jan 2017

Property: wide gap in returns
Property: wide gap in returns

The difference between the total returns of the best and worst performing property counters was nearly 100% in 2016, suggesting that shrewd stock picking will be critical in 2017...

By Alistair Anderson 12 Jan 2017

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Vacation rents soar on Cape Riviera

Owners of properties along the Atlantic Seaboard who had rented out their assets during the festive season enjoyed a strong period as tourists were prepared to pay premium rentals...

By Alistair Anderson 11 Jan 2017

Multi-million rand logistics and retail park to be developed at N2 Business Estate
Multi-million rand logistics and retail park to be developed at N2 Business Estate

The logistics and retail park will further establish the Cornubia multi-use development as...

11 Jan 2017

#BizTrends2017: Cape Town, a cut above the rest
#BizTrends2017: Cape Town, a cut above the rest

South Africa's private property market has maintained a precarious balancing act throughout 2016...

By Grant Holton 11 Jan 2017

#BizTrends2017: The need for autonomy powers real estate sales
#BizTrends2017: The need for autonomy powers real estate sales

According to a recent survey by Gumtree.co.za, 57% of South Africans start their search for a new home online - while only 20% will go straight to an estate agent and 14% will wait for their weekly newspaper...

By Barrie Swart 11 Jan 2017

House about a change?
House about a change?

PropertyFox has predicted an evolving residential property market for South Africa in 2017. After many decades of very little movement, things are starting to shift rapidly in South Africa's residential property market, it says...

11 Jan 2017

#BizTrends2017: Politics holds property hostage
#BizTrends2017: Politics holds property hostage

The year past has been a volatile one economically, politically and socially for South Africa, and the chain of events has influenced financial markets, business confidence and of course, as a result, the property market as a whole...

By Chris Renecle 10 Jan 2017

#BizTrends2017: A look at the affordable housing space
#BizTrends2017: A look at the affordable housing space

There remains a huge interest and demand in affordable housing in South Africa...

By Karen Petersen 10 Jan 2017

#BizTrends2017: Outlook "mixed" for SA's residential property market
#BizTrends2017: Outlook "mixed" for SA's residential property market

The outlook for South Africa's residential real estate market over the next 12 months is "mixed", with some areas expected to experience high sales volumes and good price growth while others remain out of favour with buyers and some to even experience real price declines...

By Berry Everitt 10 Jan 2017

Expect slowing property price growth in 2017, with a few exceptions
Expect slowing property price growth in 2017, with a few exceptions

The residential property market has had its ups and downs during 2016 as the economy stagnates, the Reserve Bank started hiking interest rates again and consumers struggle with household debt-to-income...

By Bruce Swain 10 Jan 2017

#BizTrends2017: Opportunities for sound property investment
#BizTrends2017: Opportunities for sound property investment

The divergent performances of various metros, as well as shifting demographic trends and people's lifestyle choices, ensure that there will still be sectors of the housing market that continue to flourish despite a sluggish economy...

By Dr Andrew Golding 9 Jan 2017

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