News

There is nothing stagnant about the property industry and Private Property will keep you in the loop through its dedicated Property News portal. Important elements such as whether it’s a buyers’ or sellers’ market, industry trends, and property news specific to South Africa are covered in this section.

Market Industry Private Property South Africa
Glittering Umhlanga shapes up as the ‘Dubai of SA’
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Glittering Umhlanga shapes up as the ‘Dubai of SA’

It’s hot, it’s bold, and as it continues to attract more multibillion-rand residential and retail property developments – Umhlanga is increasingly looking like South Africa’s own Dubai.

Paarl luxury homes raise the bar
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Paarl luxury homes raise the bar

As good schooling becomes an increasingly more important factor for home buyers, historic Paarl in the Cape Winelands is coming up trumps.

Average home purchase price increases year on year
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Average home purchase price increases year on year

The latest stats from bond originator ooba, show that the average purchase price of a property in South Africa has increased by almost 6% year on year.

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Rapid urbanisation is changing the face of South African property

South Africans are moving to urban areas at a faster rate than the world average and this has implications for the future of South African property.

A R2 billion expansion is set to transform Cape Town’s CBD
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A R2 billion expansion is set to transform Cape Town’s CBD

Cape Town’s CBD will welcome 12 new developments, with a combined value of more than R2-billion. One of the new developments includes Zero2One, which on completion will be the tallest building in CPT.

How will new management changes affect sectional title owners?
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How will new management changes affect sectional title owners?

Key Amendments to the Sectional Title Schemes Management Act and Community Services Ombuds Service Act will bring about a change in the management of sectional title schemes, once promulgated.

Small homes are offering the largest gains
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Small homes are offering the largest gains

Who said size doesn’t matter? Smaller homes are proving to be savvy investments, with greater returns in comparison to medium or large sized homes.

SA’s residential estates are worth R650 billion
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SA’s residential estates are worth R650 billion

With more than just an ideal lifestyle to offer, South Africa’s residential estates are proving to be a great investment for buyers who seek value for money and higher returns.

Golf star, Retief Goosen’s home is on the market
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Golf star, Retief Goosen’s home is on the market

Renowned South African professional golfer, Retief Goosen, known as “The Goose” by his fans, has placed his Zebula Country Club and Golf Estate home on the market for R7.5 million.