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
Berea apartment sells for R18 million
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Berea apartment sells for R18 million

A pair of Seeff agents in Durban have made history by selling the highest priced sectional title unit on Durban’s Berea.

Why CPT property sellers may need to re-evaluate their expectations
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Why CPT property sellers may need to re-evaluate their expectations

A difficult economy may force Cape Town sellers to reconsider their home’s price tag and sales approach, as the market begins to shift.

Number of bad tenants rises
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Number of bad tenants rises

The number of tenants in South Africa who are not paying their rent or only paying some of it has increased since last year.

Holding onto your property can be costly
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Holding onto your property can be costly

As municipal rates keep going up, the longer sellers keep their property on the market, the higher the holding costs will be.

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Mooikloof is set to launch its new residential estate

The construction of Mooikloof’s exclusive new property development is set to take off.

Award-winning golf course sees positive growth
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Award-winning golf course sees positive growth

The Jack Nicklaus Golf Course has seen rapid growth since Val de Vie and Pearl Valley merged.

Stable repo rate decision appropriate for the economy and property market
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Stable repo rate decision appropriate for the economy and property market

Why the decision of the MPC and SARB to retain the repo rate at 7% (base home loan rate at 10.5%) for the second successive meeting, is the right decision for the economy and property market.

Average prices in Sandton’s glitziest suburbs top R20 million
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Average prices in Sandton’s glitziest suburbs top R20 million

Sandton is decidedly home to some of the most glamorous and sensational property the African continent has to offer, as the luxury property market grows in this area.

The property market remains resilient
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The property market remains resilient

The South African property market forges ahead in spite of the existing levels of economic and political uncertainty.