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
New R87bn Modderfontein city takes root
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New R87bn Modderfontein city takes root

China’s Shanghai Zendai Property Group recently launched the first phase of ‘Modderfontein New City’, a massive R87bn mixed-use development in Modderfontein.

Are higher interest rates in SA’s best interests?
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Are higher interest rates in SA’s best interests?

To the relief of many, the South African Reserve Bank decided last week to keep the repo rate unchanged. Some experts however argue that the rate should be raised.

Film City: Durban to be the reel deal
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Film City: Durban to be the reel deal

If you’ve been eyeing that blank canvas of beachfront land previously called Natal Command and shaking your head, relax. Film City is coming to Durban.

Buyers eyeing waterfront homes
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Buyers eyeing waterfront homes

There has been a resurgence in buyer interest in prime waterfront homes along Garden Route and in the Eastern Cape, agents say.

Menlo Park’s expansion: property boost with social benefits
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Menlo Park’s expansion: property boost with social benefits

Pretoria is birthing a new living space that will echo upmarket Sandton.

Repo rate relief "appropriate for the economy and property market"
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Repo rate relief "appropriate for the economy and property market"

The decision by the Reserve Bank’s Monetary Policy Committee (MPC) to retain the repo rate at 6% (basic mortgage loan rate of 9.5%) is a welcome move.

Durban’s urban regeneration gets a boost
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Durban’s urban regeneration gets a boost

Durban’s CBD is getting a much-needed shot in the arm, with the city’s hosting of the Commonwealth Games in 2022 and redevelopment of iconic buildings by the private sector.

10 of the most expensive properties in South Africa
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10 of the most expensive properties in South Africa

Take a look at ten of the most eye-wateringly expensive properties in South Africa, according to Private Property.

August property market stats show slowing price growth
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August property market stats show slowing price growth

The latest stats from ooba show slower property price growth and rising demand for 100% bonds.