South Africa

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
Residential property transactions climbing
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Residential property transactions climbing

Despite weakening economy, the residential property market is holding up well.

Commercial property stood strong in 2015
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Commercial property stood strong in 2015

With an impressive increase in transaction activity, commercial property had a great year.

Expropriation Bill - fair or foul?
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Expropriation Bill - fair or foul?

The way in which government is tackling the land reform issue has garnered criticism from all corners and has raised concerns about property rights going forward.

SA rentals offer terrific value to foreigners
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SA rentals offer terrific value to foreigners

Upmarket rentals are proving a hit with foreign business executives, diplomats and professionals who are on assignment to this country.

Affordability under pressure
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Affordability under pressure

Rising costs across the board are starting to affect property affordability, according to a recent report.

No drop yet in housing demand
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No drop yet in housing demand

In the financial year to end-February, the average price of homes on which new bonds were approved rose by 6,3% to just over R1m.

The war of the floor tiles
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The war of the floor tiles

A recent court case has highlighted the fact that while a body corporate has a right to enforce rules, it needs to do so amicably.

Mounting risks for residential property market
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Mounting risks for residential property market

The economic and political issues facing the country could have a detrimental effect on the residential property market.

Expropriation Bill gets passed
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Expropriation Bill gets passed

With all eyes on the budget during the last week of February, the government hurried through the Expropriation Bill.