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
64% of sales in upmarket Zimbali were in cash
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64% of sales in upmarket Zimbali were in cash

Analysis of 3.5 years of sales in Zimbali reveals interesting statistics – including the fact that 64% of sales were in cash

Sectional title schemes can block Airbnb letting
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Sectional title schemes can block Airbnb letting

The Ombud for community housing schemes has cleared up the confusion regarding letting sectional title units.

These are the fastest selling suburbs in Gauteng
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These are the fastest selling suburbs in Gauteng

Property group Seeff has revealed the areas where property spends the least time on the market before being sold.

Permission needed for short term letting of Cape Town apartments
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Permission needed for short term letting of Cape Town apartments

Many apartment owners are choosing to rent out their property as short term lets but they need to check that they are legally allowed to do so.

Evictions: balancing landlord and tenant rights
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Evictions: balancing landlord and tenant rights

Many tenants believe that they cannot be forced to vacate a property if they cannot find alternative accommodation, but this is not always the case.

Catch Private Property at The Property Buyer Show
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Catch Private Property at The Property Buyer Show

Get your free tickets to the Property Buyer Show Gauteng, where first time home buyers and property investors can get a comprehensive understanding of the property buying process

Individual water meters a growing trend in Cape Town
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Individual water meters a growing trend in Cape Town

In light of the current water shortages in Cape Town, an increasing number of sectional title schemes are installing individual water meters in their units.

Home buyers who enter the market now could get a double benefit
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Home buyers who enter the market now could get a double benefit

Shaun Rademeyer, CEO of BetterBond, believes that buyers should enter the market now rather than wait for further repo rate drops.

Battle for the best address heads to R100M-plus for Cape’s best streets
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Battle for the best address heads to R100M-plus for Cape’s best streets

When it comes to well-heeled buyers, there is now almost no price too high for the right address, whether it is in Cape Town or Sandton.