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
A victory for property owners
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A victory for property owners

Terrific news for the property market. A recent court judgment has indicated that owners will no longer be liable for historical municipal debt on their property.

New sectional title legislation: What property owners and investors must know
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New sectional title legislation: What property owners and investors must know

New legislation that was gazetted last month has major implications for the budgets and administration of sectional title schemes. Find out how they will affect you.

Not so (pet) friendly South Africa
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Not so (pet) friendly South Africa

Finding a pet-friendly rental home is becoming increasingly tough as a “no pet” policy spreads across major metros in South Africa.

Over-supply slows down Sandton’s sectional title market
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Over-supply slows down Sandton’s sectional title market

Sandton’s once-buoyant sectional title market is being subdued by over-supply as ongoing development outpaces demand.

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.