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
Incandescent and regular fluorescent light bulbs are now banned
News

Incandescent and regular fluorescent light bulbs are now banned

From this month, the new standard for lightbulb energy efficiency regulations effectively ban the sale of lamps with an efficiency rating of less than 90 lumens per watt (Lm/W).

Electronically signed sale of property agreements is not yet legal
News

Electronically signed sale of property agreements is not yet legal

Can an offer to purchase be signed electronically, is the question we asked Carl Kellerman, Property Attorney at Phatshoane Henney Attorneys.

Sellers concealing damp problems may be acting fraudulently
News

Sellers concealing damp problems may be acting fraudulently

When selling your home, it’s normal to want to present it in the best condition possible, but rushing to conceal damp problems can result in costly mistakes if not done correctly.

Budget 2024: No impacts on the property market
News

Budget 2024: No impacts on the property market

Minister Enoch Godongwana delivered his 2024 Budget on 21 February.

The repo rate remains unchanged
News

The repo rate remains unchanged

The unchanged repo rate ends the consecutive rate hiking cycle that started in November 2021.

PPRA extends the PDE deadline to 30 June 2023
News

PPRA extends the PDE deadline to 30 June 2023

This is the final deadline for complying with the education regulations for the granting of fidelity fund certificates.

Repo rate increases yet again
News

Repo rate increases yet again

Industry leaders say home owners will be hard hit by May repo rate hike.

Consumers feel the pinch as interest rates rise again
News

Consumers feel the pinch as interest rates rise again

The Monetary Policy Committee (MPC) has decided to increase the repo rate by a further 50 basis. What are the implications?

MPC increases repo rate by 50 basis points
News

MPC increases repo rate by 50 basis points

Interest rates have gone up. What is the impact on the property industry?