Residential property coming into its own

Posted On Sunday, 22 December 2002 19:48 Published by
Rate this item
(0 votes)

Residential property coming into its own - Seeff

IS WESTERN Cape property, particularly on the Atlantic seaboard, pricing itself out of the market?

'Definitely not,' says Ian Slot, chairman of Seeff's Western Cape Licensees.

'Residential property in South Africa is undergoing a momentous revaluation as an asset class.

Residential property coming into its own - Seeff

IS WESTERN Cape property, particularly on the Atlantic seaboard, pricing itself out of the market?

'Definitely not,' says Ian Slot, chairman of Seeff's Western Cape Licensees.

'Residential property in South Africa is undergoing a momentous revaluation as an asset class. It's only now really coming into its own. 'This is especially true of property on the Atlantic seaboard.

Due to limitations of space and geography, Clifton, Camps Bay, Bakoven and Fresnaye will always remain highly sought after.

My advice? If you can afford to buy here, don't wait.' 'Although visitors are often shocked at property prices here, the Western Cape and Cape Town are undoubtedly South Africa's most sought-after province and city.'

And recent research shows that residential property prices in the upper- and middle-priced suburbs continue to rise, despite the four lending rate increases this year. For details, contact any Seeff office or call Ian Slot on 021 434 9175 or 082 452 3944.


Publisher: Weekend Argus
Source: IOL

Most Popular

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Optimistic budget masks a number of key risks

Feb 25, 2021
Maarten_Ackerman_Chief_Economist_and_Advisory_Citadel
Finance Minister Tito Mboweni’s budget has been received very positively, as demonstrated…

Please publish modules in offcanvas position.