While the ‘green revolution’ in residential property, unlike in the commercial sector, is still in its infancy, rapid strides in technology and increasing awareness of the potential cost savings and reduced environmental impact are making good sense to more and more home owners – and home buyers, says Pam Golding Properties.

Wednesday, 23 September 2015 16:27

Reserve Bank keeps Repo rate to remain unchanged

The repo rate will remain unchanged at 6% per annum, Reserve Bank Governor Lesetja Kganyago said on Wednesday.

Described as being well ahead of its time, ‘The Houghton’ offers a choice of luxurious apartments from ground to penthouse level, with unparalleled safety, magnificent views and a private 168-acre parkland - all within a heartbeat from the city.

Dr Andrew Golding CEO of Pam Golding Property Group and CEO of Jawitz Properties Herschel Jawitz comment on the impact of the 25 basis point interest hike on the property market.

Heart of Cape Town takes centre stage with landmark 'Open House' artwork.

By historical standards, housing in South Africa remains affordable and also compares favourably to affordability in other global housing markets. However, slower growth in local household income has seen a gradual deterioration in affordability since late-2013, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Having been one of the first markets to react to the 2007 downturn in the residential property market, KwaZulu-Natal has been relatively slow to respond to the current upturn. 

Accelerated urbanisation in Africa focuses attention on property demand and development.

Foreign buyers of prime residential property have made a return to the South African market.

Wednesday, 19 November 2014 17:08

Global economic update on the property market

Looking at the international scenario while the global economic recovery remains on track, it is both fragile and uneven.

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