A positive economic sentiment and a cut in interest rates would be beneficial to the residential property market which could see renewed demand with rental yields expected to continue growing in the next 12 to 18 months, according to property experts.

The prestigious Wale Street Chambers building has been rescaled to meet the needs – and pockets – of the modern business owner who values face-to-face interaction and the urban lifestyle.

Local and international migration have undoubtedly been driving forces in the South African property market during the past decade and their recent resurgence after travel and lockdown restrictions were eased have come as no surprise.

Growthpoint Properties (JSE: GRT) will apply its cross-sector development expertise to the R200m residential conversion of its Riverwoods office park in St Andrews, Bedfordview, in joint venture with Setso Property Fund (49%) and in collaboration with BlackBrick Hotels.

Comment from Carl Coetzee, CEO of BetterBond, on today's repo rate increase:

Herschel Jawitz, CEO of Jawitz Properties, says that today’s rate increase will have a marginal effect on the market.

There was room for a pause in the upward repo rate cycle, says Dr Andrew Golding.

According to statistics from ooba, South Africa’s foremost home loan comparison service, competition amongst the major banks for a bigger share of the home loan market remained fierce during the fourth quarter of 2021 (Q4 21).

Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.

Generate your own electricity, community housing schemes advised.