Complex management - A key factor when buying sectional title property.

Generate your own electricity, community housing schemes advised.

Over the past 15 years, the sectional title market in South Africa has become entrenched as a significant component of real estate sales, rising from 13% of total sales in 2005 to nearly 28% in 2020, says Pam Golding Properties.

Across the market, residential property sales in Bloemfontein last year (2020) were the highest recorded during the past decade, despite the impact of Covid-19 and the lockdown, says Pam Golding Properties area principal, Ulrich Sirgel.

Sectional Title schemes that are not yet compliant with the reserve fund provisions of the Community Housing Schemes Ombud Services (CSOS) Act should rectify that position as soon as possible.

Steep annual increases in municipal electricity and water tariffs are a constant incentive for sectional title (ST) schemes and housing estates to implement alternative energy and water supply solutions.

After languishing in the background for a few years, the Protection of Personal Information Act (POPI Act) is now in effect and has significant implications for owners.

As a new home-owner, you are going to need three types of insurance – at least one of which may be completely new to you.

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last 24 months as investors have realised the extraordinary tax incentive offered by SARS.

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last 24 months as investors have realised the extraordinary tax incentive offered by SARS.