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.

A fervent desire to reduce both monthly costs and traffic-congested travel times while residing in conveniently situated nodes has given rise to the ongoing success of the live-work-play lifestyle in South Africa.

Sectional Title schemes and other community housing developments should be taking steps as fast as they can now to ensure that residents have access to electricity and water supplies in the coming months.

The recent ruling by the Supreme Court of Appeal where the body corporate of Gardens Lodge in Cape Town was found to have charged a “patently exorbitant” interest rate on levies that were outstanding.

Last week’s NERSA decided to allow a further above-inflation tariff hike.

Although the Camps Bay market has responded predictably to the prevailing socio-economic climate with lower sales volumes across the board, it has proven more resilient than most comparable areas this year with a 1.88% increase in the average house price and a diminishing gap between asking and selling prices.

Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.

When the developer returns, what happens to your home’s value?

Cape Town’s highly publicised water shortage has caused more than just the dams to dry up.

Although relatively few Capetonians are aware of this further step in the campaign to limit their water consumption, the Cape Town City Council has just approved a range of amendments to the water by-laws. 

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