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.

Friday, 30 August 2019 22:06

Deconstructing the value of real estate

Real estate has long been touted as a good investment on the basis of property having excellent value, but in order to capitalise in a dynamic marketplace, one has to understand the meaning of value in this context and the key factors which contribute to this value.

Bondspark CEO, Marcel du Toit says that there are several reasons behind the overall improvement of the local property sector this quarter.

Increased over the past two years, contributing to excess supply predominantly in the upper-ends of the property market.

Fortress REIT Limited, the JSE-listed property group, has funded a year-long “Trees for Homes” programme run by Food & Trees for Africa (FTFA) in Sebokeng, a township in southern Gauteng.

The National Home Builders Registration Council (NHBRC) has deregistered seventeen (17) contractors and builders from its database of approved homebuilders following the outcome of the disciplinary hearing processes.

The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged at 6,75% and prime interest rate the same at 10,25%.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

Rudi Botha, CEO of SA’s leading bond originator BetterBond, says the SONA was very wide ranging and covered a huge number of initiatives, but that there were definitely some highlights for the real estate market.

It’s been over a decade since the start of the Global Financial Crisis , and markets have rebounded spectacularly in the years that have followed.

Page 1 of 3

Most Popular

Balwin Properties announces R9 billion Munyaka Crystal Lagoon development in Waterfall, Midrand

Feb 06, 2020
Munyaka Crystal Lagoon
JSE listed Balwin Properties, a developer that cares about environmentally responsible…

Atterbury develops new Cape Town showroom for WeBuyCars

Jan 30, 2020
Atterbury We Buy Cars exterior view
Leading property developer and investor Atterbury has handed over the innovative…

New fire safety global standard being developed for buildings and infrastructure

Jan 30, 2020
TC Chetty RICS SA Country Manager
The Royal Institution of Chartered Surveyors (RICS) is collaborating with a coalition of…

382 Jan Smuts avenue gets caffein boost

Jan 28, 2020
Seattle
382 Jan Smuts, which is situated in the heart of Craighall, one of the busiest and most…

Green Building Council SA to reduce physical footprint

Jan 29, 2020
Dora Modise CEO GBCSA
Green Building Council South Africa (GBCSA) will be reducing their physical office…

Please publish modules in offcanvas position.