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.

Leading property developer, Devmark Property Group, won three prestigious African Property Awards including Best Residential Development and Best Development Marketing for The Plettenberg Manor, as well as Best Single Unit Residential Development for Klein D'Aria Private Estate.

Blok is proud to announce the completion of NINEONS, our development at 9 Scholtz Road.

Wednesday, 12 September 2018 13:10

South African millennials are buying homes

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

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. 

Brackenfell, thought by many property trend watchers to be the precinct that now offers the best value for money and the best capital growth prospects.

The NHBRC warns unsuspecting housing consumers against a letter allegedly sent out by Cosmopolitan Projects about guarantees on their completed homes.

In January 2018, the FNB House Price Index showed a slowing in year-on-year growth compared with the revised December 2017 rate.

WHILE Ekurhuleni has an overall budget for this year of R9,1bn, it has worked hard to become a lean, mean and effective metropolitan municipality.

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