eProperty News

Everybody knows that the construction industry has been reeling for a number of years, a casualty of an economy that seems to be going backwards and the lack of spending on infrastructure.

President Cyril Ramaphosa’s State of the Nation address was lacklustre at best, failing dismally to reassure investors that the country has tangible short- to medium-term plans to effect an economic turn-around, comments Joff van Reenen, Director of specialist real estate auction company, High Street Auctions.

A luxurious, prime located, four-bedroom Clifton bungalow in perfect position on 4th Beach has been sold by Pam Golding Properties for R70 million to an upcountry buyer for use as a holiday home.

Wednesday, 10 February 2021 12:38

Rand comes full circle SONA to SONA

The rand has certainly been on a tumultuous ride in the 12 months since the 2020 State of the Nation Address (SONA).

We continue with the 4th quarter 2020 results of our FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.

If the past year has taught us anything, it is how important our homes have become to us.

The Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu has issued a clarion call to potential investors including the banking institutions to assist government’s efforts in meeting the demand for social housing units by investing into social housing projects. Sisulu says the investment opportunities are spread across the country’s metros. 

The Industrial Property Market in 2021 is certainly not an easy one to predict. However, learning from the past year’s events gives us a good idea of what we can expect.

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