With sectional title sales accounting for a growing percentage of South Africa’s total home sales, rising from 22% in 2010 to 28.4% of total sales in early-2016, there are no signs of this trend abating, particular as densification and the demand for convenient apartment living continues.
Modern homes are generally becoming smaller as more people look to live in convenient sectional title apartments or more compact, manageable houses.
The local residential property market in the northern Johannesburg suburb of Norwood is highly buoyant and homes in the area remain in strong demand, says Pam Golding Properties.
The mercury is rising as the peak tourist season gets underway, and Cape Town’s beaches and scenic mountains are resplendent, reminding us why the Mother City has just been named one of the best three travel destinations in the world by Lonely Planet.
Welcoming today’s decision by the Monetary Policy Committee meeting to again hold the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property group, said that South Africa’s housing market continues to demonstrate maturity and ongoing resilience.
Much has been said about the attributes of living on a residential estate, and while lifestyle appeal is a crucial component, the fact is the sound investment value both in terms of capital appreciation and potential rental income also speaks volumes to property buyers across the country, says Dr Andrew Golding, CE of the Pam Golding Property group.
A mere three hours from Cape Town and 90 minutes from the Garden Route, Prince Albert, an exceptionally beautiful Karoo town set against the backdrop of the Swartberg Mountains of the Western Cape, has over the years established itself as a leading country town.
Relocating for a better lifestyle which includes living off the grid in a more self-sustainable manner is catching on fast in the coastal Garden Route areas of Knysna, Plettenberg Bay and Sedgefield.
Easy access to the workplace, educational institutions, shopping, entertainment, transport, and other facilities, as well as security, remain important concerns to the residents of Pretoria, and are assisting to drive ongoing demand for properties in well-situated estates and sectional title complexes.

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