Gated communities are increasingly popular with home buyers due to the perceived safety these neighbourhoods offer.
Since 2015, Cape Town flat rentals have been outperforming their peers strongly, but are taking a breather for now, only growing by 4% over the past year.
Many tenants ask their landlords for first refusal, should the landlord ever decide to sell the property.
Giuricich Bros Construction, the leading South African family-owned construction firm, has continued its 77-year tradition as an Italian master builder with an elegant trio of new residential developments.
Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, released its interim results for the six months ended 31 August 2017.
The first three quarters of 2017 saw building activity in the South African market for new private sector-financed housing (see explanatory notes) contracting in both the planning and construction phases compared with the corresponding period last year, based on data released by Statistics South Africa.
Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
Visitors are paying premium rental prices to enjoy the pristine beaches and cosmopolitan lifestyle the Mother City has to offer, says Pam Golding Properties, with homes along the popular Atlantic Seaboard fetching daily rentals of around R30 000.
Indluplace Properties Limited (‘Indluplace’), the first residential focused REIT listed on the JSE, today announced their annual results for the full year ending 30 September 2017.

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