While much has been said regarding the slowing in house price growth in recent months, the residential property market in Gauteng is a highly complex one, with sharp regional and suburban variations, and there are a number highly positive developments within the region’s property sector.

JSE listed REIT Octodec today announced a reasonable half year performance in a toughening business environment with muted economic growth.

Founded forty years ago to house a few thousand people working on the then-new Sasol Two and Sasol Three plants in Mpumalanga, Secunda has since grown into a thriving modern town with about 300 000 residents and a complex economy of its own.

It’s every landlord’s nightmare: being stuck with a tenant who doesn’t pay rent or isn’t looking after your property and refuses to move out, no matter what you do.

Young people planning on buying their first home should not get too hung up on interest rates or market cycles, or they might miss out altogether on the advantages of property ownership.

The sluggish economy and declining employment over the past few years have prompted an increasing number of people to start their own businesses as a way of earning an income, and the latest available statistics indicate that at least 10% of SA’s working adults are now self-employed.

Despite vast capital growth in Sydney and Melbourne prime residential markets over the seven-year period to December 2015; overall the broader mainstream markets have significantly outperformed.

While Ballito has always been a popular seaside destination for Durban locals, it was the opening of the King Shaka International Airport in May 2010 that really put this coastal gem on the map.

Ekurhuleni Executive Mayor Mondli Gungubele on Wednesday outlined bold steps to grow the economy of the City and create jobs.

Anyone who has ever bought or sold a property is aware that a valuation is a prerequisite to the completion of the transaction. Louis van Rooyen, commercial and industrial broker with Rawson Commercial Somerset West says, “Some may view an annual valuation over a commercial property as an unnecessary exercise and expense.