A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.

Although ooba’s property statistics for February indicate year-on-year growth in house prices, slower year-on-year price growth trends are emerging.

“While many South African consumers have started to feel the economic pinch in recent months, the demand for accommodation in the greater Johannesburg area has continued unabated, and this has ensured that the residential rental property market in much of the region has remained robust.

The Monetary Policy Committee’s decision to further increase the repo rate was unfortunate off the back of the January (2016) hike and given the pressing need to help stimulate growth in South Africa’s economy, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Buy-to-let properties are an excellent way to generate income during retirement, but how late is too late to get into the game? Bill Rawson, Chairman of the Rawson Property Group, explains the pros and cons of buying a rental property at retirement age.

Answering the demand for smaller industrial sites, property group JT Ross has released a basket of sub divided plots in Durban’s landmark development, Cornubia.

R800 million Ocean Club-Zimbali Gets the Green Light as the KZN Northern Corridor becomes the Focus of Economic Growth.

John Loos, Household and Property Sector Strategist at FNB observes 'a tougher year for residendial mortgage lending ahead, as the residential property market slowly moves into its super-cycle “Correction”.'

China has seen an increase in outward investment by almost 1,500%* in a decade (2005 - 2015) according to the Knight Frank Wealth Report, 2016. 

Prime residential property prices in Vancouver rose by 25%* in 2015 according to Knight Frank’s Prime International Residential Index (PIRI).