The recent opening of the R330 million Carletonville Mall on the West Rand has re-ignited interest in the residential property market in Carletonville itself, which has, like many mining towns, gone through some challenging times over the past few years.
Following a year which was saw South Africa’s housing market rise to the challenge amid tough economic conditions, a number of positives stand out, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Vukile will launch its residential property strategy before the end of March next year as it looks to add diversification to its predominantly retail-focused portfolio.
The area around the iconic Loftus Versfeld stadium in Pretoria is set to become another of the city’s growth nodes, with the development of new residential and mixed-use spaces such as the ambitious Loftus Park with its retail and commercial office components.
Buyers snapped up 106 of the 144 apartments in Waters Edge, Rabie Property Group’s latest residential development at Century City, for a total value of R256,6 million at its launch last week.
“If everyone got free WiFi with every tree they planted, we wouldn’t have the problem of climate change.”
The Royal Institution of Chartered Surveyors (RICS) has announced the appointment of Benjamin Manu as the new regional manager for West Africa.
Indluplace Properties’s revenue has increased from R37,4 million (30 September 2014) to R157,8 million (30 September 2015).

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