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.
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.
Savvy African consumers demand clean, interactive and well operated shopping centres, as well as extended trading hours to indulge in retail therapy, according to the Broll Shopper Segmentation Report 2016.
Ten thriving small businesses have graduated from the rigorous two-year enterprise development incubation programme offered by Property Point: a Growthpoint Initiative.
Consumers know what they want from shopping centres - they demand the presence of certain retailers as well as extended trading hours, according to the Broll Shopper Segmentation Report 2016 Volume 1.
Experienced Nigerian consumers are ahead of the curve when it comes to online shopping compared to consumers in Kenya and South Africa, according to the Broll Shopper Segmentation Report 2016 Volume 1.
The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.
Retail cannibalisation is becoming a growing reality in South Africa and, until now, it has been all too easy to place the blame for this squarely at the feet of shopping centre developers.

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