Latest News & Developments
property developments
Cape Town's Mont Reve development generates R500 million in sales within 24 hours
Mont Reve, a new mixed-use development in Sea Point, Cape Town, has generated R500 million in sales in just 24 hours, promising significant job creation but raising concerns among residents about traffic congestion and infrastructure strain.
How 2% VAT hike may affect your property purchase in South Africa
South Africa's proposed 2% VAT increase could significantly impact property buyers, particularly those purchasing new homes. Learn how this tax adjustment might affect property costs, from purchase prices to associated services, and what it means for the real estate market.
Court orders demolition of illegal high-rise buildings in Pretoria West
A Pretoria West property developer faces a court-ordered demolition of high-rise buildings constructed without approval, highlighting the importance of adhering to municipal regulations.
Capetonians invited to comment on mixed-use development plans in Pinelands
Capetonians have until the end of March to shape the future of Pinelands with proposed mixed-use development plans that promise affordable housing and commercial opportunities.
How a VAT hike could affect consumer spending and Property markets
Real estate often acts as a hedge against inflation, as property prices have the potential to rise.
Potential increase in VAT could negatively impact property owners
The proposed change in VAT will shake up the property market significantly.
Stor-Age delivers positive operational performance
The portfolio achieved an average rental rate increase of 4. 1% year-on-year.
Bulls&Bears: Offshore opportunities hidden by muted local growth expectations
It appears JSE-listed offshore property stocks have a reasonable margin of safety built into their valuations in relation to their promising prospects.
Should King David Mowbray Golf Club be used to address spacial apartheid?
Sometimes, arguments about responsible land use tend towards easy assumptions. This should be avoided. There are four key questions that I believe must be honestly answered by all parties during the important debate on King David Mowbray Golf Club’s future, writes Samora Biko.
Draft Strategic Transport Plan for Gauteng now available for public review and comment
The updated STP will provide a strategic plan to direct transport planning in Gauteng for a 15-year period.
South Africa’s housing crisis: where have all the quantity surveyors gone?
The shortage of registered quantity surveyors in South Africa is causing significant delays and inefficiencies in housing and property development, intensifying the country’s ongoing housing crisis. Discover the critical solutions being proposed to revamp the sector and enhance community living standards.
How KZN’s R59 million programme is tackling invasive alien plant species
Discover how KwaZulu-Natal’s R59 million Invasive Alien Species Programme aims to restore ecological balance and promote socio-economic development through targeted plant clearing initiatives.
Can a balanced budget stimulate South Africa's property sector? Expert weighs in
A balanced budget would involve addressing economic growth which starts by stabilising debt to GDP ratio, investment into infrastructure and the recovery plan for Transnet with regards to the country’s freight and ports.
The Table Bay Hotel closes for transformation: A new era begins
After nearly three decades of welcoming guests from around the world, Sun International’s beloved Grand Dame, The Table Bay Hotel, officially closed its doors on 15 February to embark on an exciting journey of transformation. The iconic The Table Bay Hotel has closed its doorsCome December 2025, the hotel will reopen as InterContinental Table Bay, Cape Town, following a major refurbishment that will elevate its offering while preserving its signature warmth and hospitality.
South Africa’s housing crisis: flawed market design leaves millions in gap market stranded
To ensure more private sector investment, policies need to change including those related to evictions and foreclosures - expert
Substantial capital investment needed to fulfil housing mandate - HDA
Commenting on the progress made in the human settlements sector, the HDA said while the sector has made progressive strides, growth remains uneven, with significant challenges in urban areas due to rapid migration.
South Africa’s property prices rise, barriers remain for first-time buyers
As South Africa's residential property market shows signs of recovery with house prices rising, experts warn that affordability challenges remain, particularly for first-time buyers. Discover how economic factors are influencing the housing landscape and what options are available to new entrants seeking homeownership.
Over 25% of South African farmland restored but productivity fails without skills, support
A new report shows that in just over 30 years of democracy a quarter of white-owned farmland was restored or redistributed to black South Africans
Real estate industry asks for R200m from President Ramaphosa’s transformation fund
In his SoNA 2025, President Cyril Ramaphosa said they will set up a transformation fund worth R20 billion a year over the next five years to fund black-owned and small business enterprises.
South African property market hit by growing divide between affordability and access
Added to that, inconsistency of service delivery has imposed additional costs on property owners, who are forced to invest in alternative electricity supplies and water backups, among other solutions.
Rising fuel costs squeeze incomes, make home loans harder in South Africa
The effect of rising transport costs directly impacts household budgets and the disposable income available for home loans and costs associated with purchasing property, says property expert.
SONA 2025: Give us clarity on the new Expropriation Act - South African property industry
While land reform remains a crucial national imperative, the new Expropriation Act introduces significant risks that could undermine property rights, deter investment, and create economic uncertainty - Sapoa
Fairvest CEO Darren Wilder discusses the REIT's growth and divestment plans
The company aims to eventually divest its office and industrial portfolios to focus on retail. It has disposed of 17 assets comprising about 56 000 square metres of gross lettable area. These assets were viewed as either non-core to the portfolio, problematic in terms of filling vacant space, or at the end of their growth cycle.
South Africa's human settlements sector struggles with housing accessibility for the gap market, warns DHS
Professor François Viruly, University of Cape Town associate professor and director of the Urban Real Estate Research Unit, said it is becoming increasingly clear that delivery of housing by different tiers of government does not meet the required demand.
Despite crowding, affordability issues, Western Cape still leads uptick in new residential developments
And, retail developments are likely to follow in areas where residential growth occurs, says economist John Loos.