IOL Logo
Wednesday, May 21, 2025

Latest News & Developments

property investment

uMhlanga and Ballito are KZN's luxury living destinations for high-net-worth individuals

Explore the factors driving uMhlanga and Ballito's rise as prime investment hotspots for high-net-worth individuals, as they challenge the Cape Winelands' status as South Africa's leading luxury living destination.

Mercury
Siphesihle Buthelezi|Published

Anant Singh unpacks vision for Durban film studio project, will boost city's GDP and create jobs

Anant Singh, a Durban businessman and filmmaker, discusses the ongoing challenges in establishing eThekwini Film City, a project aimed at boosting the local economy and creating jobs, amidst claims of municipal sabotage.

Mercury News
Thami Magubane|Published

Prepare for the hidden costs of home buying to avoid financial strain

Thinking of buying a home? Don’t fall into the trap of overlooking the hidden costs!

Property Residential
IOL Reporter|Published

Semigrants reconsider Cape Town move as Joburg's property market gains interest

With property prices rising and logistical challenges in the Western Cape, many South Africans are thinking about returning to Johannesburg, where the housing market is more accessible and job opportunities are plentiful.

Cape Argus News
IOL Reporter|Published

Semigrants rethink Cape Town move as Johannesburg property market attracts attention

Amid rising property costs and infrastructure challenges in Cape Town, a growing number of semigrants are reconsidering their moves and eyeing Johannesburg's budding property market.

Property Residential
IOL Reporter|Published

From family home to nightclub: landlord's jaw-dropping discovery turns heads

A shocking TikTok story reveals how a Ghanaian homeowner discovered her family residence had turned into a nightclub, prompting outrage and viral reactions.

Travel Africa
ZamaNdosi Cele|Published

Growthpoint's interim results surge thanks to V&A Waterfront's performance

South Africa's largest REIT, Growthpoint Properties, delivers robust half-year results with a 3. 9% increase in distributable income, driven by strong performance in logistics and the V&A Waterfront. Strategic asset repositioning and focus on high-growth sectors signal positive outlook amid improving market conditions.

Business Report Economy
Published

February recovery: South Africa's REIT sector navigates global turbulence

South Africa’s Real Estate Investment Trust (REIT) sector is showing signs of resilience amid a turbulent global backdrop, posting a 1. 2% recovery in February after a shaky start to the year,

Business Report Companies
Philippa Larkin|Published

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.

Business Report Opinion
Michael-Anne Abrahams|Published

Unlocking rural property: how land reform, tech, finance, energy can drive growth

Rural property development in South Africa faces a myriad of challenges. Inadequate infrastructure and limited financing significantly deter investment.

Property Residential
Given Majola|Published

Property affordability: let's keep that 2% VAT increase off the table

The Budget was postponed because of a controversial 2% VAT increase. With Minister of Finance Enoch Godongwana set to give the speech next week, property experts say a VAT increase would hit hard.

Property Residential
Given Majola|Published

Good news for owners, bad for buyers as South Africa's average house price hits R1. 6 million for the first time

In 1994 the average house price was R150 000. Today the average house price in the country has exceeded R1. 6m, and it is getting tougher to own a home

Property Residential
Given Majola|Published

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.

Cape Argus News
Given Majola|Published

Potential increase in VAT could negatively impact property owners

The proposed change in VAT will shake up the property market significantly.

Property
Given Majola|Published

Stor-Age delivers positive operational performance

The portfolio achieved an average rental rate increase of 4. 1% year-on-year.

Business Report Companies
Ashley Lechman|Published

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.

Business Report Economy
Opinion|Published

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.

Property Residential
Given Majola|Published

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

Property Residential
Given Majola|Published

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.

Property
Given Majola|Updated

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.

Property
Given Majola|Published

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

Property
Given Majola|Published

Winning the lottery? Here’s how to avoid going broke

Financial mismanagement, reckless spending, and pressure from family and friendscan turn a life-changing lottery win into a financial nightmare.

News World
Dominic Naidoo|Published

eThekwini Municipality attracts billions of rand in investment, experts see potential for more

Business experts and economists said the investments were indicative of the City’s potential and could have been much bigger.

Mercury News
Thami Magubane|Published

Expropriation and affordabilty: South African property ownership safe but still tough to get on ladder - experts

First-time buyers are not only facing steeper home prices but banks have also been obliged to adopt a more conservative stance towards credit provision - however despite the expropriation act, ownership still safe.

Property
Given Majola|Published

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.

Property
Given Majola|Published