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Saturday, May 17, 2025

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The true value of land: it's not who owns it, but how it's used

The resolution of the land question is not only morally and politically right, but it is also an economic imperative in South Africa.

Business Property
Given Majola|Published

Darling Street eviction case: Court date set for June 19 amid ongoing legal battles

As the Department of Public Works and Infrastructure battles to evict residents from 104-106 Darling Street in Cape Town, it faces criticism for allegedly bypassing legal protocols, raising concerns about the future of over 60 long-term occupants.

News South Africa
Theolin Tembo|Published

Darling Street eviction case: Next court date set for June 19

As the Department of Public Works and Infrastructure battles to evict residents from 104-106 Darling Street in Cape Town, it faces criticism for allegedly bypassing legal protocols, raising concerns about the future of over 60 long-term occupants.

News South Africa
Theolin Tembo|Published

Tshwane facing R180m sinkhole crisis. Homes and lives are at risk

Dozens of devastating sinkholes are threatening homes and businesses across Centurion, forcing residents to abandon properties and disrupting lives, while the City of Tshwane grapples with a R180 million budget shortfall for urgent repairs. With 59 documented sinkholes and more appearing after each rainfall, desperate residents call for national disaster declaration.

The Star News
Rapula Moatshe|Published

Tshwane's R180m sinkhole crisis: homes and lives at risk as repairs stall

Dozens of devastating sinkholes are threatening homes and businesses across Centurion, forcing residents to abandon properties and disrupting lives, while the City of Tshwane grapples with a R180 million budget shortfall for urgent repairs. With 59 documented sinkholes and more appearing after each rainfall, desperate residents call for national disaster declaration.

News
Rapula Moatshe|Published

Cape Town's rental prices: luxury or lunacy compared to Joburg?

As Cape Town's rental prices soar, many are questioning the affordability of living in the city compared to Johannesburg, where rentals remain more accessible.

Travel South Africa Western Cape
Bernelee Vollmer|Published

Cape Town's property market thrives: global report insights

A deep dive into the global property markets shows that Cape Town's property market is still on the rise. The best performing property markets according to the global report however are the Middle East and Latin America.

Property Residential
Given Majola|Published

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.

Weekend Argus News
Staff Reporter|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

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.

Property
Given Majola|Published

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.

Property Residential
Given Majola|Published

Municipalities’ service delivery challenges: a direct threat to property values, says estate agency

In a response to Independent Media Property enquiry, the estate agency’s CEO Richard Gray, said if municipalities continue to fail in this respect, it will directly impact the value of properties, affordability and the availability of housing a few years down the line.

Property Residential
Given Majola|Published

Watch VideoCity promises continued engagement as Cissie Gool House public participation closes

Residents of Cissie Gool House in Cape Town seek meaningful engagement with the City as public participation for the housing development at Woodstock Hospital concludes.

News South Africa
Theolin Tembo|Published

South Africans are holding on to their money, hoping for an interest rate cut this week

An interest rate cut is likely this week, say economists, but will it be enough to get consumers to buy property?

Property
Given Majola|Published

Cissie Gool House redevelopment: Capetonians urged to stand against displacement

The City plans for this site to be used as a mixed-use market and affordable housing development.

News South Africa Western Cape
Theolin Tembo|Published

These are the top hotspots for property investors in 2025

Investor sentiment in Cape Town is cautiously optimistic and South Africans are once again looking to invest in real estate in 2025.

Cape Argus News
Staff Reporter|Published

Growthpoint to build R2bn-plus Sandton development with over 400 apartments

Olympus Sandton will be situated in the mixed-use Sandton Summit precinct, anchored by the Discovery head office on the corner of Rivonia Road.

Business Report Companies
Edward West|Published

South Africa's most expensive provinces for house rentals in 2024

As the rental market in South Africa continues to shift, the data from the PayProp Rental Index, has revealed the average rental prices in South Africa.

Property Residential
Dhivana Rajgopaul|Published

Can 2025 be the year SA fixes its affordable housing crisis? These experts hope so

Local property and housing experts at the forefront of the drive to solve the affordable housing crisis reveal their hopes for the sector for the new year

Property
Vivian Warby|Published

Blouberg property boom as Joburg residents are flocking to the Cape Town suburb in droves

There have been 3,649 transactions conducted over the last year in the Blouberg area, valued at around R8. 2 billion.

Property Residential
Vernon Pillay|Published

Trovato House: A colonial masterpiece and film star on Wynberg Hill for R45 million

Designed by the esteemed architect Sir Herbert Baker, this stunning estate boasts a remarkable legacy, having withstood the test of time for 125 years.

Weekend Argus Lifestyle
Venecia Valentine|Published

Historic Sea Point building faces demolition as area sees commercial boom

Irate residents have raised concerns regarding the demolition of a building built in 1929 in Regent Road Sea Point which is set for the development of a hotel.

Weekend Argus News
Genevieve Serra|Published

Climbing Cape Town’s property ladder almost impossible for the poor

Lack of title deeds, amongst other issues, keep many South Africans out of the formal property market. If the country gets it right, however, it could be the biggest Black Economic Empowerment programme.

Weekend Argus News
Vivian Warby|Published