Latest News & Developments
residential property
Residents of Marulani Lodge protest unexpected waste management charges
Residents of Marulani Lodge in Pretoria East are outraged after receiving unexpected waste management bills from the City of Tshwane despite already paying for private waste collection.
Redevelopment plans for Mowbray Golf Course spark debate over affordable housing
Debate intensifies over the proposed redevelopment of Cape Town's Mowbray Golf Course, as housing activists call for measures to ensure affordability and racial redress in the face of potential displacement.
Mowbray Golf Course chairperson stands firm against affordable housing redevelopment
Debate intensifies over the proposed redevelopment of the Mowbray Golf Course in Cape Town, as housing activists call for measures to ensure affordability and racial equity in the city's housing plans.
Minister vows accountability after Neo Victoria building collapse in Western Cape
Human Settlements Minister Thembi Simelane has promised accountability after the Neo Victoria residential project collapse claimed 34 lives in the Western Cape. An investigation revealed alarming regulatory failures and safety violations that led to what Simelane described as a 'historic and horrific disaster. ' As South Africa faces a housing crisis affecting over 2 million people, this tragedy highlights the urgent need for reform in the housing sector
Frustration mounts in Centurion area as power outage continues following substation fire
Residents in Centurion's Tshwane suburbs express frustration over a five-day power outage caused by the Brakfontein substation explosion as officials work to restore electricity.
Frustration mounts in Centurion area as power outage continues following substation fire
Residents in Centurion's Tshwane suburbs express frustration over a five-day power outage caused by the Brakfontein substation explosion as officials work to restore electricity.
Crisis: Young South Africans can't afford homes as first-time buyer age soars to 37
If affordability challenges persist and younger buyers are locked out of the property market, the country risks increased pressure on rental markets, less long-term wealth generation among youth and potentially a shrinking base of future homeowners.
Disappointing news for South Africans as interest rate remains unchanged
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
Will South Africa follow the US on interest rates? Anticipation grows for a cut today
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
The gap between Cape Town and Johannesburg residential property values continues to widen
Cape Town's property market is not only outperforming Johannesburg's but also attracting more out-of-town buyers, signalling a significant shift in South Africa's real estate landscape.
Inner-city property owners slam Expropriation Act for hijacked buildings as a farce
Inner-city property owners are caught in a precarious situation as they navigate the challenges posed by the Expropriation Act and the growing menace of hijack syndicates. With over 1,100 buildings hijacked in Johannesburg alone, these owners struggle to reclaim their properties while facing threats from criminal groups and government intervention aimed at repurposing abandoned buildings for affordable housing.
'I can only dream of this life in the US': Big Sbuda embraces South African soft life
As US president Donald Trump opens up a line for South Africans to escape to America, Americans living in South Africa are living in bliss, calling it the "soft life" .
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.
Civic organisation celebrates potential R10 billion debt relief in Tshwane
The civic organisation applauds Tshwane's proposed debt-relief programme, which could eliminate R10 billion in municipal debt for residents.
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
Less than 16% of South Africans earn enough to buy a R1. 3m property
Only a small percentage of South Africans who are single and work can afford a home worth R1. 3m
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.
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.
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.
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.
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.
Renting out your property? Here is a simple guide to find out if you are getting a good return on your investment
Property expert Adrian Goslett argued that calculating your home’s potential to generate a profit will provide a clear picture of how well a property is performing.