RESIDENTIAL REAL ESTATE REPRESENTS THE WORLD’S MOST SIGNIFICANT STORE OF WEALTH

In 2022, the value of all global real estate – comprising residential and commercial real estate, and agricultural land – reached $379.7 trillion, maintaining the asset’s position as the world’s most significant store of wealth. This is according to research by global real estate services provider, Savills, who point out that real estate is more […]

Global acclaim for Pam Golding Properties at International Property Awards

Pam Golding Properties has swept the boards in the world-renowned International Property Awards 2021-2022 winning no less than seven awards for: International Overall – Best International Real Estate Agency Marketing International Regional – Best Real Estate Agency over 20 Offices Africa International Regional – Best Real Estate Agency Website Africa International Regional – Best Real […]

PROPERTY MARKETS WHICH HAVE EXPERIENCED A ‘POST-HARD LOCKDOWN’ BOOM

After a sharp drop in residential property unit sales in South Africa in 2020, total unit sales rebounded strongly to 318 152 in 2021, according to Lightstone statistics. This represented a robust 21.4% increase from unit sales of 262 104 in 2020 and a 3.0% increase on pre-Covid sales of 308 818 in 2019. Source: Lightstone Says Dr […]

Globally, real estate investment has shown resilience

According to global real estate services provider, Savills, real estate investment worldwide has shown staunch resilience in the face of the Covid-19 pandemic. Says Paul Tostevin, director, Savills World Research: “Global real estate investment volumes bounced back in 2021 . Attractive among investors seeking diversified income streams, funds targeting real estate reached new highs last year, with […]

Building confidence and stimulating growth is key

Highlighting all the key issues and emphasising the action to be taken in the months and year ahead, the new Minister of Finance Enoch Godongwana’s Medium Term Budget Policy Statement is expected to boost market confidence, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Says Dr Golding: “In addition to reassuring the […]

Residential property demand creates global surge in transaction volumes

Analysing 15 cities across the globe, a report by international property firm, Savills, reveals that in the first half of 2021, 80% of locations saw transaction volumes for end-user residential property exceed H1 2019 figures. Says Dr Andrew Golding, chief executive of the Pam Golding Property group, which is the exclusive residential real estate partner for  Savills  in […]

INCREASED MOVEMENT IN THE LUXURY RESIDENTIAL PROPERTY MARKET

One of the noticeable trends in the residential property market this year has been a discernible uptick in demand for luxury homes in the R10 million-plus price band – a sector where freehold properties have enjoyed an increase in demand, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Much of this demand […]

MILLENNIALS ARE DOING IT FOR THEMSELVES (SMALLER IS BETTER)

There is a seismic shift in the residential property market, much of which is attributable to the upsurge in demand from the Millennial generation, who for the past five consecutive years have represented the largest share of the home buying market. Late to home buying compared to previous generations – with many either living at […]