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 […]
Selling your property can be an overwhelming affair, even for the most seasoned investor. That is why we’re here to ensure that you experience moving home differently. Being prepared for the nuances in advance can help ensure a smoother process, and will help you steer clear of the most common pitfalls. Bond cancellation notice – banks […]
Hot on the heels of being awarded Best Real Estate Agency in South Africa 2020-2021 (over 20 offices), Pam Golding Properties has received global recognition by being awarded Best International Real Estate Agency and Best Real Estate Agency in Africa (2020-2021) in the world-renowned International Property Awards. Open to property professionals from around the world […]
The Covid-19 pandemic and lockdown has prompted many people to reassess their priorities and make changes and life choices that reflect a more balanced and, in some cases, even a more cost-effective lifestyle. This shift is particularly evident in the residential property market, with numerous transactions since the hard lockdown mirroring this trend, says Dr […]
With all indications that the Monetary Policy Committee would retain the status quo, it was no surprise that the decision was taken to leave the repo rate unchanged at this month’s (May 2021) meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “This provides stability to the market in respect of aspirant […]
With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Says Dr Golding: “This means that the prime […]
While the concept of ‘luxury’ means a variety of things to different people when it comes to their primary residence – particularly since the advent of the Covid-19 pandemic and ongoing levels of lockdown – there are several key factors which buyers seek when buying a luxury home. And, says Tania Smit, who heads up Pam […]
“Apart from the commitment made to the urgent rollout of the vaccination programme, of comfort to debt-burdened consumers is the announcement in the National Budget today that there will be no increase in personal income tax, but instead, a 5% adjustment in the personal income tax brackets which will combat fiscal drag and provide R2.2 […]
Dr Andrew Golding, chief executive of the Pam Golding Property group, comments: After the worst economic downturn in decades, further dampened by the recent tightening of lockdown restrictions in response to the second wave of the pandemic and the recommencement of load shedding, economic growth – while admittedly coming off a low base – is […]
There has been a huge amount of interest and increased activity from first time buyers as a result of the extremely low interest rates and no transfer duties payable on properties up to 1 million. A lot of these first time buyers were formerly renting and have found more appealing and affordable solutions. Dr. Andrew […]