“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 […]
Pam Golding Properties awarded Best Real Estate Agency in South Africa in International Property Awards “At the heart of our success lies our customer-centric approach based on fostering long-term relationships with clients – including both sellers and buyers – with agents playing a key role in applying their negotiating and inter-personal skills in concluding successful […]
Lisbon, Sydney and Moscow set to lead residential price growth in 2020 In 2020, capital values across the 27 cities in the Savills World Cities Prime Residential Index are forecast to grow by 1.8% on average, says Dr Andrew Golding, chief executive of the Pam Golding Property group, which is in association with Savills. “This […]
Contained inflation made the case for an easing in the repo rate – Dr Andrew Golding, chief executive of the Pam Golding Property group With limited, modest growth anticipated for the year ahead (2020), it is encouraging that the Monetary Policy Committee saw fit to reduce the repo rate by 25bps in order to help […]
2020 Vision Following another year of tepid economic growth, and with the latest round of load shedding further dampening the economy and expected to result in a Moody’s downgrade early next year, where does that leave South Africa’s residential property market? With household finances under pressure for the foreseeable future, the focus is likely to […]
Pam Golding Properties has been judged the Best International Real Estate Agency (over 20 offices) 2019-2020 at the International Property Awards (IPA) held in London (2 December 2019) In so doing the company competed against the highest-scoring winners from around the world, as the awards are split into regions covering Africa, Asia Pacific, Arabia, Canada, […]
Property markets through the ages have behaved in cyclical patterns and there is nothing to suggest that the current environment is systemic or permanent While current market conditions are dominated by political and economic headwinds, there is a sense firstly that the economy has the potential to improve in the near term and that from […]
Signs that the residential property market is beginning to stabilise Overall, 2019 is proving to be another year of tepid economic growth (see chart below), resulting in yet another year in which government revenues have disappointed – placing additional pressure on the country’s financial situation and in turn, on consumers. SOURCE: SA Reserve BankSARB GDP […]
EB-5 is currently the fastest way for high net worth individuals to obtain a U.S Green Card for their family. It was created to stimulate the U.S economy through job creation and capital investment for foreign investors. The United States EB-5 Investment Programme offers investors a fast and simple way to acquire a non-restrictive Green […]
Meaningful confidence boost required to stimulate the property market Sentiment is a key driver of investor confidence and the residential property market is no different in this regard. So while today’s announcement by the Monetary Policy Committee that the repo rate will remain unchanged is positive in terms of stability, it is unlikely to stimulate […]
