The Monetary Policy Committee’s decision to keep the repo rate stable was not entirely surprising, as the 300bps rate cuts for the year to date are still taking effect, given the fact that the economy was in lockdown during Q2, and with restrictions not yet fully lifted, says Dr Andrew Golding, chief executive of the […]
As South Africa continues gradually emerging from the national lockdown, the luxury residential property market is showing promising signs of increasing activity, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Among most recent sales by Pam Golding Properties is a home in Clifton on the Cape’s Atlantic Seaboard purchased ‘sight unseen’ […]
BE SURE TO VISIT ONE OF OUR PROPERTY SHOWCASE WEEKENDS. A BESPOKE PORTFOLIO THAT INCLUDES RESIDENTIAL HOMES, ESTATE LIVING, DEVELOPMENTS & COMMERCIAL PROPERTIES This weekend, we’re featuring homes in Pretoria and Centurion. The properties on show will not disappoint! CENTURION 4 bedroom house for sale in Eldoraigne – R1,700,000 CENTURION ESTATES 3 bedroom house for […]
While retirement in its broadest sense represents a change in lifestyle in one way or another, the fact is, the traditional concept of retirement has changed significantly over the past few decades, with, for example many people in their 60s still very active and in their 70s still working, says Dr Andrew Golding, chief executive […]
“The near-universal lockdown of global economies earlier this year (2020) as governments attempted to contain the Coronavirus is unprecedented, with the social and economic consequences of the initial lockdown and subsequent gradual easing of restrictions still unfolding, making predictions in terms of the economy – and South Africa’s housing market – extremely difficult. The level […]
The far-reaching lockdown experienced by homeowners in South Africa has no doubt provided much food for thought and room for introspection, most likely mainly around re-evaluating lifestyle and long-term goals, but also their immediate surrounds – their homes. Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “Having been isolated in the […]
As the Covid-19 pandemic sent much of the world into lockdown, significantly negatively impacting the world economy, global real estate activity slowed dramatically. Now the majority of countries around the world are loosening restrictions, with many people returning to the workplace. But how have property markets responded? Citing Savills Global Market Sentiment Survey, Dr Andrew […]
Getting onto the property ladder during Covid-19 With the arrival of Covid-19 and the subsequent effect on the economy, does it still make sense to enter the property market and commit to buying your first property, or to build a property portfolio? If so, what are the best ways to go about this and what […]
The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Having already slashed the repo rate by 275 bps to soften the effects of Covid-19, the Reserve Bank […]
Against the backdrop of ongoing measures to address the Covid-19 pandemic in South Africa, the Supplementary Budget 2020 highlighted several key aspects, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Apart from the health and safety aspects so crucial to reducing the impact of this humanitarian crisis, the prioritisation of infrastructure […]