Historically, South African housing stock has been – and remains – predominantly freehold. However, with space at a premium and a large, young population, the market is experiencing a shift towards sectional title homes, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Says Dr Golding: “Then post-hard lockdown, when work-from-home space […]
Demand continues unabated for well-priced properties in Pretoria East’s lifestyle estates. Estate living is becoming increasingly popular with many buyers, especially those seeking a secure and family-oriented lifestyle, says Dean and Donovan Lindique, Pam Golding Properties Pretoria East area specialists. “One of the main reasons for buying into estates is the 24-hour security with access […]
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 […]
Signs of an emerging turnaround in residential property activity are continuing The housing market in South Africa demonstrates ongoing resilience despite the challenges of a muted economy and socio-political impacts. This is according to Dr Andrew Golding, chief executive of the Pam Golding Property group, who says that promising signs include a decline in ‘time […]
Often described as one of Cape Town’s best-kept secrets, the coastal suburb of Noordhoek is also one of the fastest growing areas in South Africa. Not only does it offer unrivalled beauty, that includes one of the longest stretches of beaches in the city, but it also boasts several luxury estates with a premium lifestyle […]
Check that you have your original Title Deeds before 25 February 2019 While this has probably remained below the radar for many home owners, amendments to Regulation 68 47/1937 of the Deeds Registries Act which were published in January this year (2019) means that there’s a longer, more onerous – and no doubt costlier route […]
Traditionally, property has been viewed as an inflation hedge – an asset which provides protection against rising prices. However, in the decade since the global financial crisis, property has increasingly been viewed as a safe haven – an asset which allows an investor to safely store their wealth during times of market turbulence. This has […]
After an unexpectedly tough 2018, but with the welcome announcement that the repo rate remains unchanged following this first MPC meeting of the year, the outlook for 2019 is somewhat brighter. Nonetheless, the year ahead is likely to be characterised by a number of highly significant events which could substantially impact the performance of the […]
News that South Africa’s GDP increased by 2.2% in Q3, with fuel prices considerably reduced and the end of the technical recession, has ended the year (2018) on a more positive note, says Dr Andrew Golding, chief executive of the Pam Golding Property group “This has been a tough year. A troubled global backdrop, coupled […]
For homeowners with mortgages and credit debt, as well as aspirant home buyers, the news of a 25bps increase was not what they wanted to hear – Andrew Golding comments. While many market commentators would probably have liked to be a fly on the wall during the Monetary Policy Committee’s earnest deliberations this week, […]