Covid-19 has had a huge effect on all aspects of South African lifestyles, not least of which is the effect it has had on our perception of our homes. Never before have we had to spend so much time in our own living spaces, or had to perform so many different tasks in the same place…
The minister of finance Tito Mboweni hit the nail on the head during the Medium-Term Budget Policy Statement (MTBPS) when he said that it is not only investors who need confidence, but also the average South African…
La Concorde in the Cape Winelands town of Paarl will be getting a new lease on life. Property developers, the Giflo Group have big plans to revitalise the one-time head office of KWV. The KWV building, as it is still known, is a landmark in Paarl’s Main Road…
With the easy access of available information, comes the risk of misinformation and disinformation sending DIY knowledge-seekers on a wild goose chase. The property industry is far from immune to the impact of incorrect or misleading information…
Earlier this month, Cabinet approved the Expropriation Bill and sent it to Parliament for adoption. This prompted a revived deluge of negative press, fears of government-approved land grabs and visions of a fast forward to Zimbabwe-style land losses. No such perceptions are warranted or correct, as the short discussion below highlights…
In the latest battle over the planned mega-development at Observatory’s River Club, the Heritage Western Cape Appeal Tribunal is being taken to court by the Western Cape Department of Transport and Public Works…
Despite the impact of Covid-19 and the tightening of economic activity, property remains a sound investment, according to Lightstone…
With the home buyers’ market buoyant and still being driven by sharply lower interest rates, the September Consumer Price Index (CPI) inflation numbers continue to point to a battling residential rental market which is being hampered by tenants who are financially pressured by a deep recession and ‘outcompeted’ by the home owner market due to the dramatic reduction in interest rates earlier this year…
The economic impact of Covid-19 has seen many small business owners around the world terminating their leases at shopping centres and office buildings and seeking more affordable options, including working from their homes…
There are three different forms of homeownership in South Africa which include owning a home as a natural person, a company or, as a trust. Each option has its own set of pros and cons and it is important to understand each option before proceeding with the purchase…
With the summer holiday season approaching, areas along the coastal region will experience an influx of non-registered agents offering deals that are too good to be true on managing clients’ holiday rental properties. The trouble with this is that these clients will have little to no legal recourse against these agents if they turn out to be con artists…
Being a commercial landlord in a post-pandemic world poses the challenge of how to provide occupants with secure, sustainable, and flexible spaces…
A body corporate is responsible for the maintenance of the common property of the scheme which includes planned and unforeseen maintenance. Maintenance to water damaged areas tends to raise the question: “Who is responsible for the repairs after a leak has been discovered?”…
Now on Level 1 lockdown, it is hopeful that South Africa is on the path to economic recovery, however, there is still some way to go, with the economy anticipated to shrink by 7.8% this year. In terms of the property sector, the knock-on impact is that buyer confidence is low – something that cannot be attributed solely to the pandemic…