Information-OLD
Case Study: Foreign Resident Buying Property in SA – 23 July 2021
More and more foreign residents are buying properties in South Africa and require finance for their purchase…
# SARB holds rate steady, warns of upcoming hikes – 15 July 2021
South African Reserve Bank Governor Kganyago Lesetja confirmed the Monetary Policy Committee (MPC) has decided to hold the repo rate at 3.5%
The Current Lending Rate remains at: 7%…
Property is a tangible asset you can count on – 19 July 2021
Investing in property is usually done to earn a return through rental. One may even want to sell the property in the future, receiving a significant return, considering that land and buildings do not depreciate in the same way that other assets do…
What to consider before investing in a second property – 19 July 2021
A second property can be a great way to earn a passive income but, just like any other investment, it needs to be approached with an open mind and a keen understanding of exactly how it works…
Property winners and losers may shift in second half of the year – 15 July 2021
The last 18 months have seen some clear winners and losers in the property industry. However, things may not stay the same in the next six months, especially if we experience an extended period of high levels of Covid infections and even more shutdowns…
No quick recovery expected for the commercial real estate sector – 13 July 2021
Commercial tenants showed signs of recovery in the first quarter of 2021, mirroring the better-than-expected GDP figures revealed for the same period by Statistics South Africa. A recovery in the commercial real estate sector relies heavily on business recovery. Constraints to business productivity, including the continued work-from-home trend, has had a significant impact on the sector…
Property Practitioners Act: Obligations on property practitioners -19 July 2021
What has happened to the Property Practitioners Act, No 22 of 2019 (PPA)?
The President has signed the Act into law, however, the date of commencement of the Act is still to be determined. The Act will repeal the Estate Agency Affairs Act, No 112 of 1976 (“EAA Act”) in its entirety. Draft regulations were published for public comment in March 2020. However, as things stand, there is no firm indication as to when the PPA will come into force…
5 things real estate agents analyse when valuing a property – 11 July 2021
One of the most critical elements of selling any property is getting the listing price right. Price too low and sellers lose out on profits. Price too high and the property may not sell at all…
Commercial property buying/selling markets substantially oversupplied – FNB survey – 6 July 2021
We continue with the second quarter 2021 results of our FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in and around the six major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay…
A Trip Back In Time: Unique Self-Guided Historic Route Launches In Western Cape Town Of Piketberg – July 2021
The Piketberg Historical Route takes visitors to the myriad of historical buildings dotted throughout the town which date back as far as the 1880’s and is a wonderful outing for young and old…
Property prices ‘accelerate in all provinces’ – 16 July 2021
HOUSE price growth continues to accelerate in all provinces, with Mpumalanga, North West and the Eastern Cape standing out as the top performers, because of the positive impact of low interest rates…
Is Tax Avoidance legal? – 13 July 2021
There is a general misconception between the terms “tax avoidance” on the one hand and “tax evasion” on the other. These terms can be confusingly similar but there is an important distinction between these tax terms that can have the result of the taxpayer being either on right side of the law, or the wrong side of the law…
