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Monday Jun 05, 2017

Millions poured into improving Durban inner city

Phase one of Durban's Inner City Regeneration Programme will see R88.5 million invested in inner city renewal, with intensive urban management.

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Appeal court reprieve for controversial Durban apartment block

Property developer Serengeti Rise Industries says it feels vindicated by a Supreme Court of Appeal (SCA) ruling that found its high-rise building in Currie Road does not have to be partially demolished.

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'Densification not all bad'

Your heart may sink when you realise the grand old house next door - that once accommodated a single family - is being torn down to provide six new units in a security estate, with six times the number of people and cars coming and going.

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'Buying down' a major trend in Cape Town

The age-old trend of "buying down" when times are tough has been reinvented by Cape Town buyers who are trading their larger homes for smaller properties because they want to, not because they need to.

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Critical new legislation for property industry

When it comes into effect, the Property Practitioners Draft Bill will replace the Estate Agency Affairs Act of 1976.

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'Buyers and renters must adjust expectations'

Encouraged by spectacular price increases in the past, many estate agents exaggerate the strength of the Cape market.

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'Mother City prices not for young pockets'

Buying a first home has always been tough for Capetonians, who have to compensate for living in one of the most beautiful parts of the country by forking out much more for property than citizens living elsewhere.

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