Land reform conversations should not be limited to who owns the land; they should also focus on how that land is used and whether it delivers meaningful benefits for the communities that fought to reclaim it. Peter Setou, the Chief Executive of Vumelana Advisory Fund, says far greater attention needs to be paid to what happens after land has been transferred. “Thankfully, there is growing recognition...
The new project in the heart of Stellenbosch is an attempt to rewrite the narrative on affordable housing-and potentially offer a replicable model for other communities across South Africa. The Cloetesville Affordable Housing Initiative, spearheaded by MDW Cape Town Inc. in partnership with the Stellenbosch Municipality, is said not to merely be a housing project but a comprehensive homeownership...
Homeowners can unlock additional income through their homes while staying compliant with local zoning and insurance requirements, noted a property expert. Bradd Bendall, national head of sales at BetterBond, said the house one calls a home can be so much more than the place where they live. “A home can also be a source of additional income, especially during challenging financial times." "It...
Mothers need to be especially vigilant about the long-term financial implications of owning a home. Motherhood significantly impacts the financial aspects of property ownership, according to Momentum Financial Planning's Esther Devar. She advises prospective homeowner mothers to seek professional financial advice and to account for all expenses beyond just the mortgage before making a...
With the prevailing economic and environmental realities, homebuilders are encouraged to consider alternatives such as the usage of Alternative Building Technology (ABT) and Innovative Building Technologies (IBT). This was as the whilst high interest rates inevitably impacted the affordability, or lack thereof, and increase in home construction costs. Portia Sebulela, the head of Marketing,...
South Africa's annual national residential property price inflation was 5.0% in December last year, an increase from 4.9% in November 2024. This is according to the Residential Property Price Index (RPPI) December 2024, released by Statistics South Africa on Thursday, which shows that the residential property price index (RPPI) increased by 0.4% month-on-month in December 2024. “The main...
The "North Coast Property Market Report" reveals that there is a massive population and income growth across key regions that include Ballito, KwaDukuza Non-Urban (NU) and Salt Rock. The report recently launched by Rainmaker Marketing noted that with record numbers of high-income families, professionals, and retirees relocating to the area-and developers racing to meet demand with large-scale...
The Department of Public Service and Administration(DPSA) has officially announced an upward adjustment to the housing allowance for public servants. According to Circular No. 15 of 2025, the revised allowance, implemented per the Public Service Coordinating Bargaining Council (PSCBC) Resolution 1 of 2025, took effect at the beginning of last month. Effective from that date, the monthly housing...
Offshoring is proving to be a powerful growth engine for South Africa with its influence already visible on the property sector and set to expand in the coming years. Offshoring is the relocation of business operations or services to another country-has become a key part of many companies’ global strategies. Jasmine Araujo, the senior manager for Financial Services and Commerce for Robert...
While the South African real estate sector has not been insulated from the various macroeconomic challenges, the sector has shown notable resilience. This was as this year got off to a volatile start with significant movements across global markets, shifting geopolitical dynamics, and ongoing volatility driven by persistent macroeconomic headwinds. Despite global pressures, South Africa's real...
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