Joel Pollak seems to agree with Trump’s vitriol which says the US can kick people out of Gaza and turn it into a piece of desirable real estate
February 7 2025 10:00 Donald Trump lives in a movie or maybe in an episode of a reality show, and it’s not The Apprentice. He enjoys saying controversial things to rile people, businesses, and often countries up. He’s a felon but also a cheat at golf and a liar. You just can’t believe much of […]
How the Latest Rate Cut Will Shape Homebuying in 2025
February 6 2025 23:30 A guest article by ooba, the bond originators The announcement of a 25 basis point rate reduction marks an improvement for the residential property sector, lowering the repo and prime lending rates to 7.50% and 11.0%, respectively. This news concludes the third rate cut in a period of less than six […]
SAPOA and JCCI to collaborate in finding solutions to assist the City of Joburg with the municipal infrastructure situation
February 4 2025 07:40 The South African Property Owners Association (SAPOA) and the Johannesburg Chamber ofCommerce and Industry (JCCI) have signed a memorandum of understanding (MoU) to outline the arrangements for a closer interaction and support between the two entities in the interestsof jointly identifying initiatives that seek to have a positive contribution to the […]
Insurance and real estate businessman Douw Steyn passes away at 72
February 4 2025 11:50 Business mogul Douw Steyn has passed away at 72, Picture supplied by Steyn City Douw Steyn, who made his fortune from insurance and later developed numerous estates and other projects, has died. Steyn City, the high-end estate east of Dainfern and south of Diepsloot township, was his last prominent development. He […]
Reserve bank cuts rates by 25 basis points
January 30 2025 18:10 While the 25bps interest rate cut by the Reserve Bank, taking the repo rate to 7.50% (from 7.75%), and the prime rate to 11% (from 11.25%), is welcome news for the economy and property market, Samuel Seeff, chairman of the Seeff Property Group says it’s simply not enough. Many people share […]
Expropriation bill signed into law
January 24 205 13:00 Cyril Ramaphosa, courtesy of Shutterstock President Cyril Ramaphosa has signed the Expropriation Act into law. This makes it easier for the state to expropriate land if it’s in the public interest, subject to equitable compensation being paid, according to the president. The Expropriation Act replaces and updates existing legislation that dates […]
Store manager at Festival Mall stabbed after refusing to exchange goods
January 19 2024 12:15 A 44-year-old man was arrested at Growthpoint Properties’ Festival Mall in Kempton Park, Gauteng on Friday January 17, following a stabbing at an unnamed store. According to an article published by Kempton Express, Kempton Park SAPS spokesperson Sergeant Dipuo Ditshego said a woman visited the store to exchange clothing but could not […]
Another Brick in the Wall meets Ask Ash
December 9 2024 21:10 SOUTH AFRICA Hello there! Our latest episode of Another Brick in the Wall has been released and is available at iono.fm: https://iono.fm/e/1509102 and on Spotify : https://open.spotify.com/episode/3watWd4IjRwwZORQ596Atb. In this episode, we chat to Ash Muller of AskAsh. She is a trailblazer of a broker and has built an impressive presence on social media. She is considered to […]
Some optimism for residential property
December 2 2024 23:00 SOUTH AFRICA Landsdowne Property Group, a managing agency is optimistic about the prospects for the residential market in 2025. The group says unsurprisingly that improving market sentiment, rising property demand in Johannesburg and the Western Cape, and the potential effects of further interest rate cuts are key factors contributing to this […]
Second rate cut for 2024 should spur homebuying activity
November 21 2024 18:30 The SA Reserve Bank cut rates on Thursday November 21. This was the second cut of the year as the cutting cycle continues. The Bank announced a 25 basis points reduction in the repo rate, lowering it to 7.75%. This latest rate cut moves the prime lending rate down to 11.25%. […]