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 […]
World-class student accommodation demonstrates inner-city commitment in Johannesburg
December 2 2024 21:10 Johannesburg’s inner-city is a truly African city and a place of inclusion, economic growth and opportunity. So said Paul Jackson, CEO of TUHF, at the official opening of Fedsure House – the newest property refurbishment project undertaken by Samuel Beyin, the CEO of Focus1 student accommodation and a long-standing TUHF client. […]
Thrive Student Living to bring 2 400 new beds to R800m Growthpoint development
December 2 2024 17:30 Thrive Student Living has started its largest student accommodation development since it was founded with the division of Growthpoint Properties starting work on an R800m KwaZulu-Natal (KZN) development, which will include 2 400 beds. The development lies adjacent to the main gate of the Howard College Campus of University of KZN […]
Hoom putting power in estate agents’ hands
November 26 2024 08:00 SOUTH AFRICA Founder of the skilled Web app: Hoom, Erhard Wolfaardt sat down with Property Flash to explain how this new solution is giving estate agents an edge against competing property practitioners across South Afirca. Hoom is a web-based app which connects sellers of homes with a choice of the best […]
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%. […]
What New Government-Imposed Restrictions Could Mean for Airbnb Property Owners
November 13 2024 09:15 This is a guest article by Grant Smee of Only Realty Property Group Grant Smee Airbnb continues to drive high levels of short-term letting activity across the globe. Over the period of 10-years, the popular app has increased its active listings from 550,000 to a 7.7-million in the world. Its 2023 […]
Bond Nest platform launches
November 8 2024 14:35 A residential property proptech platform called Bond Nest has launched. The group wants to connect buyers, sellers, agents and banks. There are numerous groups trying to compete in this space already. The platform called Hoom which connects sellers and estate agents which was launched earlier this year stands out as a […]
Sustainability is about building a resilient and annuity-based business according to Landsdowne Property
November 6 2024 17:30 SOUTH AFRICA Landsdowne Property Group, a residential real estate manager and estate agency company, is pushing its message that sustainability is about building a resilient, annuity-based business. Founded in November 2006 with just one employee, Landsdowne grew to 170 employees by 2024 and has established 10 annuity businesses since the launch […]
AuctionInc. set to cap off stellar year with November 21 with bumper auction
November 4 2024 10:28 SOUTH AFRICA AuctionInc., South Africa’s most modern auction house, will end 2024 with aplomb as it hosts a bumper multi-purpose property event on November 21 in Johannesburg. The company has enjoyed a tremendous year, and November is set to bring in record monthly sales for AuctionInc., CEO Ari Ben says. A […]
Sustainable Living Meets Investment Potential at The Ilex in Stellenbosch
October 31 2024 17:35 SOUTH AFRICA – WESTERN CAPE One of SA’s most loved towns, with its picturesque vineyards, world-class university and historical sites, Stellenbosch, is a place where South Africans and tourists desire to be. But rising home prices and scarce accommodation force many young professionals and students to commute daily from afar. The […]