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Sunday, June 8, 2025

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properties

Season 3 of 'Listing Cape Town': a luxurious showdown in the real estate arena

Join the elite as 'Listing Cape Town' returns, showcasing breathtaking properties and fierce competition among top estate agents in the Mother City.

Entertainment Celebrity News
Alyssia Birjalal|Published

Darling Street eviction case: Court date set for June 19 amid ongoing legal battles

As the Department of Public Works and Infrastructure battles to evict residents from 104-106 Darling Street in Cape Town, it faces criticism for allegedly bypassing legal protocols, raising concerns about the future of over 60 long-term occupants.

News South Africa
Theolin Tembo|Published

Darling Street eviction case: Next court date set for June 19

As the Department of Public Works and Infrastructure battles to evict residents from 104-106 Darling Street in Cape Town, it faces criticism for allegedly bypassing legal protocols, raising concerns about the future of over 60 long-term occupants.

News South Africa
Theolin Tembo|Published

New 48-hour strategy unveiled by government to tackle building hijacking crisis

The South African government has announced a comprehensive strategy to address the issues of hijacked and abandoned state-owned buildings, aiming to improve safety and security while providing solutions for illegal occupants.

Cape Argus News
Genevieve Serra and Loyiso Sidimba|Published

48-hour rapid response: Government's new strategy against building hijackers

The Department of Public Works and Infrastructure is launching an unprecedented strategy to reclaim over 1,600 hijacked and abandoned government buildings across South Africa. The plan includes early detection systems, 48-hour eviction protocols, arrests of illegal occupants including undocumented foreign nationals, and inter-governmental coordination to address what officials describe as 'insufficient and ineffective' current measures.

News South Africa
Loyiso Sidimba|Published

The gap between Cape Town and Johannesburg residential property values continues to widen

Cape Town's property market is not only outperforming Johannesburg's but also attracting more out-of-town buyers, signalling a significant shift in South Africa's real estate landscape.

Business Advice
Jason Woosey|Published

Property Boom: Johannesburg's R1 billion revival as Cape exodus reverses

Johannesburg's property market sees a R1 billion surge as professionals abandon remote work in the Western Cape, drawn back by career opportunities and Sandton's thriving corporate hub.

Property Residential
Vernon Pillay|Published

South African government pushes for affordable housing solutions for public servants

A market product needs to be developed for this segment of employees so that they can also become homeowners, say the experts.

Property
Given Majola|Published

Less than 16% of South Africans earn enough to buy a R1. 3m property

Only a small percentage of South Africans who are single and work can afford a home worth R1. 3m

Property Residential
Given Majola|Published

Stor-Age delivers positive operational performance

The portfolio achieved an average rental rate increase of 4. 1% year-on-year.

Business Report Companies
Ashley Lechman|Published

South Africa’s housing crisis: flawed market design leaves millions in gap market stranded

To ensure more private sector investment, policies need to change including those related to evictions and foreclosures - expert

Property Residential
Given Majola|Published

South Africa’s property prices rise, barriers remain for first-time buyers

As South Africa's residential property market shows signs of recovery with house prices rising, experts warn that affordability challenges remain, particularly for first-time buyers. Discover how economic factors are influencing the housing landscape and what options are available to new entrants seeking homeownership.

Property
Given Majola|Published

Parklands homeowner gains hope after court evicts illegal occupier

After a long legal battle, a Parklands homeowner sees hope as the Western Cape High Court orders the eviction of an illegal occupier, allowing him to reclaim his property.

News Crime and Courts
Chevon Booysen|Published

Row erupts over blocked Camps Bay view

An Italian property mogul and her husband claim their neighbour has breached building height regulations, obscuring their scenic view.

Cape Argus News
Genevieve Serra|Published

Over 25% of South African farmland restored but productivity fails without skills, support

A new report shows that in just over 30 years of democracy a quarter of white-owned farmland was restored or redistributed to black South Africans

Property
Given Majola|Published

Siblings evicted from their home after late parents fell into arrears with bond payments

In court, the sister argued that her siblings financially depend on her, once evicted, they will become her financial burden.

News Crime and Courts
Sinenhlanhla Masilela|Published

Turnaround visible in South Africa's residential property market - BetterBond

The Free State and Northern Cape region had outperformed the rest in the recovery stakes, with the Western Cape in second position with a year-on-year increase of 35% in the number of home loans granted. A total of five regions recorded double-digit growth during the past 12 months.

Business Report Economy
Edward West|Published

Challenges and opportunities in the South African real estate market for 2025

January’s share price performance underscored investor concerns, and South African REITs saw a 3. 6% decline in January, underperforming the broader equity market, which rose 2. 3%. The equity market was driven by strong returns from the precious metals sector and the modest 0. 4% gain in the bond market due to attractive real yields in South Africa.

Business Report Economy
Edward West|Published

Western Cape leads the pack in investment properties

New property investment trends are growing in South Africa as investors are tapping into the growing demand for coastal homes to build wealth. According to data from Standard Bank, one in eight mortgage applications nationally over the past year were for buy-to-let properties. Western Cape is leading the pack in property investmentThe Western Cape has come out at the forefront as the leading hotspot for property investors, with 31% of new home loan applications in the province linked to buy-to-let. . .

Weekend Argus News
Staff Reporter|Published

Rising fuel costs squeeze incomes, make home loans harder in South Africa

The effect of rising transport costs directly impacts household budgets and the disposable income available for home loans and costs associated with purchasing property, says property expert.

Property
Given Majola|Published

Students warned to be alert over accommodation scams | Student Survival 2025

As students begin their searching for accommodations ahead of the 2025 academic year, scammers are are increasingly using Facebook to lure students.

News Education Universities
Simon Majadibodu|Published

SONA 2025: Give us clarity on the new Expropriation Act - South African property industry

While land reform remains a crucial national imperative, the new Expropriation Act introduces significant risks that could undermine property rights, deter investment, and create economic uncertainty - Sapoa

Property
Given Majola|Published

SONA 2025: President Ramaphosa, you have failed the poor, their homes are worthless assets!

Just hours before President Ramaphosa is set to address South Africans in the SONA, many South Africans still don’t even have title deeds to their homes - which means they will never be able to create generational wealth. Added to that ailing municipalities and clunky red tape is hampering the affordable housing sector and White Papers don’t address important sectors.

Property Residential
Vivian Warby|Updated

Despite crowding, affordability issues, Western Cape still leads uptick in new residential developments

And, retail developments are likely to follow in areas where residential growth occurs, says economist John Loos.

Property Residential
Given Majola|Published

Municipalities’ service delivery challenges: a direct threat to property values, says estate agency

In a response to Independent Media Property enquiry, the estate agency’s CEO Richard Gray, said if municipalities continue to fail in this respect, it will directly impact the value of properties, affordability and the availability of housing a few years down the line.

Property Residential
Given Majola|Published