Latest News & Developments
Tshwane's MMC for Road and Transport, Tlangi Mogale, faces criticism from Ga-Rankuwa residents after her remarks on social media regarding their efforts to fill potholes.
Kleinfontein residents accuse the City of Tshwane of neglecting their long-standing rezoning application, highlighting their self-sufficiency and the need for formalisation.
Discover how branding shapes the future of South African businesses and connects them with customers in a competitive market.
South Africa's townships are experiencing a significant shift in their economic landscape, with property and investment seeing substantial growth
Real estate often acts as a hedge against inflation, as property prices have the potential to rise.
The proposed change in VAT will shake up the property market significantly.
Residents of Clairwood express their concerns regarding the eThekwini Municipality’s proposal to rezone their suburb into a logistics park, citing inadequate communication and the need for further consultation.
To ensure more private sector investment, policies need to change including those related to evictions and foreclosures - expert
Commenting on the progress made in the human settlements sector, the HDA said while the sector has made progressive strides, growth remains uneven, with significant challenges in urban areas due to rapid migration.
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.
Professor François Viruly, University of Cape Town associate professor and director of the Urban Real Estate Research Unit, said it is becoming increasingly clear that delivery of housing by different tiers of government does not meet the required demand.
Local property and housing experts at the forefront of the drive to solve the affordable housing crisis reveal their hopes for the sector for the new year
Lack of title deeds, amongst other issues, keep many South Africans out of the formal property market. If the country gets it right, however, it could be the biggest Black Economic Empowerment programme.
He criticized the tendency to associate spaza shops with foreign owners and expired food, arguing that such assumptions are driven by xenophobia rather than evidence.
The survey revealed a grim picture: 47% of township households depend on salaries, 45% rely on grants, and various others resort to informal means, such as street selling or piece work.
The city’s spatial mismatch, a legacy of apartheid planning, continues to keeps the poor out of the property market. What can be done to create a more functional city?
Mental health issues are silently but steadily taking root in South African townships. Recent data shows that at least 30% of individuals living in these areas exhibit symptoms of depression, while about 25% are affected by anxiety disorders.
Getting the lower to middle end of the property market to work could be a game changer and go toward turning the affordable housing crisis around.
How small-scale township property developers are changing the face of the property market
How small-scale township property developers are changing the face of the property market
According to Lightstone, just more than half of properties in the affordable market – classified as any property up to the value of R750 000 – are located in traditional townships.
Small-scale developers are helping solve the impending housing crisis one brick at a time
Soweto’s economy is thriving, and citizens enjoy a high standard of living. People continue to buy in this area for a variety of reasons, including affordability and family ties, but it is also a contemporary community with public and private schools.
Exemplar Reitail, the listed property fund focused on rural and township retail, declared an interim dividend of 64. 272 cents per share for the six months to August 31, 6. 47% lower than the same period a year before.
Community leader Sello Moropa said it was long overdue, and that the ANC was campaigning for next year’s elections through the handover of title deeds.