The impending 21-day lockdown in South Africa will severely impact the local real estate industry. There are many restrictions facing estate agents such as the Deeds Office ….
Big or small, local estate agencies have chosen to remain open for business during South Africa’s lockdown to fight the spread of the deadly new coronavirus.
Many people will not be able to earn an income during the nationwide lockdown from midnight 26 March till midnight 16 April. What are landlords who are unable to pay their levies to do?
All tenants who were due to move at the end of March will now need to do so before midnight on Thursday 26 March, or they will have to remain in place at least until after the nationwide lockdown, which currently ends at midnight on 16 April.
The COVID – 19 (or “Coronavirus”) is spreading. Employers and employees have a role to play in limiting its impact. In this alert, we answer some of the most pressing questions that have been asked over the past few days.
In the wake of the rapid spread of the novel coronavirus (COVID-19) declared a national disaster in South Africa, there is little chance of business as usual for anyone.
The property sector can be appealing for criminals. Through a property purchase or two, criminals can dispense with fairly large amounts of their proceeds
According to the PayProp Annual Review of 2019, rents in Gauteng overtook those in KwaZulu-Natal and the Northern Cape during the past year. With an average rent of R8 360, Gauteng is now the second-most expensive province in which to rent after the Western Cape.
The coronavirus (COVID-19) outbreak is a black swan event for the property sector, but not all tenants in South Africa will see the doom and gloom!
All South Africans, including the real estate sector, are following closely the latest news on the global and expected local economic impact following the rapid spread of the highly contagious novel coronavirus across the globe.