Now more than ever, taxpayers will be looking to tax incentives as a tool to reduce the tax burden. Given that Retirement Annuity contributions are now capped at R350 000, a well-structured investment into a Section 12J fund presents an attractive alternative.
As South Africa battles its third wave of mass Covid-19 infections, the Real Estate Business Owners of South Africa (REBOSA) is appealing to agents around the country to reinforce their health and safety measures.
With 17 years of experience under its belt and the lion’s share of the South African residential rental market, PayProp is the country’s leading payment platform for rental agencies.
The Information Regulator has confirmed that there will be no deadline for registration of Information officers (IO) and Deputy Information Officers (DIO). This means that no responsible party will be held liable for not registering by 30 June 2021.
Never in South Africa’s history, has there been such a concerted effort in the property industry as seen during levels 5 and 4 of lockdown. Estate agents, attorneys, sellers and purchasers had to find “alternative methods” to sign sale agreements for land, when they had no access to printers and could not meet face to face as everyone were accustomed to.
The Covid-19 pandemic and subsequent lockdowns have had a significant impact on South Africa’s property market. But as vaccination rollouts promise ongoing easing in personal restrictions and bring hope of an improving economic situation, what does it mean for property sector stakeholders?
Buying a house at the age of between 20 and 30 will provide economic freedom – or so the youngsters say.
One-in-three high value properties are being snapped up by foreign buyers.
Proptech is one small part of a wider digital transformation that consider both the technological and mentality change of the real estate industry.
Training of estate agents and related professionals in the property industry is of the utmost importance and is a continuing process.