Bustle or hustle? Soweto’s rising dawn
Soweto is no longer viewed as simply comprising low-cost housing; its offerings range from shacks to multi-million Rand homes, among them a large portfolio of rentals.
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Soweto is no longer viewed as simply comprising low-cost housing; its offerings range from shacks to multi-million Rand homes, among them a large portfolio of rentals.
Over the last year, semigration, predominantly to the Western Cape,
has been the trend to watch. While Gauteng has earned one
negative news headline after the other, is the tide turning? If so, it could be partly due to South Africans coming home from abroad.
An analysis of the average selling prices across the country by the Seeff Property Group this year reveals that nine of the most expensive suburbs are in Cape Town. Only Sandhurst from the Sandton/Joburg area makes it into the top ten.
Firzt Realty opened its doors in Glenhazel in 2002 with three employees. Now 21 years on, it has over 100 admin and property professionals. CEO, Denese Zaslanksy, shares her tips on making it in the industry.
Pretoria has been experiencing something of a ‘purple patch’ in
residential real estate, with data showing a healthy growth in property sales and prices over the last decade.
Fires, explosions, excessive municipal rates, potholes, and load shedding – the recent media coverage about Johannesburg paints a grim picture – and seems to be fueling increased semigration to other provinces.
Stretching from Alberton in the west to Springs in the east, and south down to Nigel, Ekhuruleni includes areas like Boksburg, Benoni, Bedfordview, Germiston, Kempton Park, Linksfield and Modderfontein.
Even though the Covid-19 pandemic has had an impact on the property market across South Africa, there are still significant investment opportunities to be had, especially in the residential sector.
Rosebank, Johannesburg, one of the oldest suburbs in the City of Gold, is getting a glow-up. Always a popular choice for families looking for proximity to excellent schools, an influx of local and international businesses, embassies and new restaurants and hotels has given it a youthful, modern and trendy edge.
The South African Institute of Black Property Professionals (SAIBPP) called the government’s support of the Mooikloof MegaCity Development a ‘slap in the face of black contractors’.