On Thursday, the South African Reserve Bank (Sarb) announced a bigger-than-expected 50 basis points (bps) increase in the repo rate, taking it to 7.75% and pushing the prime lending rate…
Browsing: Property
According to local property experts, the North Coast’s buoyant development sector is expected to continue trending upwards despite economic pressures at the national level. At a recent property panel discussion…
South African cities continue to dominate Africa’s top ten wealthiest cities in terms of resident dollar millionaires. According to the Africa Wealth Report for 2023, released by Henley & Partners…
The announcement by Finance Minister Enoch Godongwana of the National Treasury’s rebate plan for new rooftop solar installations on private residences beginning 1 March 2023 has increased demand for renewable…
The draft property valuation roll for the City of Johannesburg Metropolitan Municipality is now available for all ratepayers to study. This implies that metro property owners have until the end of March…
Although brokers are more optimistic in the commercial property market than they were last year, an economic slowdown and 375 basis point interest rate rises since late-2021 may have begun…
South Africa’s property market is now in a seller’s market, according to property analyst Grant Smee, and putting down a substantial deposit and factoring in interest rate rises is critical…
Transfer duties in South Africa have been reduced, which is excellent news for first-time purchasers. Finance Minister Enoch Godongwana stated during his budget speech on Wednesday, 22 February, that the…
According to the Organisation Undoing Tax Abuse (Outa), ratepayers in the City of Johannesburg should ensure that their property assessments are appropriate in order to avoid overpaying on property rates.…
According to National Treasury, body corporates and sectional title schemes would be unable to benefit from the rooftop solar tax savings revealed during the budget address on Wednesday (22 February).…
