Residential Property Market

A look at Midrand's massive new R9bn beachfront apartment development

JSE listed Balwin Properties, will be developing the R9 billion Munyaka project with 5,020 apartments in Waterfall, Midrand which it says will have the largest crystal-clear lagoon in the southern hemisphere.

Big Property Developments expected to fire up Cape Town

A number of new modern commercial and luxury residential developments, including hotels, are on track to come out of Cape Town’s soil, setting existing establishments in the area aflutter with dreams of tourist gold.

Gupta’s Saxonwold home rakes in R2.6 million on Auction

Described to be the most high profile auction event of the year, one of the properties in the affluent leafy suburb of Saxonwold in Johannesburg, belonging to the controversial Gupta family was sold for R2.6 million on Monday morning.

Deserted factories to be converted into Affordable Housing

The City of Johannesburg (COJ) says it has identified abandoned factories in the city that it plans to expropriate in order to allow the private sector to turn them into low-cost affordable housing.

Joburg inner city property developments on the cards — City of Joburg

The Johannesburg City Council has identified over eighty properties in the Inner City for investment and development opportunities.

Abland, Tiber team up for R3bn mixed-use venture in Sandton

Abland and Tiber are collaborating to develop the Sandton Gate precinct, a new mixed-use green development worth R3 billion over the next few years.

Joburg Mayor targets 500 hijacked buildings for Affordable Housing

City of Johannesburg Mayor Herman Mashaba vowed to reclaim 500 hijacked buildings, as part of his campaign to bring safety and order back to the area.

Balwin, Transcend team up for R6.4 billion Apartment venture

Sectional title heavyweight, Balwin Properties and Transcend, a residential property fund, are for the first time collaborating to develop 8,900 affordable rental apartments worth R6.4 billion over the next six years.

Good news for Buyers, not necessarily Owners

Minister Pravin Gordhan had a difficult budget speech to deliver as the economy struggles through its largest under performance since the 2009 recession, with the added challenge of a R30.4bn tax shortfall.

Some relief for first time property buyers in National Budget

The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time buyers.

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