Lifestyle

Semigration is the hottest trend in the property market. According to Samuel Seeff, chairman of the Seeff Property Group migration and moving is part of any property market. He says while some are moving out of necessity for work, family or retirement, there is now a trend of people moving for better service delivery, security and lifestyle. This move is not always as drastic as to semigrate to the Cape...

Getting a foot on the property ladder has always been a primary goal for most people and, as their lives change over the years, so do their property requirements, however, significant shifts in buyer’s priorities in recent years have precipitated notable changes in how these new needs are being met. “Traditionally, the popular first-time buyer choice was a flat in an urban location close to the action...

For family home buyers, probably the most important factor in their choice of location is proximity to good schooling. Yet, says Mohammed Amra, Pam Golding Properties area principal in Durban and Port Shepstone/Margate, some eminently suitable centrally situated suburbs with access to reputable government and private schools are sometimes overlooked. Says Amra: “Schools impact buyers’ needs as they...

The first of six towers at Cape Town’s largest and most ambitious new mixed-use precinct has “topped out” on the 23rd floor, 95 meters above ground, just 30 months after breaking ground in January 2020. “Reaching the highest point of Tower 1 at Harbour Arch represents a significant milestone in our construction journey,” said Nicholas Stopforth, Managing Director of Amdec Property Developments....

Way back when, urbanisation was the process in which rural communities grew to form cities or urban centres and, by extension the growth and expansion of those cities.  Simply put, a particularly prosperous and efficient village attracted the attention of other, less prosperous tribes who then joined the successful settlement. Fast forward several 100 years and the principle remains the...

Top-end sales of luxury homes on the Cape’s sought-after Atlantic Seaboard are flying high, with Pam Golding Properties reporting more unit sales over R20 million on this prestigious coastline in recent months than the whole of last year (2021). Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “Despite the traditionally slower winter market we are achieving some of our...

Investing in real estate remains one of the best ways to accumulate wealth, both in terms of appreciation in market value as well as generating a reliable monthly cash flow. This is according to Arnold Maritz, Co-Principal for Lew Geffen Sotheby’s International Realty in Cape Town’s Southern Suburbs and False Bay, who says that one of the main reasons is the fact that historically, real estate has been...

Underpinned by a strategic location and rampant commercial development in recent years, Midrand’s burgeoning residential property landscape offers a broad spectrum of properties and excellent value, especially in the estate sector which is attracting considerable investor interest. “Despite the economic slump, there’s has been a surge in activity across the board, but most notably in the secure...

Leonhard Jonas, CEO of Northlands Business Park and Avianto Estate The concept of the super estate, though innovative, is not novel – it has existed globally for several years. Despite being well-established, no real definition of the concept exists. From a developer’s perspective, the most basic requirement of a super estate is to offer more than 2 000 residential opportunities, with facilities and...

Low Interest Rates First quarter oobarometer statistics released by ooba, South Africa’s foremost home loan comparison service, show continued robust growth in the residential property sector despite a year dominated by the Covid-19 pandemic and the ensuing economic fallout.According to the oobarometer, the Average Purchase Price increased by 13.8% for the first quarter of 2021 (Q1 21) compared to...