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STUDENT HOUSING: AN INVESTMENT OPPORTUNITY?
By: MICEL SCHNEHAGE Property developers, investors and parents are taking advantage of a massive backlog in student housing to enter what could potentially be a lucrative investment. There also appears to be a growing trend in the number of private investors and parents climbing on the bandwagon by buying residential units to let out to…
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THE CONSUMER PROTECTION ACT AND YOUR PROPERTY RIGHTS
By: SERAJ HAROUN The purchasers of property that was marketed to them via direct marketing, such as e-mail, will be able to cancel the sale after the property has been registered, and months after the sale agreement was signed, according to the new Consumer Protection Act (CPA). In terms of the CPA, consumers are entitled…
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LUXURY AND COMMERCIAL PROPERTY MARKETS COULD HAVE A TOUGH YEAR AHEAD
The Budget Speech in February touched on several aspects of property-related taxation. “The changes in capital gains tax (CGT) and transfer duties really only affect the upper end of the market, but of the average owner of a single primary residence, the costs of buying and selling property will stay pretty much the same.” “Transfer…
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CAPE TOWN TOPS PROPERTY MARKET IN SA
The total value of sales in the South African housing market has been steadily increasing, with an 8.3% increase in the value of residential-property transactions from 2014 to last year. This is despite gross domestic product (GDP) growth remaining very low, new vehicle sales plummeting, and an increasingly aggressive upward interest-rate cycle. 50% of residential…
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REAL ESTATE INVESTMENT IS IDEAL WAY TO GROW PERSONAL WEALTH
When it comes to long-term investment, there are few asset classes that have the same benefits as property, especially for building a foundation on which to grow personal wealth. Many astute property buyers who have followed the key principles of property investment have been able to reap the rewards of their actions and see good…

