Activity within the South African property market has begun to cool down, largely owing to higher interest rates and an unstable electricity supply. However, some parts of the country seem less affected than others by the tightening market conditions.
Rental properties in the Southern Suburbs are increasingly popular as stock shortages loom
06 Feb 2023
Cape Town’s Southern Suburbs has long been a popular residential area, especially with families looking to live near good schools and amenities but a spike in demand in the fourth quarter of 2022 driven by semigration has further fuelled the market with stock shortages looming in many suburbs.
Surge in high-end sales and rentals on Cape Atlantic Seaboard
12 Jan 2023
Still basking in the glow of a bumper festive holiday season, with some domestic tourists still in evidence, and the Mother City set to host an influx of international tourists during the forthcoming months from January to April/May, the demand for residential property in Cape Town continues unabated, says Basil Moraitis, regional manager for Pam Golding Properties in the Western Cape.
The redevelopment of Greenways Hotel creates unique security estate living
03 Nov 2022
With spacious, luxurious homes in Cape Town’s highly sought-after ‘Hen-and-Chicken’ precinct in Upper Claremont hard to come by, the conversion of Greenways Manor and its six-acre estate into a highly secure, exclusive residential development - Greenways Estate, has aroused considerable interest among home buyers, says Pam Golding Properties.