The Real State of Property in SA
Due to the improved political and economic sentiment, the recent interest rate cut and the improved outlook for economic growth, there is evidence of affordable areas in South Africa’s economic heartland, Gauteng, as well as other accessibly priced properties in various regions becoming more and more appealing. South Africa is fortunate in that it has a young, growing population which has yet to enter the housing market. With affordability considerations making sectional title properties the preferred entry point for first-time buyers, the demand for sectional title properties is likely to remain brisk for the foreseeable future. Our guests in studio are Tebogo Molefe (Founder of First Class Property SA), Leroy Slava (Director of Property Pick), Buhle Gumede (Co-Founder of Africa Pure Property), and Thandeka Nombanjinji (Investment Partner at Vital Property Group).