Learn how to Create Wealth through investing in property
Strategically well positioned to the north-west of Johannesburg, just 10 minutes from Sandton and easily accessible via main arterials such as the N1, Bram Fischer Drive, the M20, M9, M16, M5 and William Nicol Drive, Randburg is considered a priority area and important commercial node in the City of Johannesburg’s five-year Integrated Development Plan and Johannesburg 2040 Strategy.
Foreign buyers bought almost R6.5 billion worth of properties in South Africa last year, and not all of it in Cape Town or Johannesburg, property company Sotheby’s International Realty SA said on Saturday.
There is a mounting awareness amongst those looking to rent of the option nowadays to enter into a zero deposit lease. As a result, rental management agents are reporting not just an upsurge in the numbers responding to advertisements for zero deposit properties, but that prospective tenants are increasingly making direct enquiries about their options to secure a zero deposit lease.
The continued slide in the South African economy can largely be attributed to persistent and significant infrastructure constraints, with the most broadly felt being the lack of sufficient and reliable power supply to fuel higher levels of growth, according to Nicola Weimar, senior economist at Nedbank.
GLOBAL market research firm Nomura on Thursday said it expected a 50-basis-point rate hike from the South African Reserve Bank’s monetary policy committee (MPC) at its meeting next week.
The fact is our economic and social development depends significantly on the state of the country’s biodiversity, also referred to as natural capital, and this, in turn, is increasingly becoming integral to how people perceive value in specific properties.