Expect slowing property price growth in 2017, with a few exceptions

The residential property market has had its ups and downs during 2016 as the economy stagnates, the Reserve Bank started hiking interest rates again and consumers struggle with household debt-to-income. What's in store for 2017; slowing property price growth - with a few notable exceptions - an increase in demand for smaller properties, specifically sectional title, and a tightening of the belt when it comes to household savings.


Woodstock Upper On the Up

The residential property market in Woodstock remains buoyant, particularly Woodstock Upper which recorded 27 sales in the first nine months of this year, fetching an average price of R2 558 000, according to online sales database Propstats. The lowest price achieved was R995 000 and the highest R4 735 000.  On average properties took 25 days to sell.


Blocks retain and beautify

During the planning stages of the upmarket Auas Hills Retirement Village, situated in Auasblick, Windhoek, it became evident that earth-retaining measures were necessary in order to stabilise the exposed embankments as a result from excavation activities.


High-yielding Ruyterwacht property goes on auction

Property investors are preparing for an auction of a retail and residential block of flats situated in Ruyterwacht, Cape Town. The property presents buyers with an opportunity to purchase a tenanted block of flats with a large retail component at an attractive short-term yield. There is considerable upside to be unlocked as rentals for the residential and retail tenants are currently below market value.


Denker Capital to Expand its Offering

Denker Capital is pleased to announce the appointment of Madalet Sessions to spearhead its new multi-asset class business. Denker Capital will be expanding its existing specialist equity offering to clients and will include exciting new opportunities in the compulsory savings (Regulation 28 compliant) and absolute return space.

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