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Series of unfortunate events precipitate further repo rate hike

May252023
Dr Andrew Golding, chief executive of the Pam Golding Property group
“At the time, the higher-than-anticipated 50bps rate hike at the previous (March 2023) MPC meeting was widely thought to be the last – or at worst the penultimate – repo rate hike in the current interest rate cycle. Not only had interest rates risen beyond the

Growing demand for luxury apartments with hotel component & Mauritius Residency sees launch of La Pirogue Residences

Aug102022
View of the beach at La Pirogue
A growing global demand to buy luxury residential units in prime leisure destinations with access to hotel facilities and a rental pool for income generation has seen the launch of 45 apartments connected to the renowned La Pirogue Hotel on the sought-after we

Building a property investment portfolio makes sense

Jul132022
Pam Golding Properties is marketing a one-bedroom apartment in this brand-new residential development. The Onyx (see exterior of The Onyx and pool area), in prime uMhlanga, is designed with contemporary and elegant finishes throughout, offering a sophisticated urban lifestyle. Finishes include raw brick feature walls, high gloss kitchen cupboards, quartz countertops and exposed ceilings, setting the development apart from anything else on offer in the area. The complex includes a gym, swimming pool and braai area and 24-hour manned security. The ideal investment opportunity, and selling off-plan, the one-bedroom unit is priced at R1 248 450 (no transfer duty payable) through Pam Golding Properties uMhlanga office. Favourable rental returns are anticipated.
Residential property has always been perceived as a relatively stable and safe investment class, having proved its ongoing resilience over decades through changing market cycles, including the Covid-19 pandemic and ensuing lockdowns, and the severe global rece