Pam Golding Properties Group Newsletter
PGP logoDate: January 2012

Andrew Golding
Dr Andrew Golding
Chief Executive
Pam Golding Property Group

South African residential property market healthy

The South African residential property market is at last showing signs of a healthy recovery, having slowly but steadily recuperated from the recession of 2008. Increasing sales volumes, rising values and growing demand all underline the recovery to more normal trading conditions.

This promising situation signposts just how dynamic  the residential property sector is  - constantly on the move, with buyers and sellers entering into transactions for a wide variety of reasons; relocation for work or lifestyle, first-time ownership, downscaling or upscaling, acquiring a sound investment, or simply putting down roots.

Factors illustrating the market recovery include a resurgence of investors, partly due to high demand for rental accommodation; sustained growth in middle income sales, particularly among the emerging black middle class; a desire for homes in locations which offer better security and access to work and schools; the re-emergence of the new developments market, mainly in major centres and growth nodes, coupled with demand for sectional title homes, the continued strong performance of the top end of the market and the re-emergence of the Uber prime sales market to both local and international buyers. 

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In This Issue


Residential Property

Sustained demand for city living in Cape Town - Pam Golding Properties reports

International Property

Mauritius 2013 and 2014 in a snap shot - an encouraging year in 2013 and a good start to 2014

Hospitality Property

Strong interest in guesthouse and boutique hotel market - from investors in the hospitality market

Agricultural Property

Sir Lowry’s Pass offers sought-after country homes - with rich cultural heritage

Developments

New development launched - in popular tourism town of Swakopmund, Namibia

Prestige Collection

Prestige Collection - These are the Top listings from across our portfolio across Southern Africa

News

Personal Information Act - impact on real estate agencies


 
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