What Is the Current Interest Rate on a Home Loan in South Africa?
In July 2022, the prime interest rate was raised to
9%, which is an increase of 0.75% from the previous 8.25%. The prime interest
rate has slowly been increasing since the 19th...
How inflation affects the value of your property investment.
Over the past three months, the SA ReserveBank (SARB) has been monitoring the increasing inflationary environment. This
resulted in the bank taking a decision to increase interest...
Private sector investment is set to lead the property transformation in Soweto, with its 2800 apartment estate.
Orlando Towers Estates is a one-of-a-kind lifestyle estate, next to the famed Orlando Towers, with starting prices at just R670,575. Launching on the 25th of June 2022, Orlando...
Buying into a new residential development vs an established home
Only 35% of SA’s
population live in formal housing structures; the remaining 65% live in
informal dwellings and structures. For the vast majority of South Africans,
their...
Why is your credit score as important as your ID number?
For all SA citizens and permanent residents, your
ID number ensures you can be uniquely identified in the system. This makes it
easy to access public services such as opening...
The sector that is leading the supply for new
homes, both for primary residential use and investment use, is the sectional
title segment of the residential market. Estate living...
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