iAfrica :: Property : News

'Property law is illegal'

2011-07-26 11:03:54

The proposed Municipal Property Rates Amendment Bill is unconstitutional, the Democratic Alliance and lobby group AfriForum said on Monday...

Penthouse sells for R50m

2011-07-28 07:19:00

A penthouse in Cape Town's Mouille Point has been sold to a local businessman for a record R50-million, the highest price ever achieved for a penthouse in this area.

Home prices still falling

2011-07-26 11:04:21

Real home prices - taking inflation into account - fell by 3.6 percent year-on-year in June, according to statistics released on Monday by bond originator ooba.

Hike to destroy housing

2011-07-26 11:03:27

Will the MPC hike interest rates when they meet tomorrow? Hopefully not, says Samuel Seeff, as that will destroy confidence in an already shaky housing market...

A ticking time bomb

2011-07-27 08:04:35

More than 40 percent of Cape Town's population lives in inadequate housing. How do we defuse the ticking time bomb that threatens the most beautiful city in the world?

Housing backlog hits 1.2m

2011-07-26 11:02:09

South Africa has 12.5 million people who need shelter due to the huge housing backlog, Human Settlements Minister Tokyo Sexwale said on Thursday.

Strikes to slow recovery

Joshua Howat Berger — 2011-07-26 11:01:42

In what has become an annual ritual, thousands of striking workers have taken to the streets in SA, adding to fears that the economy's tepid recovery could slow even more.

R7.8m for Machanik home

2011-07-26 11:01:17

Fraud accused property doyenne Wendy Machanik's luxurious home in Sandton was sold at auction on Friday for R7.8-million to "a Johannesburg businessman"...

R2bn KZN project 'stinks'

2011-07-26 11:00:48

A single project that cost more than two thirds of KwaZulu-Natal's entire housing budget needs to be queried as tender processes were not followed, the DA said.

Machanik home on auction

2011-07-26 11:00:21

Fraud accused property doyenne Wendy Machanik's ultra luxurious home in Sandton, Johannesburg, is to go under the hammer on Friday...