Goverment’s proposal for 20% of new residential property developments to be set aside for low-cost housing has raised a number of questions and challenges for developers.
Valuers not consulted
The strong growth in property values has been a mixed blessing for SA's listed property sector, which is struggling to purchase fixed properties, as there seem to be so few sellers.
A public-private partnership between Absa and Government saw the launch today of a R400 million housing development project at Olievenhoutbosch.
The listed property sector and the property industry as a whole have experienced a major boom over the past few years, with analysts expecting another solid year from this asset class.
...and is ready for 2006
eThekwini Municipality gets loan boost from Nedbank
SOARING building costs will probably prevent an oversupply of new office developments, and in turn create a positive office rental market in the short to medium term.

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