The low interest rate environment and slow growth in property prices make it a good time to buy from a value and affordability point of view.
Homeowners in Cape Town must check their new municipal property valuations carefully to ensure they won’t be charged excessive property rates going forward. The new valuations are being finalised in January and will be sent out in February. Objections to the given valuations can be made, but there is only a short time to do so.
With many buyers preferring the southern suburbs over other areas, Plumstead has come on the map as an attractive, affordable option, offering great value for money.
One is reminded of the late great David Frost’s remark: “With our backs to the wall we can only go forward”, when reading Seeff’s latest press release titled: “Best Property Buyers’ market in decades.”
By 2000 the last psychological blow fell. One could argue that most businesses that were going to leave inner city Joburg had done so by the mid 1990s.
SA is getting back to work, but for the residential property market, the World Cup payoff is still to come.

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