By historical standards, housing in South Africa remains affordable and also compares favourably to affordability in other global housing markets. However, slower growth in local household income has seen a gradual deterioration in affordability since late-2013, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The UK has long been regarded as an attractive and stable destination for property investment – both commercial and residential.

Accelerated urbanisation in Africa focuses attention on property demand and development.

Investment in major new developments reaffirms relevance of Cape Town's city centre.

Established in 1883, Mthatha, the capital of the former Transkei, is a hive of bustling activity and recognised as the leading city of the area.

The new 'Pam Golding on Main' P-Grade office and retail building in a busy commercial node in Kenilworth, Cape Town is growing impressively out of the ground at a considerable rate.

Following two years of strong double digit growth, the national 2014 year to date average RevPAR growth as at the end of September 2014 is 8.3% compared to the same period last year.

Resurgence in developments market in Cape Town, reports Pam Golding Properties.

Pam Golding Properties markets new development in Wimbledon.

Encouragingly, the residential property market is currently in an upward cycle and we are seeing a strong resurgence of investors entering the market, says Carol Reynolds, Pam Golding Properties area principal in Durban, Durban North and La Lucia.