While the ‘green revolution’ in residential property, unlike in the commercial sector, is still in its infancy, rapid strides in technology and increasing awareness of the potential cost savings and reduced environmental impact are making good sense to more and more home owners – and home buyers, says Pam Golding Properties.
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.
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.
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