Pretoria - The SA Property Owners' Association (Sapoa) has proposed a short- and long-term solution for the housing department to the recent appeal court decision that gave tenants who failed to pay rent and buyers who defaulted on their bond payments the same protection against eviction as illegal squatters.
Building activity in the residential sector had remained buoyant, but the nonresidential sector was struggling.
Supply is outstripping demand by an average of 60% and the situation will persist with lax planning, says researcher Property Editor OLD Mutual Properties MD Ian Watt has criticised property services company Rode for what he says is an over-optimist...
Private-public partnerships key to state strategy
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The following is a short synopsis of some of the trends and factors influencing the property market in the CBDs of Gauteng and its decentralised suburbs. This summary should shed some light on the reasons for the rate of office vacancy.
Panellists generally agree that the recent spate of speculative development has come to a close as evidence of some buildings that have long been completed it becomes increasingly apparent that the market is oversupplied.
Advocates of the Johannesburg CBD revival insist there is something wrong with the SA Property Owners' Association (Sapoa)'s latest quarterly survey.
Finding the right premises is an important consideration when setting up a small business.

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