The auctioneering industry is showing that demand for coastal properties is on the rise as more and more homes along the South African coastline are being sold via the auction mechanism

Auction Alliance will take a fully tenanted, in Florida, Johannesburg to the auction floor on October 20

Auction Alliance will be taking two properties on Main Road, Mellville - well known for street cafes, cigar lounges and restaurants and good commercial property exposure - to the auction floor on August 18.

An office building in Witbank is among the properties to be offered at Auction Alliance’s commercial sale on August 18, while a mansion in Riverclub, Johannesburg features in the group’s platinum residential auction.

Some serious disappointment may be detected in the reaction of estate agent Pam Golding's chief executive, Andrew Golding to the Monetary Policy Committee decision to keep the repo rate on hold.

A wilderness hotel and two guesthouses in Hermanus were among the lots that were on offer at the Savile Row auction at Summer Place on Wednesday, in a market that is still showing a strong appetite for quality commercial, industrial and residential properties.

The latest property show day attendance figures reveal that during the World Cup the activity in the residential property market in Johannesburg remained buoyant throughout June.

Several investment properties will come under the gavel at Aucor’s next multi-property auction including osme small offices and shopping centre.

De Beers Consolidated Mines Limited invite expressions of interest from experienced, qualified and reputable service providers, or consortiums.

The residential property market in South Africa is still coming to terms with the fallout from the economic crisis, said Auction Alliance CEO Rael Levitt on Monday.