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Category Archives: Real Estate

South Africa Real Estate Market Mortgage Rebound

SA Property market rebound Sees Home Loan applications...

There are early signs that the property market is rebounding sooner than expected, as the pent-up demand wave ends and the appetite for home loans grow. Property is certainly more accessible following five successive repo rate cuts since January. With the drop in the prime lending rate from 10% to its current historic low of 7%, many South Africans are finding a footing on the property …

Real estate market Africa COVID

Planning is more important than prediction for Africa’...

An understandable response to the economic fallout of Covid-19 is for governments, industries and businesses trying to predict the path that the global economy will take in the coming months and years. However, given that this is a challenging exercise at best, it’s probably a better investment of valuable time and effort to ponder the many lessons – some very hard to swallow – …

Real Estate Aug 05, 2020 0 Continue Reading
Rent vs Buy SA

South Africa: Low 7% interest rate and downscaling tre...

The exceptionally low interest rates, are opening up the residential property market to buyers who previously did not qualify for bonds. Following the latest interest rate cut, purchasing real estate has never been more enticing. At the current prime lending rate of just 7%, homeowners can end up spending less on their monthly bond installments than they would in rent. Downscale due to pressure Applicant …

Lagos Housing

Nigeria: How to make 300,000-unit housing scheme succe...

Following the National Economic Council (NEC) approval of the construction of 300,000 mass housing units in all the states of the federation and the Federal Capital Territory (FCT), major players in the built environment have submitted proposal on how to make the scheme successful. The scheme is part of the Nigeria Economic Sustainability Plan by the Vice President Yemi Osinbajo-led Economic Sustainability Committee, estimated …

Most-Liveable-Cities-scaled

Pandemic disruptions an opportunity for Africa to reim...

The need for social distancing and better sanitation could leapfrog African city development into a more sustainable future. This is according to Duncan Bonnett, Director Market Access & Research at Africa House, and research partner of exhibition organiser Messe Muenchen South Africa, who says that while Africa’s architects and planners have long been pushing for greener, smarter better designed urban spaces, the Covid-19 pandemic …

Real Estate Jul 02, 2020 0 Continue Reading
Nigeria taxation

How Multiple Taxation Stifles the Nigerian Real Estate...

Stakeholders in the real estate sector said the threat posed by multiple taxations to property development, consultancy and administration is huge and required urgent action because it is stifling investment in the sector. The scope, they said is large and suffocating industry players. While in many cases, people are made to cough out huge sums on taxes, they’re not supposed to pay. Some of …

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