City’s Economic Growth draft budget to power investment and jobs
The City of Cape Town has tabled an R875,4 million draft budget for the Economic Growth Directorate for the 2025/26 financial year. This funding...
Transfer of City-owned properties to Atlantis SEZ lands milestone
Cape Town’s economic landscape has reached an exciting milestone with the official registration of the transfer of City-owned properties to the Atlantis Special Economic...
Private sector participation in commercial property sector to soar
South Africa’s National Treasury has taken a significant step to streamline public-private partnerships (PPPs) by easing the approval process for projects under R2 billion....
Over 2 000 signatures in 3 days to save King David Mowbray Golf Course
By Mike Flax, Chairperson of the King David Mowbray Golf Club (KDM)
A groundswell of community opposition against the proposed mixed-use development of the King...
Cape Town’s zoning law amendment: WCPDF backs changes but flags concerns
By Larry Claasen
THE Western Cape Property Development Forum (WCPDF) supports the City of Cape Town’s proposed amendments to the Municipal Planning By-law (MPBL) but...
Serious consequences for breaching sole mandate agreements
The South African Institute of Auctioneers (SAIA) is sounding the alarm for property practitioners to respect the contractual obligations of sole mandates as ignoring...
Western Cape Government announces plans for portion of Tafelberg site
Provincial Ministers Tertuis Simmers and Jaco Londt announced the Western Cape Government’s (WCG) proposal for the redevelopment of a portion of 353 Main Road...
Interest rate cut marks new era for South African property market and personal finance
According to many professionals in the property sector, the start of 2025 has indicated a strong improvement in the appetite for property ownership in...
Somerset Mall embarks on a multimillion-rand expansion project
Major retail destination set to launch a new era of retail and leisure by November 2025 and July 2026
Somerset Mall, the dominant shopping destination...
Mixed-use development planned for part of Athlone Stadium’s parking area
In the new year, the City’s Economic Growth Directorate will be calling on the public to have their say on the proposal to make...
Property Development Sector News
Property development news on Cape Business News (CBN) highlights trends in construction, urban planning, and real estate investment shaping South Africa’s property sector. CBN provides updates on regulatory changes, sustainable building practices, and market dynamics that influence property development. This sector’s news is essential for developers, investors, and contractors aiming to stay informed on project opportunities, compliance, and economic trends.
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Behind every budget line, every policy, and every project there are real people, real challenges, and a shared future we are shaping. In a...