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...
Step closer to revitalising Good Hope Centre’s future
As a key step to revitalising the Good Hope Centre site, Council have approved the start of the public participation process to release this...
Record-high house prices on the cards
The residential property market is showing strong signs of recovery, with house price inflation surpassing pre-pandemic levels. “Homes are now on average 39% more...
Western Cape Government launches Sports Precinct at Conradie Park
On 28 November 2024, Western Cape Premier, Alan Winde, and Provincial Minister of Infrastructure, Tertuis Simmers, launched a new sports precinct at the Conradie...
Cape Town CBD remains a good place for business
Retail, BPO, and financial sectors see surge in new businesses opening doors in 2023
November marks National Entrepreneurship Month across the world, including in South...
Buy now, rent out and benefit later
With interest rates starting to drop, now may be the ideal time to consider a buy-to-let investment, says Bradd Bendall, BetterBond’s National Head of...
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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Roadshow aims to support energy and water resilience for Western Cape...
Open call to Western Cape businesses to register for green economy support help desk in their district
IN achieving energy and water security and climate...