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...
Inospace acquires iconic Telkom building on Cape Town’s Foreshore
INOSPACE has acquired the historic Telkom building at 15 Lower Long Street, Cape Town, strategically expanding in a strategic move to expand its urban...
South Africa’s resilient REITs on the rise
Despite several tumultuous years, South Africa’s Real Estate Investment Trusts (REITs) have regained their strength, rebounding to four-year highs.
Listed property companies have been some...
Exciting milestone achieved by Concor at Conradie Park development
CONCOR’s landmark R5-billion Conradie Park development has successfully completed over 1 000 new homes, an exciting milestone in this ambitious project set to deliver...
Considering buying a home? Here’s how to avoid defaulting in a high interest rate...
With interest rates holding steady at 11.75%, it’s not unexpected that consumer credit reporting company Experian reveals that more people are struggling to repay their loans...
The time is now for Private Sector suppliers to step up to economic growth
By Deon van Zyl, chairperson of Western Cape Property Development Forum (WCPDF)
SOUTH Africa’s Reserve Bank Governor, Lesetja Kganyago, recently voiced his opinion on whether...
Property sector booms in Cape Town
Increased demand for commercial and residential CBD property in 2023
The Cape Town CBD turned a corner in 2023, rebounding from the persistent economic pressure...
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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FUCHS LUBRICANTS SOUTH AFRICA Introduces Enhanced Distribution Strategy in the Western...
FUCHS LUBRICANTS SOUTH AFRICA is excited to announce a significant transformation in its distribution strategy within the Western Cape. This strategic shift marks a...