MortgageMax Digest I 13 December 2024

Dear Business Partners,

Welcome to your weekly roundup of newsworthy articles. Please share with your clients and developers so that they’re kept up to date with what’s happening in the market.

Your suggestions and comments are always welcome – we’d love to hear from you.

Enjoy!

The MortgageMax Team
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Positive turn for South Africa’s economy

South Africa’s business confidence soared to the highest level in nine years last month, suggesting a significant improvement in the economic outlook as businesses take encouragement from the country’s new governing alliance.

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Can 2025 be the year SA fixes its affordable housing crisis? These experts hope so

Despite years of democracy, spatial inequalities and systemic barriers remain largely unaddressed in the country. Yet, there is hope.

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01

Cape Town coming for Joburg’s crown

South Africa’s commercial real estate sector is under immense pressure, but Cape Town is bouncing back more strongly than its peers as its vacancy rates decline steeply and office rentals increase.

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02

Rise in property sales despite national decline

Coastal towns in the Western Cape, along with smaller towns along the Eastern Cape and KwaZulu-Natal coastline, have bucked the national sales volumes and price trend, according to Lightstone.

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03

President Ramaphosa signs into law easier and uniform deeds registration processes

President Cyril Ramaphosa has assented to the Deeds Registries Amendment Bill, which seeks to enhance deeds registration processes and procedures and will create uniformity in the deeds registry practice and procedures.


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04

Growthpoint looks to the Western Cape and Umhlanga as Gauteng fails to inspire

SA’s largest landlord, Growthpoint Properties is expanding primarily in the Western Cape followed by Umhlanga in KwaZulu-Natal, as opportunities look the most attractive in these regions compared to other metropolitan areas in the country.

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05

Exclusive: The V&A Waterfront’s bold plan for Granger Bay

The Victoria & Alfred Waterfront has begun detailing its ambitious plan to reclaim additional land to develop the Granger Bay precinct.


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06

Withholding water revenue is comparable to a security risk

Anthony Turton writes that the insolvency of the water boards poses a threat to the viability of the economy, making it a national security issue.

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Upcoming Events

Western Cape Property Developer Forum 12th Annual Conference

The 2025 Conference will be held at the CTICC in Cape Town, on Wednesday 4 and Thursday 5 June.

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The Reside Conference Sandton

The 3rd Annual Residential Investment & Development Summit is SA’s opportunity to bring together the entire residential value chain to share knowledge, collaborate and do business.

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