MortgageMax Digest I 22 November 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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Airbnb defends impact on CPT housing market

As cities around the world grapple with the impact of short-term tourism letting, Airbnb has defended its impact on housing availability and affordability in Cape Town with a new data report that quantifies its impact on the local market.

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Distressing trend emerging for homeowners in South Africa

Almost a quarter of South Africans who sold their homes do so due to financial pressure, while those in SA’s mortgage debtors’ books in arrears are also at record highs.

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01

The little seaside town fast becoming a new semigration hotspot in South Africa

The greater Blouberg, a seaside region just north of Cape Town, is fast emerging as one of South Africa’s premier semigration hotspots.

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02

Walks of life — stroll through Joburg reveals many sides of a renewed inner-city

Take a stroll one Sunday afternoon from Maboneng to the high court side of town and embark on a fascinating journey through Johannesburg.


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03

Damning open letter to conveyancers about bribery

In a second open letter, The Legal Practice Council, The Law Society of South Africa, the PPRA, banks, and De Rebus magazine, director of Jan L Jordaan Attorneys, Jan Jordaan, has red flagged bribery in the conveyancing sector.


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04

Good Hope Centre’s redevelopment on the cards

The City of Cape Town plans to redevelop the Good Hope Centre by retaining the iconic dome while optimising the surrounding space for mixed-use potential. The proposed development aims to balance heritage preservation with a modern precinct.

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05

Growthpoint-backed student accommodation venture invests R800m in UKZN development

Growthpoint-backed Thrive Student Living is investing R800 million in its largest student accommodation development yet. Construction on the new 2400-bed purpose-built facility is now underway.

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06

Seeing the Green Connections: Why Partnerships Within a Green Certified Building Matter

In January this year, Guy Grainger, Head of Sustainability Services and ESG within Real Estate advisor JLL, predicted that 2024 would be a tipping point year for green property and construction.

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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

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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