Market Insights

With the year rushing to its end, we feel it's important to stop and evaluate the current property market and make informed decisions based on statistics and trends monitored over time, as opposed to an impulsive or rushed decision that could leave you underwhelmed.  

Invest in Sectional Title Units & Off-plan Cluster units:  

With a growing population and a high concentration of people looking to minimise their transport costs, I have noticed a growth in demand for the convenience of safe and secure sectional title units. In fact, up to 15% of the value across all residential properties in South Africa comprise apartment complexes and similar type of dwellings. 

Choose the right suburb of area:

This year has seen a tremendous surge in demand for developments in upmarket suburbs such as Morningside, Sandton City and Bryanston.

The off-plan style of cluster homes is very appealing and the customised designs that are possible has attracted more affluent buyers into the market. 

A trend that is set to continue:

Due to the financial considerations and general lifestyle changes many people are facing, I feel that within major urban hubs, the demand for apartments is set to continue growing.  Local developers are certainly focused on providing multi-level complex buildings to accommodate for the influx of young working individuals making their way into cities. 

Whether you are looking for an investment property or buy to live home, nowadays you can customise your own home with the most developments offering high-quality finishes in upmarket areas. Trust a reputable real estate company to guide you when making these decisions, they have the experience and expert knowledge about pricing and areas that could grow your property portfolio.  Regan Harris, Hamiltons Property Portfolio.