Residential Properties

A recent Supreme Court of Appeal (SCA) judgment makes it clear that South Africans living in areas with Home Ownership Associations (HOAs) are required by law to pay for levies. The SCA case, Waterford Estate Homeowners Association NPC v Riverside Lodge Body Corporate and Others, is a landmark ruling, according to Johlene Wasserman from VDM Incorporated. In the case, an HOA’s application was...

11 suburbs where South Africa’s young middle class want to live – and what they’re paying More of South Africa’s young middle class are choosing to buy instead of rent, and Gauteng remains a hotspot due to affordability and economic opportunity. While affordability remains a major constraint, Gauteng continues to be the most attractive region for younger buyers due to its lower prices and...