Covid-19 has had a huge effect on all aspects of South African lifestyles, not least of which is the effect it has had on our perception of our homes. Never before have we had to spend so much time in our own living spaces, or had to perform so many different tasks in the same place. For many of us, this has meant discovering the limitations of our current properties, triggering a search for a more suitable home in which to enjoy our new normal. Luckily, there has never been a better time to … [Read more...] about 3 Things to do when hitting the property market
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Shifting Commercial Property Trends
Covid-19 has had an unprecedented effect on business in South Africa, with significant knock-on implications for commercial property. According to Craig Mott, Cape Town Regional Sales Manager for the Rawson Property Group, understanding these implications – and how to accommodate the resulting trends – is essential for investors looking to safeguard the performance of their commercial portfolios. “Office space has probably seen the most obvious shifts post-lockdown,” says Mott. “A lot of … [Read more...] about Shifting Commercial Property Trends
How interest rates work and why they may not go up any time soon
Anyone keeping an eye on South Africa’s financial situation will be well aware of the recent spate of interest rate cuts implemented by the South African Reserve Bank (SARB). These have taken the prime lending rate from 9.75% in January to an eyebrow-raising low of 7% as of late July. Substantial drops like these are so rare as to be nearly unprecedented in our country and offer extraordinary opportunities for investors, particularly in sectors like property. However, according to Schalk van … [Read more...] about How interest rates work and why they may not go up any time soon
Property Market Being Driven by Record Sales
The middle of a pandemic may not feel like a natural time for a property uptick, but real estate agents around the country are reporting record sales since lockdown restrictions were lifted. According to Tony Clarke, MD of the Rawson Property Group, the surge in activity is due to a series of events contributing to nearly irresistible, once-in-a-lifetime investment conditions. “Having entered lockdown at the tail end of a long market contraction, property prices were already offering … [Read more...] about Property Market Being Driven by Record Sales
In the Market for a Home Office?
You could purchase a mobile stand alone turn key office for around R150K as in the video below OR take Craig Mott, Cape Town Regional Sales Manager for the Rawson Property Group's advice. https://youtu.be/F99CsRcbh-w Running a business from home suddenly seems like a very modern and appealing option. The traditional office space is fast becoming passé, with entrepreneurs the world over embracing remote work and distributed workforces especially during the COVID-19 pandemic. According to … [Read more...] about In the Market for a Home Office?
Property rebounds with record-breaking activity post lockdown
The South African property market went from a multi-year market contraction straight into the chaos wreaked by the coronavirus pandemic. While experts were cautiously optimistic for a market recovery post-lockdown, the economic crisis, unprecedented unemployment levels and reduced consumer spending promised a long and slow return to healthy growth. However, recent statistics recorded by the Rawson Property Group suggest the light at the end of the tunnel may be closer than anyone … [Read more...] about Property rebounds with record-breaking activity post lockdown
Factors to consider when investing in today’s commercial property
Covid-19 has wreaked havoc on most markets and commercial property is no exception. Both landlords and tenants have come under pressure from lockdown fallout and the struggling economy, and many commercial investors are questioning the viability of their portfolios as a result. According to commercial property expert and broker for Rawson Properties Somerset West, Louis van Rooyen, however, there are still great opportunities for investors who understand the interplay of factors influencing … [Read more...] about Factors to consider when investing in today’s commercial property
Relief options for homeowners under pressure
With interest rates at record lows, South African homeowners have been given some relief on their bond repayments. However, many are still struggling to meet their monthly obligations thanks to the embattled economy, widespread pay cuts and ever-increasing unemployment. National Admin Hub Manager for Rawson Finance, Leonard Kondowe, offers some advice on alternative options to get homeowners through a difficult time and advises them to consult with their lenders. “The most important thing … [Read more...] about Relief options for homeowners under pressure
Economic revival takes centre stage
Finance Minister Tito Mboweni’s supplementary budget speech on Wednesday was met with trepidation by many South Africans. The combined effects of the coronavirus pandemic and global economic downturn are expected to see our economy contract by 7.2% in 2020 and gross national debt rise to a predicted 81.8% of GDP by the end of this fiscal year. While the picture painted by the Finance Minister is undeniably bleak – and a little light on actionable detail – Tony Clarke, MD of the Rawson … [Read more...] about Economic revival takes centre stage
Real estate’s new world order
Millions of property owners around the globe are currently locked down in their homes, wondering what effect this pandemic will have on their most valuable assets. According to Schalk van der Merwe, franchisee for the Rawson Helderberg Group, the precise effect on the property market is currently impossible to predict – the situation changes day by day and hour by hour. One thing he can say for certain, however, is that things are definitely not just standing still. Van der Merwe says the … [Read more...] about Real estate’s new world order
SA Property Prospects As We Look Beyond Covid-19 Lockdowns
Deep Recession, “Recovery”, Remote Work And Online Retail…. Lots To Think About In A Rapidly Changing World…. Or Is It Changing? 11 June 2020: “The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new trends and more through speeding up old trends,” said John Loos, FNB Economist at an FNB Commercial Property Finance (CPF) webinar earlier today. “South Africa already had a recession and a mildly correcting property market prior to 2020. COVID-19 merely made this … [Read more...] about SA Property Prospects As We Look Beyond Covid-19 Lockdowns
Real Estate receives go-ahead for Level 3
Breaking news has just confirmed that the real estate industry will be resuming operations under Level 3 lockdown on 1 June. The announcement has been met with widespread relief and excitement from industry professionals, as well as buyers, sellers, landlords and tenants who have been left in limbo since 27 March. According to Tony Clarke, MD of the Rawson Property Group, permission to operate under Level 3 is the result of extended lobbying by the industry. The Rawson Property Group’s … [Read more...] about Real Estate receives go-ahead for Level 3
Emerging trends to look out for as rental market responds to Covid-19
Like most real estate sectors, the rental market has been deeply affected by Covid-19 and landlords around the country have had to adapt quickly in order to make the most of a difficult situation. According to Jacqui Savage, National Rentals Manager for the Rawson Property Group, these are the four biggest trends hitting the market since lockdown began. 1. Negotiated payment plans With countless citizens facing reduced salaries or job losses thanks to lockdown, it’s no surprise that … [Read more...] about Emerging trends to look out for as rental market responds to Covid-19
First time buyer?
Here’s how to make the most of today’s market South Africa is currently firmly in a buyers’ market, with an abundance of properties on offer at extraordinary value. Combined with the recently slashed prime lending rate (now a rock-bottom 8.75%) and lower transfer duty threshold (R1 million), there has seldom been a better time for first-time buyers to get a foot in the market. Craig Mott, Cape Town Regional Sales Manager for the Rawson Property Group, shares his tips on making the most of … [Read more...] about First time buyer?
Four Commercial property trends to tap into this year
Most experts are predicting a challenging year for commercial property in 2020, with key economic indicators suggesting a continuation of 2019’s market stagnation. However, Craig Mott, Regional Sales Manager for the Rawson Property Group says the outlook may not be as dire as many fear, with some attractive opportunities for investors who know where to look. Here are his insights into trends to look out for, and how to capitalise on them in the coming year. Strengthening … [Read more...] about Four Commercial property trends to tap into this year










