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How the SPLUMA Act will affect sellers

20 Feb 2020

According to new legislation, all municipalities will have to be compliant with the SPLUMA (Spatial Planning and Land Use Management) Act by October 2020. But what exactly does this mean and how will it impact sellers? From October 2020 going forward, the National Deeds Office will now require ...

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Buyers, tenants maintain upper hand in Kenyan property market

18 Feb 2020

According to Knight Frank's Kenya Market Update for the second half of 2019, prime retail rents decreased by 4.2% to $4.6 per square foot per month in the period, pushing the cumulative decline to 9.8% in 2019. Prime retail rents - charged for line shops in the malls - had hitherto stagnated at...

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Do's and don't s when bidding for property on auction online

17 Feb 2020

Buying and selling property via online auctions is becoming far more commonplace. It's a very convenient, effective and transparent process. For the uninitiated, here are some useful tips for sellers and buyers of both residential and commercial property. Five tips for sellers 1. Listen t...

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2020 a potential 'make or break' year for SA's residential property sector

14 Feb 2020

This year's Budget Speech has been described as the most important in the past 20 years, and finance minister Tito Mboweni is expected to have to make some tough calls to raise revenue and cut public sector expenditure. However, prospects for the real estate sector in 2020 are currently positive, sa...

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