Real Estate Investor December 2022/January 2023 | Page 58

The lock-up-and-go lifestyle offered by sectional title living may soon supersede the demand for full title ( or freehold ) homes in South Africa . According to Lightstone Property ’ s recent statistics , the volume of transfer of freehold homes has declined since 2018 , meaning that the days of high demand for sprawling lawns and white picket fences may soon be numbered .
SECTIONAL TITLE INVESTING

The Rise of Sectional Title

Homes in South Africa

By Grant Smee

The lock-up-and-go lifestyle offered by sectional title living may soon supersede the demand for full title ( or freehold ) homes in South Africa . According to Lightstone Property ’ s recent statistics , the volume of transfer of freehold homes has declined since 2018 , meaning that the days of high demand for sprawling lawns and white picket fences may soon be numbered .

58 DECEMBER 2022 / JANUARY 2023 SA Real Estate Investor Magazine