TUHF
TUHF ’ s National Footprint Even though the COVID-19 pandemic has had an impact on the property market across South Africa , there are still significant investment opportunities to be had , especially in the residential sector . We unpack the investment areas , nodes , type of units and trends in different provinces which ticks the boxes to qualify for investment finance from TUHF .
Many investors hold themselves back to invest in property in South Africa for a number of reasons . First , we unpack the 4 main reasons as per Lesedi Kgaka ’ s research survey , a student of Professor Francois Viruly of UCT , Economics department in his dissertation identifies what ’ s holding back property entrepreneurs from investing :
1 . Property Knowledge
• Dealing with apartheid land policies
• Access to little intergenerational knowledge passed down
• Availability of effective property investment programmes
2 . Experience and Mentorship
• Opportunity to working with experienced teams
• Sourcing contacts with players in the sector
• Being part of a network
3 . Land and Property Availability
• Release of land for development
• Time delays and procurement environment
• Procurement systems
4 . Municipalities and Rising Costs
• Zoning and time delays
• Billing systems
• Interaction with authorities
This is where TUHF steps in and offers investor education and support in all of these areas such as the TUHF Programme for Property Entrepreneurship ( TPPE ). We now start looking at the various areas and hotspots that investors should consider .
Investment Hot Spots
• Pretoria / Tshwane – Silverton , Sunnyside , Capital Park , Arcadia , Gezina
• Eastern Cape – Central , Korsten , North End , Richmond Hill , East London Central
• Durban / eThekwini - Albert Park , Durban Central , Pietermaritzburg Central , Warrick Avenue
• Western Cape – Salt River , Observatory , Voortrekker Road Corridor , Woodstock , Bellville , Stellenbosch , Worcester
• Bloemfontein – Navalsig , Hamilton , Bloemfontein Central
• Johannesburg – JHB CBD , Hillbrow , Yeoville , Berea , Arcadia , Springs CBD , Kempton Park CBD
Pretoria Residential Investment Opportunities Pretoria has emerged as an attractive destination with several areas showing great potential for growth , says Keabetswe Nkotswe , TUHF portfolio manager .
SA Real Estate Investor Magazine FEB 2022 11