Real Estate Investor Magazine November/December 2023 Edition | Page 89

INVESTING

PROPERTY HOT SPOTS Western Cape domina to invest in property , h

By Neale Petersen
The South African residential property market boasts a collective stock value exceeding R6.8 trillion ( August 2023 ), with Freehold dominating at 81 %, Sectional Title at 12 %, and Lifestyle Estates at 7 %. However , the past four years have presented challenges to property owners due to the pandemic , high interest rates , inflation , and economic downturn , affecting new buyers and landlords .
43 DEC 2023 / JAN 2024 Real Estate Investor Magazine