Real Estate Investor Magazine September 2024 Edition | Page 54
By Renier Kriek
In South Africa , sectional title properties have overtaken freehold properties in sales volume , now constituting 54 % of all property transactions in the fourth quarter of 2023 , up from 44 % in 2013 .
This shift represents the first time in two decades that sectional title price growth has outpaced that of freehold properties .
Finance
Why Sectional Title out freehold properties :
– Multiple benefitslifestyle chan
By Renier Kriek
In South Africa , sectional title properties have overtaken freehold properties in sales volume , now constituting 54 % of all property transactions in the fourth quarter of 2023 , up from 44 % in 2013 .
This shift represents the first time in two decades that sectional title price growth has outpaced that of freehold properties .