Real Estate Investor Magazine South Africa May 2014 | Page 23

REI Residential

As value for money, coupled with convenience and accessibility of location become an increasing priority
for home buyers across all sectors of the market, the strategically positioned and well-priced East Rand is
proving more and more popular among such purchasers. There are a number of reasons why the East Rand
is experiencing an increasing demand for homes, both to buy and to rent. With the e-tolls having come into
effect, it is believed that usage of the Gautrain will increase exponentially as it has effectively shortened the
commercial gateway between the East Rand suburbs of Benoni, Kempton Park, Boksburg and Brakpan and
the major hubs of Sandton, Rosebank, Midand and Pretoria.

Valuable Input

Louw Liebenberg
CEO
Payprop

Sibusiso Luthuli
CEO
Eskom Pensioner’s Fund

With the growing shortage of
rental properties across South
Africa, tenants are under
mounting pressure to produce
large upfront deposits and
maintain high monthly rental
payments.

www.reimag.co.za

Lew Geffen
Chairman
Sotheby’s

The Eskom Pension and
Provident Fund has committed
R100 million through the
International Housing
Solutions to develop about 20
000 new affordable homes. We
are convinced the investment
will make a substantial impact
on the lives of hundreds of
thousands of pensioners.

The upcoming elections along
with the prospect of further
mining strikes and rising
inflation are likely to continue
to negatively affect the value
of the Rand, but in property
terms, largely to the benefit of
South Africa’s luxury sector.

REALE ESTATE BUSINESS DIRECTORY

May 2014 SA Real Estate Investor

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