EDITORS LETTER
YOUR HOME
OWNING JOURNEY
STARTS HERE
W
elcome to the sixth annual edition of
our Residential Handbook. Whether
you are a first time buyer or a
seasoned property investor, this guide will serve
as your residential roadmap, showing you the
best possible way to navigate the home owning
process. We hope to bring you the best and most
up to date information to make your journey
into the world of property investing as easy and
simple as possible.
A common trend in the local real estate
market is that South Africans are starting to
accept densification and smaller living spaces,
both through choice and necessity. With an everincreasing middle class, looking to both rent and
own property, the demand has begun to steadily
increase, resulting in smaller living spaces with
more and more people looking to purchase their
‘dream home’.
Sectional title properties have become
increasingly popular, where investors are able
to buy into a sectional title complex, with an
undivided share of the common property (the
units). Property investment has become an
effective tool for long-term wealth management.
Property prices throughout the central cities
are skyrocketing, with more and more South
Africans embracing the ‘live, work, play’ lifestyle.
It’s always easy to succeed in the good times, but
a lot harder to do in the tough times. Despite the
challenges that lie ahead, investors who diligently
apply themselves, with the help of the knowledge
found in this handbook, should find themselves
reaping the rewards of intelligent property
investment.
Our defining goal is to pass on wealth of
expertise from experienced individuals and
investment groups, to help you in making the
wisest investment choices.
Enjoy the read
Drew Hook
Editor
Endless invention, endless experiment,
Brings knowledge of motion, but not of stillness.
www.reimag.co.za
T.S. Eliot
Residential Handbook 2015
5