Property News Sectional Title

The impact of POPI on sectional title communities

With the Protection of Personal Information Act (POPI Act) now in effect, it has significant implications for owners, tenants and executives in community housing schemes like sectional title complexes, apartment blocks, residential estates and retirement villages. Specialist Sectional Title Attorney and BBM Law Director, Marina Constas say that it seems that in the last few […]

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EMAs – faster and less expensive for troubled sectional title schemes

Sectional title schemes facing financial difficulties should appoint an executive managing agent instead of placing the scheme under administration says Andrew Schaefer, MD of property management company Trafalgar. Andrew believes that many sectional title owners seem to be under the impression that schemes (which are technically insolvent or struggling with cash flow issues) should be […]

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Balwin announces R9bn Munyaka Crystal Lagoon in Waterfall

Balwin Properties has announced the development of Munyaka, a R9 billion development in Waterfall, Midrand. Steve Brookes, founder and CEO of Balwin Properties, commented: “Munyaka, which translates to “Crystal” in Venda, is set to be the crown jewel in our development portfolio. We have worked very closely with our architects to bring something exceptional to […]

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Older property buyers differ vastly in buying patterns

In a recent review of property buyers’ demographics, Lightstone has revealed that nationally buyers aged 65 and over differ vastly in buying patterns.  The three major provinces, Western Cape, Gauteng and Kwazulu Natal are seeing different trends for these buyers. In a comparison of the three provinces, a clear trend emerges where the Western Cape […]