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Freestanding or sectional title? City centre or suburb? Swimming pool or solar panels?
The nature of residential property in South Africa is changing.
The Money Show’s Bruce Whitfield interviewed Dawid Malan, Head of Strategic Stakeholder Engagement for Absa Home loans, about the five hottest trends in residential property.
Scroll down for quotes from the audio below.
South Africans are starting to accept densification and smaller living spaces. Sectional title properties are increasingly popular.— Dawid Malan
Property prices in Cape Town’s CBD is skyrocketing. It’s all part of the ‘live, work, play’ lifestyle.— Dawid Malan
Fibre is becoming a key determinant when buyers are looking for property.— Dawid Malan
A borehole is far more attractive to buyers than a swimming pool.— Dawid Malan