Trustees of sectional title bodies corporate face a torrid time from property owners as demand for good governance spreads through South Africa, says Neville Schaefer head of SA biggest residential property manager Trafalgar.
They insist on having their way. They’re rude, everywhere at once, and a major irritation to occupants of sectional title buildings in South Africa.
Developers get a reality check while buy-to-let investors mostly manage to pip inflation - provided they bought in the right places, writes Chris Needham
Owners who keep their buildings in the inner city well maintained can prevent building invasions from taking place, says Neville Schaefer, CEO of residential property managers Trafalgar.
Deductions for renovations, new buildings will draw large investors, and should form part of integrated strategy, experts say.
In a move welcomed by thec industry, national property manager Trafalgar has launched SA's first residential property rental index, saying that the lack of sound rental information has been a major cause of arguments over a price bubble.
Revamping run-down buildings in central business districts for low-cost housing is not seen as a workable concept
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