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The Gentrification Equation

April 2017

“Look at the road you’re standing in”, says 27-year-old Yusuf Toefy. “You see barber shops, you see fish and chips eateries, you see clothing stores. Now remember how this place looks and come back in a few years’ time. This road is not going to look the same”. From this pavement in bustling Malta Road in Salt River, where Toefy lives, there are barber shops, fisheries, and the fabric stores. But beyond the shops and houses there is also a community. This is the type of neighbourhood where businesses know each other as neighbours do, and call their customers friends and family.

Looking ahead

March 2017

Property developers and various funds may diversify to cater for student housing demand, while institutional investors will be forced to scale back their exposure to shopping centres

Seniors invest in top Cape properties

March 2017

An increasing number of South Africans over the age of 65 are snapping up luxury and super-luxury properties in the Western Cape.

Gated communities still popular despite big drop in developments‚ new figures show

February 2017

At least one in 10 South Africans still choose gated communities when making residential property purchases despite a big drop in new estate developments‚ new data shows. There are nearly 7 000 freehold and sectional scheme estates with around 355 000 active residential properties‚ valued at R800-billion‚ throughout the country‚ according to market intelligence company Lightstone Property. But‚ surprisingly‚ only 21 new estates were developed in 2015 compared with the 458 established during the sector's peak in 2004.

More single women than single men are buying homes

February 2017

But a report notes that women are still faced with legal constraints‚ employment and income limitations‚ and exclusion from economic policymaking decisions

Lightstone’s house price indices

February 2017

Technology has revolutionised just about every industry and it’s no different for the property sector. Thanks to advancements in processing capabilities it is possible to analyse large data sets and make new discoveries that can be useful to businesses. Our clients at Lightstone Property are especially proficient when it comes to data analytics. They provide comprehensive data about property, automotive and business assets in South Africa. This information can be accessed on/offline.

The most expensive streets in SA

January 2017

New data shows which streets in South Africa are the most valuable in each major metro, based on historic and comparative data.

Announcing Market View Report

July 2016

Market View gives you easier and more accurate market valuation information

No sparks flying in SA Property market

March 2016

Due to a vicious cycle in the economy, one could say there is currently little oxygen in the SA residential property market in general, according to Paul-Roux de Kock, analytics director for Lightstone.

On a slippery slope

January 2016

The residential property market won't be able to insulate itself from SA's economic woes for much longer, industry players believe.

Housing prices forecast to lag rising inflation

January 2016

Johannesburg - Without a significant positive economic turnaround, national house price inflation this year will drop below the consumer price index (CPI), resulting in a loss of real wealth for the majority of homeowners for the first time since 2011

South Africa’s top 10 richest suburbs

November 2015

South Africa’s top 10 suburbs now boast an average sales price exceeding R10 million, with Clifton, in Cape Town, rated as the most expensive of the lot, averaging R20 million.

Multimillion-rand water park set to boost Scottburgh's property prices

October 2015

The news that the largest water park in South Africa is going to be built in the sleepy coastal town of Scottburgh on the South Coast of KwaZulu-Natal will undoubtedly boost interest in the local property market.

Property investors to consider alternative options as house prices continue to rise in City Bowl and surrounds

October 2015

According to recent statistics compiled by Lightstone, the average selling price of properties in the Cape Town City Bowl and surrounds, including Green Point, Sea Point and De Waterkant is between R3 million and R5 million,

10 tips for home buyers

September 2015

Get a comparative market analysis to compare the price you are being asked to pay with other prices in the neighbourhood.

SA's trendiest suburbs

September 2015

Between Clifton and Llandudno, with the spectacular Twelve Apostles mountain range behind it and the ocean in front, Camps Bay is one of Cape Town's most affluent suburbs

Home owners: Bond free but riding the slump

September 2015

The full swing of the interest rate-rising cycle is expected to cool down a residential property market already exerting mounting pressures. Although the housing market is still impacted by humdrum property valuations, and buyers down-sizing their property ambitions due to affordability issues, it seems like there is some respite for a particular segment of property owners.

Augmented reality incorporated into Lightstone Property Pro app – first of its kind in SA

September 2015

Following the success of their LIVE app which won App of the year and Best Android App (Enterprise) at the 2014 MTN Business App of The Year Awards, Lightstone have just released their latest app called Lightstone Property Pro. The app, which is a first of its kind in South Africa, will provide property professionals with immediate access to accurate, credible and verified property information exactly when they need it, on the go.

Gauteng's sectional title properties remain in demand

September 2015

Sectional title properties are more popular than ever in the Gauteng suburbs, and indeed around South Africa, with the demand for these types of homes continuing unabated despite the inflationary pressures currently being felt by many households.

Cube Workspace opens fourth serviced office property, with Bryanston launch

August 2015

Head of Commercial Property at data-analytics company Lightstone Property Ndibu Motaung clarifies, “Cost of occupation is a primary concern because of rising municipal costs, electricity prices, fuel and volatile exchange rates, and this is driving large entities like Alexander Forbes, Ernst and Young, Discovery, Webber Wentzel and FNB to occupy more energy efficient and ergonomic offices in Sandton and Cape Town.”

South Africa's most expensive addresses

August 2015

Using a valuation model based on repeat sales and comparable sales, Lightstone has determined that Nettleton Road in Clifton is the country’s most historically valuable street, with an average homes sale value of R27.1 million.

Healthy and sustained demand for commercial property in SA

July 2015

Well-positioned commercial property in outlying areas around South Africa is proving increasingly attractive to local and foreign buyers...

Sandton attracts wealth

July 2015

Have between R20m and R80m to spend on a new pad in Johannesburg's Northern Suburbs? No, us neither. But there are, apparently, some exceptions. According to property data company Lightstone,

The most expensive streets in South Africa

July 2015

New data has revealed which street in South Africa commands, on average, the highest prices for homes. The data, provided by Lightstone Property, looks at the average sales transfer prices, calculated per street across South Africa’s major provinces over the past year.

V&A Waterfront focuses on residential

July 2015

Residential is becoming an increasing focus in mix-use developments at and near the Victoria & Alfred (V&A) Waterfront in Cape Town

Property deals shun slowdown

June 2015

Transaction activity in the South African commercial market appears buoyant despite the impact on local markets of prolonged sluggish domestic and global economic activity.

Housing density soars in Midrand

June 2015

Lightstone analyses density. Midrand, at the current rate of densification, might be one of the most densely populated areas in South Africa within the next 30 years, according to property services group Lightstone.

Crime arrests property growth

May 2015

a single year of high crime growth in an established residential area can be detrimental to house price inflation for at least two years thereafter, before the effect starts to slowly taper off

Popularity of lifestyle estates increasing

March 2015

Luxury lifestyle estates are increasingly benefiting from a growing number of buyers moving up into the higher-value markets.

Crime arrests property growth

September 2014

A single year of high crime growth in an established residential area can be detrimental to house price inflation for at least two years thereafter, before the effect starts to slowly taper off.

Location is ticket to ride for property near station

September 2014

Property prices in areas surrounding the Gautrain stations have increased. Those close to Joburg, Rosebank, Sandton, Hatfield and Pretoria Gautrain stations have seen the highest growth.

Foreign interest in SA property remains strong

September 2014

Business in Gauteng and leisure in the Western Cape are driving the majority of purchases of South African property by foreigners. According to property analytics company Lightstone, foreign confidence in the local property market is holding firm, although sales by foreigners outnumbered purchases in the last year.