1348 at Sosha FF

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09/01/2024

1348 at Sosha FF.
A division of the BEE Group.
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12/10/2023

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06/06/2023

04/02/2021

"Why the township regions are performing well?

- these markets did not get oversupplied during the building boom of a few years.

- the transformation in the labour market continues and this implies that off a low base, the Black population group’s disposable income growth has been the most rapid over a good number of years.

- more black home buyers do not necessarily mean superior township market performance because many of these buyers migrate to former white suburbs often following their jobs to a home near major business nodes.

- new affordable housing developments in the former Black Townships do often get introduced to the market at higher prices than the existing housing stock. A significant portion of overall transactions in these newer developments can raise the average price calculated in the Township Index.

Loos says townships still need to complete their transition from dormitory towns to more mixed use regions with economies of their own.

“The transition to mixed use is expected to greatly improve townships attractiveness as places of residence.”

He adds that they believe that the long term prospects are for certain of these township regions to outperform the traditionally more illustrious suburban regions in terms of house price growth off a far lower base for some years." – Denise Mhlanga

SA former Black Townships in the major metro areas continue to outperform the high priced house segments but experience slow house price growth.

20/01/2021

Financial Year 2021 Project

07/09/2020

1348@SoshaFF in partnership with BEE Group presents

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"The first all-black all-female Legal practitioners firm in Soshanguve."

For legal advice and other related matters, please contact us.