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NATIONAL UNION OF MINEWORKERS PROPERTY (PTY) LTD

The property market in South Africa evolved significantly over the past few years. This evolution was influenced by changes in the economic and political climate. Some of the key factors that remain significant for continuous observation and assessment are:

Property prices in relation to the general inflationary trends of the economy.
Building material and general construction costs and how these impact on the cost of projects, particularly new developments.
Investment opportunities arising from political negotiations between government and private sector and how these could benefit the small and emerging property development and management agents.
Transformation of the property market to include all sections of the population through the Broad Based Black Economic Empowerment strategies.
And the availability of appropriate financing mechanisms that support growth of the market from both commercial and residential sector point of view.