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Developments in Soweto and improved perceptions of the township have provided the catalyst for the property boom the area is currently experiencing.
South African property companies need to plan for their futures now, while taking global factors into account and using such factors to their advantage, says property services company JHI's chief executive, Marna van der Walt.
Health Minister Manto Tshabalala-Msimang has urged traditional healers to patent traditional medicines and protect indigenous knowledge, while also encouraging an increase in research and development of such medicines.
The South African commercial property market achieved returns of 26.7% in 2006, placing it among the top performing markets worldwide, according to the Investment Property Databank.
International Housing Solutions, a joint venture between MuniMae of the US and Irish property group Howard Eurocape, has opened its head office for Africa in Johannesburg and plans to invest in affordable housing development across SA.
While the recent boom in South Africa's traditional residential property market is slowly deflating, there's a sharp rise in demand for houses in the country's townships.
Information about property in Johannesburg is now freely available on the city's e-services website. The database is an invaluable tool for investors and those tracking the city's economic development.
More and more South Africans in the UK are buying properties in SA with a view to returning home, with positive media coverage of SA and the local property boom among the reasons for the trend.
SA house prices are going through the roof - so much so that a major bank has revised its definition of a middle-class home. Experts are divided over whether the boom is a bubble about to burst, or holds the potential for sustainable growth.
With South African properties attracting growing local and international interest, the 2004 Hot Property Exhibition - coming to Durban, Cape Town and Johannesburg - provides a consolidated marketplace showcasing properties from all over SA at one venue.