In light of the prime lending rate at a historic low of 7.25%, with discussions of further potential cuts, we've received an influx of buyer enquiries in recent weeks and subsequently have been fortunate in achieving a record amount of sales while still under Level 3 of the national lockdown.
We believe that the current circumstances create a unique opportunity for properties within the Sanddrift and Tijgerhof area. These properties offer a high level of value for money, which is undoubtedly high on the list of purchasers' buying criteria right now. The qualified purchasers that we are currently working with consist of an array of local, national and international investors as well as first-time buyers looking to capitalise on these favourable conditions.
With another widely expected interest rate cut on the horizon, along with the over- saturation in other areas and the relatively low supply of properties on the market in Sanddrift and Tijgerhof, we have seen the market of purchasers reacting positively in the current climate. We predict that this will only induce more buyer interest in the coming few weeks.
With this being said, after the recent supplementary budget speech, we have seen that SARS's revenue collections have suffered significantly, notably in the areas of value-added tax (VAT) and PAYE income tax. This is indicative of looming increases in unemployment figures, consumer spending power and GDP retraction, all factors which do not bode well for the real estate market.
Given the above, coupled with our innovative and dynamic approach to property sales, we believe we can achieve a premium price for your property in the current market climate, should you wish to take advantage of the current window of opportunity while it is still available.
Recent sales in Tijgerhof and Sanddrift
🔴 Skyliner Avenue, Tijgerhof for ZAR 2 275 000
🔴 Corsair Road, Sanddrift for ZAR 1 525 000
🔴 De Grendelhof, Tijgerhof for ZAR 1 325 000
🔴 Howard Davis Road, Sanddrift for ZAR 1 250 000
🔴 Cottage Mews, Tijgerhof for ZAR 1 175 000
Recent Exclusive Listings by Greeff Christie's International Real Estate
Bolmear Street, Tijgerhof for ZAR 1 595 000
Chepstowe Road, Tijgerhof for ZAR 1 080 000
Mansveldt Road, Tijgerhof for ZAR 995 000
If you, friends, family, colleagues or acquaintances would like to take advantage of this brief but unique window of opportunity, please don't hesitate to get in contact with us while selling conditions are favourable!