Happy Friday Property Peeps!
Welcome to the second quarter of 2025! We’re entering an exciting and dynamic period where key developments from both US and local governments are sure to impact us all on a global scale.
Market Trends & Investor Moves
It’s been a monumental week in South Africa. Parliament recently voted on a proposed 0.5% VAT hike, putting the Government of National Unity (GNU) under pressure. At the same time, President Donald Trump’s tariff hikes have caused major disruptions in global markets, with the rand taking a hit.
Trump’s 30% tariff increase targets South Africa, and the US has flagged the Expropriation and Public Procurement Acts as obstacles to investment and competition. However, experts predict these measures will likely roll back within 6 to 12 months, thanks to rising economic pressures and growing political tensions in the US.
What We Learned in Property This Week
In spite of global market chaos, there are always opportunities for savvy investors—seek them out! Here are five key tips to help you secure that property you’ve been eyeing.
On the property management front, WeconnectU has revolutionised the game by streamlining inspections and maintenance, giving property managers complete control. Their platform ensures tenants stay informed and nothing falls through the cracks. A must-read for property managers!
Webinar Alert: SA Property Market Outlook 2025
Don't miss our upcoming webinar on Thursday, 10 April at 12:00 PM, where we’ll dive deep into the SA Property Market Outlook for 2025 exploring trends, challenges, and opportunities. Get exclusive insights from top residential property experts who will share their vision for the rest of the year. Register here
Reside Awards – 2 May 2025 Deadline
The countdown is on! The 2025 Reside Awards are just around the corner, and if you want your work in residential property services, development, PropTech innovation, or projects to be recognised, now’s the time to enter! Don’t miss your chance to showcase your excellence and impact in the residential sector. Enter Here and get noticed!
Business Tip of the Week: ‘Evolve Beyond Your Comfort Zone’
Sometimes, you outgrow a business that once felt like your dream. It doesn’t mean you’re ungrateful, it means you're ready for more.
Stagnation can trap even the most successful entrepreneurs when tasks that once sparked joy become routine. To reignite your passion and energy, stop fine-tuning the old plan. Take that bold leap and venture into something that challenges you. Remember, growth happens when you embrace discomfort!
Closing Thoughts!
Take action this week, stay ahead of the curve, and get ready to crush it in the week ahead!
Enjoy your weekend, and keep striving for success!
NEALE PETERSEN
Your Property Afficionado
