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Springs upgrades its imageLong stigmatized as a mining town populated mostly by lower and middle income residents, the East Rand town of Springs is fast taking its place as a sought-after residential area – by multi-million rand as well as entry level buyers.Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.Overpricing your home? Here's how to spot the signsWhile it is possible to correct the mistake if the home is overpriced, the best strategy is to get the listing price right from the very start.