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Honeydew development from R150kNedbank will provide funding of R55m for two phases of a R110m property development in Honeydew, aimed at addressing the affordable market gap.Property experts react to another SARB 0.25% interest rate cutProperty experts weigh in on the SARB's 0.25% interest rate cut, and how it's expected to impact homeowners and property investors.SARB reduces repo rate by 25bps, prime lending rate now 11%The Monetary Policy Committee (MPC) announced today that interest rates will be lowered by 25 basis points. The prime lending rate therefore changes to 11%, and the repo rate drops to 7.50%.