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Deposit demands hit small towns Homebuyers in many smaller towns are struggling to come up with the hefty deposits now required by banks, and this is depressing local property markets and prices. Silverfields draws young families Unlike Mindalore and Witpoortjie, Silverfields in Krugersdorp is buffered from informal settlement creep by Main Reef and Ontdekkers, and the difference in prices illustrates this point as such informal settlements tend to bring down the value of formal residential holdings. By James Monteiro 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.

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