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Rising home prices in Gauteng's 'Near East Rand' townsWith a Gautrain link to Sandton and Johannesburg, young professionals and first-timers are buying apartments and homes priced from around R400k.
Kempton property in huge demandKempton Park, reportedly one of the country's 10 largest residential cities, is notching up record sales in the wake of a strong home buying wave driven by the government's recent decision to raise the transfer duty threshold.Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.