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East London's affordable holiday homesHoliday properties in some parts of East London are priced from as little as R600 000 for a modest fisherman’s cottage on the outskirts of the city.2010 boom for the East Coast?High building costs, the development of East London's IDZ (Industrial Development Zone) and rising demand from an emerging middle class of civil servants are factors nudging East London house prices ever upwards. By Ingrid SmitCapital 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.