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Luxury properties, hotels on auctionAs the 2011 auction season gets underway a many attractive properties are going under the hammer over the next couple of weeks. Here are a few. Credit crunch hits Pta North marketThe residential property market in Pretoria North and surrounds is being suppressed by lending institutions in spite of renewed demand.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.