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Author: Seeff Richards Bay, 25 September 2024,
Branch Article

Seeff Richards Bay Hosts First-of-its-Kind Property Talk Event

The recent Seeff Richards Bay Property Talk event brought together real estate enthusiasts, investors, and industry experts for an informative discussion on the current property market. Held at the picturesque Thembela Venue, the event was groundbreaking for Richards Bay, marking the first time Samuel Seeff, Chairman of the Seeff Property Group, headlined such an event in the region. 

His presence, along with other prominent speakers, made the event truly unique and impactful.

Samuel Seeff shared his expert predictions, focusing on the influence of the Government of National Unity on the property market. He explained how political stability fosters positive sentiment, leading to increased demand. “The government of national unity, along with positive sentiment and favourable interest rates, creates an environment conducive to property investment,” Seeff said, expressing optimism about the market’s future.

Liandra da Silva, Specialised Economist from Nedbank Group Economic Unit, provided a thorough overview of the current economic conditions. Despite challenges, she emphasised the opportunities for buyers and sellers due to favourable interest rates and growing confidence. “There are more positives than negatives in the market right now,” she said, urging attendees to see this as a prime time for real estate transactions.

Nombasa Mawela, Seeff Dubai Licensee, shifted the conversation to international opportunities, showcasing Dubai as a hotspot for property investment with high short-term yields. “Dubai is a great option for those looking for high returns in a short period,” she told the audience.

In addition to the insightful presentations, the event offered attendees a valuable opportunity to network, exchange ideas, and build connections, making it both an educational and social success. As the first event of its kind in Richards Bay, it set the stage for future discussions and collaborations within the local property market.