The South African Reserve Bank announced on 31 July a 25 basis point drop in the repo rate, bringing it down to 7%. This change lowers the prime lending rate to 10.50%, a welcome move for homeowners, buyers, and investors navigating a challenging economic landscape.
With the rate cut in effect, affordability slightly improves – giving first-time buyers a stronger incentive to act. “With inflation in check and bond repayments easing slightly, it’s a great time to enter the market,” says Craig Mott, National Sales Manager for the Rawson Property Group.
READ: What the rate drop means for buyers, sellers, and homeowners?
Sectional title properties remain one of South Africa’s most popular property types - especially for first-time buyers, retirees, and investors. But while sectional title living offers clear perks, it’s not without its fine print.
Experts say buyers should weigh the pros and cons carefully before signing on the dotted line.
Why sectional title homes remain in demand
According to Antonie Goosen, Principal and Founder of Meridian Realty, sectional title units - such as apartments, townhouses, and clusters - are increasingly favoured for their lower price points and built-in lifestyle features.
“In today’s market, affordability is top of mind. Sectional title homes typically cost less to buy and maintain than full-title houses, which is a major win for buyers feeling the pinch from interest rate hikes, rising rates, and higher utility bills,” says Goosen.
READ: 5 key questions to ask before signing a lease
Sharing the cost of maintenance, security, and insurance through monthly levies means fewer surprise expenses for homeowners - but those levies do require close attention.
Security is another big drawcard. “Most schemes include access control, electric fencing, or security patrols, giving homeowners an added layer of peace of mind, especially women living alone or families with young kids,” he adds.
The Pretoria market: Why sectional title demand is surging
In Pretoria, demand for sectional title homes is climbing, particularly in the eastern suburbs.
“We’re seeing strong uptake in well-managed complexes in areas like Garsfontein, Equestria, Olympus, and Moreleta Park,” says Donavan van Rooyen, Broker/Manager at RE/MAX Property Merchants.
“Many buyers relocating from other provinces are looking for affordable, secure, and conveniently located properties. Sectional title ticks all those boxes - especially for young families and professionals.”
He adds that the “lock-up-and-go” appeal of sectional title fits with the lifestyle shift happening in the city. “People want to spend less time worrying about home maintenance and more time focusing on career, travel, or remote work. A sectional title unit makes that easier.”
In Pretoria East, price points between R900,000 and R1.5 million are in high demand, especially in newer complexes with good security and access to schools and shopping hubs.
Read the fine print: Levies, rules, and community living
Despite the appeal, both Goosen and van Rooyen warn that sectional title living comes with responsibilities - and some surprises.
“A big mistake buyers make is underestimating levies and how they can increase over time,” says Goosen. “They cover things like maintenance, insurance, security, and admin - but special levies can be raised for major repairs, and you’re legally obliged to pay them.”
Van Rooyen agrees, adding that it’s essential to inspect the body corporate’s financial health. “Before buying, ask for the latest financial statements, reserve fund status, and the 10-year maintenance plan. If a scheme is underfunded, that can cost you down the line.”
Buyers should also familiarise themselves with the conduct rules, which can impact everything from pet ownership to parking and Airbnb-style rentals.
“You’re buying into a community. That means shared spaces, shared decisions, and sometimes shared problems,” says Goosen. “Noise complaints, disputes over parking, or decisions on complex upgrades are part of the deal.”
Will sectional title units hold their value?
While location is always a key factor, Goosen says well-maintained sectional title homes in sought-after areas are likely to remain a smart investment.
“Older units often offer better value - they tend to be more spacious than newer builds and can come with lower levies. If the scheme is well-run and well-located, it’s a solid long-term choice,” he says.
In Pretoria, van Rooyen notes that sectional title homes in school catchment areas, near transport routes or business nodes tend to perform well in terms of both resale and rental demand.
Know what you’re buying into
Both experts agree sectional title living is not a one-size-fits-all solution.
“It offers a lot - affordability, security, convenience - but only if the scheme is financially sound and suits your lifestyle,” says Goosen.
“Do your homework, ask the right questions, and speak to your agent about the finer details. The more you know upfront, the fewer surprises down the line.”
Thinking of buying sectional title?
Ask your agent for the scheme’s financials, read the conduct rules carefully, and factor levies into your budget. With the right prep, sectional title can offer a smart, secure, and low-maintenance path into homeownership in South Africa.
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