The Riverside Apartments project in Diepsloot, a two-phase partnership between JPC and Century Property Developments, aims to provide quality affordable rental housing to meet Johannesburg's growing demand.
Investment in the residential property sector continues to perform poorly, with investment growth declining by 7.2%.
This can, to some extent, be explained by the ongoing decline in housing delivery in South Africa, says Francios Viruly, real estate and property economist and chief economist at Datazone.
He says the first-quarter 2026 Real gross domestic product (GDP) figures provide mixed signals for the South African Non-Residential property sector.
“To start on a positive note, South Africa recorded economic growth of 0.5% (a/g) in the first quarter of 2026, marking the sixth quarter of economic expansion. Yet a deeper dive into these figures shows mixed implications for the property sector.
