The lock-up-and-go lifestyle offered by sectional title living may soon supersede the demand for full title homes in South Africa. According to Lightstone Property’s recent statistics, the volume of transfer of freehold homes has declined since 2018, meaning that the days of high demand for sprawling lawns and white picket fences may soon be numbered. In contrast, the volume of transfers of sectional title homes and homes located in estates has climbed steadily since 2018 .
” Excess supply of full title homes: an ongoing issue The trend of low House Price Inflation in South Africa cannot be denied, as Smee explains: “The excess supply of homes on the market has given rise to a prolonged buyers’ market in some parts of South Africa, while in high demand lifestyle areas, sellers remain in control.” Smee comments that a large part of the excess supply lies in freehold homes and new developments in over-developed, densely populated areas.
A lot of housing estates are not sectional title. It's just housing estates with a gate and security