Tag: Residential Property Act

New rule may weigh on prices of high-end condos

Prices of luxury condos have continued to rise this year but a new rule may soon tie the hands of the developers. Currently many developers have pick ...

Changes to Residential Property Act passed

Changes to the Residential Property Act were passed in Parliament on Monday. It restricts foreign ownership of landed residential properties, includi ...

Residential Property (Amendment) Bill tightens rules on foreign ownership

Citizens and permanent residents who cut their ties with the Republic cannot expect to continue owning landed property in the city. That is the messa ...
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