Property (84)

At common law, the landlord is obliged to pay the rates and taxes on the property. It is the landlord’s responsibility to ensure that s/he takes into account the amount of rates and taxes payable by him/her in the rental amount.

Occupational rent applies when buyers move into a property before transfer and registration have taken place. It can also apply when sellers remain in occupation of the property after transfer and registration. 

The City of Windhoek saw an uptick in the number of building plans approved in February, with a total of 167 plans approved, a 111.4% increase from January's low base of 79 approvals.

Oryx Properties has secured a N$47-million ABSA development loan to fund the first phase of the expansion of Maerua Mall.

Developers of the N$4 billion President's Link Estate in Walvis Bay say they are proceeding with their development plans while the government finalizes and implements a visa designed to benefit investors who purchase property in the estate.

The Namibian Competition Commission (NaCC) has given its unconditional approval for Oryx Properties to proceed with its acquisition of Dunes Mall in Walvis Bay for N$648,8 million.

 The sustainability of Africa’s Quantity Surveyors is under threat from foreign competitors and unqualified industry players. 

It is common for a rental property owner or landlord to decide to put the property up for sale. So, what happens to the tenant in this scenario?

The Minister of Urban and Rural Development, Erastus Uutoni, has appointed a new board for the National Housing Enterprise (NHE).

Namibia's construction industry is expected to remain depressed due to high interest rates, economic advisory firm Simonis Storm has warned.

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