Blog

After nearly two years of COVID-19 and an ongoing economic slump, residential rentals provide an exciting opportunity for real estate agencies in previously underserviced areas, according to PayProp, South Africa’s leading rental payment platform.

PayProp recently celebrated exceptional client performance on its payment platform with the inaugural PayProp Awards 2021.

The South African rental property industry, like many other sectors, continues to feel the effects of COVID-19 with a shrinking viable tenant pool, lower tenant affordability and high arrears.