From my point of view, I am tired of paying rent every month for someone else bond. Here is the chance to pay low loan repayments and have your own house. New developments at Cosmocity and many other areas in Johannesburg, presented by Allied Development Company working together with LaPalaka Property Projects have houses from R269,000.00 house price, loan repayments at R2870,00 per month, depending on the rate that the bank offered. No deposit or transfer fees required. So you have nothing to lose, let me help you to apply for pre-approval and see how much the bank can loan you.
You need to be earning around R9562.00 per month to qualify but if not you can buy on joint sale. 20 years to pay back the bank and your application will be send to all major banks.