Delight tenants
Provide your tenants with the best experience so that you retain them year after year.
Help your team
Utilise accompanying reports to accurately account for deposits and manage arrears lists, communicate late payment notices and generate demand letters.
Cut admin time
Gain easy access to stored lease information and applications, and manage your property management tasks all in one place.
Software to help your residential portfolio thrive
Effective, robust and flexible software is crucial to the success of your business. In South Africa, our solutions have evolved to meet the specific needs of the residential property market, and deliver the functionality and features that you need to meet and exceed your objectives. From ensuring tight control of operations and rent collection, through to enabling the highest levels of engagement, our platform can help elevate both your processes and brand.
Trust in a tried and tested powerful database that gives you one source of truth for your property information.
Adopt deep financial capabilities at property and portfolio level, through to investment accounting support.
Analyse pertinent tenancy and vacancy details at a chosen point in time, and be reminded of dates and key event triggers in contracts.
Deploy portals that allow tenants to access documents, log maintenance and service requests and view accounting information.
MRI Living - Create experiences that wow your customers with world-class residential technology
If you manage residential buildings, your remit has never been more varied. And while your traditional property and accounting responsibilities remain fundamental, you now also need a robust and long-term plan in place for delivering first-class customer service.
Vacancy Survey Report Q3 2024
National residential rental vacancies fell to 5.07% in the third quarter of 2024, the lowest since the TPN Vacancy Survey started in 2016. Limited new supply and strong demand kept vacancies low in this quarter, with properties under R12,000 a month seeing notable improvements.
The R7,000 to R12,000 rental band recorded the lowest vacancies at 3.4%, while luxury rentals faced increased pressure, with vacancies in properties over R25,000 surging to 12.03%.
The Western Cape led with the lowest vacancy rate and strongest rental growth. All in all, cautious investment and high interest rates continue to limit supply, balancing the market and preventing a rental bubble from emerging.
Download the Vacancy Survey Report Q3 2024 for a comprehensive analysis of the trends shaping the residential rental market.
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