Young South African Man Flexes First Sandton Apartment in Johannesburg, Mzansi Reacts
- One young man showed off his new apartment, which he bought in the city of Johannesburg
- The TikTok video gained massive traction on social media, leaving people in awe of his living space
- Comments poured in from Mzansi netizens as they flooded the post, praising the guy for his achievement
- Briefly News spoke to financial and homeownership advisor Andrea Carr about some hidden costs of buying a home that first-time buyers should be aware of
One young South African man flexed his latest achievement for the world to see, and people were left in awe of his space.
Source: TikTok
Gent moves into first Sandton apartment
The guy who goes by the TikTok handle @giftbozekana1 showcased how he has officially moved into his first apartment in the heart of Sandton, Johannesburg.
@giftbozekana1's exciting news instantly sparked reactions from the online community. Some of the wealthiest residences, workplaces, and retail establishments in South Africa may be found in Sandton, which is frequently referred to as the nation's business and financial center. Living in this energetic neighborhood is a major accomplishment for many people, especially young professionals.
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While taking to his TikTok caption, the young man simply said the following:
"God is good all the time."
@giftbozekana1 went on to unveil a glimpse of his new living space, which was empty with no modern finishes. It had large windows overlooking the city skyline. The man has yet to add his open-plan design that reflects his personal style.
The footage went viral on the internet, generating many views along with thousands of likes and comments within a few hours of its publication.
Take a look at the young man's new home in the video below:
Andrea Carr reveals hidden costs of buying a home
While speaking to Briefly News, financial and homeownership advisor Andrea Carr shared the hidden costs of buying a home that first-time buyers should be aware of.
The homeownership advisor explained the following:
"Deposit. What is it? A home loan deposit is your initial contribution to the purchase price of a property. It means that you own a small portion of the home when you move in."
She went on to say that a transfer duty is a tax paid on every existing property that transfers from one homeowner to another.
"All homes valued at more than R1,1m that aren’t new developments incur this tax," says Andrea.
Bond Registration Fees / Property Transfer Costs
There are several fees charged by attorneys for ensuring a bond is registered over the title deed and transfer of ownership takes place once all the paperwork is complete and signed between all the parties that play a role in this transaction.
Bond Initiation fee
"This is a fee charged by the bank for processing the bond application and opening your bond account," she added.
Once you move in:
• Occupational rent
• Moving costs
• Insurance
• Levies, rates & taxes, water & lights
• Home repairs/maintenance
• Home utilities
How much are apartments in Sandton, Jozi
Depending on the development and location, flats in Sandton, Johannesburg, can cost anywhere between R795,000 to R5,320,000 according to Property24.
Examples of Sandton Olea View Apartments prices range from R795,000 to R825,000 in Broadacres. Paulshof's Greenwich Village: R1,020,000–R1,070,000, Brooke Manor in Edenburg: R1,119,000 to R1,180,000. 170 Grosvenor: Bryanston, R685,000–R5,320,000
TikTok takes notice of accomplishment
Many people in South Africa were impressed by the man achieving such an incredible milestone as they showered him with congratulatory messages while expressing their thoughts, saying:
Kodi Maku Levana said:
"Serious apartments. Congradulations bethunana."
Shay'ngathi awuboni added:
"Serious apartments for serious people who are doing serious courses."
Zilungile wrote:
"Someone said “Serious apartments” congratulations."
Zukie Mnyapa replied:
"From Serious Degree to Serious Apartment uThixo wabazali baka Gift hay mna ndedwa ndimhloniphile."
Hloniey Mkhari expressed:
"Kwaze kwa mnandi kwa serious courses sana. Congratulations."
Nuh wrote:
"Congratulations are in order, Bethunana."
Shining star commented:
"Let me go study! Congratulations."
Source: TikTok
Young women flex becoming homeowners
- Briefly News previously reported that a woman in South Africa beamed with pride as she showcased her impressive achievement to the world, inspiring many in the process.
- This Mzansi queen just hit a major life milestone as she moved from renting to owning her very own home.
- A local woman has headed online to celebrate the purchase of her brand-new car as well as her first-ever property.
- A young, hardworking South African woman has achieved the dream of homeownership and shared her journey with her followers on TikTok.
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Source: Briefly News
Johana Mukandila (Human Interest Editor) Johana Tshidibi Mukandila has been a Human Interest Reporter at Briefly News since 2023. She has over four years of experience as a multimedia journalist. Johana holds a national diploma in journalism from the Cape Peninsula University Of Technology (2023). She has worked at the United Nations High Commissioner for Refugees, PAICTA, BONA Magazine and Albella Music Production. She is currently furthering her education in journalism at the CPUT. She has passed a set of trainings from Google News Initiative. Reach her at johana.mukandila@briefly.co.za
Andrea Carr (Head Tech Research and Development and Homeownership advisor) Andrea Carr is Head: Tech R&D as well as a Homeownership advisor. With over 19 years of experience in banking, management consulting, and, most recently, ideation and delivery of a platform business, Andrea focuses on translating real-world problems into practical solutions.
