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World-renowned personal finance guru Suze Orman has recently bought a home in SA – an apartment in the über-luxury The Cliffs development in Northcliff, Johannesburg.
It is hard to believe that a tenant would foot the bill for a state-of-the-art pool complete with special jets just so that his children could boogie board at home.
Construction on a recently-launched lifestyle development in Cape Town's Muizenburg has commenced and the civil works will be completed by end of March.
The year-on-year (y/y) decline in the FNB House Price Index continued in March to the tune of -7,8%, much as expected, down from a February revised rate of -6,2%. I-Net Bridge
The retail component of Eden on the Bay, a new mixed-use development situated on Bloubergstrand's Big Bay Beach, opened its doors for the first time recently.
Purchasing a new property can be both the most exciting moment in life and the most stressful, particularly when hidden and unexpected costs claim another chunk out of the budget.
The Standard Bank median house price index (smoothed) decreased by 1,5% year-on-year (y/y) in March, following declines of 3,6% y/y in January and 2% y/y in February, the latest Standard Bank property gauge showed on Wednesday. I-Net Bridge
Old Mutual Investment Group Property Investments (OMIGPI) has embarked on creating a centralised fund management team as a key part of reaching growth targets.
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:blue;font-weight:bold;font-size:11px;">Janice Anderssen</a> shows how one can fix that wobbly braai by making a...
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>Janice Anderssen</u></a> gives a short outline of the various types of blinds and curtains you might...
The tough market conditions have shown that there is a wide variety of ethical standards among developers as regards the quality of their projects and whom they employ.
As the crime threat continues, more and more home owners across the country, especially those in more affluent areas, are resorting to more drastic security measures to safeguard their properties and families. But even those security measures...
Nearly all the units have been sold in an entry-level sectional title development in Douglasdale, an upmarket suburb in the northwest of Johannesburg, since its launch in October 2008. By Eugene Brink
A four-storey B-grade building has become available to let in Cape Town's Loop Street and the owner is prepared to upgrade to the tenant's requirements.
Redefine Income Fund linked unitholders on Thursday voted in favour of the company's acquisition of ApexHi Properties and Madison Property Fund Managers, taking this landmark transaction for the property sector one step closer to conclusion....
There's no doubt about the difficulties in the property market, but given the will and an educated approach the obstacles can be countered to some extent by the seller playing a far greater role.
As many would-be home-owners struggle to obtain mortgages amid current market conditions, the demand for rental properties in the Western Cape's Boland and Overberg regions is growing well.
While housing data released by major banks this week offer little hope of a property price recovery in 2009, it appears that market sentiment is finally on the mend.
Residential suburbs near the industrial nodes of Silverton and Waltloo, to the east of Pretoria, are attracting buyers looking for upmarket properties that offer good value for money.
The Institute of Estate Agents (IEASA) is taking on the practice of 'accreditation' which gives selected agents exclusive property marketing rights in some security complexes and estates.
A large percentage of buyers will decide whether or not to look inside a house based on the view they see when they drive past or arrive for a show day. Remember the buyer will look at everything very carefully before buying, as a home is...
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> mulls over some of the shoddy architecture we see nowadays and wonders what's...
Everyone needs to focus on saving as much money as possible during the current economic times and one of the first places to start should be with your electricity bill – not only will this be good for your pocket, but it is also good for the...
Withholding body corporate levies because of personal financial strain places the building in a precarious fiscal position, while jeopardising the property investment and its long-term viability.
A massive property development that will create a whole new town 22km to the north-west of Pretoria will soon get under way on 450ha of land restored in 1998 to the Rama community that had been forcibly removed during the apartheid years.
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>Janice Anderssen</u></a> gives a short outline of the various types of blinds and curtains you might...
Although luxury properties form a relatively small part of the distressed residential market, tighter credit, rising unemployment, negative investor sentiment and falling house prices are starting to take their toll.
The derelict - but historically important - Potato Shed and Transport House in Newtown will be saved. Plans include a mall, a hotel, offices, apartments and an open square. By Emily Visser
Stained glass is a craft that dates back to the 1600s, where it was exclusively used to portray religious images and to elaborately decorate churches and places of worship. By Antonella Dési
The North West Local Government and Housing is expected to provide 2000 housing units to families living in Extension 3 and 22 in the Matlosana Local Municipality. By Kagiso Metswamere, BuaNews
Banks' tighter lending policies mean that the average buyer now needs a hefty R215 000 in cash reserves to afford the average priced house of R775 559. By Joan Muller
The Cape West Coast's Saldahna and Vredenburg areas offer home buyers excellent value for money while the recent opening of the new West Coast Mall has given the area a welcome boost.
After 11 years in existence, industry trade-body the Organisation for Timeshare in Europe (OTE) has changed its name to the Resort Development Organisation (RDO), which it says is reflective of "developments in the vacation ownership industry"...
A recent report detailing a significant decrease in the number of building plans over the last review period is bad news for the city's rates generation and those working in the construction industry, but is good news for the local property...
Current market entry in Knysna is R600k for a one-bed apartment, R800k for a two-bedroom apartment, R1,3m for a non-view townhouse, R1,6m for a lagoon-view townhouse and between R1,6m to R2m for a free-standing residence.
Bank of England figures reveal that February's approvals for house purchases – 37,937, up from 31,791 in January – is well above the six-month average of 31,500 and the highest level since May last year.
Controversial columnist Paddy Hartdegen goes fictional as he writes about buildings with non-existent owners and government departments not doing their work.
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:blue;font-weight:bold;font-size:11px;">Janice Anderssen</a> shows how kids bedrooms can be fun and colourful.
People buying stands should not make the mistake of thinking that a large piece of land will always be more valuable than a smaller one. In fact, the opposite is often true.
For those who are keen to start building their own home, now might be a good time because building costs are dropping - but it is important to remember that there is much red tape and paperwork to get through before being able to lay the first...
Sellers acceptance of offers to purchase a year or so ago was usually a mere formality with few hitches, but in today's environment, sellers need to be on high alert when entertaining offers to purchase.
Major banks' attitude toward home loan applications is toughening to the point where they now, as a matter of policy, include the evaluation of the type of profession in their assessment of the risk profile of the applicant.
So says Sultan Ahmed Bin Sulayem, chairman of Dubai World, attended the recent opening of the new Kerzner International's One & Only luxury hotel in Cape Town, of which his company is the main equity partner.
An aspect of the current global downtown that annoys him greatly is that those with left wing leanings are using the situation to discredit capitalism, says a Cape property developer.
The value of recorded building plans passed at constant 2005 prices in South Africa in February fell 44,2% year-on-year (y/y) from a revised drop of 53,7% (52,4%) y/y in January, data by Statistics South Africa showed on Wednesday. I-Net Bridge
Freehold homes in the Louis Trichardt suburbs are currently selling for between R800k and R1,4m, while sectional title units in the R1m to R1,4m bracket are selling well.
A finance group has bought West Coast developer Gert Joubert's new hotel, spa and country club at Shelley Point and is immediately going ahead with extensions and new facilities.
New rulings regarding the issuing of electrical compliance certificates for residential properties, which will come into effect from the 1st of May, will simplify the demands made on sellers and buyers of residential property.
We are diligent, we budget and we know how much we have in the kitty – so when special levies are raised, they often hit us like an unexpected ton of bricks. So find out more about their legal side.
Although the East Rand has not traditionally been regarded as an investment hot spot, developers say that areas such as Boksburg offer buy-to-let investors far better returns over the next two to three years than Johannesburg's northern suburbs....
The torpedoing by the major banks of consumer expectations of home loan finance has led to the approximate 40% decline in Pietermaritzburg's residential property sales.
Three interest rate cuts since December have failed as yet to have any real impact on the residential market, and the reason for this is still the banks' much criticised reluctance to engage with the bond market.
Sanding and lacquering old floorboards can transform the appearance of any room. And if you take your time over the job, you will have utterly beautiful floors for years to come. By Antonella Dési
Inexperienced, unsupervised estate agents and the banks tightening on home loan lending have proven a near deadly combination to the country's destabilising residential property prices.
Five independent agencies in the Western Cape have signed up to join the burgeoning Harcourts group in the past month and another four will soon swell their ranks.
Colliers International, the global real estate services firm, has been included in The 2009 Global Outsourcing 100 list, which recognises the world's best outsourcing service providers and advisors.
Shabby chic decor is a comfortable and casual way of decorating, with its foundation firmly entrenched in glamorous days gone by. It is easy living at its best and defined by vintage accessories, over-stuffed, über comfy sofas, distressed wooden...
A whole list of successfully managed international sports events has proved to the world that South Africa is a safe haven for this type of activity – and this is bound to have spin-offs for the local property market.
A surprising number of homeowners are opting now to let their homes rather than to put them on the market and the reasons for this are not difficult to understand, says a leading property figure.
With banks now insisting on large deposits before granting home loans, many buyers are looking at other purchase options, including rent-to-own agreements.
The Rezidor Hotel Group recently announced it will be expanding its African portfolio with three more Radisson Blu hotels and resorts in Zambia, Angola and Tunisia.
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> speaks his mind on the dangers of land invasions, the proper channels for...
Landlords with mortgage bonds registered over their rental properties may have unwittingly surrendered their right to sue defaulting tenants for unpaid rent without even knowing it.
The 1% drop in interest rates has already had a stimulatory effect on the housing market, but sellers should not take this as a signal to start holding out for higher prices.
Properties in Pietermaritzburg have come down in price but many potential buyers are unable to take advantage of the price cuts due to strict bank lending protocols.
The renewed confidence in the Kempton Park property market is translating into better sales in the middle segment of the market, which simmered down towards the end of last year.
Residential property should be a long-term investment and those who go into it for short-term gains are ignoring its fundamental cyclic nature, says a leading property figure.
The demand for property in northern KwaZulu-Natal towns such as Dundee and Glencoe is holding its own, thanks to lower prices and diversification of the local economy.
Entry-level prices for freehold properties in Plett are currently around R1,4m for a three-bed, two-bathroom house and about R670k for a two-bed, two-bath unit approximately 100sqm in extent.
In a landmark land claim resolution spanning more than two years, Blythedale Coastal Resort on KwaZulu-Natal's North Coast has been given the green light by the Regional Land Claims Commission.
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>Janice Anderssen</u></a> shows how to easily add a headboard by using an old door.
Those signing a property-related legal document, e.g. a Deed of Sale, will find that they are required to initial every page and any alterations made on the page.
Those selling property, particularly residential property, are often not aware that their agent is obliged legally and ethically to act primarily in their interest.
Though the rate of new development has slowed dramatically in most parts of the country on the back of the economic downturn, Hatfield in Pretoria remains a relative hive of residential and corporate activity.
Growthpoint Properties, the largest listed property company in South Africa, has secured a third blue chip tenant for its Century City office portfolio.
To experience the word around us, we use five basic senses – sight, hearing, smell, taste and touch. Although we use these every day, we often neglect to include them into our home decor. By Antonella Dési
As the months begin to get a little chillier, it is natural that we start thinking of ways to keep our homes warm and cosy to cope with the onslaught of winter. A fireplace is a great option – it looks good, adds value and can create a...
The number of tenants who are defaulting on rental obligations are on the rise, which necessitates buy-to-let owners to act quickly against non-payers, says Michelle Dickens, MD of credit bureau Tenant Profile Network (TPN). By Joan Muller
South African retailer Pick n Pay (PNP) has opened its fifth and sixth Pick n Pay stores in Soweto, underscoring the group's growing market share in the area.
Some 240 fires have broken out in the Greater Cape Town area this year and although these have resulted in the total destruction of only a few homes, many others have been badly damaged.
The Cornubia mixed-use housing development in Durban, to built on sugar cane land partly owned by Tongaat Hulett at a cost of around R4,6bn, would eventually provide homes for more than 100,000 people.
Relaxing outdoors with family and friends on a clear autumn night, listening to the crackling of the nearby warm fire and dinner sizzling on the braai, is pure bliss. By Antonella Dési
Selecting the "right agent" to sell your home in the current market is a potential minefield, especially given the wide choice of agents and their ravenous competition for good well-priced stock.
People about to marry should realise that the choice of the marriage contract which they enter into can have important implications regarding the ownership of the properties owned by one or both of the marriage partners.
Savings in commission are an incentive to sell a home privately but the decision of whether or not to use an estate agent should be carefully considered.
There are still some potential property investors who are reluctant to commit themselves to a property purchase because they have the idea that the capital gains on property are more severely taxed than other profits.
Although the permanent rental market remains buoyant, the type of property and the price range available has been affected by the economic downturn in the market.
The first thing newly elected trustees should do is to vote for a chairperson and the second thing is to check their complex's insurance. How so? By Mike Addison
Sixteen cul de sac homes in the Hemel en Aarde Country Club estate, situated between the Western Cape towns of Onrus and Hermanus, have come onto the market.
Tito Mboweni gave homeowners further relief on Thursday when he cut the interest rate by another 100 basis points to 8,5%. By Eugene Brink and I-Net Bridge
An insurance brokerage has taken a five-year lease on the entire Lighthouse office block, a standalone building allowing for a strong corporate identity, in Century City's prestigious Central Park precinct.
The condensation of water vapour leads to dampness in your flat or townhouse and as we all know, dampness is nothing but bad news. Learn all about it and how to combat it.