Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
Property for sale: Houses for sale: Property24
List Privately

Articles published in December 2007

 
Dire need for PE township housing
03 Dec 2007
An unparalleled industrial growth, a sharp rise in the number of first-time buyers and a severe shortage of residential property stock, and the desperate need for new residential developments in the townships surrounding Port Elizabeth has...
ANC struggle could affect property
03 Dec 2007
The political power struggle for the ANC leadership could have a far-reaching impact on the South African property market, especially if decisions are taken that could be negatively interpreted by investors. By Elma Kloppers, Sake24
Optimistic outlook for hotel sector
03 Dec 2007
A leading South African building contractor's current order book reflects the hotel and leisure sector's optimistic outlook ahead of the 2010 Soccer World Cup.
Hout Bay mall gets extension
03 Dec 2007
A leading shopping centre in Hout Bay has been altered and extended to accommodate growing demand in the area.
M&R expects higher earnings
03 Dec 2007
Construction group Murray & Roberts (M&R)on Friday said it expected diluted headline earnings per share for its first half and full 2008 financial year to be between 40% and 50% higher than last year. - I-Net Bridge
Create dream kitchen for under R30k
03 Dec 2007
The only problem with a dream kitchen is the nightmare price tag that comes with it! Home décor and DIY expert you how.
Show(er) off your bathroom heads
03 Dec 2007
Choosing the right shower head for your bathroom is no easy task with the wide variety of products available in the marketplace.
Cut out luxuries to afford property
03 Dec 2007
A 0,5% rise in the interest rates before the end of this year is expected and possibly a further rise in 2008.
Brackenfell draws southern buyers
03 Dec 2007
Brackenfell in Cape Town's northern suburbs is drawing increasing numbers of homebuyers from the southern suburbs.
Residential demand may rise in '08
04 Dec 2007
Many individuals and industry professionals look forward to residential property market resurgence, and despite the implementation of the National Credit Act (NCA), the increase in inflation rates and interest rates, residential demand looks set...
If not green, it will be obsolete
04 Dec 2007
Eskom's latest warning that load shedding will be with us for at least another seven years indicates that the energy efficiency efforts in the 2006 crisis were not merely a once-off attempt.
Historic Paarl building renovated
04 Dec 2007
The renovation of buildings with architectural merit can be the most successful of all types of property investment – and if the building is a listed heritage property, renovation is likely to make it an extremely successful investment.
Phase two of J-Bay project released
04 Dec 2007
Phase two of a luxury property development in Jeffreys Bay in the Eastern Cape has been released.
R52m residential project for Paarl
04 Dec 2007
A R52m residential project is to be launched in Paarl.
PE becoming a mini Jozi
04 Dec 2007
Property in Port Elizabeth is booming, and as a result its resemblance to Jhb is becoming scary. By Neill Hurford
R7,5m Hout Bay B&B on market
04 Dec 2007
A major property in Hout Bay, with a price tag of R7,5m, has just come on to the market.
Shed light on suspicious behaviour
04 Dec 2007
Estate agents are legally bound to report "suspicious or unusual behaviour" by clients in terms of South Africa's money laundering and tax evasion laws. Accordingly, clients need to be both patient and accommodating when their agent requests...
Sect. title owners can't just alter
04 Dec 2007
It is not yet widely appreciated in South Africa that if a person buys into a sectional title property and then wishes to make changes which can affect the aesthetics of the scheme or the "welfare" - a very general term - of others living in it,...
Flawed repairs' oversight requested
05 Dec 2007
Housing beneficiaries of the controversial Cape Town Community Housing Company (CTCHC) have asked the provincial housing department to intervene in monitoring the process of rectifying their faulty houses. By Ntomboxolo Makoba
Higher rates called rental Bluff
05 Dec 2007
The steady upward interest rate trend is turning would-be entry level buyers into tenants on the Bluff, where purchasing activity levels have always been linked to interest rate behavior.
CT project offers more amenities
05 Dec 2007
A newly launched 51-unit luxury residential development will allow buyers to tap into the conveniences and amenities offered by the Burgundy Estate suburb at the foot of the Tygerberg Mountains.
November house price growth slows
05 Dec 2007
South African average house price growth moderated to 6,5% year-on-year in November from a strong 10,2% year-on-year (y/y) growth in October, the Standard Bank's property gauge showed on Tuesday. - I-Net Bridge
Green doesn't mean more greenbacks
05 Dec 2007
Building green doesn't necessarily mean building expensive. By Gerhard Mulder, Sake24
Huge property boost for Lephalale
05 Dec 2007
Lephalale - formerly known as Ellisras - is set to experience an economic and property boom when construction gets under way on Eskom's new R70 billion power station. The price of vacant land has already increased dramatically, with increases of...
Prepaid gives investor the power
05 Dec 2007
Metering of electricity with secondary prepaid electricity meters is an excellent way for property investors, landlords and letting agents to avoid the risk of having to pay electricity utility bills, when tenants don't pay.
Returns higher on recycled building
06 Dec 2007
The return on investment when an old building is refurbished and recycled, in many instances taking on a new role as offices and/or shops, is in nine cases out of ten significantly higher than that on a new building.
Frankfort river stands on market
06 Dec 2007
River Front stands at a 168-stand residential development to be built in the north-eastern Free State town of Frankfort have now come on to the market.
Historic CT home sold to SA buyer
06 Dec 2007
One of Constantia's oldest and most historic homes has been sold for nearly R25m - a top price for this area for a home of this size.
House price growth down to 12,5%
06 Dec 2007
Growth in house prices in the middle segment of the market declined to a nominal 12,5% year-on-year (y/y) in November 2007 – the lowest price growth since January 2000, when it was 12%, the Absa House Price index showed on Wednesday. - I-Net...
Consumer inflation nudging ahead
06 Dec 2007
South Africa's year-on-year (y/y) house price growth is now below consumer inflation. By Elma Kloppers, Sake24
SARB raises repo rate 50bps
06 Dec 2007
The South African Reserve Bank's (SARB's) Monetary Policy Committee (MPC) on Thursday decided to increase the repo rate by 50 basis points to 11%, which is in line with what the market expected. By Evan Pickworth, I-Net Bridge
Industrial property still to peak
06 Dec 2007
The commercial and industrial property market in KwaZulu-Natal is stronger than ever with indications that the boom will continue into 2008 and beyond.
Construction firm to list on AltX
06 Dec 2007
KwaZulu-Natal-focused construction, plant hire and engineering group Erbacon Investment Holdings (ERB) is listing R116,328m shares on AltX on Friday, it said on Thursday. - I-Net Bridge
Buying to sell fast is risky
06 Dec 2007
Buying a home if you expect to sell it within two years is a risk, especially in an uncertain market, because there are quite steep costs associated with selling.
Silverfields draws young families
06 Dec 2007
Unlike Mindalore and Witpoortjie, Silverfields in Krugersdorp is buffered from informal settlement creep by Main Reef and Ontdekkers, and the difference in prices illustrates this point as such informal settlements tend to bring down the value of...
Old KZN homes replaced by new ones
07 Dec 2007
A shortage of available beachfront land coupled with an ongoing high demand for prime coastal property is seeing a trend emerging in KwaZulu-Natal with buyers purchasing properties with a view to demolishing the existing home or homes to make way...
R1,8bn J-Bay project launched
07 Dec 2007
A R1,8bn development with 3,000 residential plots has been launched near Jeffreys Bay on the coast about 80km west of Port Elizabeth.
Black diamonds keep market healthy
07 Dec 2007
The emerging black middle class is keeping the South African residential property market vibrant in the price range of around R800k and below despite rising interest rates and building costs.
Court says title deeds rule
07 Dec 2007
A very important decision was taken by the South Eastern Cape Local Division Courts when they enforced their ability to have an owner demolish their buildings because they do not have the correct provisions in their title deed.
Birchleigh North a stepping stone
07 Dec 2007
Traveling along the R25 into Kempton Park, commuters pass by the suburb of Birchleigh North, which is bordered by Mooifontein and Pongola River Road (M88). By James Monteiro
Beware cancelling within 90 days
10 Dec 2007
Bondholders cancelling their bonds should be aware that, if this is done without their giving three months' notice to their bank, they will be charged high cancellation fees.
PE project is upmarket & affordable
10 Dec 2007
Once zoned "undetermined", a 118-hectare plot of vacant land on the western outskirts of urban Port Elizabeth is on track to become one of the city's most affordable lifestyle developments. By Ingrid Smit
Devil's Peak stock is rare
10 Dec 2007
There is an acute shortage of stock in Devil's Peak, but demand for properties in the area remains strong.
Slower building cost aids prices
10 Dec 2007
The rate of building cost increases has slowed for the fourth quarter in a row, suggesting that consumers who have delayed their plans to buy newly-built homes should now grab the opportunity to proceed before prices rise again.
Construction group buys big stake
10 Dec 2007
Mass housing construction group Sea Kay (SKY) plans to buy 60% stake in Lonerock – a niche construction and plant hire business, specialising in bulk earthworks, road and infrastructure – for R104,4m, it said on Friday. - I-Net Bridge
Yay or nay to foreign investment
10 Dec 2007
Foreign investment in South Africa's property sector was one of the hot topics at the fifth SAPOA/Investment Property Databank annual property investment conference held in November. By Kara Michaels
Buying your first CBD apartment can be daunting
10 Dec 2007
A large proportion of buyers in the Cape Town city centre are first-time purchasers of property. Being a first-time buyer can be as daunting...
Inner cities buck slowdown trend
11 Dec 2007
While housing reports recently released by both Absa and Standard Bank confirm that house price growth for the country as a whole has dropped to its lowest level in years, inner cities seem to be bucking the trend. By Joan Muller
Rates pose biggest threat to market
11 Dec 2007
According to a survey carried out by an online property listing site, rising interest rates and unsustainable price rises are the two biggest threats to the South African property market next year. By Michael Hamlyn, I-Net Bridge
Mortgage one of SA's big headaches
11 Dec 2007
More than one in every two people worry that they won't be able to pay their debts, new research has revealed.
Three KZN malls upgraded
11 Dec 2007
Contracts have been completed totalling more than R336m for extensions and upgrades at three KwaZulu-Natal shopping malls.
PIC buys units in Growthpoint offer
11 Dec 2007
South African property group Growthpoint (GRT) said on Monday that the Public Investment Corporation had bought 97m linked units of its claw-back offer of 100m linked units. - I-Net Bridge
Home prices slow, offices in demand
11 Dec 2007
While residential property prices continued to fall during the year, office property demand strengthened with vacancy rates declining in all four major central business districts, the central bank said on Tuesday. By Tiisetso Motsoeneng, I-Net...
Spice up summer with a sanctuary
11 Dec 2007
Summerhouses and garden pavilions in the South African context tend to be in the gardens of people's primary residences. By Ingrid Smit
Spice up summer with a sanctuary
11 Dec 2007
Summerhouses and garden pavilions in the South African context tend to be in the gardens of people's primary residences. - Ingrid Smit
Big ideas for small spaces
12 Dec 2007
South Africans have always been accustomed to lots of space, but these days a tiny flat may be all you can afford. Read how to make the most of the space you have.
Coastal sales prospects look good
12 Dec 2007
The coastal property market has been languishing in the doldrums for the past 18 months but indications are that it may have turned the corner and with the peak holiday season coming up, expectations are that it will be a good sales period.
Development launches in Pta North
12 Dec 2007
A new development in Pretoria North launched in November and is expected to take transfers in October 2008. By James Monteiro
Affordable projects still in demand
12 Dec 2007
Amid the tighter market conditions created by recent interest rate hikes as well as the impact of the National Credit Act (NCA), there remains consistent demand for affordably-priced developments in the right location.
FNB's building confidence ticks up
12 Dec 2007
After a moderate decline in the third quarter of 2007, the FNB Building Confidence Index increased by one index point to a level of 86 in the fourth quarter of 2007. - I-Net Bridge
New mountain retreat launched
12 Dec 2007
The new SanAquam Private Residents' Club was launched recently on a majestic 723 hectare site in the Drakensberg. A first for South Africa, the development includes a previously untried concept of combining leisure, property, wellness and nature...
Knysna prices still growing
13 Dec 2007
Knysna has seen dramatic capital appreciation in this popular coastal town over the past 4 years.
Property Outlook for 2008
13 Dec 2007
Although the property market is currently experiencing a downturn, the forecast for next year is positive, according to industry leaders, with strong growth predicted in the lower end of the market as well as the commercial and retail property...
Second phase for Berg estate
13 Dec 2007
With 80% of phase one of a mountain estate in the Drakensberg sold out, the second phase will be going on sale in 2008. By Eugene Brink
Holiday house is not a 'home'
13 Dec 2007
Holiday home owners might wish their coastal pads were where they lived 365 days of the year, but the reality is that many are absentee landlords who visit infrequently or rent out their property for most of the year. By Brenda Nkuna
Support strong offers with facts
13 Dec 2007
With sales continuing to slow and stock levels rising, home sellers are apt to be much more receptive to offers at well below their asking price these days, but there is still a risk that they will be offended and call off any further...
Developers pumping billions into PE
14 Dec 2007
The quiet "backwater" of Port Elizabeth is currently enjoying one of its most exciting periods of property market growth.
CT suburb to get 10-unit project
14 Dec 2007
A new development opposite Cape Town's Salt River railway station has easy links to Lower Main Road and its many popular shops, restaurants and bistros.
Agri SA protests land grab policy
14 Dec 2007
Organised agriculture is protesting about the way the draft land expropriation policy will prevent landowners from direct access to the courts to object to a ministerial decision to take land and fix compensation. By Michael Hamlyn, I-Net Bridge
Old home in CT's Wynberg for sale
14 Dec 2007
A historical home in Wynberg, Cape Town, has come on to the market for R7,5m.
PE sectional title units in demand
14 Dec 2007
New sectional title units in Port Elizabeth are in strong demand with off-plan developments selling well.
Rate hikes to boost office rental
14 Dec 2007
Rental income in the commercial property market is on the increase after decades of decline and is expected to counter the latest interest rate hike, in which the Reserve Bank raised its repo rate by another 50 basis points.
SA hotel group buys Midlands hotel
14 Dec 2007
The three-star Wartburger Hof Hotel in KwaZulu Natal was recently purchased by Orion Hotels & Resorts, South Africa's largest independently owned hotel group, and will begin operating the establishment as the Orion Hotel Wartburg in February 2008.
Group Five wins Nigeria contract
14 Dec 2007
South African construction and engineering business Group Five (GRF) has been awarded a $62m – around R430m - contract for the design, supply and installation of a 130MW gas fired power station in Nigeria's Abia State, it said on Thursday. -...
Avoid these four home-buying errors
14 Dec 2007
Although the recent fall in mortgages indicates that home buyers are thinking twice before pushing their financial resources to extremes, some homeowners still make classic mistakes when they buy property.
Back-up power will sell your home
14 Dec 2007
Once again South Africans can expect to deal with load shedding today. Eskom announced this morning that in spite of its positive outlook yesterday, two generators were taken out of operation overnight and load shedding will continue today. By...
The story behind the stoepstorie
18 Dec 2007
What, in America, is described as a box with a step, was once, especially in rural South Africa, an entire lifestyle. By Neill Hurford
Tulisa Park gets affordable units
18 Dec 2007
Units in Kegramata, an affordable townhouse development in Tulisa Park in Johannesburg South, are expected to sell fast.
Tshwane now top property performer
18 Dec 2007
The Tshwane metro (including Pretoria) has emerged as the stand-out property performer in the country.
New R60m building at Century City
18 Dec 2007
A R60 million superior-grade office and retail building which integrates interior and exterior environments is being developed in Century City, Cape Town.
Makita to show at building expo
18 Dec 2007
Makita, one of the world's largest power tool manufacturers has confirmed its participation at The Building and Finishings Expo, scheduled to be held at the Bellville Velodrome from 08 to 10 April 2008. This is the first trade show for the...
JHI expands into Nigeria
19 Dec 2007
Property services company JHI recently announced it was establishing a firm base in Nigeria.
Swellendam riverine estate launched
19 Dec 2007
To cater for the demand for homes in the Swellendam area, five 2200sqm pristine riverfront stands recently went on the market at Uitvlugt Riverine Reserve, a 42ha property just 5km outside Swellendam, with spectacular views of the Langeberg...
R50m office complex for Jhb North
19 Dec 2007
An uncompromisingly modern triple A-grade R50 million development is planned for Johannesburg's Sunninghill.
Architecture award goes to PTA
19 Dec 2007
Marinda Smalberger, a thesis student of architecture at the University of Pretoria has won the Pretoria Regional Finals of "The Corobrik Architectural Student of the Year Award" for 2007.
Nedbank's response to Chris Boyle
19 Dec 2007
Unstoppable quad Chris Boyle's last column, entitled The Elephant and the Dung Beetle prompted the following response from Doug Hardie.
Estate Living – where to from here?
20 Dec 2007
John Loos, Property Strategist, FNB Commercial and Andrew Watt, Business Development Director, Lightstone, put together this report on Estate Living. The report covers the reasons for the rising popularity of complex life and considers what the...
Got a bonus? Think of PUTs
20 Dec 2007
When bonus time comes around, there are many articles and commentators giving recommendations about what to do with the extra cash. But you could do worse than investing it in PUTs.
Higher rentals for large factories
20 Dec 2007
An interesting anomaly is beginning to occur across a number of South Africa's more popular industrial townships: larger industrial buildings are commanding higher rental rates per m² than their smaller counterparts.
Agri ruling a boon for developers
20 Dec 2007
The Supreme Court of Appeal's decision on 28 September 2007 regarding the sale of a subdivided portion of farm land in Port Elizabeth may be good news for property developers. By Bianca Silva
Hermanus units under R1m
20 Dec 2007
A new development that launched on 28 June and situated 2 km from central Hermanus offers 63 homes or holiday units at affordable prices under R1 million.
Bryanston growth hangs on Eskom
21 Dec 2007
The future residential growth of Bryanston is hanging on Eskom's ability to supply sufficient electrical power to support its growing population, which is snapping up well-priced homes and subdivisions almost as they come on to the market.
Mossel Bay a top spot this summer
21 Dec 2007
Mossel Bay, a perennial favourite among holidaymakers, is expecting a bumper holiday season – in no small measure because the picturesque seaside town has recently been named "Town of the Year".
Proposed act to hit developers
21 Dec 2007
The property development industry, already slowed down by the new Credit Act, will be put further "under siege" if the latest proposals by the National Home Builders' Registration Council and the Department of Housing's "inclusive housing policy"...
Proposal to extend CT CBD footprint
21 Dec 2007
An ambitious proposal by the Cape Town Partnership to extend the central city to encompass all land within a 10km radius of Table Bay would, if adopted, have far-reaching effects for home-owners.
Christmas trees through the ages
21 Dec 2007
For all its modern-day popularity and cheer, however, the Christmas tree has had a somewhat bumpy ride through the ages. By Ingrid Smit
Cope with home renovation chaos
22 Dec 2007
No matter how well executed they are, home renovations are bound to upset your daily routine, and unless you are well prepared for the disruption it can really sour your appreciation of the finished project.
Coastal property prices stay weak
24 Dec 2007
South African coastal property prices remain weaker than the more primary-residence-driven non-coastal properties, new data showed recently. I-Net Bridge
Improving SA's 'green' footprint
24 Dec 2007
Mixed-use, new urban developments, such as vibrant Melrose Arch, can reduce energy consumption and carbon emissions, explains Gauteng Regional Director for Amdec Property Development, Nicholas Stopforth.
Distinctive Newlands home for sale
24 Dec 2007
A beautifully restored Cape Town property - first built as a brewery and in 1929 converted into a residence of distinction by the internationally acclaimed South African artist, Robert Gwelo Goodman (1871-1939), is currently being marketed...
Crime fuels demand for complexes
24 Dec 2007
Recently-released crime statistics by the South African Police Service, which show that robberies at residential premises are on the increase, are likely to fuel demand for communal living.
Dbn's Boland Bank sold for R53m
24 Dec 2007
Boland Bank House in Durban's CBD has been sold for R53 million following a R5 million renovation.
Intaba re-sales hit R47m
27 Dec 2007
Just under 30 re-sales with a value of close to R47m have already taken place at Intaba, the R150m residential complex in Claremont, Cape Town.
Property group expands into Qatar
27 Dec 2007
Sotheby's International Realty Affiliates LLC – with whom local property company Lew Geffen Sotheby's International Realty is affiliated - has announced that its real estate services will be available for the first time in Qatar with the opening...
Pta flats 'good for investors'
27 Dec 2007
With the economy tightening up, the residential rental market is expected to grow in 2008. A new apartment complex in Pretoria's CBD offers investors a good package deal.
Leisure properties gain popularity
27 Dec 2007
As the 2010 Soccer World Cup approaches, South African buyers are demonstrating an increasing appetite for acquiring well-located guesthouses, particularly in the Western Cape.
New Village centre for Hout Bay
27 Dec 2007
The new Mainstream Shopping Centre in Hout Bay is becoming a major hub of retail activity through to Camps Bay and Clifton.
'Get out of expensive investments'
28 Dec 2007
In a property market that is unlikely to show appreciable growth in the short term, investors may want to consider exiting increasingly expensive properties and reinvesting in new markets that will come online in the near future.
SA needs incentives to save energy
28 Dec 2007
South Africa could take a leaf out of the UK property market by introducing incentives to encourage energy saving in homes.
Ongoing demand for CT complexes
28 Dec 2007
Over R580 million in new residential development units have been sold over the past year in the Western Cape metro areas alone.
Grinaker-LTA wins building awards
28 Dec 2007
Building contractor Grinaker-LTA netted two awards at the prestigious Construction World Best Projects competition.
Rooihuiskraal prices still rising
28 Dec 2007
Rooihuiskraal, an up-and-coming suburb of Centurion in the south west of the Tshwane metro, is bucking current property market trends with increases in home values averaging around 15% a year.
R25m for Plett beachfront plot
31 Dec 2007
A vacant stand on Plettenberg Bay's famous Robberg Beach has recently been sold for a record R25 million.
Huge stands at new JBay estate
31 Dec 2007
Serene country living can be found at the new Mvubu River Reserve in Paradise Beach, about 5km from Jeffreys Bay in the Eastern Cape.
PUT investors look at debt levels
31 Dec 2007
The latest interest rate hike has prompted potential investors to take a further closer look at debt levels among South African listed real estate companies.
New CT hotel will preserve history
31 Dec 2007
In an affirmation of the continued success of Cape Town CBD's rejuvenation, Eurocape is constructing a five-star luxury hotel on the corner of St George's Mall and Wale Street.
What does 'Voetstoots' really mean?
31 Dec 2007
In South Africa there is a standard Voetstoots clause which states that the buyer is buying the property "as it stands", in other words with defects and all. This is unlike the United States and the United Kingdom, where home inspections are the...
newsletter

Get the latest property news

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.

Latest properties for sale in South Africa

Property for sale in Gauteng
Property for sale in Western Cape
Property for sale in KwaZulu Natal
Rest of South Africa
Copyright © 2025 Property24
Download the App
Loading