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Articles published in January 2008

 
R170m sales at Royal Jozini
02 Jan 2008
The sales at Royal Jozini Big Six in Swaziland got off to a flying start at the launch late last year.
R8m for mansion on KZN south coast
02 Jan 2008
A magnificent mansion 145km in Southbroom south of Durban is currently on the market. The area is considered the "Umhlanga" of the South Coast.
Melkbosch Village selling phase II
02 Jan 2008
The R320m Melkbosch Village development on the Cape West Coast is now selling phase II.
JBay Jubilee Lakes sell up a storm
02 Jan 2008
Since its launch on 23 November 2007, the R1,8 billion Jubilee Lakes development in Jeffreys Bay has recorded sales of nearly 80 percent for its first four phases. By Ingrid Smit
South Coast offering good value
02 Jan 2008
Margate, Pennington and Scottburgh are among the KZN South Coast locations offering good value right now.
What you need to know to buy a repo
02 Jan 2008
In the wake of all the interest rate increases over the past year, the number of Properties in Possession (PiPs) is starting to rise and attract the attention of homebuyers in search of a good deal.
Pets can be drawback when selling
02 Jan 2008
Many people feel that a home without a pet is just a house, and are happy to let their four-legged friends roam their residences unrestricted – but a pet-soiled home can put off potential buyers.
Listed property draws foreigners
03 Jan 2008
An international conference held in November bodes well for the local listed property sector, judging by the interest expressed by international investors.
Kalahari property in demand
03 Jan 2008
Homes as well as farms in the Kalahari are attracting increasing interest.
R700m new business for Tiber Bonvec
03 Jan 2008
Johannesburg-based construction firm Tiber Bonvec has committed to three projects in and around Jo'burg's commercial and financial nodes, amounting to over R700m in new business opportunities. By James Monteiro
Buying a holiday home
03 Jan 2008
Location is not the only factor in holiday home decisions.
New Zimbali resort launched
03 Jan 2008
Kauai, the new development at Zimbali Coastal Resort, was successfully launched at an exclusive event held at the resort in December.
R500m mixed-use complex for CT
04 Jan 2008
The newly-renamed MontClare Place, Cape Town southern suburbs' largest mixed-use development, will come onto the market less than a year after Growthpoint acquired the former Paramount Towers in the city's Claremont node as part of its purchase...
Cape heritage home for sale
04 Jan 2008
A Joostenbergvlakte property currently for sale features historical cottages from turn of the century for flexible lifestyle options.
Investors target booming Saldanha
04 Jan 2008
The residential property market in Saldanha Bay is booming thanks to increased demand stimulated by industrial development.
Hotel group invests in Waterberg
04 Jan 2008
An international hotel group has acquired a stake in the Legend Golf & Safari Resort located within the greater Entabeni Game Reserve in the Waterberg Biosphere.
Fractional options in Hermanus
04 Jan 2008
Hermanus' first luxury self-catering boutique hotel is considering offering fractional opportunities to investors.
Kuils River homes from R470k
07 Jan 2008
A further 82 homes have been released for sale in the Western Cape's first integrated residential development, the award-winning Stellendale Village at Kuils River.
Property picks for 2008
07 Jan 2008
The outlook for property in 2008 is still sound with some real investment opportunities for those prepared to do their homework.
SA buyers grab 48% of Eden Island
07 Jan 2008
The Eden Island development in the Seychelles, where much of the management and 48% of the buyers to date are South African, has now notched up US $180 million in sales.
R25m in leases for trendy CT area
07 Jan 2008
Leases to a total capital value of R25 million have been concluded in The Hudson, a recently completed prestigious new building well positioned in Hudson Street in the highly sought after and trendy De Waterkant area of Cape Town.
Amdec expands industrial portfolio
07 Jan 2008
Amdec Property Development has acquired two adjacent light industrial buildings superbly located in the established, secure Kyalami Business Park in Gauteng. The market value of Amdec's investment is in excess of R25 million.
Upgrade for Balfour Park Centre
07 Jan 2008
Balfour Park Shopping Centre, situated on the corner of Athol and Johannesburg Roads in Highlands North, is set to undergo an upgrade and refurbishment commencing in February 2008.
Agents must clarify who pays VAT
07 Jan 2008
One of the most common mistakes made by estate agents is to neglect to make it clear whether or not VAT is payable by the seller of a property.
Nigel in demand for young families
07 Jan 2008
Residential property in Nigel on the Far East Rand is in big demand among out-of-towners who are discovering good value.
New Umhlanga suburb approved
08 Jan 2008
Confirmation was received last month that KZN's eThekwini Municipality has approved the development framework plan for the new Umhlanga suburb of Ridgeside.
36 secure homes at Lake Michelle
08 Jan 2008
36 stands are being developed at Lake Michelle in CT's Noordhoek.
Rondebosch Oaks phase 1 on stream
08 Jan 2008
Phase one of one of the fastest selling developments ever launched in Cape Town, Rondebosch Oaks in Rouwkoop Road, Rondebosch, is now nearing completion. Buyers were expected to take transfer in December 2007.
Benmore 'quieter' than Sandton
08 Jan 2008
Benmore is enjoying the knock-on effect of the massive amounts of development taking place in and around Santon's commercial zones. Relatively hidden from the residences of Parkmore and homes situated closer to Sandton Drive, the area enjoys a...
Queenstown a thriving economic hub
08 Jan 2008
The recent opening of Queenstown's first casino on 15 December will further underpin its status as a thriving economic hub and accordingly an increasingly good investment option for property investors.
Institute gets global recognition
08 Jan 2008
International accolades are coming in thick and fast for the Institute of Estate Agents (IEASA) – among them the election of an IEASA representative to the executive committee of the International Consortium of Real Estate Associations (ICREA)...
It is now firmly a buyers' market
08 Jan 2008
The residential market has definitely slowed and it is now firmly a buyers' market, says Rob Downey, sales manager of Property World, the specialist on-site agents at Century City.
Welkom to become retirement mecca
08 Jan 2008
The Welkom property market offers arguably the best value in South Africa right now and with homes available from as little as R250 000, its appeal for the retirement market is growing.
CT disposes of municipal land
09 Jan 2008
The City of Cape Town is, for the first time, disposing of municipal properties by way of a programme aimed at stimulating economic development.
Jhb Parks snag big awards
09 Jan 2008
Johannesburg's City Parks bagged more awards than any other city at an international greening competition organised by the United Nations late in 2007. By Emily Visser
REIT discussion paper hot news
09 Jan 2008
SA is moving closer to adopting the internationally accepted Real Estate Investment Trust (REIT) structure with the publication of a discussion paper on the issue.
Knysna property on the rebound
09 Jan 2008
In line with other popular towns on the Garden Route, the property market in Knysna is staging a comeback.
New life for Karoo's Uniondale
09 Jan 2008
Uniondale, the small Karoo town arguably best known for its resident ghost, is experiencing a revival thanks to renewed interest from property buyers who savour its peace and quiet.
Bloem buyers pay for secure living
10 Jan 2008
Steady sales in Bloemfontein's exclusive Woodland Hills Lifestyle Estate, where home packages cost an average of R2 million, shows that there is no shortage of buyers who want and have the means to pay for secure, upmarket living.
Country feel at Garden Route estate
10 Jan 2008
A new lifestyle estate on the Garden Route has been designed to offer a lifestyle in a country atmosphere.
School hall backlog project
10 Jan 2008
In a programme that started only four years ago, 17 school halls for children in have been built or are under construction as part of a social investment pledge by Garden Cities.
Sort the duds from the diamonds
10 Jan 2008
Buying in a new development is popular but it can be risky. Here are five questions to help you sort the duds from diamonds.
How to make sure of a sale
10 Jan 2008
Selling a home is always nerve-wracking, and especially so when the market slows, inventories increase and buyers have more time and more choice.
Sect. title rating coming soon
11 Jan 2008
Thousands of sectional title properties will soon be rated individually by municipalities across the country – and this is good news for diligent owners of such properties.
House price growth lowest in 7 yrs
11 Jan 2008
Growth in house prices in the middle segment of the market slowed to a nominal 11.2% year-on-year (y/y) in December 2007 — the lowest price growth since December 1999, when it was 9.3%, the Absa House Price index showed on Thursday. I-Net Bridge
Cheaper homes for CT
11 Jan 2008
Affordable housing delivery in Cape Town for people in the middle income group reached a milestone in November when the city released land to three major banks under a co-operation agreement.
Record prices at Winelands estate
11 Jan 2008
Despite the recent down-turn in the property market, an exclusive Stellenbosch golf estate is achieving record prices, with values expected to increase further in 2008.
SA gets its own Black DIY-Diva
11 Jan 2008
A local DIY website has taken the BEE step and appointed a black DIY specialist. As the next step towards growth and development, Home-Dzine.co.za recently announced the arrival of Nancy Muchangwa as partner-in-DIY.
Buy-to-let set for recovery
14 Jan 2008
All indications are that buy-to-let owners will be able to pass on double-digit rental increases to tenants when leases come up for renewal in 2008, signalling a welcome change for many landlords who have seen very little - if any - rental growth...
Cape apartments at all time high
14 Jan 2008
Demand for sectional title apartments in the Sea Point / Green Point area is now at an all time high, say agents serving the area – but there are very few sellers and, therefore, a serious shortage of stock.
Green building starts with design
14 Jan 2008
Global warming, an increasing world consciousness on the impact humans are having on the environment and national electricity issues have forced developers to start thinking and building green.
SA enjoys high property standards
14 Jan 2008
South Africans still enjoy an exceptionally high standard of living in property terms compared with their European counterparts, notwithstanding the fact that values have virtually doubled in recent years.
Commercial property takes good turn
14 Jan 2008
The last four years have seen the commercial property market galloping ahead in terms of capital growth, with buyers aplenty and sellers few.
SA cement sales up by 6,6% in '07
14 Jan 2008
South African cement sales grew by 6,6% in 2007 to a record 14,124m tons, data supplied by the Cement and Concrete Institute showed on Friday. I-Net Bridge
Refinishing sanitaryware
14 Jan 2008
If your bathtub or sink is starting to look a little old and is no longer in such good condition then refinishing it may help to increase the value of your home by improving the look of the bathroom. By Janice Anderssen
Suburban shift boosts Pta North
14 Jan 2008
Property sales in Pretoria North are ticking over steadily thanks to sustained demand among buyers moving from townships to the suburbs.
ER suburb sales down, but values up
14 Jan 2008
Recently, the average price in Boksburg's Beyers Park has been increasing: where 2001 had an average price of around R262k, 2003 showed an average price of R425k and 2005 of R484k.
Boksburg: Huge freehold disparities
14 Jan 2008
A strong disparity exists among freehold properties in the suburb of Boksburg proper, situated within the greater Boksburg area. By James Monteiro
CT's northern suburb market slows
15 Jan 2008
The robust Cape Town north market has lost some of its sparkle – albeit only briefly – in the wake of the last two interest rate increases.
ER suburb's rentals 'very active'
15 Jan 2008
An increasing demand for affordable property is creating a healthy rental market in the suburb of Marais Steyn Park in Edenvale.
Budget before you buy-to-let
15 Jan 2008
Investment property can yield healthy returns – but investors should budget properly for the ongoing costs of ownership in order to calculate the real returns they can expect.
Don't overspend on your property
15 Jan 2008
Home décor and DIY expert Janice Anderssen says if you don't want to move but simply don't have enough space, or dislike the layout.
Buying a 'fixer upper'
15 Jan 2008
For some home buyers the challenge of buying and renovating an older home can be very appealing and an opportunity to save money or make a tidy profit when it comes to selling. By Janice Anderssen
Sellers should be realistic in '08
15 Jan 2008
Property sellers will be obliged to be realistic about their asking prices in 2008 as a rampant buyers' market will hold sway for much of the year, with at least one and possibly two more interest rate increases in the pipeline.
Sellers: Beware of time extension
15 Jan 2008
Sellers are often unable to sell to a genuine buyer because another agent has been able to benefit from a fine print clause allowing the initial purchaser to make use of an automatic time extension in the suspensive clause to procure the bond.
Constantia demand remains strong
15 Jan 2008
The Cape property press has recently run stories from at least four estate agencies reporting that demand for Constantia residential property remains high and any Constantia home priced correctly will sell fast.
Residential boom in Shelley Beach
15 Jan 2008
Phenomenal growth has been experienced in the Shelly Beach area with an increase in the number of residential developments being marketed in the area.
Access benefits Midrand project
16 Jan 2008
Convenient access to the main routes between Pretoria, Johannesburg and Midrand is attracting a wide range of buyers to a new Midrand development.
Jhb rentals pitched to soar
16 Jan 2008
Buy-to-let investors in the country's premier economic hub can savour prospects of escalating double digit rental increases to their investments, particularly as Johannesburg struggles with its supply of rental stock, statistics released in the...
Locals rule in CT southern suburbs
16 Jan 2008
Cape Town's Southern Suburbs have been seeing more large sales during the last year compared to last, and that most of them are going to local buyers - Capetonians at that.
FNB: Less spent on big renovations
16 Jan 2008
Homeowners are spending less on major property improvements and renovations in the fourth quarter of 2007 compared with the same period in 2006, the FNB Residential Property Barometer showed on Wednesday. - I-Net Bridge
Technology aids Toti buyers
16 Jan 2008
Buyers from the UK, Scandinavia and other cold climes are a recognised and growing presence in the Amanzimtoti real estate market and the main reason is the Internet.
Bright ideas for homeowners
16 Jan 2008
It's so easy to make your home more appealing, all it takes is the flick of a switch! Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>Janice...
Jhb Fairland draws young investors
16 Jan 2008
Fairlands' massive plot sizes, anywhere in the region of 3,000 sq m, are highly priced. Nevertheless, young investors are taking advantage of the lower priced clusters and townhouses, which do "have good returns for investors". By James Monteiro
Bargains left in West Rand suburb
16 Jan 2008
Although house prices in Little Falls have reached a peak, there are still bargains.
Vredenburg property market buzzing
16 Jan 2008
The West Coast town of Vredenburg is booming and has in the past year notched up nearly twice as many property registrations as the combined figure for neighbouring Saldanha and Langebaan.
Springs suburb offers affordability
16 Jan 2008
The suburb of Dersley in the mining town of Springs has a comparatively normal property market for this area. By Bavani Naidoo
Residential rents increase quickly
17 Jan 2008
Residential rents are moving inexorably upwards, with the Trafalgar rental index for December 2007 to 136,5, a 9% increase on December 2006 and up from a 6,4% rise in 2006.
Historic Jhb building demolished
17 Jan 2008
A dispute has broken out over the demolition of an historic Joburg site – one of the city's early steam-driven industries – that dated back to 1902. By Lucille Davie
Gansbaai drawing new investors
17 Jan 2008
Gansbaai, the small Western Cape coastal town that is known as the 'Big Two capital of the world' thanks to the great white sharks and whales off its coast, is drawing new property investors.
R9,75m Bishopscourt home on market
17 Jan 2008
One of the few truly modern homes in Bishopscourt has come onto the market – at a price of R9,75m.
Non-residential property unraveled
17 Jan 2008
Set to answer the all-important question of "where to invest?" in non-residential property in nine major South African cities, a property tool revealed both the best areas for investment as well as the worst in both office nodes and industrial...
Office sector will bloom in 2008
17 Jan 2008
There is a growing consensus among industry experts that the office sector will outperform the industrial and retail sectors in 2008 because it is less sensitive to interest rate fluctuations and due to a shortage of office vacancies.
Lifestyles keep youth from buying
17 Jan 2008
It's not only high property prices that are preventing young people from entering the property market. - Sake24
The buyers are waiting, but . . .
17 Jan 2008
Sizwe Nxedlana, economist for Standard Bank, recently wrote that Standard Bank's median house price index has moderated to 6,5% year-on-year (y/y) in November following the relatively strong growth of 10,2% y/y recorded in October.
How to invest in vacant land
18 Jan 2008
There is more to investing in property than just buying rental units, like to buy vacant land and wait for value growth.
New architectural style at estate
18 Jan 2008
A new architectural style has been created to complement the unique Highveld landscape that forms the backdrop to a new lifestyle estate in Johannesburg.
Fully let because of office demand
18 Jan 2008
The strength of demand for A-grade offices in the Cape Town CBD has been underscored by the fully let sign going up on a city high-rise where almost a third of the space was vacated by a major tenant last year.
CT harbour upgrade underway
18 Jan 2008
Work has started on the R4,2bn upgrade of Cape Town's container terminal. By Michael Hamlyn, I-Net Bridge
Home builders to feel heat in '08
18 Jan 2008
If the Reserve Bank needed further evidence of the dampening impact of higher rates on real economic activity, recent building data have been just that, according to independent economic analysts. By Evan Pickworth, I-Net Bridge
How to make an offer to purchase
18 Jan 2008
Making an offer on a property is a legally binding agreement and many factors need to be taken into account. Cape Town CBD expert helps...
Don't dump your property on market
18 Jan 2008
Homeowners should not be panicked into selling their properties if they are feeling the interest rate pinch.
Value in CT suburb's small houses
18 Jan 2008
Exceptional value is now to be found in many small homes in the Capricorn area of Muizenberg.
Plettenberg Bay market perks up
18 Jan 2008
The property market in Plettenberg Bay, one of South Africa's premier holiday destinations, is perking up.
Shelly Beach has investment value
21 Jan 2008
The residential property market in Shelly Beach on the KZN South Coast now offers bargains for investors with cash to spare.
Good jobs aid property market
21 Jan 2008
A positive employment outlook is always good news for the property market, and the South African job prospects for 2008 are excellent.
Could house prices crash in 2008?
21 Jan 2008
The sharp slide in property sales in recent months coupled with the prospect of yet a further interest rate hike next month, has raised the prickly question of whether house prices could actually fall this year. By Joan Muller
Not all doom and gloom in E-Cape
21 Jan 2008
Eastern Cape property experts predicts: it's not all doom and gloom. By Mariana Martin
December house price growth flat
21 Jan 2008
South African median home prices were flat in December last year after moderating to 6,5% year-on-year (y/y) in November from 10,2% y/y growth in October, the Standard Bank's property gauge showed on Monday. I-Net Bridge
Property tops investor wish list
21 Jan 2008
Residential property is the asset most South Africans would buy into if they had R1m to invest, a new poll showed on Monday. I-Net Bridge
CT office park construction starts
21 Jan 2008
Construction has started on an office park development adjacent to the Eastern Boulevard in the city bowl in Cape Town.
These CT building owners in trouble
21 Jan 2008
In spite of inner city revitalisation, some buildings are in such a state of dilapidation that the city intends taking legal action to force owners to renovate them. By Peter Luhanga, West Cape News
Queenstown market holds up well
21 Jan 2008
The property market in the Eastern Cape town of Queenstown has shown consistently good growth over the past three years and is holding up very well in the face of the current credit squeeze.
Coastal Bill more sensible
22 Jan 2008
The proposed Integrated Coastal Management Bill provides a far more sensible solution to the question of foreign investment in South African property than the report recently presented to Cabinet on the development of policy on foreign land...
Tips to let well in CT's Parklands
22 Jan 2008
Parklands is the most rapidly growing area in the Western Cape, offering some of the most affordable investment buys and around 454 apartment blocks.
Affordable housing to be bolstered
22 Jan 2008
A South African mortgage lender and the Development Bank of Southern Africa (DBSA) will sign a memorandum of understanding on Friday January 25 that will see the construction of a number of country-wide, affordable housing projects.
Burgersfort gets new eco-estate
22 Jan 2008
Demand for housing in Burgersfort in Limpopo Province is expected to hit 7,500 in the short-term and as many as 20,000 within the next 10 to 15 years.
Power cuts good for property?
22 Jan 2008
While the energy crisis being experienced by the country will be negative for the economy and thus negative for property it might prove to be a "double-edged" sword in that it might be negative for property development but positive for property...
Premium offices exceeding demand
22 Jan 2008
The best rental returns are to be found in the office sector this year, with experts confident it will outperform both its retail and industrial counterparts. By Bianca Silva
Civil construction confidence up
22 Jan 2008
The FNB Civil Construction Confidence Index recovered notably during the fourth quarter of 2007 after the relatively sharp drop experienced during the third quarter, the index showed on Monday. I-Net Bridge
Scrapbook your home's décor & design
22 Jan 2008
One of the most exciting – and sometimes daunting – experiences for those moving into a brand new property is deciding upon the style and décor for your new home. To start the process, create your own personalised décor scrapbook.
Modderfontein not stuck in the mud
22 Jan 2008
The suburb of Modderfontein IR35 to the west of Edenvale has an extremely active property market. By Bavani Naidoo
NZ property ownership: The basics
23 Jan 2008
Whether you are planning to move to New Zealand or just to invest there, this article proposes covering the forms of property ownership, immovable as opposed to moveable property. By George Deeb
Alex renewal being bolstered
23 Jan 2008
Houses in Extension 7 are going up 50 at a time, and when the area is completed at the end of February, some 1,407 houses will be occupied by former shack dwellers. By Lucille Davie
Firm buys 3 prime CT properties
23 Jan 2008
A recently relisted South African property investment and development company has acquired three additional prime properties in Cape Town for a total of R70m. I-Net Bridge
St. Francis project draws investors
23 Jan 2008
Out-of-town buyers and investors alike are showing keen interest in a new St Francis' lifestyle development.
Office/industrial boom to continue
23 Jan 2008
According to First National Bank property strategist John Loos there will be a divide in 2008 between the performance of retail property on the one hand and industrial/office space on the other. By Kara Michaels
CT 'apartment hotel' for filming
23 Jan 2008
Leading South African property developer the Nova Group announced recently that it has begun construction on an exclusive apartment hotel that will provide short term accommodation for the film industry in Cape Town's fashionable Sea Point area.
Setting the stage at home
23 Jan 2008
In the United States and United Kingdom home staging is gaining increasing popularity, and not only for selling a home.
Select your tenants well
23 Jan 2008
The growth in the residential buy-to-let market has seen a marked increase in the number of people asking for advice on how to handle recalcitrant, non-paying tenants.
Newcastle property market growing
23 Jan 2008
Newcastle's already-thriving economy is set for additional growth after pre-feasibility studies by the local municipality identified a number of new opportunities in its coal mining sector late last year.
Find a green sanctuary in Jhb
24 Jan 2008
Far from being a dusty, concrete-filled city, Johannesburg is filled with leafy trees and has dozens of spacious green lungs. By Emily Visser
SAPOA sheds lights on power issue
24 Jan 2008
Property development is being severely hampered as load-shedding continues, and the South African Property Owners Association (SAPOA) is ramping up its efforts to lobby the City for answers, in the interests of the commercial and industrial...
Debt defaults could rise by 30%
24 Jan 2008
Debt defaults are projected to rise by 30% this year, according to Luke Doig, senior economist at Credit Guarantee Insurance Corporation. I-Net Bridge
Springs remains property hot spot
24 Jan 2008
With vacant land available for development, coupled with convenient accessibility to major routes across the East Rand, the burgeoning area of Springs in Gauteng is rapidly becoming increasingly popular among property developers and home buyers.
Gansbaai holiday unit on sale
24 Jan 2008
A holiday apartment at De Kelders - a brand new corner unit with balconies in a secure block – is currently on sale.
CT backs film city with R30m
24 Jan 2008
Cape Town city council is making R30m available to restart the development of the Dreamworld film city project, which is still expecting to turn the eastern suburbs of Cape Town into a southern hemisphere Hollywood. By Michael Hamlyn, I-Net Bridge
Don't delay after overpricing
24 Jan 2008
The best time to reduce the price of any home up for sale is as soon as you realise that you have over-priced it.
Good houses, prices in ER suburb
24 Jan 2008
Surrounded by the suburbs of Birchleigh and Birch Acres, Norkem Park is easily accessible from O.R. Tambo International Airport.
New rental product curbs defaulting
25 Jan 2008
Two young Johannesburg businessmen have conceived a concept to minimise the risk of those wishing to invest in the South African residential property market.
Modern Bishopscourt home on sale
25 Jan 2008
The last decade has seen a marked change taking place in the Bishopscourt residential marketing scene.
Affordable housing contract signed
25 Jan 2008
South African banking group Absa (ASA) and the Development Bank of Southern Africa (DBSA) have signed a memorandum of understanding (MOU) that will see the construction of a number of countrywide, affordable housing projects, infrastructure...
New chief for Liberty Properties
25 Jan 2008
Samuel Ogbu, Old Mutual's head of large corporate business, joined Liberty Life on Thursday as chief executive of Liberty Properties. I-Net Bridge
Property24's print publication ends
25 Jan 2008
Property24's print publication has been discontinued.
Building inflation slows to 4,7%
25 Jan 2008
South Africa's residential building costs inflation slowed to 4,7% y/y in the fourth quarter of 2007 from the revised 10% in the third quarter, and well down from the 38,8% peak reached in the third quarter of 2006, new data showed on Thursday....
Get rid of clutter
25 Jan 2008
Start 2007 by cleaning out the clutter in your home. Property24 shows you how to get organised. By Debbie Askham
Keep it simple for a quick sale
25 Jan 2008
Fancy buying that unique house with the perspex dome for a roof so that you can watch the stars at night?
Home demand rises in Dullstroom
25 Jan 2008
In recent years the picturesque area of Dullstroom and its scenic surrounds has experienced a dramatic increase in demand for homes, particularly among those seeking leisure or getaway properties located in a tranquil environment.
Diversity is Jhb Mondeor's strength
25 Jan 2008
The garden suburb of Mondeor in Johannesburg has emerged as a microcosm of the "new South Africa" with a cosmopolitan population and a wide choice of residential property types and prices.
Clifton bungalow on market for R40m
28 Jan 2008
A recently-built Clifton bungalow has now come on to the market for R40m.
Property fund's distribution up
28 Jan 2008
The listed property fund Redefine's distribution for the quarter until November was 13,3c per linking unit, 12,7% higher than the distribution for the same period in 2006. By Elma Kloppers, Sake24
Good sales at WC equestrian estate
28 Jan 2008
A new equestrian estate on the Cape West Coast is due to launch next week.
Bloubergstrand home on auction 5/2
28 Jan 2008
A home which is situated on a prime north facing site in Bloubergstrand is to go on auction on site at 11:00 on Tuesday 5 February 2008.
Kitchens come out of the closet
28 Jan 2008
Aside from their obvious attraction, being where dinner is prepared, kitchens generally get a bit of a bad rap. By Neill Hurford
NCA hurts entry-level in Dbn suburb
28 Jan 2008
While Westville's entry-level market is being driven by predominantly local buyers, its middle- market is benefiting from people on transfer from other parts of the country who are shopping in the R1,5m to R2m price range.
Demand up in Benoni suburb
28 Jan 2008
The majority of suburbs in and around Benoni have, with regards to demand, either leveled off or decreased. Lakefield in Benoni has gone against such trend lines. By James Monteiro
Don't neglect property insurance
28 Jan 2008
Updating your homeowners' insurance annually will avoid nasty shocks and give you the chance to shop around for the best deal.
Richard Gahagan
28 Jan 2008
As MD of Property24, Richard Gahagan has over 20 years of experience in the South African property industry.
Should you move or improve?
29 Jan 2008
After reading a leading bank's outlook for the property market in 2008, it's no wonder more people are choosing to improve their property.
Advice to beat high interest rates
29 Jan 2008
The soaring interest rates have put a strain on both sellers and homeowners. Here's some advice on how to deal with high interest rates.
M&R to submit power plant proposal
29 Jan 2008
South African construction group Murray & Roberts (M&R) along with its US partner will submit a proposal for the first new nuclear power station in country to Eskom at the end of month, it said on Monday. I-Net Bridge
Mossel Bay landmark offers units
29 Jan 2008
A recently renovated historical landmark in Mossel Bay is now offering units priced from R680k to R1,3m.
SA coastal properties still bargain
29 Jan 2008
While coastal properties in South Africa are comparatively more expensive than their inland counterparts - in line with a worldwide trend - the prices of such properties remain highly competitive by international standards.
R350m expansion for Eastgate Ctr
29 Jan 2008
Liberty Life Properties is to embark on a 350 million rand expansion programme at Johannesburg's Eastgate shopping centre, the company said on Tuesday. I-Net Bridge
R100m construction deal in pipeline
29 Jan 2008
South African construction group Raubex (RBX) plans to buy two road construction businesses for R100m, it said on Monday. - I-Net Bridge
Property buyers getting more value
29 Jan 2008
Under pressure from a softer property market, developers are adjusting their offerings in tune with consumer demands - but need to still get more imaginative.
New sect. title project for CT
30 Jan 2008
A new sectional title residential project is being planned in Cape Town.
Golf estates mushrooming in EC
30 Jan 2008
Golf estate living has become a popular lifestyle choice and with more than 60 golf estates in South Africa, buyers now have a wide range of choices. By Mariana Martin
Overcrowding could be curbed in '08
30 Jan 2008
With apartment and, in some areas, house rentals beginning to show signs of a significant upward move, landlords could in the coming year be in a stronger position to crack down on one of the most difficult of all their problems: the illegal...
Demand drives more EC warehousing
30 Jan 2008
In light of the bullish demand for quality industrial property in the Eastern Cape, additional warehousing is being developed and existing warehouse space refurbished at Kwaford, in Port Elizabeth.
SA firms invited to build park
30 Jan 2008
South African companies are being encouraged to enter a joint venture with Mozambican companies to build two lodges and a campsite in the Great Limpopo Transfrontier Park. By Michael Hamlyn, I-Net Bridge
Survey to help select where to stay
30 Jan 2008
What makes one suburb more desirable to live in than the next? By Joan Muller, Finweek
Extremes doing well in Upington
30 Jan 2008
The strongest demand in this Northern Cape town comes from the extremes of the market: at entry-level and at the luxury end.
Entry into City Bowl more difficult
30 Jan 2008
With entry level property prices in Cape Town's City Bowl having doubled since 2004, those who bought three years ago are likely to be sitting pretty.
2010 fuels demand for rental homes
31 Jan 2008
Demand for rental accommodation has picked up dramatically and is being fuelled in part by corporate lettings linked to 2010 infrastructure projects.
Polokwane's status aids property
31 Jan 2008
Polokwane's property market is a hive of activity with mushrooming new developments underpinning the residential segment.
Solid economy will stabilise market
31 Jan 2008
A solid economy will keep the property market on an even keel in 2008, despite higher interest rates, fuel and food prices.
Mines benefit Rustenburg market
31 Jan 2008
Increased activity at the platinum mines surrounding the North West city of Rustenburg has seen the number of residents double in the past five years.
The Jhb fort gets a facelift
31 Jan 2008
Restoration of Johannesburg's heritage is an ongoing project around Constitution Hill. By Lucille Davie
Three developments coming to G'teng
31 Jan 2008
Two new residential developments and one retirement village are on the table in Gauteng.
Group buys new KZN boutique hotel
31 Jan 2008
A luxury hotel group acquired a new boutique hotel on the KwaZulu-Natal coast. By Gerhard Mulder, Sake24
24-hr inspection window for buyers
31 Jan 2008
In times of difficulty, Inspector Gadget always pulled something out of his hat, sock, hand, or head…tools that often meant the difference between succeeding and conceding. Having the right tools can also make the difference between success and...
Banks to finance affordable houses
31 Jan 2008
MD of Property24 Richard Gahagan believes South Africa has a responsibility to the lower income groups to try and stimulate home ownership.
Biography – Warren Jack
31 Jan 2008
Commercial and industrial specialist, Warren Jack has been a role-player in the property industry for nearly thirty years.
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