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Articles published in March 2009

 
Pretoria's Moot densifies
02 Mar 2009
The Moot area in Pretoria is densifying due to owners subdividing the typically large properties.
PE market bottoming out
02 Mar 2009
Over the past year, Port Elizabeth's property market has flattened out, with buying and selling taking place at much lower levels than previously.
Pta New East has sect. title excess
02 Mar 2009
The new suburbs on Pretoria's eastern flank have an oversupply of sectional title units after prolific development over the last few years.
Tenants' actions are owner's problem
02 Mar 2009
The Sectional Titles Act 95 of 1986 ("the Act") provides that a sectional title scheme's rules shall bind the body corporate, owners of sections and any person occupying a section.
Home price deflation picks up speed
02 Mar 2009
The year-on-year (y/y) decline in the FNB House Price Index continued to gather momentum in February, from a January revised rate of -4,7% to -6,9% last month, the latest FNB house price index released on Monday revealed. I-Net Bridge
Cape rentals boosted these factors
02 Mar 2009
Many would-be first-time homeowners are finding it difficult to enter the market at present, and this is boosting Cape rentals.
Property market to continue falling
02 Mar 2009
Fifty percent of South Africans feel that the property market will continue its downward trend until the end of this year, according to the results of an online survey released by mortgage originators ooba on Monday. I-Net Bridge
SB median house price falls 2%
02 Mar 2009
The Standard Bank smoothed median house price index decreased by 2% y/y in February, following a decline of 3,6% in January, the latest Standard Bank property gauge showed on Monday. I-Net Bridge
Make bedroom ready for romance
02 Mar 2009
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 you how to add some romance to your bedroom before you start cuddling...
House price dip worse than expected
03 Mar 2009
Latest housing data from banks suggests that South Africa's house price crunch is far more pronounced than originally anticipated. By Joan Muller
Mortgage advances growth slows
03 Mar 2009
The year-on-year (y/y) growth in the value of mortgage advances by monetary institutions (the total net outstanding balance on mortgage loans at these institutions) slowed down to 11,9% in January 2009 from 13,2% in December last year, based on...
Second-hand homes 25% cheaper
03 Mar 2009
"Second-hand" homes (i.e. those that have already been occupied for a few years) are still some 25% less expensive than recently built homes of roughly the same proportions.
Facelift for Mitchells Plain centre
03 Mar 2009
A shopping centre in Mitchells Plain is set to be expanded and refurbished at a cost of R300m.
R1,77bn Sandton City upgrade starts
03 Mar 2009
Construction on the first phase of the redevelopment and expansion of Sandton City has commenced.
What land reform shouldn't become
03 Mar 2009
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> tackles the thorny issue of land ownership and reform in Africa in this...
Make garden safe for toddlers
03 Mar 2009
It is healthy for children to play outdoors – both physically to get some sunshine, as well as for their development. Gardens are the ideal place for children to play boisterously, explore nature and let off some steam. By Antonella Dési
What intelligent buyers do
03 Mar 2009
Intelligent buyers take great care never to overstretch themselves financially, always making allowance for interest rate rises within the next decade, even if these seem unlikely at present.
Create trust to save property tax
03 Mar 2009
If you own property, particularly two or three different properties, what is the best way to minimise tax and avoid difficulties in passing these on to your heirs, along with other assets, after your death?
2,000 homes finished at Bfn project
04 Mar 2009
A total of 2,000 homes have already been completed at a development in the burgeoning new suburb of Mandela Park near Bloemfontein.
Opulent One&Only opening in April
04 Mar 2009
The ultra-exclusive One&Only Cape Town will be opening at the V&A Waterfront on 3 April 2009, almost six months early.
Sect. title to be rated differently
04 Mar 2009
July 1 is D-day for all sectional title units throughout the country to be independently rated by the local municipalities.
Buying activity up in Jhb New South
04 Mar 2009
There has been a slight uptick in buying activity in the suburbs that make up Johannesburg's "New South".
Dbn market sentiment improving
04 Mar 2009
After months of "extremely" negative sentiment, Durban's property market appears to be recovering some of its former momentum.
WC project on stream in April
04 Mar 2009
The first handovers at a new residential project in the Western Cape's Melkbosstrand will take place from late April onwards.
Drakensberg resort hotel for sale
04 Mar 2009
A famous Drakensberg resort hotel has come on to the market after 21 years.
Famous model agency gets CT office
04 Mar 2009
A lease has been concluded for world-leading model management agency Elite's first African office, which is to be located in Cape Town.
Is buyer pre-qualified or approved?
04 Mar 2009
A great deal of time and effort is still being wasted by sellers and agents because they do not appreciate the difference between a pre-qualified and a pre-approved buyer.
'Traditional' CT areas doing well
05 Mar 2009
Figures recently released by FNB's economist, John Loos, show that Cape Town's "traditional" residential property areas, particularly the Southern Suburbs and the Atlantic Seaboard, continue to perform well when compared to other parts of SA.
Expats may bolster property market
05 Mar 2009
The global credit crunch may have at least one positive fallout, by encouraging South Africans who have been living abroad to return to the country and in the process provide a degree of stimulus for the property market.
Mid-segment house price down 1,3%
05 Mar 2009
The average nominal price of middle-segment housing dropped by 1,3% year-on-year (y/y) in February 2009 to around R950,800, after declining by 0,9% y/y in January this year.
Young buyers drawn to WC town
05 Mar 2009
The property market in Robertson in the Western Cape's Breede River has seen a buyer influx from young people as well as retirees and overseas investors.
Chances slim of V&A in SA hands
05 Mar 2009
The odds that the V&A Waterfront in Cape Town could be owned by SA property companies are extremely slim. By Elma Kloppers, Sake24
Limpopo to get R1,2bn mall
05 Mar 2009
Limpopo will soon have a 75,000sqm regional shopping in Polokwane after an appeal tribunal held on 15 December 2008 confirmed the land rights.
Reshape small garden with big ideas
05 Mar 2009
A garden does not necessarily have to be large to be beautiful – as long as the space is correctly utilised and a few clever design tricks are implemented, you can create an impressive and inspiring small garden that won't fail to impress. By...
How do attorneys manage deposits?
05 Mar 2009
With banks tightening up on lending, many more purchasers are paying for their properties with cash, or at least part of it in cash, thus making it important for buyers to understand how attorneys manage their money while in trust.
How to vet possible tenants
05 Mar 2009
When looking at a possible tenant for your property, "try very hard to find a reason for not accepting him or her".
Agent numbers cut by almost two thirds
05 Mar 2009
The slowdown in the SA residential property market has cut a swathe of devastation through the ranks of estate agents formerly employed by the industry.
RealNet setting up for future growth
05 Mar 2009
While most real estate companies are currently losing good talent, RealNet is not only retaining all employees, but also adding to its existing management team in order to prepare for the future upswing in the economy.
Century 21 appoints new directors
05 Mar 2009
Century 21 South Africa, the local arm of the world's largest real estate group, has announced the appointment of Colleen Gray and Leonard Dann as the new directors of the company.
Western Seaboard rentals thriving
06 Mar 2009
Expensive beachfront properties on the Western Seaboard are battling to sell with many people opting to rent as opposed to purchasing at present.
SA fractional market maturing
06 Mar 2009
The shared vacation ownership industry in South Africa is maturing well, with leading global vacation ownership brands seeing expansion potential here in Southern Africa.
SA still in global top 20
06 Mar 2009
House prices in at least 35 countries across the globe fell in fourth quarter 2008.
Sandton market under pressure
06 Mar 2009
The Sandton property market, a key indicator of conditions in the upmarket real estate sector, is taking strain.
Randburg market suddenly turning
06 Mar 2009
The Randburg property market is experiencing a sudden surge in activity with enquiries and show-day attendance spiking.
Holiday rentals price-sensitive
06 Mar 2009
The holiday accommodation market is very active - and very price-sensitive - and even the overseas market is price-sensitive.
WC lapsed land use rights restored
06 Mar 2009
The process to reinstate the lapsed use rights of landowners in the province under the Western Cape Land Use Planning Ordinance [15 of 1985, Section 14(2)] has been completed.
'Toti rental market growing
06 Mar 2009
The growing rental demand in Amanzimtoti is mainly from those working in 'Toti and Prospecton as well as those waiting for the market to change before buying.
Buyers should do their homework
06 Mar 2009
A great deal of time and frustration could be avoided in the residential real estate marketing world, if buyers would only do the necessary homework before they start looking at homes to buy.
Even White House's value dropped
09 Mar 2009
If 1600 Pennsylvania Avenue, Washington DC, was on the market, its listing price would have dropped from around $332m in January 2008 to $300m today, according to real estate website Zillow.com.
Development narrowing CT dunes
09 Mar 2009
Property development in Cape Town's northern regions had escalated to such an extent that the coastal dune system has been compromised in its ability to act as a natural buffer system in the event of storm events.
Families boost Somerset West market
09 Mar 2009
The real estate market in the Western Cape town of Somerset West is experiencing a slight upswing largely due to retirees and families from Johannesburg making their appearance.
Sandton commercial project sold
09 Mar 2009
A sale has been concluded for a 20,287sqm commercial office development in the heart of Sandton's financial district.
Building trust in property dealings
09 Mar 2009
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> expresses his quirky views on what is required for estate agents to be...
Dress up your old dresser
09 Mar 2009
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 breathe new life into that dull and uncool dresser that you...
Heat it up
09 Mar 2009
Heating your pool may sound like a costly endeavour, however new advancements in solar heating technology make heating your pool a relatively cost-effective exercise. By Antonella Dési
Advice to help you invest
09 Mar 2009
There are two golden rules to property investing, says a leading property expert.
Property ads offer no guarantees
09 Mar 2009
Descriptions such as "immaculate" or "pristine" in property advertisements hold no guarantees.
Highest price in Dbn area since 2001
10 Mar 2009
A luxury Morningside residence in Durban was recently sold for R8,9m.
Pomfret relocation now a reality
10 Mar 2009
One thousand Pomfret residents are set to receive housing subsidies which will enable them to be relocated to Bray and Tosca. BuaNews
ooba: House prices continue to fall
10 Mar 2009
House prices fell a further 0,7% year-on-year (y/y) in February, according to the latest oobarometer released by mortgage originators ooba on Monday. I-Net Bridge
Credit crunch boosts CT rentals
10 Mar 2009
Discerning buyers in Cape Town are opting to rent first, pushing up demand for quality accommodation and laying the foundation for a buoyant rentals market.
Springs draws home buyers
10 Mar 2009
Springs is showing that it has pulling power for house hunters who are attracted by the space available and value for money that property in the area still offers.
Five-star guest lodge up for sale
10 Mar 2009
A luxurious five-star guest lodge has come onto the market, situated just outside the Overberg town of Stanford in the Western Cape.
Commercial investments perk up
10 Mar 2009
Interest rate cuts have made commercial property investments more attractive, and according to an expert, the market is now ripe for investors looking to increase their exposure.
Stylish windows
10 Mar 2009
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> explores the practicality and cheerfulness of...
Don't lose sleep over mattress
10 Mar 2009
The average human spends up to 27 years of their lifetime asleep on a bed, so would it not be wise to spend a fraction of that time finding out about the different mattresses available and choosing the right one for you? By Antonella Dési
PE gets state-of-art apartment block
11 Mar 2009
Investors in the state-of-the-art Jutland Point apartment block, which will soon tower over much of Port Elizabeth's historical centre, are set to become 'shareholders' of the indigenous valley it will be erected on.
KZN offers lots under R500k
11 Mar 2009
There are some great bargains to be had in KwaZulu-Natal as fewer buyers can afford to buy and others would rather err on the side of caution, biding their time until they feel more confident to enter the property market.
Ownership now easier in Mauritius
11 Mar 2009
Until recently foreigners were limited to purchasing property in golf and beach developments, namely the Integrated Resort Scheme (IRS) of property development, but ownership has now become easier.
Buy it, fix it, sell it
11 Mar 2009
Those investors that are equipped to undertake fast turnaround refurbishments are now perfectly poised to exploit the current market conditions.
Banks – originators = few bonds
11 Mar 2009
The fact that certain banks are outright refusing to accept bond applications from originators is a main reason for approved mortgages being so scarce.
2,186 officials got illegal subsidies
11 Mar 2009
Altogether 2,186 government employees had obtained irregular low-income housing subsidies between 1 January 1994 and 25 April 2007. By Eugene Brink
Aveng headline earnings 43% up
11 Mar 2009
South African construction company Aveng (AEG) on Wednesday reported a 43% increase in headline earnings per share to 244,4 cents for the six months ended December 2008 from 171,4 cents a year ago.
The art of great lighting
11 Mar 2009
To assist consumers in choosing quality light fittings that are beautiful but also appropriate and safe, Antonella Dési speaks to experts from Radiant Lighting and asks them to provide tips on how best to master this art.
Carpet care
11 Mar 2009
Keeping your carpets clean does not only enhance the beauty of your home, but it will also ensure you of a much healthier environment to live in. By Antonella Dési
Bluff enjoys buoyant rental market
12 Mar 2009
The buy-to-let market on the Bluff in Durban has gathered momentum in recent months as strict banking protocols hamper sales.
Big infrastructure boost for WC
12 Mar 2009
The upgrading and building of new infrastructure in the City of Cape Town will be boosted by R325m this financial year.
KZN full of under-R500k properties
12 Mar 2009
A large quantity of properties under R500k has become available in KwaZulu-Natal due to factors such as the National Credit Act (NCA) and stricter bank criteria.
Seek out full-care retire villages
12 Mar 2009
People are living longer so making your money go further is what it's all about in retirement – especially when it comes to property and health considerations.
Regional cement sales down 18%
12 Mar 2009
Cement sales in February in southern Africa were down 18% year-on-year (y/y) to 1,021m tons from 1,246m tons at the same time a year ago, data from the Cement and Concrete Institute showed on Monday. I-Net Bridge
Beware of bad neighbours
12 Mar 2009
Good fences might make good neighbours but bad ones won't be good to your house's value.
Renovated buildings hold risks
12 Mar 2009
Purchasing flats in newly-renovated or converted buildings has as many potential pitfalls as upsides.
Grasp the make-up of mortgage bonds
12 Mar 2009
Because we refer to property related loans as "mortgage bonds", borrowers often confuse the two parts that constitute the whole transaction. By Tess Rodrigues
CC could save members transfer tax
12 Mar 2009
The transfer of shares in a property-owning company is treated differently to the transfer of a membership in a closed corporation.
CBD student accommodation popular
13 Mar 2009
With record numbers of students entering universities this year, demand for student accommodation in central Johannesburg is starting to outstrip supply.
New market spawns new buyer type
13 Mar 2009
The promulgation of the National Credit Act (NCA), the global economic downturn and its impact on South Africa and the demise of the 100 percent-plus home loan have spawned a new breed of buyer.
Upgrade planning before upswing
13 Mar 2009
Local authorities should make use of the lull in the property market to revamp and upgrade their planning departments.
Upper-end prices still rising
13 Mar 2009
While house prices in middle and lower income suburbs continue to fall, upper-end property values are bucking the trend with strong growth still being recorded in a number of South Africa's posh suburbs. By Joan Muller
Cash buyers active in Mossel Bay
13 Mar 2009
Cash buyers are doing the rounds in Mossel Bay as property prices shift down a notch.
South Coast accommodation doing well
13 Mar 2009
During the months of February and March the KwaZulu-Natal South Coast traditionally hosts visitors from Zimbabwe and once again this year this market did not disappoint.
Ground broken at new game reserve
13 Mar 2009
Groundwork has started at a multi-million rand, 4,000 ha game reserve, adjacent to the Kruger National Park.
Commercial project comes to Jhb east
13 Mar 2009
A new commercial project is currently being developed in the east of Johannesburg.
CT to get new commercial sites
13 Mar 2009
Upmarket industrial/commercial suites are to be built on the corner of Railway Road and Station Road in Montague Gardens.
Big brands benefit through consolidation
13 Mar 2009
Sandeman Real Estate and Home News, two of the most respected independent real estate operations on the Atlantic Seaboard have merged their operations with Lew Geffen Sotheby's International Realty.
WC property spin-offs already felt
16 Mar 2009
The right to host the 2010 World Soccer has already had an impact on the South African property market and will continue to do so for four or more years.
Minister assesses Wits renovations
16 Mar 2009
Education Minister Naledi Pandor seemed happy with the progress made with the infrastructure developments at the University of Witwatersrand when she recently visited the institution. By Gabi Khumalo, BuaNews
Property owners struggle with rates
16 Mar 2009
The global economic crisis could have severe implications for municipalities as pressured property owners battle to pay for municipal services. By Caitlin Ross, West Cape News
Sectional title Q & A
16 Mar 2009
Two sectional title experts try to demystify some tricky issues by fielding some reader questions.
Campus to bolster R Bay market
16 Mar 2009
The major new city campus for the University of Zululand – with phase one ready for occupation from January 2010 – is set to provide a boost for the residential property market in Richards Bay.
How to right housing fraud's wrongs
16 Mar 2009
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> unleashes his ruthless streak on the issue of housing subsidy fraud.
Block your walls with colour
16 Mar 2009
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 some fun tips on how to spruce up your walls with colourful and funky...
Don't be Koi with your pond
16 Mar 2009
Koi Carp are relatively expensive and can live for a very long time if they are well looked after. This aside, a Koi pond can add a wonderfully tranquil ambience to your home and offer you hours of viewing pleasure. By Antonella Dési
Residence club launching in Cape
17 Mar 2009
A five-star private residence is launching later this month at the five-star L'Ermitage Franschhoek Chateau and Villas.
Banks more keen to approve bonds
17 Mar 2009
Some banks have been giving assurances that they are now keen to get back into the bond market in a bigger way, albeit on a 90% loan-to-equity ratio.
Top estate homes still selling
17 Mar 2009
Sales are still taking place at the top end of the property market, especially in estates.
Kimberley prison nearing completion
17 Mar 2009
The construction of the new medium security correctional centre at Kimberley is nearing completion.
House prices could fall by 10-15%
17 Mar 2009
SA house prices could plummet by 10% to 15% in nominal terms in the current cycle, shows a new research report. By Elma Kloppers, Sake24
Family homes popular in Langebaan
17 Mar 2009
Entry-level prices in Langebaan now start at around R439k for a 42sqm apartment, while larger apartments and penthouses can fetch around R1,4m.
Pta building on auction 18/3
17 Mar 2009
28 Church Square in Pretoria will be going on auction on Wednesday 18 March 2009 at the Hilton Hotel in Sandton.
Mass property auction in PE 18/3
17 Mar 2009
A record number of properties in and around Port Elizabeth will go on auction simultaneously on 18 March and 23 April.
On the way up
17 Mar 2009
Staircases offer style and functional appeal to any home they grace. Many staircases are located right in front of a home's main entrance, so they are often the first structures to welcome visitors. By Antonella Dési
Rentals buoyant in CT
18 Mar 2009
There's been a considerable drop in the ready availability of rental properties across Cape Town CBD over the last year.
Settling bond early? Then know this
18 Mar 2009
Most homeowners would like to settle their bonds as soon as possible but do not consider the issue of termination interest.
Cape benefits from returning expats
18 Mar 2009
The much-discussed return of South African expatriates from overseas countries hit by the world's economic woes is having a beneficial effect on the Cape property market.
Estate's security goes fibre-optic
18 Mar 2009
An estate in Centurion has installed a fibre-optic network in order to beef up its security and provide enhanced communication abilities.
Low-, mid-price Nigel homes popular
18 Mar 2009
Though buyers' interest in Nigel is primarily focused on the lower and middle price ranges, two recent sales in the R1m-plus sector confirm that there is demand for luxury homes.
Jan build plans passed down 52,4%
18 Mar 2009
The value of recorded building plans passed at constant 2005 prices in South Africa in January fell a whopping 52,4% year-on-year (y/y) from a revised drop of 25,4% (26.3%) y/y in December, data by Statistics South Africa showed on Wednesday. By...
How to waterproof concrete floor
18 Mar 2009
Rob Paddock scrutinizes the issue of waterproofing a concrete floor in case your sectional title unit is flooded.
Sellers should keep equity in mind
18 Mar 2009
When selling a property always keep your eye on your equity, i.e. what you will actually get out of the sale.
Plan ahead for household emergencies
18 Mar 2009
Compiling an emergency plan is probably the furthest thing from your mind if you're currently moving house and have a hundred-and-one details to take care of.
NCA not having desired effect
19 Mar 2009
It is doubtful whether the National Credit Act (NCA), as it is currently being applied, is working as Government intended.
54% of Jhb CBD residents from SA
19 Mar 2009
South Africans – at 54% – make a bare majority of the inhabitants of the Johannesburg CBD, says Andrew Schaefer, managing director of national property managers Trafalgar.
Know risks of letting in 2010
19 Mar 2009
Many South Africans are thinking to cash in on the 2010 World Cup by renting their homes, or part of their homes, to tourists. This, however, increases the risk of loss or damage to one's property.
Foreigners like these Montagu ranges
19 Mar 2009
Montagu in the Western Cape's Klein Karoo is drawing an increasing number of overseas property buyers in the price range between R800k and R1,5m.
Noordhoek plot fetches record R8m
19 Mar 2009
While overall demand for housing has slumped to 20-year lows, there still appears to be plenty of appetite for undeveloped stands in prime coastal areas.
More permanent residents in Hermanus
19 Mar 2009
Six years ago, around 45% of Hermanus's population comprised permanent residents, many of whom were retirees. Today, the coastal town's permanent resident quota has climbed to an estimated 75%.
Low rates won't boost building
19 Mar 2009
The decline in building plans in January occurred across the board, and a major recovery is not foreseen over the course of this year despite lower interest rates. I-Net Bridge
Get big ideas for little room
19 Mar 2009
When designing a new bathroom or remodelling an old one, there are a number of practical considerations that need to be carefully thought out. By Antonella Dési
How to repair home after wildfires
19 Mar 2009
Evacuated homeowners who faced the violent Table Mountain wildfires are returning to their homes, but have to now contend with the smoke and soot.
Measure, move and maximise!
19 Mar 2009
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>JaniceAnderssen</u></a> says if you need to maximise on space in your townhouse or apartment for...
Try these if bond is rejected
19 Mar 2009
There are three alternative routes a prospective buyer can take if a bond application is not successful.
Empowering women in property
19 Mar 2009
Liezel Conradie, National Executive Manager (commercial sector) of wholly black owned property management company, Hermans & Roman Property Solutions (Pty) Ltd, addressed a group of female executives from the property industry at the Women in...
Market opportunities still exist
19 Mar 2009
The difficult conditions experienced in real estate marketing this year have, says Bill Rawson, Chairman of Rawson Properties, exposed those estate agents who have not been giving real service – "and there has been a fair number of them". It has...
Big interest rate drops now vital
20 Mar 2009
At a time when virtually every country in the developed world has reduced its interest rates by about 80%, South Africa is still adopting a conservative, reactionary attitude to rate cuts.
Offices strong in commercial bundle
20 Mar 2009
Offices are currently the least affected among all the commercial property segments in terms of potential oversupply. By Eugene Brink
FNB Build Confidence Index plummets
20 Mar 2009
The FNB Building Confidence Index dropped from an index value of 40 in the fourth quarter of 2008 to 28 in the first quarter of 2009. I-Net Bridge
Make sliding door in a day
20 Mar 2009
I have wanted to add a sliding door to my lounge for a few months, but it took me a while to work out the easiest and most affordable way to do it! By Janice Anderssen
Try these if bond is rejected
20 Mar 2009
There are three alternative routes a prospective buyer can take if a bond application is not successful.
How to get for tax incentives
20 Mar 2009
National Treasury recently released draft regulations relating to tax incentives in support of Government's industrial policy strategy. By Tim Desmond
These Bishopscourt homes in demand
23 Mar 2009
Bishopscourt in Cape Town's popular Southern Suburbs is experiencing an upsurge in demand for entry-level homes – the entry level here being around the R8m to R10m mark.
EL market slowly recovering
23 Mar 2009
Like the rest of the country's property market, East London has felt the pinch in recent times, but fundamentally the city has much to commend it
Why is offshore property a boon?
23 Mar 2009
With the global village fast becoming a reality, it is important to diversify one's asset base and take advantage of other markets.
FNB Property Barometer rises again
23 Mar 2009
The first quarter FNB Residential Property Barometer pointed to further signs of a mild improvement in demand levels. I-Net Bridge
CT commercial property for sale
23 Mar 2009
A full-tenanted Sea Point property that was recently upgraded as a mixed-use commercial building has become available for purchase at R10,95m.
Lots of cash in commercial sector
23 Mar 2009
With equities remaining under pressure after a year in which investors have had to endure a turbulent marketplace, the commercial property market in general remains buoyant with cash investors aplenty seeking the right yields.
Measure, move and maximise!
23 Mar 2009
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:black;"><u>JaniceAnderssen</u></a> says if you need to maximise on space in your townhouse or apartment for...
Keep it in the shade
23 Mar 2009
A properly planted and maintained shade garden possesses a charm all of its own, with quiet harmonies of colour that are so different in character from its sunny counterparts. Many of us view shade as a challenging location in which to grow...
Reforming land reform
23 Mar 2009
Controversial columnist Paddy Hartdegen praises government for its implacable attitude towards unproductive farms.
SA market better off than US sector
24 Mar 2009
South Africa's real estate sector, though subject to some major challenges, is nevertheless better off than its US counterpart, which some experts predict is still to "hit bottom in 2009", before going on to flounder for the best part of 2010.
100% bond for these buyers
24 Mar 2009
For those in the right income bracket and buying at the approved price levels, 100% bonds are still available.
'Rate cut vital to property sector'
24 Mar 2009
The South African Reserve Bank's monetary policy is now hopelessly conservative and a significant drop in interest rates is essential to the property sector in particular.
Deposit demands hit small towns
24 Mar 2009
Homebuyers in many smaller towns are struggling to come up with the hefty deposits now required by banks, and this is depressing local property markets and prices.
Dbn's Westville: Secure is in
24 Mar 2009
There is currently a huge demand for units in secure developments in Durban's Westville.
Development launches in CT CBD
24 Mar 2009
A new 60-unit residential development has launched in the Cape Town CBD and construction is expected to be complete towards the end of 2009.
Find out how rate cut slices bond
24 Mar 2009
Homeowners with a R500k bond will now pay a monthly instalment of R6,093 and those with a R1m bond R11,951 after Tuesday's interest rate cut of 100 basis points. - Eugene Brink and I-Net Bridge
Camps Bay site on auction 25/3
24 Mar 2009
A development site on Victoria Road in Camps Bay will go under the hammer on Wednesday 25 March 2009.
Making scents
24 Mar 2009
The sense of smell triggers memories far more strongly than any other sense. A cool scented garden will fill you with wonderful memories and create a wonderfully romantic environment in which to relax. By Antonella Dési
Paarl apartment block launches
25 Mar 2009
An apartment block with 28 units has recently been launched in Paarl.
Interest in fractions on the rise
25 Mar 2009
General interest in fractional ownership in SA is on the rise, with interest from the UK, USA and Canada showing good growth.
How to ease finance woes
25 Mar 2009
A leading property figure has suggested some remedies for the banks' reluctance to approve mortgage loans.
Owners should be on body corporate
25 Mar 2009
If you own an apartment or townhouse in a sectional title property, make absolutely sure that your body corporate is competent and, if possible, get onto the committee yourself.
Jhb property on auction 26/3
25 Mar 2009
A family home on a 2,000sq m double stand in Johannesburg's Parkview will be auctioned on Thursday 26 March 2009.
No reserve price at this auction
25 Mar 2009
There will be no reserve price set for the auction of two luxury apartments in a new upmarket complex in Bloubergrandt on 7 April 2009.
Design a kitchen to suit your needs
25 Mar 2009
The kitchen is arguably the most important room in your home and with the trend towards complete open plan living, kitchen design takes on mammoth significance: they are incorporated into the very heart of the home and become the living, eating,...
Make occupation arrangements formal
25 Mar 2009
A successful home sale is usually cause for celebration, but a change to the occupational arrangements post-sale can quickly sour relations between buyer and seller.
Comment now on Jhb rates policy
25 Mar 2009
The City of Johannesburg is calling for comments on the <a href="http://www.joburg-archive.co.za/2009/pdfs/draft_property_rates_policy09.pdf" style="color:black;"><u>draft revised rates policy</u></a> and <a...
New survey shows Jhb market carnage
26 Mar 2009
Sales volumes have dropped by up to 100% in some Johannesburg suburbs and home prices have fallen substantially in most parts of the metropole.
What are Atlantic Seaboard's prices?
26 Mar 2009
Entry-level prices on the Atlantic Seaboard now start at R500k for a basic bachelor's apartment in Sea Point, R1,5m for an apartment in Bantry Bay and R1,9m for a bachelor flat in Clifton.
Rand Park golf club gets luxuries
26 Mar 2009
A luxury hotel, a spa and eventually also villas will be built at Johannesburg's biggest golf club, the Rand Park club near the Cresta shopping centre in Windsor Glen. By Marí Pieterse, Wes-Beeld
House price inflation rate drops
26 Mar 2009
The national house price inflation rate dropped -3% year-on-year (y/y) in February, with only the affordable market showing residual strength, the latest Lightstone Property index shows. I-Net Bridge
Vital to maintain stadia after 2010
26 Mar 2009
Retaining the top-class international condition of these sport stadia will be imperative to these assets, in order to maximise their value, says an expert.
1 in 3 in PE is consolidating debt
26 Mar 2009
One in three homeowners in Port Elizabeth with debt problems has taken the debt consolidation course.
WC gives R37,4m for infrastructure
26 Mar 2009
The Western Cape provincial government has committed R37,4m to the construction of a conventional water treatment works, downstream of dams and upstream of the existing reservoir in the Drakenstein municipality for this financial year.
WR average price now R1m
26 Mar 2009
The average selling price for the West Rand in February was just R1m – slightly higher than the preceding months.
Cook in colour
26 Mar 2009
Regardless of whether your kitchen boasts a rustic country style, or whether it is über contemporary, the creative use of colour represents an attractive way of rejuvenating this hard-working, all-important family space. By Antonella Dési
Advice to new estate agents
26 Mar 2009
Two factors, says Lanice Steward, MD of Anne Porter Knight Frank, are causing potential new estate agents to shy away from a career in property selling right now.
400 units launched in downtown Jhb
27 Mar 2009
The wraps are off over 400 new rental apartments in downtown Johannesburg in the old Greatermans building.
Jan sales for Claremont up 30%
27 Mar 2009
January sales in Cape Town's Claremont and surrounding areas were 30% higher than in 2008.
Here are the new investment hotspots
27 Mar 2009
Astute property investors are starting to move into bargain-hunting mode, with real estate prices at five year lows in many countries across the globe, says a report released earlier this week by UK property group Knight Frank and Citi Private...
Cape homeowners should hang tight
27 Mar 2009
Every Cape property owner should hang on to their property investments for another 18 months if they can possibly afford to do so.
Property sales up in rural areas
27 Mar 2009
A property group is reporting sharply increased property sales in its non-metro franchises.
Stilfontein coins with rent demand
27 Mar 2009
Demand for rental properties is surging in and around Klerksdorp and old mine houses in Stilfontein, about 15km away, are being targeted.
Provence your decor
27 Mar 2009
French Provencal-inspired decor is enjoying a surge of popularity – and it is no wonder, it is one of the warmest and most welcoming decorating styles around. By Antonella Dési
Watch these factors if you're buying
27 Mar 2009
Prospective property buyers who need information about the market should keep their eye on a few factors, says a leading property figure.
Atlantic Seaboard prices down
30 Mar 2009
While Atlantic Seaboard properties in the suburbs of Clifton, Bakoven and Camps Bay are still expensive, they have become that much more affordable.
Residential outlook still grim
30 Mar 2009
While flat rentals were unable to show any impressive growth when compared to consumer inflation, the news for the house market remains even bleaker, with no relief in sight for the foreseeable future.
Potch student housing sector booms
30 Mar 2009
In the midst of gloomy reports about property prices falling, a recession looming and investor anxiety growing, the student housing sector in Potchefstroom is doing well.
R9m Dbn bargains abound
30 Mar 2009
If you've got around R9m to spend on something special in the Durban area, you could pick up one several R9m bargains that would fetch up to R14m in a more buoyant market.
Mortgage growth slows slightly
30 Mar 2009
February total mortgage advances growth slowed very slightly from 11,93% year-on-year (y/y) in the previous month to 11,86%. By Eugene Brink
CT CBD property sold for R3m
30 Mar 2009
A double-storey commercial property located at 75 Hout Street – between Strand and Long Streets – in Cape Town's central city has been sold for R3m.
Big CT commercial property on market
30 Mar 2009
A commercial property on a 1,183sq m erf in the new redevelopment zone of Woodstock in Cape Town has come on to the market at R6,1m.
Seize a house, get a life
30 Mar 2009
Controversial columnist Paddy Hartdegen puzzles at the recent illegal occupation of RDP houses in Alexandra.
Get in contact
30 Mar 2009
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> has some unique ideas for creating a central communication area in your...
Get in contact
30 Mar 2009
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> has some unique ideas for creating a central communication area in your...
EC's Oyster Bay increasingly popular
31 Mar 2009
Instead of heading for the usual coastal hot-spots, tourists are now increasingly seeking alternatives among the more remote and less commercialised coastal getaways.
What are your rights with balconies?
31 Mar 2009
When there is a leak in a first floor or higher section, the section below it can be damaged. So what are your rights when your you've suffered such damage?
Tallest CT building gets go-ahead
31 Mar 2009
Cape Town's skyline is soon to change after the green light was given for the erection of the tallest building in the city.
Brits big in this Knysna market
31 Mar 2009
The sales in Knysna's second-hand market have been evenly split between SA and foreign purchasers in February and March.
KZN's Bridge City Mall 80% let
31 Mar 2009
Bridge City Mall, part of a major new precinct rising up in the underserviced Inanda, Ntuzuma and KwaMashu (INK) district of KwaZulu Natal, is more than 80% let.
SA's nominal commercial returns tops
31 Mar 2009
Despite nominal returns on commercial property in SA dropping sharply to 13% in 2008 from 2007's 27,5%, the performance is still the highest in the Investment Property Databank (IPD) indices for all countries published to date. By Eugene Brink
Know before you paint this winter
31 Mar 2009
The living room is usually the area in which the whole family will be relaxing together this winter. So find out which colours will suit it best.
Keep your cool on coastal property
31 Mar 2009
The euphoria holidaymakers feel while enjoying their sun-soaked vacation can result in an impulsive property purchase. But potential buyers should think very carefully before arbitrarily deciding to move to the coast.
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