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Articles published in November 2008

 
Young retirees head for Plett
03 Nov 2008
Traditionally a playground for the rich and famous, Plettenberg Bay is now attracting a new generation of retirees, both young and old.
Atlantic Seaboard struggling
03 Nov 2008
The swanky Atlantic Seaboard, which until recently appeared to be reasonably immune to the overall housing slump, is now also being hit by negative sentiment.
Mortgage originators: Who are they?
03 Nov 2008
With a myriad of mortgage products on the market, it is not always easy to know where to go to obtain the exact bond finance you need at the time and in the circumstances. That's where the mortgage originator comes into the picture
Firm supports green pilots
03 Nov 2008
Growthpoint Properties Limited, South Africa's largest JSE-listed property company, has provided a sample of its properties as pilot cases for green development in South Africa.
Fourways to get R90m office park
03 Nov 2008
A new upmarket office park will make the latest addition to the burgeoning decentralised node which is emerging around Cedar Road in Fourways.
Dealing with Paint Spills
03 Nov 2008
Even the most seasoned painting professional occasionally have mishaps. Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556"...
All in a weekend's work
03 Nov 2008
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> reveals some quick and easy decor projects that can be done over a weekend.
Go green or go broke!
04 Nov 2008
If the development industry fails to self-regulate, more legislation to enforce green developments could follow.
Unpaid home loans soar
04 Nov 2008
In the third quarter of this year 70 000 homeowners were more than two months behind with their bond instalments - 21.5% more than in the first quarter. By Elma Kloppers
R86m KZN mall completed
04 Nov 2008
The R86m design and construct project for Philani Valley Shopping Centre, the first formal shopping centre in Umlazi's "Y Section" on the outskirts of Durban, has been completed.
Can you trust your domestic?
04 Nov 2008
South Africans employ millions of domestic staff across the country. Property24's 'columnist who says it like it is' <a href=" http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542"...
Looking after your Persian carpet
04 Nov 2008
When purchasing an authentic Persian carpet, you are investing in a work of art. By Antonella Dési
The benefits of irrigation
04 Nov 2008
Plants need adequate amounts of air, sunlight and of course, water – all of which are key components to your garden's survival and health. - Antonella Dési
Corobrik paving for Umhlanga's promenade
04 Nov 2008
The eThekwini Municipality had proposed an upgrade of the Umhlanga promenade and an Urban Design framework plan was compiled by Iyer Rothaug & Associates.
Springs affordable market picking up
05 Nov 2008
Increased demand for affordable homes in the Springs area is resulting in sellers finally dropping their prices in order to sell. This is helping to draw buyers to the area.
Steady sales in KZN's PMB
05 Nov 2008
Consistently experiencing steady demand, the residential property market in Pietermaritzburg continues to sustain steady sales despite the current slowdown experienced in many other areas of the country.
Is an upturn really on the way?
05 Nov 2008
With agents reporting increases in show house activity, and economists lauding the slowing of demand for credit, it's easy to believe that rock-bottom has been reached and the upturn has begun. But has it really?
SB's median house price falls 2,5%
05 Nov 2008
Standard Bank's median house price fell by 2,5% y/y in October from a surprising 3,6% jump y/y in September, the bank's monthly property gauge showed on Monday. I-Net Bridge
Schools put Dbn suburb on the map
05 Nov 2008
Residential property values in Hillcrest, once a sleepy outpost of Durban, have almost doubled over the past five years. This is mainly due to the good schools in the area.
Porsche building on auction 12/11
05 Nov 2008
South Africa's leading asset sales and services company, the Alliance Group, will be bringing the landmark 'Porsche' building in Randburg's CBD to the auction floor.
Choosing the right carpets
05 Nov 2008
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> says that nothing beats the warmth and sheer luxury...
Cleaning carpets
05 Nov 2008
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 how often your carpet will need to be...
Powered by the sun
05 Nov 2008
Solar powered geysers are not only good for the environment, but they are good for your pocket as well. With South Africa's sunny disposition, moving over to solar power is a wise decision that is soon to be backed by both Eskom and the...
Prices up in Jhb's Old South
06 Nov 2008
Strong demand for property in some of Johannesburg's southern suburbs has prompted solid price growth – although these homes remain relatively affordable.
The future is green
06 Nov 2008
The green writing is on the wall and pretty much everywhere else in buildings. By Eugene Brink
Residential market to rebound then
06 Nov 2008
The South African residential property market will rebound by 2010, predicted real estate group Colliers International (COL) on Wednesday. I-Net Bridge
Low-cost demand hard to meet
06 Nov 2008
Eighty percent of the demand for residential housing is now aimed at the sub-R500k market and a large portion of the remaining demand is for homes in the R500k to R1m bracket.
House price inflation slows further
06 Nov 2008
House price inflation continued its declining y/y inflation trend, from a revised 2,2% in September to 1,1% last month, the FNB House Price Index showed on Tuesday. I-Net Bridge
Middle segment price growth low
06 Nov 2008
South African nominal year-on-year (y/y) price house price growth in the middle segment of the market was in October 2008 at its lowest level since January 1993, according to the latest Absa House Price Indices released on Thursday. I-Net Bridge
Varied valuations hamper land sales
06 Nov 2008
One of the main reasons for the lengthy negotiations with the land sales is varied valuations.
How to survive in retail
06 Nov 2008
South African consumers have had to cut back. The result is that retailers are feeling the pinch and that shopping centres are therefore not showing growth.
CT China Town needs more space
06 Nov 2008
The new R50m China Town at Ottery in Cape Town has now been in operation for three months and is quickly running out of tenant space.
RE/MAX Independent to launch new section
06 Nov 2008
RE/MAX Independent has launch a division entirely devoted to fractional ownership. Headed by Jean Botha, the division's inception follows on the back of the concept of fractional ownership taking the world by storm.
Chas Everitt to open in Mauritius
06 Nov 2008
The Chas Everitt International property group is shortly to open an office in Port Louis, capital of the idyllic Indian-Ocean island of Mauritius, in conjunction with prominent local property sales and development group Davyland.
Second PE franchise for Century 21
06 Nov 2008
CENTURY 21, the world's biggest real estate company, has opened a second franchise in Port Elizabeth to expand its Eastern Cape footprint.
Townes appointed to Seta board for real estate
06 Nov 2008
Brent Townes CEO of Sotheby's International Realty in SA, has been appointed to the Real Estate Board of the Services Seta, which is charged with improving the professionalism of the industry by aligning all training with SAQA standards.
CT suburb focused on renovation
07 Nov 2008
Bishopscourt Village in Cape Town's Southern Suburbs has now grown to the point where no further land is available for new housing, but ongoing renovation of the existing homes here continues.
WC project offers new buying deal
07 Nov 2008
The developers of a residential project in Strand in the Western Cape are now offering a new financial arrangement for buyers.
Liquidity problems prop up prices
07 Nov 2008
Tighter mortgage lending is not only resulting in fewer property sales but ironically also providing indirect support for house prices. By Joan Muller
Stocks no reason for property panic
07 Nov 2008
Tumbling share prices and financial upheaval around the world should not cause undue alarm among SA property investors and homeowners.
Lifestyle property holds up well
07 Nov 2008
In the face of tough trading conditions in local and international property markets, the "luxury lifestyle" sector has fared relatively well.
New WC business park launched
07 Nov 2008
A new commercial and industrial development project has recently been launched in the Western Cape.
Credit rating tied to loan approval
07 Nov 2008
There's more to a successful home loan application than the "right" month-end salary, and the earlier a borrower starts to build a good credit record, the better.
Approach different lenders
07 Nov 2008
Each lender has very different approval criteria and that a decline from one bank won't necessarily result in a decline from another provider.
Entry-level properties attractive
07 Nov 2008
First-time homebuyers should very definitely not give up their ambitions to become property owners – and investors should take a good look at those properties which are priced right for the entry-level buyer.
Strand now in affordable league
10 Nov 2008
Large sections of Somerset West, Strand and Gordon's Bay are now wholly devoted to "affordable" housing.
Ooba: Oct home prices drop 6,6% y/y
10 Nov 2008
Average house prices dropped by 6,6% year-on-year (y/y) in October, according to the oobarometer released on Friday by mortgage originators ooba. I-Net Bridge
Kerzner project ahead of schedule
10 Nov 2008
Sol Kerzner's R1bn One&Only hotel and penthouse development situated in the exclusive V&A Waterfront Marina residential area in Cape Town is set to open in May next year. By Caitlin Ross, West Cape News
The daftness of double standards
10 Nov 2008
<a href=" http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:blue;font-weight:bold;font-size:11px;">Paddy Hartdegen</a> muses on how the government allows illegal electrical connections that...
Some culinary colour
10 Nov 2008
Many people are afraid of using colour in the kitchen – scared that it might date quickly or look garish. However, if cleverly planned, an injection of colour into this culinary space can really liven up a kitchen design. Antonella Dési explores...
Prettify your patio
10 Nov 2008
You're much more likely to use your patio if it includes elements you love, such as your favourite colour or favourite items.
Keeping a watchful eye
10 Nov 2008
Technological advancements in closed circuit television (CCTV) are fast turning video surveillance technology into the most valuable anti-crime and theft prevention tools on the market. By Antonella Dési
Time to cash in on student housing
11 Nov 2008
Student accommodation holds great potential as a property investment that is virtually recession-proof.
Staying cool the green way
11 Nov 2008
The advent of the annual Green Building conference currently being held in Cape Town highlights the amount of attention environmentally friendly homes are now getting. And with summer here in full swing, what better way to cool down than by using...
Pongola – place for all dreams
11 Nov 2008
Much media attention has been given to the growing number of people semigrating from South Africa's big city life to smaller towns and villages. Lesser-known places such as Pongola in northern KwaZulu-Natal, with its abundance of wildlife, good...
New shopping centre for Westville
11 Nov 2008
The construction of the new 35 000 m2 Westwood Mall in Westville, Durban, has been completed by Grinaker-LTA, a division of the JSE-listed Aveng Group.
Know your rights when renting
11 Nov 2008
The pitfalls of tenant living are numerous, tenuous relationships with landlords and co-lease agreements gone bad often leads tenants down the path of being blacklisted, a very difficult one to get off.
'Huge' home in CT's Green Point
12 Nov 2008
Located along the Atlantic Seaboard, the area of Green Point has much to offer – including easy access to the city centre, the Waterfront, and the highways. A huge traditional home is now on the market in the area.
Obama election holds promise for SA
12 Nov 2008
The runaway election of Barack Obama as President of the USA could be good news for the South African economy - and South African property investors - says a property leader.
Control foreign ownership of land
12 Nov 2008
Thozi Gwanya, the director general of Land Affairs, told MPs on Tuesday that that his department has prepared legislation restricting the foreign ownership of land. By Michael Hamlyn, I-Net Bridge
Greenstone office park going fast
12 Nov 2008
The resilience of the market for prime office space is reflected in demand for Greenstone Hill Office Park, the R350m Barrow Properties, Vunani Properties and Sherratt Property Ventures joint venture.
New business park for CT's Maitland
12 Nov 2008
Following the success of two recent commercial and industrial developments, 40 unit Prosperity Business Park and the 186 unit Millennium Business Park, a new sectional title light industrial business park called "The Epic Business Park", will be...
Residential building costs up
12 Nov 2008
Residential building cost inflation has risen slightly although the inflation rate remains in the single-digit territory, according to the FNB Commercial Property Finance's (CPF) Residential Building Cost Index for the third quarter of 2008...
Stands and homes to buy at Fancourt
13 Nov 2008
Rated South Africa's leading golf resort by the World Travel Awards 2008, the prestigious and world-renowned Fancourt Hotel & Country Club Estate near George in the hub of the scenic Garden Route is seeing more and more South African families...
'Wait-and-see' approach to property
13 Nov 2008
Multiple factors are driving the current squeeze in the residential property market in South Africa but there are signs that the market may be nearing the bottom.
KZN : R88m for housing project
13 Nov 2008
The KwaZulu-Natal Department of Housing has budgeted R88 million for a housing rehabilitation project in the Townview area in Mooi River. By Siboniso Ntuli, BuaNews
CT's Paarl gets transformed
13 Nov 2008
The Winelands town of Paarl has reported a surge in interest in buying historic buildings and transforming them.
E-Commerce award for Property24
13 Nov 2008
Online property portal Property24 has been voted Best Property Website in the 2008 South African E-Commerce Awards hosted by Jump Shopping. The award was announced yesterday.
Make a statement with wallpaper
13 Nov 2008
Modern wallpaper is hip and trendy, and best of all, with a bit of DIY know-how, you can hang it yourself and completely rejuvenate tired interiors. By Antonella Dési
Tyson Properties' Franchisees Purchase 50% Share in 2nd Franchise
13 Nov 2008
David Kopp and Lee Ellis, owners of Tyson Properties Westville and two of the company's most successful franchisees, have expanded their business interests by acquiring a 50 percent stake in Tyson Upper Highway, one of the group's strategic...
Brackenfell property remains busy
14 Nov 2008
Good property value and a central location make Brackenfell a popular choice among first-time property buyers while good schools attract family buyers.
Dire shortage of city accommodation
14 Nov 2008
The shortage of low cost rental accommodation in SA's large cities is becoming worryingly acute.
Bargains aplenty in Pta's Montana
14 Nov 2008
The five-year development boom in the northern Pretoria suburb of Montana shows no sign of abating, despite the current market slump, and the area is a buyers' delight.
R31m to extend Gateway's Edgars
14 Nov 2008
Continuing work at Gateway Theatre of Shopping in Umhlanga, KwaZulu-Natal, R31-million contract has been awarded to extend one of the stores at the popular shopping center.
Leisure option on CT wine estate
14 Nov 2008
Mount Rozier, the premium wine estate situated above Gordon's Bay next to Vergelegen, has made 50 hectares of land available for potential partners to develop a JV specifically focusing on exclusive residential and hotel/SPA opportunity.
Option to buy a benefit for tenants
14 Nov 2008
Tenants should seriously consider putting an option to buy clause into their rental agreements, the property experts say.
ApexHi acquires stake in Ambit
17 Nov 2008
Property loan stock company ApexHi Holdings (APB) on Wednesday advised that it has acquired 34.85% of Ambit Properties for 223.9 million rand.
CT homes from R300k
17 Nov 2008
Set amidst large open spaces, Bardale Village in Cape Town's Kuils River is a one-of-a-kind residential security estate offering incomparable lifestyle benefits.
PE market starting to stabilise
17 Nov 2008
Port Elizabeth's Top Professional Guild (TPG) this week agreed that while the general trend among local sellers was to base pricing on the long-gone boom years of 2004 and 2005, they said that there were nevertheless some excellent examples of...
Gordon's Bay hotel on auction 25/11
17 Nov 2008
Exceptionally positioned in Gordon's Bay, the Villa Via hotel is a prime piece of hospitality real estate located in the prestigious Harbour Island precinct adjacent to the Yacht Club. The hotel will be on auction on 25 November 2008.
Jhb office vacancies at record low
17 Nov 2008
Empty office space in the Johannesburg inner city has dropped to its lowest level since the mid-Nineties, as more and more mothballed office blocks are turned into apartment buildings. By Joan Muller
R800m for offices near Gautrain
17 Nov 2008
Barrow Properties has announced the start of work on a major new, state-of-the-art office development in the heart of the Sandton business district, within metres of the Gautrain terminus and the Bus Rapid Transport (BRT) system.
The grass is always greener
17 Nov 2008
By following a few important tips your lawn should be lush, green and healthy all year round. By Antonella Dési
USA market may be turning around
18 Nov 2008
In a development that bodes well for the South African real estate market, it seems that the battered home sales ship in the US is - slowly - starting to turn around.
St Francis Bay 'unscathed'
18 Nov 2008
With financial markets and economies under pressure both nationally and internationally, in St Francis Bay in the Eastern Cape - at the gateway to the Garden Route - the residential property market remains relatively unscathed and in a healthier...
20 000 houses for Limpopo and NW
18 Nov 2008
The Department of Housing and the world's leading primary producer of platinum group metals, Anglo-Platinum, have signed a deal to build houses for mining employees in Limpopo and the North West. By Nthambeleni Gabara
Waterberg eco estate draws buyers
18 Nov 2008
The scenic Waterberg biosphere is the site of a just launched eco-estate that has attracted early interest from buyers ranging from permanent residents to owners seeking a weekend getaway.
Fractional deal enables exchanges
18 Nov 2008
A top private residence club has formalized a partnership which enables members to exchange time in their five-star units in South Africa with time in top-flight resorts internationally.
When your neighbours kill a cow…
18 Nov 2008
So what happens when your neighbours hold a traditional ceremony that includes slaughtering an animal in the kitchen courtyard? <a href=" http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542"...
Finding the best financial advice
19 Nov 2008
The global market crunch coupled with tighter credit controls locally means anyone considering accessing their home loan to renovate their home, consolidate debt or further their loan should get sound advice before doing so.
NCA a year later - has it helped?
19 Nov 2008
Before June 2007, South Africans were happily living on credit with the average homeowner having a mortgage or two, one or more cars on instalment purchase, and several credit cards and personal loans. Then came the National Credit Act, and...
Kimberley golf estate selling well
19 Nov 2008
Sales are progressing well at the 124ha Magersfontein Memorial Golf Estate adjacent to the historic Magersfontein battlefield and Modder River and just 20 minutes from Kimberley in the Northern Cape.
New flats for trendy Morningside
19 Nov 2008
A new apartment development in Durban's trendy Morningside area is selling well to young buyers, with R6,5m worth of off-plan sales already in the bag.
Affordable housing for Diepsloot
19 Nov 2008
Nedbank Corporate Property Finance's Affordable Housing department recently announced the funding of and its equity stake in an affordable housing development worth in excess of R 2 billion, to be built in Diepsloot, near Fourways.
Buy your own Tequila factory
19 Nov 2008
A local auction house will sell what is billed as a first in South Africa, when the public tender process closes on a "Tequila" distillery and plant located just outside Graaff Reinet in the Eastern Cape.
Revamped s/centre well received
19 Nov 2008
The dust has settled, and the opening fanfare and celebrations has quieted down, but Boardwalk Inkwazi continues to show positive levels of support from both the tenants and local consumers.
Underberg smallholdings from R1,5m
20 Nov 2008
Smallholdings around the Drakensburg town of Underberg are selling well to those looking to escape the city rat race and raise their families in the country.
CT's Harbour Bridge: last 20 units
20 Nov 2008
The final 20 units at "Harbour Bridge" – the newly-completed development situated in the prime Roggebaai tourist precinct - have been launched to market.
New R156m hotel for CT
20 Nov 2008
Stag Properties is set to launch a R156 million two phase development in Cape Town's East City precinct, which will be one of several projects completely transforming this area and "restoring it to its rightful place in the city's life".
Choosing the right in-house doors
20 Nov 2008
Antonella Dési explores a few different types of internal doors that can help compliment your home.
Scatterlings of Africa
20 Nov 2008
They are comfortable to use and beautiful to look at, functional and aesthetically pleasing – from über contemporary to traditionally rustic; scatter cushions are the staple of every well-dressed interior composition. Antonella Dési
Regular maintenance helps sell
20 Nov 2008
The majority of South African homeowners are not among the landed gentry who can afford lots of "hired help" to see to the maintenance of their properties – and so must plan and handle these chores themselves.
Zim property market still holding up
21 Nov 2008
According to Andrew Golding, chief executive of Pam Golding Properties, the property market in Zimbabwe has only now turned from a seller's to a buyer's market. By Michael Hamlyn, I-Net Bridge
Township property booming
21 Nov 2008
While former white suburbs are experiencing the worst housing slump in 15 years, township buyers now have to pay 20% more for the average house than a year ago, a new FNB report shows. By Joan Muller, Fin24
German interest in SA rises
21 Nov 2008
There has recently been an increase in interest among German investors in acquiring SA properties, particularly in the Western Cape along the Garden Route.
Housing delivery improves in ECape
21 Nov 2008
After a history of challenges in the pace and quality of housing delivery in the Eastern Cape the systems to fast track housing delivery are beginning to show progress, says Director General of Department of Housing, Itumeleng Kotsoane. By...
Call to sack Land Affairs Minister
21 Nov 2008
TAU SA, formerly the Transvaal Agricultural Union, is calling for the head of the Minister of Agriculture and Land Affairs, Lulama Xingwana, because of the failure of an agricultural strategic partner which was brought in to bring farming back to...
Retirees must be careful
21 Nov 2008
With a marked increase in new retirement developments nationally in response to a shortage of retirement accommodation, retirees need to be wary of potential pitfalls within the industry and weigh up their options before making this final...
Worcester market big on low cost
24 Nov 2008
The property market in Worcester is seeing a mix of private sales, high demand from buyers in the lower price ranges, and owner landlords trying for top dollar.
New developments sprout in Randburg
24 Nov 2008
New residential developments continue to sprout in the well-established Randburg suburb of Broadacres, where numerous homes on large stands and small holdings are being demolished and rezoned to make way for new sectional title units and clusters...
Growing interest in Overberg farms
24 Nov 2008
A weakened rand may mean more belt-tightening for consumers – but it's good news for farmers wishing to take advantage of the export market. There has been a surge in interest in agricultural properties in the Western Cape's Overberg region.
Changes in CT's Rosebank ongoing
24 Nov 2008
Of all the Cape Town southern suburbs to be transformed by the last six years of the property boom, Rosebank is quite possibly the frontrunner.
Seniors want office space
24 Nov 2008
Space for home offices is becoming a prime consideration among senior citizens as more of them keep working after they officially retire.
Non-residential surge continuing
24 Nov 2008
Office and industrial property rentals continue to grow impressively, shows a leading property report.
Gwede advocating land theft for SA
24 Nov 2008
<a href=" http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:blue;font-weight:bold;font-size:11px;">Paddy Hartdegen</a> believes the scrapping of the 'willing buyer, willing seller' concept will...
Redesigning kitchens
24 Nov 2008
Installing a new kitchen is a sizeable investment that will serve as the epicentre of your home for quite some time. As such, there are a number of things that ought to be considered when designing it in order to maximise its longevity,...
Keep your home covered
24 Nov 2008
Most homeowners are aware of the importance of house insurance that covers the cost of repairs to the building.
Land shortage aids Langebaan prices
25 Nov 2008
A shortage of vacant land for development is set to boost the values of existing properties in the older, more established part of the West Coast town of Langebaan.
George project selling well
25 Nov 2008
A total of 38 of the available 43 units in the first phase of a new residential development in George have already been sold.
Build from distance at KZN estate
25 Nov 2008
The developers of an estate on KwaZulu-Natal's North Coast are now offering a service to build bespoke houses in the estate at fixed, pre-negotiated costs.
'Apartment season' in Stellenbosch
25 Nov 2008
With the end of the year only a few months away, the historic town of Stellenbosch in the Western Cape's Boland region is experiencing its annual "apartment season".
Waste it elegantly
25 Nov 2008
No not your "always starving" teenager but a wonderful invention that chops up all the organic waste in the kitchen and gets rid of it down the drain and through the sewerage system. By Antonella Dési
How to stay sane during renovations
25 Nov 2008
Remodelling an existing home rather than buying a new property is becoming a popular option in the current tough credit climate.
Agents have duty to report defects
25 Nov 2008
Just how far does an estate agent have to go to determine and disclose the existence (or lack) of approved plans relating to a property which he or she is marketing? Property24 investigates. By Ingrid Olivier
Pros, cons of owning holiday home
25 Nov 2008
The issue of owning a holiday home is often debated and leaves prospective buyers in two minds whether or not they are doing the right thing.
Where the property hotspots are
25 Nov 2008
While the residential property market remains under considerable pressure with a significant reduction in sales volumes, those buyers who wish to capitalise on the current market and who have available funds or high equity, a variety of...
Landlords shouldn't be too strict
25 Nov 2008
Owners of rental properties should be wary of becoming too strict in their acceptance or otherwise of prospective tenants' credit credentials and should make use of the full gamut of credit check mechanisms available to them.
Historic WC home on market
26 Nov 2008
A property in Witsand on the Garden Route dating back to 1848 and set on 8,680sq m is on the market at R3,5m.
Below R600k is where action is
26 Nov 2008
A leading SA property group says roughly 25% of its current sales are in areas where prices are below the R600k cut-off point and the "action" is still very satisfactory here.
Foreign interest in SA still strong
26 Nov 2008
Many foreign investors are still keen to acquire properties in South Africa, despite the property slowdown and global economic turbulence.
These property firms stage comeback
26 Nov 2008
Since June 2008 listed property loan stock companies have staged a comeback.
Dullstroom estate on market at R48m
26 Nov 2008
A gentleman's estate near Dullstroom in the Mpumalanga highlands has recently been listed for sale at an asking price of R48m.
Buy-to-let big in EC's Beacon Bay
26 Nov 2008
The rental market in Beacon Bay near East London is booming and investors are snapping up properties with a view to generating income.
Listed property sector still strong
26 Nov 2008
The South African listed property sector has withstood the impact of the current global economic crisis better than almost all other sectors – but a full-scale property revival is now unlikely until the last quarter of 2010.
New Maputo hotel to open in 2010
26 Nov 2008
A new hotel is set to open its doors in Maputo, Mozambique, in the second quarter of 2010.
Century 21 chief dies
26 Nov 2008
Century 21 CEO Dr Duncan Gray died in Johannesburg on 22 November following a short illness. He was 47.
Let me in, let me in!
26 Nov 2008
Home intercom systems are becoming a must-have element of all home security solutions. Twenty years ago, an intercom system was deemed a convenient luxury, however, with today's high crime statistics, they have become a survival tool for the...
UK rate cut good for SA investors
27 Nov 2008
News of the Bank of England's significant interest rate reduction of one-and-a-half a percentage point - reportedly the lowest since 1955 – is good news for South African property investors in the UK.
Traditional CT areas still popular
28 Nov 2008
Cape Town's "traditionally good" suburban precincts remain to this day the first choice of a certain section of the buying population, says a leading property figure.
Roodepoort's prospects good for '09
28 Nov 2008
Roodepoort has weathered the recent property storm better than most areas and local experts are predicting a good 12 months ahead for the West Rand town.
Dubai bucks global property slump
28 Nov 2008
South Africans who have diversified their property interests to Dubai since the United Arab Emirates state first opened up its real estate market to foreigners six years ago, are nicely in the money. By Joan Muller
Industrial property under pressure
28 Nov 2008
Investors in industrial property have to be careful with their short-term investments, warns aleading property expert. By Elma Kloppers, Sake24
Orlando stadium revitalised
28 Nov 2008
Once known as "Esikamaminzela", the home of township soccer, Orlando Stadium again reverberated to the clamour of excited football fans when it reopened on Saturday 22 November. By Ndaba Dlamini
Be wise when buying plot to build
28 Nov 2008
Buying a plot and building privately is the ideal of many potential homeowners, and is often considered to be a more cost-effective way of achieving that dream home, but it's not always that simple.
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