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Articles published in October 2006

 
CT CBD already scoring from 2010
02 Oct 2006
The continuing boom in Cape Town's CBD is currently being fuelled by ongoing and increasing interest surrounding the 2010 World Cup, this is reflected in sales, resales and rentals in the area.
Industrial park to be redeveloped
02 Oct 2006
Property developer JT Ross has major redevelopment plans for its Western Cape Brackenfell industrial and office park it acquired from Group Five. By Nick Wilson
N'dabeni becoming a mixed-use node
02 Oct 2006
The increasing popularity of Cape Town's N'dabeni as a mixed-use hub is reflected in the number of commercial and industrial property transactions completed in this area over the past twelve months.
Buying and selling of property by a trust
02 Oct 2006
Particular care should be taken when dealing with agreements for the sale or purchase of immovable property by a Trust. It is a tricky business.
Rode: lower priced areas doing well
03 Oct 2006
While house-price growth in general continued to decline during the second quarter of 2006, the lower-priced section of the residential market grew at a faster rate than the middle and upper-priced sectors.
Knysna now
03 Oct 2006
The demand in recent years for luxury holiday homes in Knysna has transformed this traditionally sleepy seaside resort on the Garden Route into a cosmopolitan jet-setter's playground.
Office upgrades 'in' for CT CBD
03 Oct 2006
Fashionable residential conversions may have been centre stage in Cape Town's CBD in recent years, but property developers reckon that the pendulum is swinging back to the office sector – and fast. By Kara Michaels
Gautrain station areas draw interest
03 Oct 2006
The advent of the Gautrain rapid rail network is fuelling interest in commercial property investment as well as new developments and major refurbishments around the proposed station precincts, notably in Rosebank, Sandton and Midrand at the...
New CT marina launching 7 Oct
03 Oct 2006
Cape Town's Canal Quays, situated on the Roggebaai Canal, offers the benefits of marina living coupled with connectivity to the various facets that make up the City of Cape Town. The development is launching on Saturday 7 October.
CT: affordable housing land released
03 Oct 2006
The City of Cape Town has provisionally approved the release of eight tracts of land totalling some 42 hectares to be developed by banks for affordable housing for the so called GAP market; consisting of people who earn between R3 500 and R10 000...
Jhb airport upgrade in full swing
04 Oct 2006
The Airports Company South Africa (ACSA), which operates South Africa's 10 major airports including Johannesburg, says that it is satisfying to report that its 5.2 billion rand infrastructural upgrade programme "is in full swing". By Donwald...
Helderberg area hot this summer
04 Oct 2006
The Western Cape's Helderberg area has attracted increased attention over the past month. Although the focus was on homes below R1 million, a number of properties of up to R6 million also changed hands.
Bloem: upgrades aid property values
04 Oct 2006
Bloemfontein appears to be one of the best places in the country to live, or so a recent survey showed. Dan Pienaar the adjacent suburb to Bayswater was voted the best suburb to stay in, anywhere in South Africa. Upgrades to older homes, seen as...
Centurion fails 'bargain hunters'
04 Oct 2006
Bargain hunting is in full swing in the Centurion property market, but with few exceptions, buyers looking for a low cost "score" in this area are in for a disappointment.
Council home loan interest rate down
04 Oct 2006
There is good news for thousands of home-owners who are currently paying off their home loans to the City of Cape Town. The National Housing Department has allowed the adjustment of the fixed interest rate on municipal homes to the external...
R15m for CT's new Media Hive
04 Oct 2006
A R15-million commercial development in Gardens, Cape Town, is set to become a major centre for the lucrative film and video industry in the city. By Glenda Nevill
Property syndication versus fractional ownership
04 Oct 2006
Property ownership is now a complex affair, with many different forms of ownership. Fractional ownership expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=4453"...
Property in Hungary is cheaper than five years ago
04 Oct 2006
People love living near water. So what better than living near Lake Balaton, a lake in Hungary nearly 48 miles long.
Constantia: Accurate prices crucial
05 Oct 2006
With the current more moderate climate in the property market, the issue of accurate pricing of homes for sale has become even more important than ever. And nowhere is this more significant an issue than in the leafy Cape Town suburb of...
Developers opting for eco-estates
05 Oct 2006
As the government cracks down on lifestyle developments in concern over their ecological effects, an eco-friendly breed of developer has emerged who is investing and assisting in preservation of wilderness areas.
'Laggard' KZN has boom potential
05 Oct 2006
KwaZulu-Natal has the potential to outperform Gauteng and Western Cape when it comes to house price growth over the next five to 10 years, says First National Bank property strategist John Loos.
Soweto gets its first theatre
05 Oct 2006
Thanks to a Dutch organisation devoted to helping the arts in developing countries, Soweto's first-ever performance theatre will open within a year. By Ndaba Dlamini
Chrissiesmeer: ample land available
05 Oct 2006
One of the many benefits of investing in a home that is located in a lifestyle location is that of house price growth potential. With the confirmed property slow down in most areas throughout South Africa, the only areas that are still performing...
2010 still SA's key draw card abroad
05 Oct 2006
The Property Investor Show is the biggest trade show in the UK with over 13 000 people attending. International Property Solutions attended with MSP Developments, a developer from Cape Town. The 2010 World Cup event drew much foreign investor...
White River popular with investors
05 Oct 2006
Mpumalanga has been drawing great interest from buyers looking for peace as well as investors. Towns like Chrissiesmeer and White River offer the benefit of ample land untouched by urban development as well as a quieter lifestyle.
Are Garages an unnecessary expense?
05 Oct 2006
South Africans are seemingly fixated on lock-up garages, a tendency which boosts home purchase costs, absorbs land unnecessarily and in many cases actually diminishes lifestyle. Dropping garages may make homes more affordable for first time...
Limpopo: land prices and demand rise
06 Oct 2006
The prices of agricultural land in Limpopo have increased by 40% over the past year. The reasons for this increase include a demand for land on which no land claims have been made or land which is unlikely to have a claim made against it. By...
Kuilsrivier apartments from R380k
06 Oct 2006
Cape Town's Kuilsrivier missed the boat in recent property boom, with the result being that it now offers excellent value.
Spar gets R300m Cape warehouse
06 Oct 2006
The Spar Group plans to occupy a new R300m distribution warehouse in Sheffield Business Park, Philippi, Cape Town, by Christmas next year. By Edward West – I-Net Bridge
Renault to move into R38m premises
06 Oct 2006
Renault Gateway, whose business has grown to such an extent that it simply needs more space, moves into its new property early next month.
Lease renewal options explained
06 Oct 2006
Beware the distinction between a 'right of first refusal' and 'an option' in lease agreements when renewing a lease, warns Erika Petersen in Shepstone & Wylie's latest commercial law review.
Window fashion adds more than style
06 Oct 2006
Window treatments add more than style to a home; they filter or let in light, can be used to control temperature and offer privacy.
FS estate sells R43m in 3 days
09 Oct 2006
The Wesselheim Secure Lifestyle Estate launched recently in Bethlehem with R43m worth of sales in the three days following the launch. Almost 50% of the development's target has already been reached, and players believe this is confirmation of...
Upsurge of interest in Underberg
09 Oct 2006
In rural Underberg at the foot of the Drakensberg Mountains, where a new shopping mall is nearing completion and work has already begun on a number of residential developments, talk of a "boom" by some developers is painting a picture of what...
Zambian property market lucrative
09 Oct 2006
Zambia, which went to the polls recently to elect a new president, offers lucrative opportunities for SA investors prepared to learn the ropes and bring cash.
Keep home and business separate
09 Oct 2006
When deciding whether personal assets should be linked to business liabilities, it is advisable for each person to assess their individual situation and make the right choice when registering their business in order to protect assets such as the...
City injects R3,6m into Khayelitsha
09 Oct 2006
Cape Town's Khayelitsha has received a R3,6m boost from the City of Cape Town as part of its ward allocations for the current financial year.
King Shaka airport 'ready by 2010'
09 Oct 2006
The King Shaka International Airport at La Mercy will be operational in 2010's first quarter, when the current facility, Durban International Airport, will be decommissioned. By Edward West, Business Day.
Piketberg historical home for sale
09 Oct 2006
One of the oldest properties in Piketberg has just entered the market. Formerly known as Woburn Lodge, the property comprises two historical cottages that can be used as one large home or two separate units. The buildings are a national monument...
Jozi : heritage buildings to stay
09 Oct 2006
The Appeals Committee has overturned the ruling by the South African Heritage Resources Agency to demolish all 10 buildings to make way for the Gauteng provincial square. Only five buildings can be demolished. By Lucille Davie
Prime highlands property on auction
09 Oct 2006
A piece of land situated in Lydenburg in the heart of the scenic Highlands of Mpumlanga is to be auctioned early in November. The property has the potential to be developed as an exclusive trout farm, game farm or as housing for the rapidly...
Rate hike will have ripple effect
10 Oct 2006
With another rate increase expected very soon consumers will feel the pinch. In property terms the residential market is likely to be more affected that the commercial market, but property players believe the effect will be short-term.
New residential area for Bonza Bay
10 Oct 2006
A new residential area is being launched in October above the popular Bonza Bay beach in East London. The 20 hectare site also borders the northern bank of the Quenera River. Future plans for the area include a townhouse complex, a church and a...
CT devising gated community policy
10 Oct 2006
A multi-party, multi-portfolio working committee has been established to tackle the issue of enclosed or gated communities in Cape Town, for which the City has no policy at present.
PE repositioning as growth node
10 Oct 2006
While most cities and larger towns have had more than their fair share of building and construction activity in recent years, South Africa's development boom has completely by-passed the Eastern Cape coastal city of Port Elizabeth. By: Joan...
Ramos defends V&A Waterfront sale
10 Oct 2006
When the requirements of the sale of the V&A Waterfront by Transnet and its pension funds were designed there had been "no basis in law to exclude foreign-based companies", Transnet chief executive Maria Ramos told Members of Parliament on...
Howick no longer a sleepy hollow
10 Oct 2006
With over 800 units planned for the area in the next three years and commercial and retail developments expanding, the country town of Howick is no longer a 'retirement village'.
Homeowners' bad debt on the rise
10 Oct 2006
Arrears on mortgage repayments are likely to rise sharply over the next few months unless homeowners start curbing their borrowing and spending. This is the message from Standard Bank economist Elna Moolman who's view echoes that of other market...
Dbn Point's commercial perspective
10 Oct 2006
The commercial aspect of the Durban Point Waterfront development has seen phase one contribute 15,000 m2 of retail space and 8,000 m2 of office space to the market. A second land phase is expected to be released early in 2007, which will heighten...
The point of sole mandate
10 Oct 2006
Property for sale? Read on before you decide to contact every estate agency in town. Estate agency expert exlains.
Jhb tackles infrastructure backlog
11 Oct 2006
Around 500 representatives from the private sector attended a briefing conference at the Sandton Convention Centre to explore ways of helping finance the City's infrastructure backlog. By Anish Abraham
Working with an interior decorator
11 Oct 2006
Many people have a natural flair for décor, while others feel they need advice and assistance. If you need advice and assistance, the services of an independent interior decorator can be used. The chairperson of the South African Guild of...
Buying jointly may aid first timers
11 Oct 2006
As a result of very low interest rates and the ongoing property boom in Great Britain, property prices have trebled over the past decade, according to a recent bulletin published in a daily newspaper, making it increasingly difficult for...
UK debt levels a warning for SA
12 Oct 2006
In a market that experiences a sustained growth there is a danger that a fear of 'missing the boat' can lead to the abandonment of financial restraints and regarding excessive debt as "normal" - with disastrous long term results.
Waterberg wildlife estate launched
12 Oct 2006
A new wildlife estate in the Waterberg recently launched one-hectare stands onto the market. The uptake has so far been promising, especially amongst buyers wanting a leisure investment.
Rare plots released in Bains Kloof
12 Oct 2006
Four freehold plots in the Western Cape's Mount Bain Private Nature Reserve are to be released this week.
Nedbank gets R400m loan for housing
12 Oct 2006
The French Development Agency (AFD) has offered a soft loan to Nedbank in support of its new home loan for low-income households. – I-Net Bridge
Repo rate up by 50 bps to 8.5%
12 Oct 2006
The two-day meeting of the South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) decided to raise the repo rate by 50 basis points to 8.5%.
Gautrain may spur conversion trend
13 Oct 2006
The Gautrain project will have a massive impact on property development around its two anchor stations in downtown Jo'burg and Pretoria. A large chunk of private sector investment in this area could go into the conversion of vacant office space...
CT's Strand gets mixed-use option
13 Oct 2006
A new mixed-use development is almost complete on Western Cape's Strand Main Road on the site of the former well-known local landmark colloquially known as the 'PG Glass building'.
CT: Higher office rentals predicted
13 Oct 2006
The commercial property market in Cape Town has reached an interesting stage in the property cycle as office vacancies drop, office rentals rise and construction costs soar.
Woodmead: secure commercial space
13 Oct 2006
As part of the development of the greater Woodmead node, known as Waterfall City, a local property development services company is launching a prime commercial business park in the area.
Double commission claims increasing
13 Oct 2006
The incidences of sellers ending up in court to defend double commission claims are increasing. Homeowners need to take special care now not to expose themselves to the possibility of having to pay double commission on property sales.
Gauteng: off-plan buying 'popular'
16 Oct 2006
The Gauteng property market has seen solid growth in buying off-plan which is still doing brisk business despite the upward cycle in interest rates.
Units available on Wellington farm
16 Oct 2006
Versailles Village Life is a development situated on a farm in Wellington valley; known as a thriving cultural, economic and higher education centre and also a friendly, family oriented town.
Jhb sees a new breed of mixed use
16 Oct 2006
A Modderfontein site, being rolled out on a strategic land release programme , accommodates various retail, commercial, residential and industrial developments. These developments are the latest example of new generation thinking in mixed-use...
Young urban buyers choose Killarney
16 Oct 2006
Young urban professionals are increasingly seeking homes close to the social and business hubs of Johannesburg, wanting to avoid the traffic nightmares of the densely developed areas north of the city.
KZN's south coast estate 60% sold
16 Oct 2006
The launch of the Ekubo Coastal Estate situated on a pristine stretch of coastline between Leisure Bay and Port Edward on the lower KwaZulu-Natal south coast, saw 60 percent of the 219 freehold stands snapped up within six weeks.
Pavilion expands for big spenders
16 Oct 2006
The Pavilion, one of Durban's premier shopping destinations, is Capitalising on the South African consumer's apparently insatiable desire to spend. It is being extended, with additional retail space and more parking for shoppers who, according...
Legal property tip no 1
16 Oct 2006
Did you know…A minor may not freely sell or mortgage immovable property. Read the full weekly tip here...
R7m to upgrade Alex's streets
17 Oct 2006
The Johannesburg Roads Agency is spending about R7-million over the next year-and-a-half to upgrade Alexandra's crumbling road system. By Lucky Sindane
Crime control boosts Hout Bay sales
17 Oct 2006
Any idea that the Hout Bay residential property market is reeling under the impact of crime is these days way off the mark.
New Scottburgh beachfront planned
17 Oct 2006
If all goes according to plan, the proposed upgrading of the Scottburgh-Park Rynie beachfront area on the KwaZulu-Natal south coast will precipitate a wave of new residential and commercial development that will have far-reaching implications for...
Nigel offers sound value for money
17 Oct 2006
The Nigel property market is lively, with an average of 27 property transactions per month. Strong demand is fuelling healthy growth in property values, but house prices in this region still offer sound value for money.
House prices: KZN priciest
17 Oct 2006
Standard Bank says that KwaZulu-Natal has the highest median house price of all South Africa's nine provinces, where a typical home will set you back R570 000. By Garth Theunissen
Snap up bargains in Zagreb, Croatia
17 Oct 2006
In Zagreb, the Capital city of Croatia, one can buy a brand new one bedroom apartment in a gated, all inclusive community for less than 85000 Euros. There are two reasons why anyone should be interested in snapping up such bargains; excellent...
Four CT apartment blocks on auction
17 Oct 2006
Four Cape Town apartment blocks are due to go on auction in the next couple of weeks. Get the details here.
Illegal alterations create problems
17 Oct 2006
With the current, rather chaotic, situation of many municipalities and the lack of enforcement of by-laws, home seekers may be inadvertently buying a future problem. Buyers need to ensure that what they are buying is the same as what is...
Body Corporate facts
17 Oct 2006
A Property24 user writes in with some questions about sectional title body corporates. Our new sectional title expert Hannes de Beer of Wierda Property Services provides the answers.
Hout Bay units 'some of the last'
18 Oct 2006
An entire block in Hout Bay's Empire Road alongside the reed-covered embankment of the Disa River is set to house Empire Junction, a modern development of 73 units.
Extra units at PE retirement estate
18 Oct 2006
The ever-increasing demand for quality retirement lifestyle is being catered for by a new development in Port Elizabeth's Summerstrand, with construction of the exclusive retirement village set to begin in February 2007.
Land expropriation: rights and info
18 Oct 2006
A recent article on the seizure of farmland that came hot on the heels of an announcement by government that it will no longer negotiate for longer than six months with land owners, has sparked panic. Two experts have taken up the task of finding...
Stock shortage on Cape west coast
18 Oct 2006
The success of Melkbosstrand is symptomatic of what is happening throughout the Western Cape: there is a growing appreciation of country homes and a desire to live out of town. This seems particularly to affect professional and highly paid...
Asking prices decrease in Plett
18 Oct 2006
Asking prices are decreasing in Plettenberg Bay as the market swings in favour of buyers and as a result there are now some great bargains to be found.
Property market needs price realism
19 Oct 2006
Over the 2002-2005 period sellers began to believe that almost any price was achievable and the momentum of this hype is still evident resulting in unrealistic expectations, but estate agents will take the mandate rather than 'upset' the client...
'Housing delivery must double'
19 Oct 2006
Housing delivery in South Africa needed to double from the current delivery rate of some 250,000 housing units a year to 500,000 units if the backlog was to be removed and supply to new urban residents was to be fulfilled, South African housing...
Property recovery predicted in 2008
19 Oct 2006
Although the value of building plans passed is up, the shortage of building materials will depress the residential building market in the short term, but this will improve in 2008 when he expects property in general to experience a gradual...
30% off SA homes for UK buyers
19 Oct 2006
People who have either been to South Africa and experienced our country or were ex-pats; people who have spent time overseas and made some capital, are now considering coming back. There has been 30% depreciation in the rand of late; this means...
Buy or sell in a trust – Q&A
19 Oct 2006
Legal expert Andy McPherson answers readers' questions to his article on Dealing with property in a trust.
R11m to repair two Jozi buildings
20 Oct 2006
Norvena Court and Santa Monica are bad buildings, but the Johannesburg Property Company has targeted them for upgrading through its successful Better Buildings Programme. By Ndaba Dlamini
'Affordable' houses no longer cheap
20 Oct 2006
The cost to build starter homes in low-income areas, typically priced between R120 000 and R240 000, has surged by close to 50% over the past two and a half years.
St Francis Bay marina home: R4,89m
20 Oct 2006
A luxury home situated on the canals in the highly sought after marina area of St Francis Bay, has come onto the market.
Gauteng black buyers flock Midrand
20 Oct 2006
Midrand, north of Johannesburg and en route to Pretoria, is fast becoming a preferred property-buying destination for Gauteng's black middle class. Industry commentators say increased interest from black buyers has seen Midrand residential...
Dev equity fund kicks off for 2010
20 Oct 2006
A development equity fund that can help to create thousands of new jobs across the country and complement Government's stated infrastructure initiatives has been launched by Futuregrowth Asset Management. The fund has the ability to reach over...
Joburg on track to house its people
20 Oct 2006
Despite ever-increasing numbers of people flocking to Jozi's bright lights, the City is confident it is on track to house all its residents, the mayor says on World Habitat Day. By Ndaba Dlamini
CT sect title retirement units sold
20 Oct 2006
Mouille Point's Good Hope Park is a sea-facing retirement home on the beachfront. All five of five units for sale at Good Hope Park.
Exclusive game lodge on auction
20 Oct 2006
A prime private game lodge property located in what is described as the most prestigious game reserve in South Africa will go under the hammer in a couple of weeks.
Jet-setters 'discover' St Francis
23 Oct 2006
High-flying businessmen who settle their families in coastal or country towns and commute weekly to city jobs have now "discovered" St Francis in the Eastern Cape.
Want to rent your holiday home out to 2010 visitors? Here's how..
23 Oct 2006
With 2010 just four years away, SA is already abuzz with FIFA World Cup fever! Many SA homeowners are considering the possibility of renting.
R8.35m for adjacent Fresnaye plots
23 Oct 2006
Competing buyers vied to acquire two adjacent erven in Fresnaye, Cape Town, paying a high price for the unique property on which a 1960's home and its garden are situated.
BEE group gets 26% stake in Pinnacle
23 Oct 2006
A consortium that includes mining magnate Lazarus Zim has acquired a 26% stake in Pinnacle Point Holdings in a R220m deal that positions the national property group among the leading black economic empowerment companies in the industry.
Investors snap up East London sites
23 Oct 2006
The prime new residential area launched recently, overlooking the popular Bonza Bay beach in East London, has attracted huge investor interest. In the first few days, owing to the frenzy of investor interest, a total of 79 sites were offered for...
Inanda Road link: mere speculation?
23 Oct 2006
Talk of a new road that will link Durban North and Umhlanga with the Hillcrest-Waterfall-Crestholme area of KwaZulu-Natal's Outer West region has long been circulating among residents, buyers and sellers. By Ingrid Smit
Dbn waterfront investment option
24 Oct 2006
The City of Durban is creating a luxury waterfront geared for international tourism to rival the V&A waterfront in Cape Town.
Historic De Grendel rings changes
24 Oct 2006
Situated on CT's Plattekloof Rd is the historic De Grendel wine farm, dating back generations, which is getting a new lease on life. By Glenda Nevill
West Coast longhouse for sale
24 Oct 2006
An unusual home, Mud River Manor, in Grotto Bay is a West Coast longhouse designed by internationally renowned architects. This property, situated in a private residential lifestyle estate is now up for sale.
Kruger Park stands up for sale
24 Oct 2006
Having privately owned stands in a government owned game reserve is unique in Africa and this project will represent a first of its kind; offering the local communities of Mbaula and Phaulbeni the benefit of taking part as well.
Piece of paradise at R13m
25 Oct 2006
If a paradise-like, luxurious waterfront property with a private swimming pool, access to a 24-hour service by a top resorts group in an Indian Ocean island is your idea of a holiday home, your dreams could come true with the launch of the second...
Sandton parking moved for Gautrain
25 Oct 2006
Work on the Gautrain swings into action, with the municipal parking area in Sandton becoming a construction office. The taxi rank is also moving. By Lucille Davie
SA Property unaffected by rate hike
25 Oct 2006
In a statement released shortly after the recent interest rate rise, the chairman of a South African property group, said that South African residential property market will not be phased by the announced 0,5% increase in the interest rate.
Winelands farm workers to get land
25 Oct 2006
An innovative empowerment deal will transform previously-disadvantaged residents and employees on the three Franschhoek-based Solms-Delta properties into land owners, after generations of tilling vineyards on which they had no claim.
Rosebank Hotel to regain grandeur
25 Oct 2006
Two Gauteng landmarks, the Rosebank Hotel in Joburg, and the Mount Grace Country House and Spa, in Magaliesberg, were snapped up last month in a R1-billion buying spree by a listed property fund.
New body to act on bad renovations
25 Oct 2006
South Africa's renovations and alterations industry, which has long operated outside any legitimate authoritative control, is on track for an image upgrade with the recent launch of the Master Contractors Accreditation Bureau (MCAB).
Waterberg property heats up
26 Oct 2006
Limpopo Province's Waterberg area is seeing its property market perform at a rate of knots. Foreign investors simply cannot get enough of the area's authentic bushveld appeal and local investors are enjoying healthy returns on their property...
Global land affair trends affect SA
26 Oct 2006
International trends on utilising land for production by farmers are having an impact on South Africa. Even the government is having a change of heart with regard to land affairs. By Jean-Marie De Waal
KZN: elite homes fetch high rentals
26 Oct 2006
Sectional title renters can take their pick of relatively affordable units in KZN but high end; exclusive homes in up market suburbs are fetching high rentals and yielding good returns.
Retirees want homes with offices
26 Oct 2006
Until now, developers aiming to attract retirees rarely provided space for home offices, reckoning that if senior citizens did need some sort of workspace, they would just convert the rarely-used second bedroom or part of the living area.
Don't buy a B&B for 2010
26 Oct 2006
Don't buy a Bed & Breakfast if you want to make money out of the 2010 Soccer world Cup, warns Neville Schaefer, Chairman of national residential letting company Trafalgar.
ID urges for mortgage tax relief
26 Oct 2006
Urgent attention should be paid to lessening the tax burden on the middle income group in South Africa, Independent Democrats (ID) finance spokesman Avril Harding said on Wednesday in reaction to Finance Minister Trevor Manuel's medium term...
Energy companies fuel Norway market
26 Oct 2006
For some places, at least, global warming is a good thing. Norway's Hammerfest, for example, one of the northernmost (and coldest) towns in the world, has suddenly become part of a scramble for the resources offered by the Arctic. By Andrew...
Cyprus, Croatia are places to buy
27 Oct 2006
South African investors could earn higher capital growth in a number of European property markets over the next year or two than what they are likely to achieve in their own back yards. By Joan Muller
Energy companies fuel Norway market
27 Oct 2006
For some places, at least, global warming is a good thing. Norway's Hammerfest, for example, one of the northernmost towns in the world.
Homeowner incentives: complex issue
27 Oct 2006
Providing incentives or tax breaks for middle class people with mortgages is a complex issue particularly as they are used in South Africa as collateral for other things like a yacht "or a holiday in Mauritius", says Finance Minister Trevor...
Investors sit tight after rate hike
27 Oct 2006
Expectations of large numbers of buy-to-let investors dumping second, third and fourth rental properties on the back of higher interest rates and lower income yields haven't yet materialised. Some market commentators are even reporting renewed...
Investors pour Rbns into new malls
28 Oct 2006
Despite a growing perception that urban South Africa is fast becoming over-shopped, developers and investors continue to pour billions into building new malls. By Joan Muller
PE's Wedgewood in innovative JV
28 Oct 2006
An innovative joint venture between two of the country's leading property development companies will breathe new life into a decades-old Port Elizabeth golf course and introduce the village retirement and golfing estate concept to the area.
Picking an architect 'challenging'
28 Oct 2006
Finding the right architect to build your dream home can be a challenge, with so many to choose from but it doesn't need to be a stumbling block in ones building plans.
Bela Bela market stays lively
30 Oct 2006
The Bela Bela market is lively thanks to fast expansion over the past two years; Property prices have climbed steeply on the back of strong demand and several game farms surrounding the town are being subdivided to supply new development land.
Mines boost Lowveld property market
30 Oct 2006
New mining development in Mpumulanga is providing a major stimulus for the residential property markets in and around Lydenburg, Burgersfort, Steelpoort and Ohrigstad.
Cape Flats locals own new franchise
30 Oct 2006
The Empowerment Division of a South African property group has opened its doors in Elsie's River on the Cape Flats, with a new franchise office wholly owned by local shareholders. Homes in this area are said to be appreciating in value.
Developers battle for Buffalo City
30 Oct 2006
The ongoing battle of three developers competing to build a multi-million rand regional mall in East London was given a new twist last week with a fourth developer, major retail player Atterbury Property, entering the fray. By Joan Muller -...
WRand market enjoys 'soft landing'
30 Oct 2006
The West Rand property market continues to benefit from its "re-discovery" as a property gem and has easily withstood the comparative downturn in property demand this year.
Construction deal empowers women
30 Oct 2006
For the first time, women have an opportunity to participate in contracts to supply construction materials in the Western Cape. This has been made possible through the formation of a new company, Mamela Construction Suppliers (Pty) Ltd.
Buying shares through a destination club
30 Oct 2006
Destination Clubs are the fastest growing segment of the luxury travel market. From jet setters to baby boomers, affluent households are increasing.
R220m flat complex for Gardens
31 Oct 2006
A R220m complex of duplex and simplex apartments, designed around a garden courtyard with its own canal, has been planned for a prime site next to the Mount Nelson Hotel in Gardens, Cape Town.
SA buyers prefer central London
31 Oct 2006
While South Africans are showing increasing interest in purchasing residential property abroad, whether it be for lifestyle or investment purposes, their appetite remains strongest for London property.
CT's Plattekloof gains popularity
31 Oct 2006
The suburb of Plattekloof is following in the footsteps of Constantia's Steenberg region, with its spectacular views and new palatial homes built by moneyed buyers in what are some of the most exclusive security estates in the Western Cape.
Rentals flying in CT CBD
31 Oct 2006
Apartment rentals in Cape Town's CBD are flying off the books as fast as they come in, and tenants are becoming more discerning about what they want.
Welcome to the Cape - now pay up
31 Oct 2006
The commercial property market in the Cape is alive with opportunities for investors - but the privilege of owning a business in this region doesn't come cheap.
Industrial market boom kick-started
31 Oct 2006
The residential and retail property booms have kick-started the industrial property market with the strength of retail sales pushing up imports, resulting in an increased demand for warehousing. This is providing excellent yields for investors....
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