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Articles published in October 2008

 
Bedfordview project nearly sold out
01 Oct 2008
A new cluster development in Johannesburg's Bedfordview is nearly sold out.
What are your offshore options?
01 Oct 2008
Many South African property investors are now looking overseas to diversify their property portfolios while others are looking for emigration options. An expert provides some global options.
House price inflation slows further
01 Oct 2008
House price inflation slowed further year-on-year (y/y) in September, edging closer to the seemingly inevitable spectre of deflation, the FNB House Price Index showed on Wednesday. I-Net Bridge
'Generators for all projects'
01 Oct 2008
A Somerset West development company will be equipping al its forthcoming developments with diesel generators capable of maintaining a full power supply to all their premises.
Liberty buys Nelson Mandela Square
01 Oct 2008
Liberty Group announced on Wednesday that it had taken full ownership of Sandton's Nelson Mandela Square after paying R231m for the 22,97% interest previously held by Transnet Pension Fund. By I-Net Bridge
Q3 2008 FNB building confidence up
01 Oct 2008
An index of builders' confidence rose modestly in the third quarter of 2008, reflecting a slight increase in demand for new houses. I-Net Bridge
Looking inside
01 Oct 2008
To a large extent, the style of your home will dictate the style of windows you choose for it. Antonella Dési takes a look at the other important matters regarding the choice of window frames that ought to be given serious consideration before...
Ongoing maintenance is key
01 Oct 2008
When, as now, economic conditions in South Africa become tough there is always a tendency for cash-strapped homeowners to cut back on what should be a totally non-negotiable outlay - the ongoing maintenance of their homes.
What managed leases entail
01 Oct 2008
For landlords letting out their properties there are two fee and service structures for rental agents.
Industrial land a boon to SA
01 Oct 2008
Despite a near or full-blown recession in large parts of the world, things may actually be looking up for South Africa due to a wealth of unique opportunities, especially in industrial property.
Unruly tenants more pain than gain
01 Oct 2008
Although a property portfolio can be an alluring investment option, investors could find themselves in the proverbial pickle should tenants' behaviour infringe on the rights of others in a sectional title scheme. Property24 legal expert Lucille...
When price doesn't matter
02 Oct 2008
Browsing through the internet it's apparent that those who seek to purchase or sell homes at the very top end of the property market are not really all that concerned about price.
WC town's prices climbing steadily
02 Oct 2008
Property prices in the Whale Coast town of Pringle Bay, situated on the Whale Coast, is climbing steadily.
'Focus on core business'
02 Oct 2008
In a tightening market, managing income steams has become more important and more time-consuming for property owners.
Sept house prices jump 3,6% y/y
02 Oct 2008
Standard Bank's median house price jumped by a surprising 3,6% year-on-year (y/y) in September from a y/y decline of 1,8% in August, the banking group's property gauge showed on Thursday. I-Net Bridge
Highveld to get new beach resort
02 Oct 2008
A covered beach in Centurion? This may sound far-fetched, but it is part of a developer's ambitious dream to erect an enormous entertainment centre of about R6,5bn in Centurion. By Elma Kloppers, Sake24
Southcoast Mall being expanded
02 Oct 2008
R11m are currently being invested to expand the Southcoast Mall in Shelley Beach on KwaZulu-Natal's South Coast. Sake24
Be careful with non-SA sellers
02 Oct 2008
A small minority of non-resident sellers still do not realise that in terms of section 35A of the Income Tax Act, a withholding tax applies to any sale with a value of R2m or more.
Value sells KZN's south coast
03 Oct 2008
The residential property market in the middle to lower south coast area of KwaZulu-Natal remains resilient, with value for money one of the region's key selling points.
CT suburb achieves new record price
03 Oct 2008
A record price has been achieved for a free-standing home in Upper Claremont, with a luxury five-suite house with separate guest cottage in Hen and Chicken Estate selling for R19m.
Constantia prices still strong
03 Oct 2008
Although Constantia has witnessed much the same price falls as the rest of South Africa, these came off an exceptionally high level.
Special views of CT at R18,7m
03 Oct 2008
A Bishopscourt home in the Cape Peninsula with exceptional views has come on to the market at R18,750m.
'Green' buildings can cost more
03 Oct 2008
Although SA property developers are slowly but surely adopting more environmentally friendly design and construction principles, there is concern about the additional costs involved in going the green building route. By Joan Muller
Swing into spring
03 Oct 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> shows how to make a cool swinging daybed for your patio to spend your lazy...
Struggling with bond approval?
03 Oct 2008
A decline rate of up to 75% in the number of home loans being submitted is currently being experienced due to stringent market conditions and the tightening of the banks' lending criteria. Due to bond originators the end result is a decline rate...
Ruling confirms voetstoots clause
03 Oct 2008
A ruling by the Witwatersrand High Court in 2007 has now been reversed by the Supreme Court of Appeal, reaffirming the commonly accepted understanding of the law.
The whole truth brings peace
03 Oct 2008
Here's why sellers should disclose all the faults in their property to potential buyers.
Safe guarding
03 Oct 2008
In the modern South Africa, many communities are not only secured by the state police, but also by metro police, neighbourhood watch organisations or other voluntary community patrol systems, as well as private security patrols – all working...
Pricey Umhlanga still strong
06 Oct 2008
Positive input from government, a reduction in interest rates, and the creation of a stable economy for off-shore investors head the wish lists of some of Umhlanga's eminent real estate principals.
CT's Plumstead records good growth
06 Oct 2008
Plumstead has in recent years been one of the largely unrecognised success stories of the Cape property scene, outperforming in its price increases many of the better-known areas.
FNB property barometer falls to 4,1
06 Oct 2008
The FNB Property Barometer for the third quarter of 2008 declined to an average activity level of 4,1 – the lowest in the history of the Barometer – from a level of 4,4 in the second quarter, reflecting further weakening in demand activity levels...
Canal Walk scoops award
06 Oct 2008
Canal Walk was announced Cape Town's Best Shopping Centre at a gala event at the Cape Town International Convention Centre.
Residential property still safe haven
07 Oct 2008
With the First World's economies facing their severest challenges since the early 1930s and with many investors now opting for such safe havens as gold, one might not expect top end property still to be a popular investment choice – but it is.
Demand still steady in Camps Bay
07 Oct 2008
There is still a steady demand for homes in Camps Bay, Cape Town, despite the tougher conditions affecting property buyers at present.
Property values: What's the truth?
07 Oct 2008
The market has been bombarded by a wide array of housing data in recent weeks that doesn't paint a consistent picture of the current state of the residential property market. By Joan Muller, Finweek
EL's upper ranges faring well
07 Oct 2008
Despite the prevailing property market conditions, the East London residential sector is positively buoyant.
Home sellers chop asking prices
07 Oct 2008
Nearly 90% of South African home sellers were unable to realise their price target in the third quarter, reflecting the continued downturn in the housing market, a new survey showed on Monday. I-Net Bridge
Empowerment should be for all
07 Oct 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 economic empowerment is the right of ALL of South Africa's youth -...
Alex hostels converted into flats
07 Oct 2008
Alexandra is rapidly turning into a destination in its own right, thanks to the Gautrain station, the Alexandra Renewal Project (ARP), housing, improved infrastructure and facilities, and the Pan African shopping centre. By Lucille Davie
20% of homeowners sell to emigrate
08 Oct 2008
More and more homeowners are selling their homes to emigrate, reflecting jitters among minorities caused by the South African political climate, a property expert said on Monday. I-Net Bridge
Property firm to list on Altx
08 Oct 2008
An intrepid property development company will be making its debut on the JSE's Altx, despite the challenging economic environment. By Elma Kloppers, Sake24
Recovery only delayed by politics
08 Oct 2008
The recent deposing of President Mbeki has surprisingly caused only a momentary halt in property's recovery - and it now continues as before.
Middle house price growth very low
08 Oct 2008
South African nominal year-on-year (y/y) price house price growth in the middle segment of the market in September dropped to its lowest level in more than 15 years. I-Net Bridge
Raising a glass to architecture
08 Oct 2008
Today, glass has become a core structural and design elements in both newly built and renovated homes the world over. Antonella Dési
Wising up on water
08 Oct 2008
With climate change being such a prevalent issue, some may argue that water shortages may become the 21st century's most burning environmental concern. As an established and attractive garden can add substantial value to your property, a...
Mortgage defaults surge
09 Oct 2008
An increasing number of homeowners are defaulting on home loan repayments, with an estimated 70 000 South Africans currently in mortgage arrears, latest figures from the Alliance Group shows. By Joan Muller
Estate selling stands at '06 prices
09 Oct 2008
The developer of a Cape olive estate has decided to market the last 34 stands at the same prices as two years ago.
Regional cement sales rise 1%
09 Oct 2008
Cement sales in Southern Africa rose 1% year-on-year (y/y) in September to 1,283m tons from a 7,2% y/y plunge in August, data from the Cement and Concrete Institute showed on Tuesday. I-Net Bridge
Lights, bling, action
09 Oct 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> shows how the fabrics you pick for your upholstery...
All white is dynamite!
09 Oct 2008
Technically speaking, white is not actually a colour, but the absence of a unique spectral reflection. However, when using white in decor, it is so much more than merely the lack of colour – instead, it's a design entity in its own right,...
Rawson encourages perseverance
09 Oct 2008
Rawson encourages agents daunted by new qualifications to persevere.
Two new vice-presidents for Ieasa
09 Oct 2008
The Institute of Estate Agents (IEASA) has announced the appointment of two new national vice-presidents.
Listed property still robust
10 Oct 2008
Property analysts say although unit prices in this sector will possibly be coming under further pressure due to international fluctuations, the income component of listed property is still a positive factor for investors. By Elma Kloppers, Sake24
SA housing should miss crisis
10 Oct 2008
The impact of the current crisis on South Africa, including its property market, could potentially be far less than on many other countries around the world, says Nedbank's chief economist, Dr Dennis Dykes, in a statement circulated on Tuesday....
Life-long rental a no-brainer
10 Oct 2008
A leading property group has dismissed as totally inadvisable the renewed debate surrounding property ownership versus rental.
Golding: Repo rate decision good
10 Oct 2008
Although most South Africans will understandably be disappointed, Thursday's decision by the Monetary Policy Committee to keep the repo rate unchanged is to be expected given that our economy continues to experience inflationary pressures.
Melrose Arch rentals beat Sandton
10 Oct 2008
With achieved gross rentals topping R200/m², offices at Johannesburg's prestigious Melrose Arch node are giving the Sandton CBD, long acknowledged as the city's financial heartland, a real run for its money.
Property surviving 'Eskom Effect'
13 Oct 2008
The fallout from the power situation has not affected the property market as much as was initially anticipated.
Lonrho to develop Angola project
13 Oct 2008
Lonrho (LAF), the conglomerate with a structured portfolio of African investments, on Friday announced that it has signed an agreement to develop an aggregate project in the Province of Bengo, Angola, to supply the growing Angolan construction...
Entrepreneurs not mortgage risk
13 Oct 2008
Small business owners are often viewed as bad risks when it comes to mortgage finance, but new study shows that they are actually better risks than the average borrower.
Commercial property gives certainty
13 Oct 2008
Whilst the uncertainty of global markets currently haunts investors, the certainty of income streams on commercial property is proving to be relatively comforting for commercial property investors.
Avoid tenant deaths!
13 Oct 2008
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> rails against all those who ignore the safety aspects of apartment buildings.
Garage before - funky pad after!
13 Oct 2008
Our home 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 reshape your basement or garage room from being a dingy...
Cooking with gas
13 Oct 2008
Gas stoves are becoming increasingly popular due to the number of advantages they offer when compared to their electric counterparts. Antonella Dèsi examines what these are.
Banish kitchen boredom
13 Oct 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> gives some helpful tips for guiding your colour...
Garage before - funky pad after!
13 Oct 2008
Our home 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 reshape your basement or garage room from being a dingy...
All decked out
13 Oct 2008
With the onset of summer – homeowners around the country will be spending more and more time outdoors, and what better place to lounge around and relax in the hot summer sun, than your own private wooden deck? By Antonelle Dési
Youth boosts Kuilsrivier market
14 Oct 2008
The property market in the Western Cape town of Kuilsrivier is showing signs of renewed activity, with young buyers being particularly evident in the market.
Plot fetches record EL price
14 Oct 2008
A vacant residential stand on the south side of the Nahoon River in East London has just been sold for a record price of R2,65m – 30% higher than any single residential plot previously sold in the East London area.
Property firm debuts on AltX
14 Oct 2008
Property group Quantum Property (QPG) announced on Monday that it had successfully debuted on AltX, with the market currently reflecting offers for the share as high as R1,75. I-Net Bridge
Cape market is turning corner
14 Oct 2008
The Cape residential property market is at the bottom of the cycle and is in the process of turning the corner - and from now on should improve.
Oz project to be launched to SA
14 Oct 2008
A residential development on Australia's Gold Coast will soon be launched to the South African market. By Eugene Brink
Cashbuild revenue up 29%
14 Oct 2008
Building materials retailer Cashbuild (CSB) said on Tuesday that revenue in the first quarter of the current financial year was up by 29% on the first quarter of the previous financial year. I-Net Bridge
Survey: Pta home the best
14 Oct 2008
Die Kliphuis in Mooikloof, Pretoria, was voted the best building in SA in a recent poll. Sake24
How property tax deductions work
14 Oct 2008
A general principle of tax law is that the onus of proof is on the taxpayer to prove deductions to which he/she is entitled.
Living with your (extended) family
14 Oct 2008
With the worsening economic situation causing many people to lose their jobs, families are being forced to tighten their belts. For many, one ideal way to save money is to combine living expenses by moving in with other family members.
Crisis good for property?
15 Oct 2008
South African home loans originator ooba on Tuesday said that the global stock market meltdown and worldwide banking failures are likely to spur renewed interest in the safety of bricks and mortar. I-Net Bridge
WC residential village launches
15 Oct 2008
A residential village has recently been launched within the 450 ha Langebaan Golf & Country Estate on the West Coast.
Why SA residential market is sound
15 Oct 2008
The turmoil and near-collapse experienced in the world's financial markets in the last three weeks have left people wondering just how all this will affect the South African residential property market.
London CBD values not suffering
15 Oct 2008
Prime CBD residential London property had shown almost no drop – in fact, less than 5%.
Draft tax rebate for staff homes
16 Oct 2008
A new draft amendment is aimed at encouraging employers to transfer ownership in low-cost houses or apartments to employees. Tax expert David Warneke explains how this applies to all employers, not just farmers.
'Rates could drop soon'
16 Oct 2008
An expert predicts that after last week's welcome South African Reserve Bank decision to leave the interest rates as they are, the first long-awaited drop in the rates could take place as early as this coming December.
WC town draws lifestyle buyers
16 Oct 2008
Heidelberg in the Western Cape is widely regarded as the western gateway to the Garden Route and is benefiting from increasing numbers of tourists.
Plett farm for sale at R11,5m
16 Oct 2008
A 9.5 hectare, coastal property has come onto the market, just seven kilometres from sought after Plettenberg Bay on the Garden Route. The property includes three main houses and a cottage, incorporates unspoilt fynbos, its own streams and dams,...
Make playful beanbags
16 Oct 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> shows how these large floor cushions are ideal for...
Get clutter sorted
16 Oct 2008
Organising your household becomes easier when you have enough places to put things away. Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556"...
Share a room with Winnie the Pooh
16 Oct 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 Disney themes that are a wonderful way to...
Don't wait until repossession
16 Oct 2008
One of the saddest aspects of the current slow-down in the residential property market is that buyers faced with having their homes repossessed as a result of falling behind in the payment of their bonds all too often take no steps to avoid this...
Child-proof your home
16 Oct 2008
Antonella Dèsi offers some pointers on how to remedy some prime potential hazards for children in the home on a room-by-room basis.
How to avoid underinsurance
16 Oct 2008
Guest expert <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?ArticleId=4707" style="color:black;"><u>Constant Laubscher</u></a> says underinsurance is a very common phenomenon and it remains a mystery why property...
CT rentals: Cheaper still better
17 Oct 2008
Where in the Greater Cape Town area can an investor get a rental covering 50% to 60% of his bond?
Big Zambian development launched
17 Oct 2008
South African property developer Liberty Properties and the Zambia National Pension Scheme Authority (NAPSA) on Thursday launched a development project in Lusaka, Zambia, the first of its kind for Liberty. I-Net Bridge
New mixed-use fractional option
17 Oct 2008
The Zorgvliet Group has now decided to introduce a mixed-use element at all of its destinations.
SA has interesting housing trends
17 Oct 2008
The Trafalgar City report 2008, launched on Thursday, reveals that analysis done on private and public sector property sales over the past two years has unearthed interesting trends throughout South Africa. I-Net Bridge
Q and A on sect. title living
17 Oct 2008
Sectional title expert <b>Les Raynard </b>answers a fields a few thorny communal living questions from readers.
Value of finished buildings up 5,4%
17 Oct 2008
The total value of buildings reported as completed at current prices to larger municipalities during January to August 2008 increased by 5,4% (R1,610,200) compared with January to August 2007, figures released on Wednesday by Statistics South...
Value of building plans passed down
17 Oct 2008
The value of recorded building plans passed by larger municipalities at current prices during January to August 2008 decreased by 3,6% (-R1,997m) compared with January to August 2007, figures released by Statistics South Africa on Wednesday...
Land restitution more expensive
20 Oct 2008
The Commission on Restitution of Land Rights is spending more money for fewer hectares than in the past, according to Chief Land Claims Commissioner Blessing Mphela. By Michael Appel, I-Net Bridge
Randburg clusters near completion
20 Oct 2008
A cluster development for young professionals and families in Broadacres, Randburg, is nearing completion.
Young buyers grab Mamelodi homes
20 Oct 2008
Affordable homes in the former township areas of Eersterust and Mamelodi to the east of central Pretoria are selling like hotcakes to buyers in their 20s and 30s.
Demand bolsters rentals in Strand
20 Oct 2008
Rental accommodation is in strong demand in Strand and nearby Gordon's Bay, with top properties attaining rentals of R9k a month.
Don't get too excited yet
20 Oct 2008
Estate agents have reported a sudden up-tick in show house visitors and buying interest since mid-August, suggesting that South Africa's housing slump could be at or near its bottom. By Joan Muller
SA homeowners not in storm alone
20 Oct 2008
Hard-pressed South African homeowners at least have the consolation of knowing that they are not alone in battling with a poor property market and that inevitably conditions will improve.
Building standards widely flouted
20 Oct 2008
Controversial columnist <a href="http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:black;"><u>Paddy Hartdegen</u></a> explains why the recent Roodepoort construction tragedy won't be the last.
Do it right with black and white
20 Oct 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> shows how to mix black and white against any colour for a fresh and vibey...
Fit the right faucet
20 Oct 2008
Nowhere in the home is the saying "the devil is in the detail" truer than in the bathroom. By Antonella Dési
Stock it with pots
20 Oct 2008
Container gardening is a distinct form of gardening, which has a number of advantages. First and foremost, container gardening is ideal for small areas, it also provides the benefit of being mobile and offers a unique architectural quality that...
Rates: Why they need to stay high
21 Oct 2008
A deficit of 8% or more of a country's gross domestic product isn't sustainable and if nothing is done about it, it must eventually affect the country's exchange rate. By Vic de Klerk, Finweek
Central London market still sound
21 Oct 2008
Amid global volatility in terms of equities, prime located residential real estate in central London remains a sound investment and a key destination for property investors, including South African buyers.
7 streets, stadium in Alex renamed
21 Oct 2008
Several prominent streets and a stadium in Alexandra are to be renamed after the township's apartheid struggle heroes. By Ndaba Dlamini, BuaNews
Rental demand dips
21 Oct 2008
Data emerging recently from more than one residential property player show that demand for rental accommodation has softened in recent months, forcing landlords to lower their asking rentals. By Joan Muller
Namibia to get mixed-use project
21 Oct 2008
The Namibian capitol will soon have its own mixed use precinct – with retail, residential, hotel, entertainment and offices all interlinked.
Black businessman buys PW's house
21 Oct 2008
The home of former State President PW Botha was sold to well-known businessman, Sango Ntsaluba, for R4m.
Make sure your home is fully clad
21 Oct 2008
Cladding has been used by architects much like an artist adding his final stroke of paint to a masterpiece. It can give a distinctive aesthetic value to any building and a personal touch that transforms a house into a home.
Eco-chic cool
21 Oct 2008
A new wave of design, entitled eco chic, is a budding style trend that confirms that eco-friendly need not necessarily be merely practical, dull and boring. By Antonella Dési
Residential property still popular
22 Oct 2008
With the First World's economies facing their severest challenges since the early 1930s and with many investors now opting for such safe havens as gold, one might not expect top end property still to be a popular investment choice – but it is.
CT suburb suited to many tastes
22 Oct 2008
De Waterkant has enjoyed a reputation as a trendy and artistic environment for over two decades now – predating the rejuvenation of the CBD and even the development of the V&A Waterfront.
Confidence rising in Onrus market
22 Oct 2008
The property market in the Western Cape coastal town of Onrus is showing signs of picking up steam.
R100m bond finance facility granted
22 Oct 2008
Blue Financial Services (BFS) has been granted a R100m financing facility from the National Housing Finance Corporation (NHFC), which will significantly expand its mortgage lending business in South Africa. I-Net Bridge
Firm gets slice of road project
22 Oct 2008
Privately owned medium-sized construction firm Power Group has been awarded a 610.3 million rand contract to revamp one of Gauteng's busiest roads, it said on Wednesday. I-Net Bridge
Commercial sector shows cracks
22 Oct 2008
A few cracks are starting to show in some sub-segments of SA's multibillion rand commercial property sector, where the demand for space is coming under pressure. By Elma Kloppers, Sake24
Century City grows phenomenally
22 Oct 2008
The Century City office market, which has almost tripled in size to more than 200,000sq m in the past four years, is now the fourth largest office node in the Western Cape and within a year will move into third position as further new development...
Let your bathroom blossom
22 Oct 2008
Bathrooms have lost their plain utility status – and are fast becoming a deal maker or breaker in real estate sales.
Revamps abound in CT's Welgemoed
23 Oct 2008
Cape Town's Welgemoed area is enjoying a surge of refurbishments, additions and alterations as residents prepare for a market upturn.
Kenilworth unit for sale
23 Oct 2008
A 280sq m apartment in a complex in Cape Town's Kenilworth has just come on to the market at R2,525m.
Downscaling creating new trends
23 Oct 2008
Downscaling is becoming an established trend in the current trend and this is leading to new property types becoming sought-after.
Buyers like conservative Rondebosch
23 Oct 2008
The adjective "conservative" characterises many of the homes in Rondebosch. But for many property buyers these are exactly the homes they like.
Bank caters for low-income buyers
23 Oct 2008
A major South African bank has launched an affordable housing finance offering to South Africans earning below R9,760.
Rentals bloom in City of Roses
23 Oct 2008
Bloemfontein is a vibrant, bustling city steeped in history with an equally bustling rental market.
Constantia gets security estate
23 Oct 2008
A new security estate development is being launched in the heart of Cape Town's Constantia.
R700m in six months for land reform
23 Oct 2008
In the last six months the state has spent over R700m on buying land for restitution purposes, the acting Chief Land Claims Commissioner Blessing Mphela recently said. Sapa
Paying your dues with property
23 Oct 2008
Once again it is that time of year when everyone is frantically filing their tax returns and for most this is a fairly easy process. But what are the tax implications of selling or owning a property?
Ground breaking at WC complex
24 Oct 2008
Ground breaking has started on a 192-unit sectional title security complex in Gordon's Bay in the Western Cape.
Who has say over common property?
24 Oct 2008
When a family buys an apartment in a scheme with a big expansive garden which forms part of the common property, they probably contemplate that the children can play in the garden in the afternoons after school, or maybe even on a Saturday...
The rich buying into Mozambique
24 Oct 2008
South Africans' visits to Mozambique tended to be more from those "roughing it", backpacking, biking or staying in basic, simple accommodation.
Caution on negative property equity
24 Oct 2008
The South African Reserve Bank (SARB) cautioned on Thursday in its latest Financial Stability Review that a possible impact on financial stability of the weaker property market could be felt through negative equity. By Evan Pickworth, I-Net Bridge
Two luxury KZN projects being built
24 Oct 2008
Construction is well under way at two new luxury residential developments in the scenic coastal village of Umdloti, just north of Durban and Umhlanga.
Progress being made at KZN estate
24 Oct 2008
Work is well under way at a large residential estate in KwaZulu-Natal's Mount Edgecombe.
WC becoming residential haven
24 Oct 2008
The Cape West Coast is growing in popularity as a full-time residential alternative, while at the same time maintaining its reputation as a highly sought-after holiday destination.
Unlock value in commercial property
24 Oct 2008
An expert provides tips on how to maximise the value in commercial property.
Dbn office project soon completed
24 Oct 2008
Construction on a new office development in Durban's Westville will be completed by the end of this month.
CT city living goes suburban
27 Oct 2008
A new development in Cape Town's Wynberg is bringing contemporary inner-city living in into the suburbs, whilst catering to young, first-time buyers.
When tenants run business from home
27 Oct 2008
When letting a property it is vitally important to be in control of exactly what your tenant can and cannot do, particularly with regard to running a business from the property.
Buy now, emigrate later
27 Oct 2008
Buying residential property offshore is becoming an increasingly popular way for South Africans to get a foot in the door of a potential immigration destination. By Joan Muller
Non-residential property still healthy
27 Oct 2008
Office and industrial property rentals continue to grow impressively, the latest issue of the Rode Report on the SA Property Market showed on Monday. I-Net Bridge
Group Five flees residential market
27 Oct 2008
High interest rates, falling sales and lower profits are forcing the South African-based construction firm Group Five (GRF) to move away from the softening private residential property market. By Tiisetso Motsoeneng, I-Net Bridge
Crisis may affect firm's order book
27 Oct 2008
South African construction firm Aveng (AEG) warned on Friday that the global liquidity squeeze and general slowdown in global economy may affect its order book in the medium term. By Tiisetso Motsoeneng, I-Net Bridge
Why you can't buy property via car
27 Oct 2008
Why you can use your bond to buy a car but not vehicle finance to buy a house.
Beating the building blues
27 Oct 2008
The best, and perhaps the only way of guaranteeing that building or renovating your dream home doesn't turn into nightmare, is to carefully select a well respected and professional builder from the outset of the project. This will be a key...
Improve and coin!
27 Oct 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> gives a few cool tips how you can quickly up the value of your place by...
Making scents
27 Oct 2008
The fragrance of plants and flowers is believed to be mostly to attract insects, birds and animals to pollinate the flowers. By Antonella Dési
Stellenbosch home for sale at R17m
28 Oct 2008
Priced at R17,175m, a double-storey thatched homestead in a Stellenbosch estate has just come on to the market.
Military veterans to get houses
28 Oct 2008
In a move to give support and economic assistance to military veterans, the Housing Committee of Minister and MECs (MinMEC) have approved the military veterans housing assistance programme. By Luyanda Makapela, BuaNews
Dropping land policy 'reckless'
28 Oct 2008
The African National Congress' (ANC) call to abandon the "willing buyer, willing seller" land redistribution policy is reckless, agricultural union TAU SA recently said. Sapa
KZN project to get residential part
28 Oct 2008
Construction of the residential component to a R1,5bn mixed-use development in KwaZulu-Natal is set to commence in early 2009.
Sect. title growing in Bedfordview
28 Oct 2008
Sectional title developments and gated communities are quickly altering the property landscape in Johannesburg's Bedfordview. Sake24
Hermanus farm auctioned for R7,4m
28 Oct 2008
A 27-hectare farm in the Hemel-en-Aarde valley in Hermanus was recently sold on an auction for R7,4m.
Tax cuts for commercial owners
28 Oct 2008
Good news for commercial property owners in the current economic downturn is a South African Revenue Service (SARS) ruling that the cost of any new and unused commercial building can be written off at 5% per annum. By Caitlin Ross
M&R secures R12,5bn in new orders
28 Oct 2008
Heavy construction group Murray & Roberts (M&R) has secured R12,5bn in new orders in the first quarter of its financial year, resulting in an 11% rise in its order book to R61bn at the end of September, it said on Tuesday. I-Net Bridge
Pietermaritzburg project for sale
29 Oct 2008
A prime 3,32 hectare development site in Pietermaritzburg has become available for purchase.
Politics more harmful than meltdown
29 Oct 2008
Many of the big fears regarding the impact of the world's debt crisis are being discounted by the South African property sector which is now beginning to look forward to a slight upturn in sales in 2009.
Residential recovery in offing?
29 Oct 2008
Recovery signs in the Cape residential property market appear to have been vindicated by recent figures from the national bond originators, ooba, which show that average house prices year-on-year (y/y) for September have risen by 3% to 3,5% from...
WC lodge has good occupancy
29 Oct 2008
A new Western Cape lodge, which went into operation officially in early September, has achieved 50% occupancy every weekend since the second week of that month.
Property industry consolidating
29 Oct 2008
As predicted, South Africa's real estate industry is consolidating and shedding agents in response to the current slow market.
DStv training channel to launch
29 Oct 2008
A free national marketing and sales training channel on DStv for all South African residential and commercial real-estate agents and property professionals will be launched during the month of November.
Make your garden flow
29 Oct 2008
A water feature is always a welcome place of refreshment in any landscape – Antonella Dési explores how it can create a sense of natural serenity, add tranquil acoustics and draw interesting creatures into your garden.
Landlords, tenants must now beware
30 Oct 2008
The financial institutions' clampdown on defaulting mortgage bond repayments has made it absolutely essential for those landlords who are themselves bonded to receive payment from their tenants on time every month.
Tricky rental questions answered
30 Oct 2008
Rental expert Michelle Dickens answers some of the tricky questions sent in by Property24's readers.
Land reform: 30% not done by 2014
30 Oct 2008
Tozi Gwanya, the director general of land affairs, finally admitted to a parliamentary committee on Wednesday what everyone has covertly known for years – that his department is not going to come within a bull's roar of achieving the target set...
Many houses for Delft residents
30 Oct 2008
Housing minister Lindiwe Sisulu has officially handed over 1,000 new homes worth R160,000 each to their owners at a ceremony held in Delft outside Cape Town on Thursday 23 October. By Brenda Nkuna, West Cape News
Jhb gives R790m for 2010
30 Oct 2008
The executive mayor of Johannesburg, Amos Masondo, announced on Wednesday that R789,1m has been budgeted for by the city for the 2010 FIFA World Cup.
Fidentia HQ sold for R42m
30 Oct 2008
As part of the liquidation of Arthur Brown's Fidentia, 1 Waterford Place & the 'Sycodeli' building in Century City, the former Fidentia HQ, have been sold for the sum of R42m.
CT node's rents to grow in 1-2 y.
30 Oct 2008
It will take another 12 to 24 months for rentals at the 1,000 apartments that were built over the last few years in the Tyger Lake Waterfront to become really attractive.
Sellers should abandon high prices
30 Oct 2008
Perhaps the most common mistake made by sellers of homes in the current market is still to insist on a price that is no longer acceptable.
Playing it safe
30 Oct 2008
Every South African owes it to themelves to do everything in their power to secure their homes as best as they possibly can. By Antonella Dési
Atlantic Seaboard draws cash buyers
31 Oct 2008
There is still a steady demand for quality homes at the top end of the market, and nowhere is this more evident than on the Atlantic Seaboard, where cash buyers have continued to seek out their homes from a wider selection than they've had in...
Jhb suburb's prospects improve
31 Oct 2008
Property prospects are looking up in the middle class Johannesburg suburb of Weltevreden Park, in response to the unchanged interest rate and early indications of improvements in the local business sector.
EC to get convention centre
31 Oct 2008
The Nelson Mandela Bay Municipality (NMBM) has issued a Request for Proposals (RFP) for the development of an International Convention Centre (ICC) in Nelson Mandela Bay, South Africa.
It's business as usual for PUTs
31 Oct 2008
In December last year, the National Treasury released a discussion paper on reforming the listed property industry in South Africa, aimed at bringing it in line with global best practice. But for Property Unit Trusts (PUTs) it's business as usual.
SA architect offers online service
31 Oct 2008
South African architects are climbing on the internet bandwagon. However, one firm believes it's not enough to just offer online templates.
Don't raise rentals too fast, far
31 Oct 2008
Landlords capitalising on demand for rental property in the current economic climate should be cautious about raising rentals too fast and too far.
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