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All the notes issued under Series Three of Growthpoint Notes Issuer Company, the issuer company for Growthpoint Properties Limited, have been upgraded by Moody's Investor Services.
When reselling a sectional title unit it is absolutely essential that both the owner and the agent understand fully what the garaging arrangements are.
Now is a good time to buy in the Plumstead precinct and its adjacent areas, Steurhof, Southfield and Diepriver, due to considerable stock on the market.
An Italian styled home situated in a pan-handle across the road from the Pretoria Country Club in Waterkloof in the east of the city has come on to the market for R6,6m.
Thousands of buyers in Soshanguwe, Mabopane and Hammanskraal in the Pretoria area will shortly be living in units currently under construction. By Ingrid Smit
Apartments in security complexes in the upmarket port area of St Francis Bay, about 70km from Port Elizabeth, are now available at prices from as little as R550k.
The East London neighbourhood of Cambridge is getting a facelift as an increasing number of homebuyers acquire properties to renovate and resell at a profit.
A supplier of affordable housing is on track to list on the Alternative Exchange (AltX) of the JSE Limited by way of private placing and offer for sale on 20 September 2007.
Plans are being drawn up for the biggest housing development in the province, including homes, schools, social and work facilities, as well as an agriculture hub. By Emily Visser
An initial public offering (IPO) to be listed on the Johannesburg Stock Exchange (JSE) on the 21st of September, Jozibond, is currently up for tender. By James Monteiro
The growing number of new entrants to the property market is putting the existing housing stock under strain – and prompting more people to consider building a new home instead of buying a pre-owned one.
A new breed of young, upwardly mobile tenants are moving into Johannesburg's inner city, with thousands of rental flats starting to come on stream as the office-to-flat conversion and refurbishment trend gains momentum. By Joan Muller
Two parks in high-density Johannesburg city suburbs – one in Yeoville and one in Troyeville – have been reopened after multimillion-rand revamps. By George Matlala
In the eight weeks since the launch of phase one of Grand Central Wynberg, 239 (58%) of the 414 apartments on sale in the R212m residential and retail development block have been sold.
Stands valued at close to R40m have been sold (on sole mandate) within the first month of the official launch at an exclusive, residential development set in a natural wetland environment on the East Rand.
Following on the success of the 27-unit Costa Azul development in Blouberg in the Western Cape, two new sister developments is being launched in the same suburb.
Only four units in a well situated development located right on the banks of the Malgas River offering an exclusive security complex is now for sale at about R3,5m each.
Despite the relatively quiet market caused by numerous factors but especially the increased home bond interest rates and the new Credit Act, the demand for student accommodation remains strong.
As the demand for suitable land for residential development in Port Elizabeth rises, the sought-after suburb of Lovemore Place seems to be unaffected by the slight slowing in house price appreciation as seen throughout the greater parts of the...
A new, technology-driven method of property valuation known as Computer Assisted Mass Appraisal (CAMA) seeks to place all property valuations on the same footing, leading in most cases to rates increases.
A world-first comes to Cape Town soon when South Africa's first large-scale "smart" estate switches to wireless technology that will detect emergencies and send live surveillance camera video feeds to response cars.
There is rising demand for flats as well as new free hold homes in Hazeldean, a suburb in the east of Pretoria, and this has prompted the launch of a new apartment development.
People with limited savings or people who don't qualify for bonds now also have the opportunity to invest in a low risk, high return property portfolio.
Owners of commercial property are making it nearly impossible for the South African listed property sector to increase its market value sufficiently to lure foreign investors. By Elma Kloppers, Sake24
Bringing malls closer to the people bodes well for both retailers and consumers, but requires major capital investment. It also presents a sterling opportunity for black economic empowerment.
The land claims commissioner is out of order with his unilateral decision that the state can, as the buyer in restitution transactions, appoint the transfer lawyer, says a lawyer. By Isabel Stoltz
SA Corporate Real Estate Fund said on Wednesday that the Competition Tribunal had approved its R965m acquisition of the Buffcol portfolio of 40 mainly industrial properties.
Hostel dwellers in Langa together with the City of Cape Town and their provincial counterparts will celebrate a R208m project on Saturday to turn apartheid era single sex hostels into family units.
A property development company has announced the acquisition of about 150,000sq m of space in a new industrial park to be developed in the Western Cape.
Despite hefty price tags in Nottingham Road, this town in KwaZulu-Natal's renowned Midlands Meander now also offers lower to middle income buyers a chance to own a piece of it. By Ingrid Smit
The City of Cape Town has made significant progress in processing the 35,000 objections to the 2006 General Valuation Roll – of which 9,500 objections have been resolved.
Shops For Africa Ltd, which has been operating under a cautionary since early June 2007, is planning to relist on the JSE as a new-look, recapitalised property investment and development company called SA REIT LTD.
Investors were offered the option to exchange a full basket of listed property shares and units reflecting the index FTSE/JSE SAPY (South Africa's listed property index) for exchange traded fund (ETF) units during an initial public offering.
The knock-on effect of numerous property developments in and around Muizenberg in Cape Town has been slower than expected, according to some business owners in the area. By Brenda Nkuna
The further expansion of the Cape Town International Convention Centre (CTICC) is good news for the city, and its benefits may even extend into the property market.
Only one of the four units at the R20m The Summit residential development built in Higgovale, below Table Mountain's Kloof Nek, still remains to be sold.
There is no end in sight for property and holiday investment options offered to the richest of the rich in the most robust residential market in Dubai in the United Arab Emirates. By Elma Kloppers, Sake24
The recently-launched Seaton Delaval is an upmarket equestrian estate that provides horse sports enthusiasts the opportunity to recapture the experiences of country-style living.
The Social Housing Bill, which is currently before Parliament, was sharply criticised on Tuesday by the National Association of Social Housing Organisations (NASHO) as being too strong on regulation but not sufficiently strong on the creation of...
The integration of green principals into the commercial building sector could become a matter of course in the future, with a number of initiatives under way in South Africa during 2007 that deal with the sector. By Steve Kretzmann
Small to medium commercial property ownership created a wealth of interest earlier this year, research data shows overall commercial property returns have decreased from 30,1% in 2005 to 26,7% in 2006. By James Monteiro
Affordable housing in South Africa got a shot in the arm on Tuesday when Absa, the country's largest retail bank, inked an agreement with the French Development Agency (Agence Française de Développement - AFD) to borrow 40m euros. - I-Net Bridge
Two privately owned property developers announced a working partnership which will see the companies jointly constructing the first upmarket, multi-residential river fronted development on the Free State side of the Vaal River.
The improvement of residency rights and the redistribution of superfluous government land will be an act of empowerment and will bolster the economy more than any proposal currently being considered.
Knowledge of each other's rights and obligations is the first step in establishing a good relationship with your neighbours and enjoying your home to the full.
While speculation is rife that the introduction of the National Credit Act (NCA) is contributing to the slump in the property market, the rental market is quietly experiencing rapid growth.
The fear, so widely publicised a few months ago, that the new 2010 Soccer World Cup international class sports stadium at Mouille Point in Cape Town would lower property values throughout the precinct, has proved completely groundless.
The well-known Avis building located on the corner of Beach and Coronation Roads in Maitland, Cape Town, has been sold to an investor for R4,62m through Pam Golding Commercial Auctions.
A property portfolio managed by the black-owned property management firm Hermans & Roman has been boosted by R1bn through a three-way management outsourcing.
Randburg has much growth potential and already has a booming rental market and buying in the Randburg area is a great investment because the property in the area is available at slightly lower prices in comparison to properties in the surrounding...
Modderfontein in the east of Johannesburg is exploding and Heartland Properties' Greenstone project, one of the biggest mixed-use developments, is sold out. By Elma Kloppers, Sake24
The landmark Kraaifontein Hotel, situated in the Cape Town's northern suburbs just 25km from the city centre via the N1, was recently sold for R2,2m to a church group on an auction.
Anyone buying property from a non-South African resident should be aware that they must withhold tax from the proceeds of that sale as of 1 September this year.
Sellers of South African residential property should take note that certain banks now have a rule that three months' notice is required to cancel a bond.
Blackheath's location has been the cause for a lot of youngsters moving into the area and investors realising above-average returns on investments. By James Monteiro
If the Reserve Bank is trying to encourage South Africans to save rather than spend, it needs to create a stable environment that encourages the purchase of property.
A supplier of affordable building materials, such as cement, corrugated iron roof sheeting, doors, windows and timber, will be listing on the Alternative Exchange (AltX) of the JSE by way of private placement on 28 September 2007.
Banks are getting increasingly involved in initiatives to speed up housing delivery and mortgage lending to low income earners as their end of 2008 deadline to meet their R42bn commitment draws near. By Joan Muller
According to Economists less than 5% of the banks' total mortgage lending is capped at a fixed rate. The age old question then arises – to fix or not to fix?
Falkirk Park is a new business/industrial centre which will rise out of the shell of the old Durban Falkirk Iron building on the Bluff in Durban within a few months.
Lonehill is one of the more popular areas in Johannesburg's northern suburbs, and transaction figures month-on-month reinforce this status. By James Monteiro
Brisk sales are being recorded in the cheaper ranges of the Somerset West property market, long regarded as one of the Western Cape's premier residential addresses.
The initial public offer (IPO) period for Africa's first property tracker fund, which closed on Friday 7 September, secured a total commitment of about R300m.
Housing group RBA Holdings (RBA), which is due to list on the JSE's AltX on Thursday, says its private placing of 65m shares at a price of one rand per share, was substantially oversubscribed. By Nicole Rego, I-Net Bridge
Building materials company Aveng (AEG) said its shareholders would be offered a price of R53,16 per share in their 65,8m share buy-back offer running from 15 October to 2 November. By I-Net Bridge
Situated on 145 hectares along the Roodekrans Ridge and between the Crocodile River and the Walter Sisulu Botanical Gardens, Featherbrooke Estate offers over 1,000 residential units. By James Monteiro
Commercial building cost inflation has slowed down markedly from its peak of 37% year-on-year in the third quarter of 2005, to the 16% recorded for the first quarter of 2007, but it is still high relative to consumer inflation.
Sectional Title home-owners are often confused as to the responsibilities regarding the maintenance of their unit and unsure when to call upon the body corporate for help.
Housing group RBA Holdings (RBA) made its AltX debut on Thursday, opening 20 cents higher than its placement price of 100 cents. By Nicole Rego, I-Net Bridge
Re-sales in certain new residential developments in Louis Trichardt in the Limpopo Province are showing unheard-of returns on investment of up to R100k – prior to the units even being registered.
Frequently described as KwaZulu-Natal's Clifton, the sought after Umhlanga area just north of Durban is recognised as a lucrative location for property investors.
Tito Mboweni has hiked interest rates yet again and the National Credit Act (NCA) makes it harder to obtain bond finance, but expectations are that the market will recover next year.
International irrationality aside, there's no doubt that talk of banning or regulating foreign land ownership in SA is gorgeously convenient politics for leaders of the ruling party who are preparing to face their grassroots support base at the...
Even though all agents provide similar services, there are a few checkpoints you can use to ensure that you are engaging in a business relationship with a good and responsible agent. By Karen Wheller
There's exceptional value for money to be had on the property market south of Alberton, with the added bonus of an active municipality that is determined to preserve the pastoral ambience of the area.
Africa's first property tracker fund successfully listed on the main board of the JSE Limited with an opening price of R35,45 at the opening of trade this morning.
Homeowners preparing their properties for sale as well as buy-to-let investors need to think about the features that will most impress the new generation of buyers and tenants – and the lifestyles of young adults can provide valuable clues.
The sales value of residential property auctions is set to grow faster than the value of any other type of auction if South Africa follows the international trend.
South Africa's commercial building cost inflation rose to 29% in the second quarter of 2007 from 16% during the first quarter of the year, the FNB Commercial Property Finance Property Building Cost Index showed on Tuesday.
The southern suburbs of Johannesburg have generally not been able to keep pace with their leafier, northern counterparts in terms of top-end house prices, but that no longer seems to be the case if recent sales achieved at a new golf estate south...
The Khayelitsha CBD is set to receive a boost following the sale of 25 hectares of land by the City of Cape Town to Khayelitsha Business District (KBD) Housing for the development of 1,200 housing units. By Brenda Nkuna
The construction of a new sectional title development close to the Strand CBD is set to start in February 2008 with occupation scheduled for August 2008.
With interest rates now 3% higher than they were two years ago and likely to rise by another 0,5% in October, some residential buy-to-rent investors are now seriously considering selling some or all their units.
Many jokes do the rounds about what the jargon in real estate advertising really means, but a Canadian study has now shown that the choice of words in an ad really does influence selling price as well as the time it takes to sell a property.
Located near OR Tambo International Airport is the suburb of Bartlett, an area with a relatively active property market, but with a marked increase in the price of free hold houses during the last twelve months. By Bavani Naidoo
An acute shortage of accommodation in the Mpumalanga mining towns of Steelpoort and Roosenekal is fueling property market activity in nearby Middelburg.
Site development plans for the Schonenberg Retirement Village in Somerset West, situated on the greater Schonenberg Estate, have been approved by all Council departments.
South African hotel group The Don Group (DON), owner of the Don Beach Road Hotel in Cape Town, returned to the black in the year ended June. - I-Net Bridge
If you're thinking about buying your first home now that price growth has slowed down, take care to budget properly. The total cost of owning a home may well be more than you've imagined.
In the current climate of rising interest rates and stricter controls on credit, there is more demand than ever for affordably-priced housing – and Cape Town's Northern Suburbs continue to deliver, resulting in ongoing demand across all price...
Township property prices continued to surge in the early stages of this year, despite a higher interest rate environment, a new survey showed on Thursday. – I-Net Bridge
The property market as a whole may have taken a knock recently as a result of consecutive interest rate hikes and a tightening of credit controls, but demand for property in premium locations continues to fuel market growth.
South African gaming, hotel and entertainment group Peermont plans to develop a new casino, hotel and conference facility in Richards Bay and a new hotel and conference facility in Klerksdorp. By I-Net Bridge
Daveyton is characterised by a high number of transactions taking place in the area, during the current period and last period alike. By James Monteiro