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Property specialist Pangbourne (PAP) on Friday reported that its distribution for the year to June 30 amounted to 120,93 cents per unit, an increase of 6,08% over the 114 cents per unit distribution for the year ended June 30 2007. I-Net Bridge
The two major aspects set to shape and boost the fractional ownership market in South Africa over the next few years are fractional ownership finance, and the emergence of top-class global exchange platforms.
<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> thinks SA's shortage of skills is a far bigger risk to the economy than a...
With the launch of the Green Building Council of South Africa and regulations regarding the energy efficiency of buildings greater than 80sq m(SANS 204), the topic of green building is the latest buzz in today's built envoronment. Antonella Dèsi...
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 sew a stylish headboard slipcover to cover a drab bedhead.
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 this do-it-yourself tub fountain that...
No matter how small your garden, <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:blue;font-weight:bold;font-size:11px;">Janice Anderssen</a> says there is always room for a water...
In order to sell a home these days, owners need the property to outshine the competition and also need to be very patient as well as highly negotiable on price. Renovation is therefore a good option but there are caveats...
Standard Bank's median house price fell to R550k in August, a contraction of 1,8% year-on-year (y/y) following a 2,6% y/y decline in July, the banking group said on Monday.
An issue that has recently been causing concern and confusion amongst buyers and sellers in the property market is that of levy stabilisation funds. An expert unpacks this concept.
While most residential property players have fallen on hard times, auctioneers are doing a roaring trade, with one major player reporting a ten-fold increase in distressed property sales. By Joan Muller
Role players from the property industry will come together from 5 to 7 September for a property show held at the Cape Town International Convention Centre (CTICC).
It may be more difficult to obtain a home loan now but it is still possible. There is still money available for those with substantial deposits, good credit records and reliable incomes.
South African-based construction group Wilsom Bayly Holmes-Ovcon (WBO, WBHO) will be executing work worth R18,3bn for the year to June 2009 – up from R10,6bn the same time a year ago. By By Tiisetso Motsoeneng, I-Net Bridge
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 replacing a single tile is more...
The appearance of damp is dreaded by every homeowner. Not only because of the underlying problem but also the effort involved in getting rid of it. By Antonella Dési
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> says with spring almost in full swing, it is high time you transform that...
In a classic example of why buyers should invest in a professional home inspection before making an offer to purchase, the Supreme Court yesterday ordered the eviction of a homeowner as a result of a ruling based on the 'voetstoots' clause. By...
Due to inflation and the high costs of property an increasing number of buyers are pooling resources with friends, family or likeminded investors in order get a foothold in the market. By Brenda Nkuna
Muizenberg is undergoing a major transformation with the re-vamp of its historic Victorian seaside buildings – and now the opportunity to be a part of this has arrived.
There has been a 38% year-on-year (y/y) decrease in the amount of national property sales transactions (across all property price brackets) completed between January and July 2008, compared to the same period 2007, statistics by RE/MAX of...
An increasing number of land use contraventions in the greater Blaauwberg region over recent months have "serious implications" for city planning, and affect safety and security, good governance and regulatory reform.
The 30% target set by government and reinforced at the Polokwane conference of the ANC last December, for handing over agricultural land to black farmers by 2014, is not going to be met until 2025, according to the new director general of land...
The newly developed FNB House Price Index recorded 2,3% year-on-year (y/y) price inflation in August, compared with 3,5% in July, thereby continuing its declining inflation trend, FNB said on Thursday. I-Net Bridge
South African nominal year-on-year (y/y) price growth in all three categories of housing - small, medium, and large houses - in the middle segment of the market slowed down further in August 2008, according to the latest Absa House Price Indices...
Purchasing property within a complex or block of flats promises a host of advantages – security, close neighbours and a body corporate – but it remains the owner's responsibility to differentiate between personal and communal insurance.
Mpumalanga's Department of Housing plans to convert the 440 hostels in the province into comfortable flats that will be rented to the public. By Thandy Ndlovu, BuaNews
Two of the four buildings remaining to be completed at a Cape Town office development will be ready for occupation at the middle of next year. The final two can be ready by August 2009.
To circumvent possible conflict between the landlord and agent, a clear and written agreement stipulating the role the agent is expected to fulfil, should be drawn up and signed by both parties, he says.
Properties in Tesselaarsdal, a tiny village in the Hemel en Aarde valley of the Overberg, still offer growth potential reminiscent of the recent boom times – in some cases doubling in value within a year.
The Rosebank Hotel, a landmark in the area since it was built in its present form more than 34 years ago, has a new lease on life following a major refurbishment.
While there has been a clearly detectable upswing in business confidence in all the areas, consumer confidence in the residential property sector has not yet recovered.
Twelve of the world's leading specialists in green building will be presenting a range of information on the subject at the inaugural Green Building Council of South Africa (GBCSA) Convention & Exhibition 2008.
South Africa no longer counts among the world's top 10 performing housing markets, a new report by UK-based property group Knight Frank shows. By Joan Muller, Fin24.com
A year ago, the average attendance for a Sunday show house in Port Elizabeth was around fifteen people. Today, whatever the price range, five is considered acceptable.
Cement sales in Southern Africa fell 7,2% year-on-year (y/y) in August to 1,297m tons from a 0,7% y/y dip in July, data from the Cement and Concrete Institute showed on Friday.
Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:blue;font-weight:bold;font-size:11px;">Janice Anderssen</a> says before deciding on a window treatment,...
The original motivation for louvre shutters was to protect a home's interior from the elements before the mainstream use of glass windows was implemented. By Antonella Dési
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> says with spring almost in full swing, it is high time you transform that...
Most people will admit to having heard of the term "home automation", but very few can actually attest to knowing what it actually means. Antonella Dési takes a look at how home automation has revolutionised home living.
Despite winter being a traditionally slower season for the property market, there has been unusually high interest in bungalows on the Clifton beachfront over the past few months.
With strong local support regarding the proposed upgrade of the Plettenberg Bay airport in order to accommodate larger planes, there is optimism that this will materialise and have an extremely positive impact on the area's residential property...
The lights have dimmed in Beijing's Bird's Nest stadium and now the spotlight is swinging south to focus on South Africa as it prepares for the world's next huge sporting extravaganza – the Soccer World Cup in 2010.
House prices slipped a further 0,8% month-on-month in August, and are now 5,5% lower than in August 2007, according to mortgage provider ooba's latest 'oobarometer' price index. I-Net Bridge
<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> asks why the government keeps trying to fix things that aren't broken – and...
Pattern and practicality finally meet, home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556" style="color:blue;font-weight:bold;font-size:11px;">Janice Anderssen</a> explores...
The current uncertainty in the real estate market means that it's very common for homebuyers to make their offers to purchase contingent on the sale of their existing homes.
Widely regarded as one of the best preserved Victorian cities in the world, Pietermaritzburg is a popular hunting ground for people wanting properties that date back more than a century.
Government has earmarked rural development as one of four priorities that should be pursued in an effort to alleviate poverty. By Hennie Duvenhage, SakeRapport
The latest SAPOA Office Vacancy Survey offers an explanation for the continued increase of commercial office rentals not only throughout Cape Town, but in fact throughout the whole country.
Interior decorators are often faced with the laborious job of taking notes, drawing sketches and diagrams on-site and eventually having to transfer it all to computer, save it and distribute it in digital format.
Unlike conventional property, an owner of a sectional title property also has to get the consent of 75% of the members of body corporate before he can build that extra bedroom, thus extending his section. By Judith van der Walt
In the face of potential political and economical instability as well as a struggling local property market, an increasing number of affluent SA property buyers are moving to off-shore property investment.
A <i>City Press</i> investigation has triggered the cancellation of a multi-million-rand tender awarded to black-owned construction company Ilima Projects to build a hospital in Soweto. By Dumisane Lubisi and Jackie Mapiloko, City Press
Sedgefield, snuggled midway between Knysna and George, has recorded a 29,76% year-on-year (y/y) growth in registered sales ending June 30, according to Garth Wearing, broker/manager of RE/MAX Coastal and Lakes.
In today's market, you can source virtually any product off the Internet – from groceries, to theatre tickets to holidays, and now, you can even purchase architect's plans over the web. Antonella Dési takes a look at the services offered by a...
Residential sales activity among end-user buyers might be flagging countrywide, but interest among buy-to-let investors in touch with demand for rental stock is "visibly rising".
An anticipated improvement in the household sector's financial situation is expected to reverse the fortunes of the South Africa's ailing residential mortgage market, says FNB property economist John Loos.
A new R700m premier-grade office park is being developed at the Corlett Drive exit of the M1 Highway, diagonally opposite the landmark Melrose Arch mixed-use precinct.
Before the introduction of National Credit Act (NCA), a buyer's affordability was based on 30% of his gross income without taking liabilities into account.
Homeowners who are considering additions or alterations to make their home more attractive to potential buyers should focus on exterior projects at the moment.
Head of CPI at Statistics South Africa, Patrick Kelly, told I-Net Bridge on Friday that their rental survey started in 2005 will be used in the new Owners' Equivalent Rent (OER) measure in the new CPI index to be released in February next year,...
The fact that the economy took a marked upward swing in the second quarter of this year (growing quarter on quarter by 4,9% after the first quarter's growth of only 2,1%) should not be taken as an indication that we are now into a strong economic...
The Dinokeng area to the north-east of Pretoria is set to boom, thanks to a Blue IQ initiative which aims to establish the area as a premier tourist destination.
South African investors snapped up 30 units yesterday at the Johannesburg launch of The City Peninsula, London's exclusive new development in the up and coming Greenwich Peninsula area. By Tracey Sandilands
The jury may be out as to when interest rates will peak, but experts agree that when they do, it will be the best time to buy property unit trusts (PUTs).
Over the past 18 months, the rural economy and particularly that of the Eastern Cape, Karoo and Kalahari, has seen significant investment into businesses.
<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> says it's time South Africans demand better service – or we shouldn't pay.
Keeping your pool clear and clean throughout the year can become an arduous task if you don't know what you are doing. Antonella Dési gets some advice from expert, Brian Scheckle, owner of pool maintenance company, Pool Busters.
Colliers Residential, a division of Colliers International, has secured its 64th residential real estate operation in South Africa. Colliers International Berea, in Durban, has operated for five years in the region and has now joined Colliers...
An investment property that had languished on the market for more than a year earned Johannesburg businessman Jason Rowe more than he bargained for when he listed the home with Chas Everitt International.
It appears amidst the hype surrounding the City of Cape Town giving the green light for to what was purported to become the city's "tallest building" at 137 metres high, it was forgotten that the current Metlife building measures in at 150...
The index that measures confidence in the South African civil construction sector fell modestly for the third straight quarter, reflecting a downswing in the private residential building cycle market, but the overall mood remained upbeat. By...
With the lack of regulation in the property industry, many naïve buyers are being ripped off by a variety of people, from agents through to sellers and developers. This Property24 user wrote in to tell us how she was done in by a 'friend', and...
Growthpoint Properties Limited, South Africa's largest JSE listed property company, has reported an exceptionally strong year for commercial property leasing.
The value of South African recorded building plans passed at constant 2000 prices in July decreased by 13,3% year-on-year (y/y) from a revised decrease of 25,3% (24.5%) in June, Statistics South Africa (Stats SA) data on Wednesday showed. By Evan...
Here is a unique glass treatment that is applied directly to the glass. Home décor and DIY expert <a href="http://www.property24.com/Property24/Hub/ShowSectionArticles_Full.aspx?articleid=3556"...
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 glass bricks provide an attractive...
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 liven up dull linens with an exciting touch of trim.
According to the director general of the public works department, Manye Moroka, there is a possibility that the controversial Expropriation Bill could be revived next year. By Michael Hamlyn, I-Net Bridge
Banks may well have clamped down on mortgage lending to middle and upper income buyers but they are still keen to fund the affordable housing sector. By Joan Muller
The recent decline in the USA, UK and many European growth rates (and in the value of their share markets) may have given the impression in SA that all foreigners are now pulling in their horns.
A 'Lease with Option to Purchase' transaction or lease-option for short, is a method for facilitating the purchase of a home by a larger percentage of people, but whom, for one reason or another, aren't quite ready to make the purchase yet.
With today's crime statistics being what they are, it is essential that homeowners take as many precautions to make their homes as secure as possible, and one of the most popular ways of securing your home, is to install a home alarm. By...
Strong upward economic growth in Richards Bay is behind the decision to relocate and enlarge the Tusk Umfolozi Casino, currently situated in Empangeni.
Offers to purchase submitted from buyers supported with guarantees of 100% bonds and backed up with their own costs should be taken very seriously by sellers.
The new Revenue Laws Amendment Bill, issued 1 August 2008, includes a proposal to revamp the allowance which applies to residential housing units let out by the taxpayer. Tax expert David Warneke examines the proposal.
As controversial as ever, <a href=" http://www.property24.com/Property24/Hub/GuestExperts_Default_Full.aspx?articleid=7542" style="color:blue;font-weight:bold;font-size:11px;">Paddy Hartdegen</a> believes the banks should be helping people out of...
Bargain buying opportunities are starting to appear on the market, particularly in new sectional title projects, as it becomes increasingly expensive for developers to keep unsold stock on their balance sheets. By Joan Muller
In response to the retirement accommodation shortage in the Western Cape, Schonenberg Retirement Village - situated within the upmarket Schonenberg Estate in Somerset West - has opened its doors and the first homeowners have taken occupation.
A prime located modern, four-storey commercial building in Cape Town's well-known and historic Bo-Kaap has been sold by for close to the undisclosed asking price.
Many homeowners are under tremendous financial pressure to sell currently but the advice from the experts is to hold on to your existing property or at the very least stay in the property market.
As a result of recent court rulings, the perception has grown in the SA property market that a property owner is entitled to enforce his "rights to a view" as part of his general property ownership privileges - but this is not so.
Potential buyers, particularly those who are young and, as yet, undecided about property ownership, should make the necessary sacrifices and get on to the property owning ladder now.
Selling a property can be a stressful process at the best of times, and in the current economic environment it is even more so. An expert highlights some of the risk areas that sellers need to watch out for when putting a house on the market.
With global financial markets in turmoil due to massive losses from the US and UK mortgage defaults, the South African distressed debt environment is certainly not out of the woods yet.
Agricultural smallholdings on Benoni's periphery are attracting strong interest from developers who have identified their potential for residential development.
The coastal road from Gordon's Bay to Hermanus is one of the country's most scenic routes, and it's no surprise that the small towns scattered along the way are hugely popular as holiday getaways.
Having a good old South African jol with a strong artistic tinge is now a lot easier with the opening of The Grand Daddy in Long Street, a four-star hotel mixing theatre, food and accomodation. By Patrick Burnett, West Cape News
Laminate flooring has become a widespread favourite due to its many advantages and relatively few weaknesses. Antonella Dési finds out more about this firm favourite.
Outdoor entertaining is a staple South African pastime, and for this reason, a well appointed patio is a must-have for every well finished home. By Antonella Dési
Speculation has been rife in recent days regarding the week's political events, i.e. the re-calling of President Thabo Mbeki, and the potential impact on the residential property market. A foremost expert gives his opinion.
The outgoing minister of Public Works, Thoko Didiza, has told a questioner in the National Assembly that her department has a legal opinion from senior counsel confirming the constitutionality of the Expropriation Bill. By Michael Hamlyn, I-Net...
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 some fun and easy ways to remodel your place and up the value at the...
If your job or life circumstances give you no choice but to sell your home in the current market, and you really need to sell soon, you are going to have to go "above and beyond" to find a buyer.
Numerous complaints from city residents concerned about the safety of electrical wires mounted on top of property boundary walls has resulted the city drafting a boundary walls and fences policy. By Peter Luhanga, West Cape News
It was announced in Parliament on Monday that the department of public works has finally withdrawn the troubled Expropriation Bill. By Michael Hamlyn, I-Net Bridge
Section 34 of Insolvency Act is an old peace of legislation, but many people do not know of its existence and asked for an explanation why you need to advertise when selling your business or the core assets of the business.
This week, Property24's columnist <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> tells it like it is once again on the...
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> has started DIY courses specially for children.
Lucille Geldenhuys is the owner of Lucille Geldenhuys Attorneys in Stellenbosch in the Western Cape and has been at the cutting edge of the legal industry for almost twelve years, specialising in property law, notarial work and commercial law.