| MARKET TRENDS |
SA faces "extremely difficult" monetary policy dilemma -
Moneyweb, 26 June 2013
Upside risks to South Africa's inflation outlook
are making lower interest rates unlikely but they do not necessarily imply a
tightening of monetary policy, Reserve Bank governor Gill Marcus said on
Wednesday. |
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| GENERAL PROPERTY
NEWS |
Electricity costs anger ST residents - Property24, 27 June
2013
Residents of sectional title complexes around Bloemfontein are
complaining bitterly about the level of electricity accounts that are being
received, calling them unaffordable.
Cities to lodge Civil Claims against construction firms -
eProp, 26 June 2013
Various cities across South Africa are planning to
lodge civil damages claims against construction firms involved in the
development of their respective 2010 FIFA World Cup stadiums.
Apartment linked to Herman Pretorius on auction - Moneyweb, 25
June 2013
A luxury Claremont apartment which forms part of the assets of
a company in liquidation and of which the late Herman Pretorius was a director,
will be presented for public auction on-site by the ClareMart Auction Group on
Wednesday, July 10.
Building plans passed value up 33.3% during January to April
2013 - eProp, 25 June 2013
Value of recorded building plans passed
increases by 33.3% during January to April this year compared with January to
April last year. |
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| RESIDENTIAL
PROPERTY NEWS |
Can partner withdraw from joint bond? - Property24, 27 June
2013
Two Property24 readers ask questions about how one party to a home
loan can be released so that the other is free to apply for a new bond of their
own.
Rental maintenance: tenant & landlord - Property24, 27
June 2013
Navigating the ins and outs of a rental agreement can be
tricky – especially when it comes to maintenance and repairs. Both tenants and
landlords should take careful consideration of their rights and responsibilities
before placing their signatures on that dotted line.
Buy-to-let is dead - FNB - Iafrica.com, 26 June 2013
Interest in residential buy-to-let property was little changed in the second
quarter of 2013‚ the FNB Estate Agents Survey showed.
Betting on student letting - eProp, 23 June 2013
It
appears that the housing slump has bypassed university towns like Stellenbosch,
Grahamstown and Potchefstroom on the back of strong growth in demand for rental
stock.
Landlords demand larger deposits - Moneyweb, 21 June 2013
Deposits as a percentage of monthly rentals are increasing, but landlords
and rental agents could experience difficulty in finding quality tenants who can
afford a deposit of more than one month’s
rent. |
|
| COMMERCIAL
PROPERTY NEWS |
Commercial property demand and trends - Property24, 26 June
2013
The commercial property sector is set to improve in 2013 because of
the difficulties of bringing new developments into fruition, and this will
create demand for property in certain areas in the country such as Houghton,
Bryanston and Rosebank, according to Paul Barrow, head of property at the Barrow
Group in Johannesburg.
Commercial property activity uptick in Tygervalley Cape Town -
eProp, 26 June 2013
A recent uptick in development activity in
Tygervalley has led to the node further establishing itself as a big player in
the Cape Town commercial property market.
Fines level playing field in construction industry - eProp, 26
June 2013
Werksmans Attorneys director Paul Coetser says the
Construction Fast Track Settlement Process has worked well.
FNB launches new Office Development Willowbridge Place -
eProp, 26 June 2013
First National Bank today officially opened
Willowbridge Place, a new office development in Cape Town’s northern suburbs.
Rural retail still tops in Eastern Cape - eProp, 26 June
2013
The Eastern Cape, a region mostly overlooked by commercial property
investors when compared with other parts of South Africa, is experiencing a
sustained retail and property boom.
Sandton City Office Tower gets a facelift - Moneyweb, 25 June
2013
One of South Africa’s most recognizable office locations, the
Sandton City Office Tower, is to receive a significant facelift to its façade.
Co-owned by Liberty Holdings and Pareto Ltd, the upgrade will be managed by
Liberty Properties.
Global retail experts to speak at the SA Council of Shopping
Centres congress - eProp, 25 June 2013
Aptly themed "Un-Cover", this
year's 17th Annual Congress of the SA Council of Shopping Centres (SACSC) brings
together retail masterminds from across SA and the globe in September to delve
into the latest sector trends and research.
Public Works appeals to property sector to help get house in
order - eProp, 24 June 2013
The DPW signs property leases on behalf
of government departments, but has never before had a formal discussion with the
property sector about issues of mutual interest.
SA's vibrant property precincts - Property24, 24 June 2013
There is much to be said for the rejuvenation of decaying suburbs or the
creation of vibrant, thriving nodes within city areas, but what precisely is it
that makes for a successful precinct, and gives it a clear and appealing
identity of its own, asks David Reid, investment sales broker for JHI Properties
in Gauteng. |
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|
| ESTATE AGENT
NEWS |
Top qualifications for estate managers - Property24, 27 June
2013
South Africans Johan Kruger and Boet Grobler have become two of
just five people outside of the USA to achieve the world’s highest and most
prestigious formal qualification in the professional management of residential
community estates.
Technology focal point in real estate - Property24, 25 June
2013
The continual developments in technology have raised the efficiency
of many businesses and also had a massive impact on the way property
transactions are handled across the globe.
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|
| SPECIFIC AREAS |
Sumptuous Plattekloof home for R26.99m - Property24, 27 June
2013
Plattekloof is a sought-after suburb situated just off the N1 and
offers breathtaking views of Table Mountain, The City Bowl and Atlantic Ocean.
Gap housing in Mitchell’s Plain - Property24, 27 June 2013
The Westcape Villas development in Mitchell’s Plain provides an excellent
opportunity for buyers who fall within the gap housing market.
New development in Macassar from R320k - Property24, 26 June
2013
Macassar, the small suburb located 12km from Somerset West in Cape
Town, just south of the N2 freeway, is about to get a new housing development.
Affordable coastal homes in Mossel Bay - Property24, 26 June
2013
Located between majestic mountains and the Indian Ocean, the Garden
Route is one of the most popular tourism destinations in South Africa.
Constantia property a sound investment - Property24, 26 June
2013
Buying a home in Constantia, Cape Town is bound to be a good
investment with home values and demand seemingly on the rise.
Value for money homes in Durban Bluff - Property24, 24 June
2013
Situated within reach of the industrial hub of Prospecton and 20
minutes’ drive from the centre of Durban, the Bluff is a prominent, natural
landmark of the city and an area which is underrated by those who are not
familiar with all it has to offer. |
|
| INTERNATIONAL
PROPERTY NEWS |
EU agrees on bank failure rules to avoid bailouts - Moneyweb,
27 June 2013
Establishing who will pay for bank bailouts in the future
without having taxpayers foot the bill.
A diplomat says the European Union
has struck a deal on joint rules establishing who will pay for bank bailouts in
the future without having taxpayers foot the bill.
US first-quarter growth cut to 1.8% - Moneyweb, 26 June
2013
US economic growth was more tepid than previously estimated in the
first quarter, held back by a moderate pace of consumer spending, weak business
investment and declining exports.
US transitioning to landlord-favourable market - eProp, 26
June 2013
In the U.S., the stock market and, in particular, the housing
market are inspiring cautious confidence in many MNCs. |
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