| MARKET TRENDS | SA's gated estates generate 65 000 jobs - Moneyweb, 09 April 2013
A recent survey indicates that about 65 000 people are employed directly and indirectly on secure gated estates and sectional title residential developments in South Africa.
4.3% growth in global house prices - Property24, 05 April 2013
House prices around the world rose by an average of 4.3 percent in 2012, according to Knight Frank’s Global House Price Index. The report reveals of the 55 housing markets tracked in the index, 20 saw prices fall in 2012 down from 25 in 2011, and 19 of the 20 markets were located in Europe. |
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| GENERAL PROPERTY NEWS | Cities grapple with valuations mess - eProp, 11 April 2013
Johannesburg is not alone in dealing with a valuation roll mess. Cape Town, reputed to be an efficient administration, is faced with the same headache.
5 star hotel market in Cape Town - Property24, 09 April 2013
Five star hotels will benefit even more than four star hotels from the increase in tourism over the next five years and five star hotels are expected to be the fastest growing hotel category, according to PricewaterhouseCoopers (PwC). |
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| RESIDENTIAL PROPERTY NEWS | Home loans for less than R18k earners - Property24, 10 April 2013
SA Home Loans, South Africa’s largest non-bank specialist home loan provider, has entered the affordable housing market, a development that spells welcome news for house hunters earning less than R18 000 per month.
Work in the city, live in the country - Moneyweb, 10 April 2013
While golfing is often a strong motivator for those who invest in golf estate homes, these estates are about much more than just golf, says Seeff Centurion managing director, Steve van Wyk.
Smart home staging tips for selling - Property24, 10 April 2013
When selling a home first impressions count, and an important aspect in achieving a successful sale is to avoid a situation where potential buyers overlook your property due to poor maintenance, clutter and the like.
Home price growth improving - Iafrica.com, 08 April 2013
Growth in the average value of homes in some categories of housing in the middle segment of the South African residential property market appears to have reached an upper turning point‚ Jacques du Toit‚ property analyst at Absa Home Loans‚ said on Monday.
Construction in favour of small homes - Property24, 08 April 2013
The report on building statistics reveals that the number of new housing units for which building plans were approved by a local government institution was down by 648 units, or 16.6 percent year-on-year (y/y) in January 2013 as a result of a significant drop of 34.8 percent y/y in the number of plans approved for houses less than 80 square metres.
Priced right, your property will sell - Property24, 05 April 2013
Plettenberg Bay, a popular holiday destination is reportedly seeing an increase in interest among home buyers particularly in the leisure homes market.
Rights of a tenant, when a property is auctioned - Moneyweb, 04 April 2013
South African tenants are protected by the common law principle of “huur gaat voor koop”, which essentially translates to the concept that a lease comes before a sale. “This is good news for tenants, as this means that if the property they are renting is ever sold, the new landlord must honour the existing terms of the rental agreement. |
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| COMMERCIAL PROPERTY NEWS | Operating costs hit commercial property sector - eProp, 11 April 2013
Operating cost increases continue to have a negative effect on income growth in the commercial property sector.
The Business Centre property portfolio - Property24, 11 April 2013
The Business Centre was founded in December 2005 with the opening of the Bryanston property which measures 2 900 square metres, was bought for R4.2 million and is now valued at R28 million.
Growth in industrial property rentals - Property24, 09 April 2013
The growth in industrial rentals is slowly heating up, seemingly benefiting from the lagged impact of declining industrial property vacancy rates.
Retail sector in three-year decline - Moneyweb, 08 April 2013
Over the last three years the retail, wholesale and restaurant trade sector has been in decline, with -3.1% growth. The sector has the highest concentration of business, 45% compared with any other sector in South Africa. |
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| LISTED PROPERTY NEWS | SA REITs: Will investors benefit? - Moneyweb, 10 April 2013
The publication of new listing requirements that will facilitate the South African Real Estate Investment Trust (REIT) structure, will likely see most listed property companies converting to the new dispensation as a result of the tax benefits provided. |
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| ESTATE AGENT NEWS | RE/MAX works with children’s hospital - Property24, 10 April 2013
The RE/MAX Foundation recently joined forces with the Children’s Hospital Trust - the main fundraiser for the Red Cross War Memorial Children’s Hospital situated in Cape Town.
Cash buyers market in Argentina - Property24, 09 April 2013
Regional Owners of RE/MAX Argentina, Sebastian and Doti Sosa visited South Africa and attended the RE/MAX of Southern Africa Stars Convention 2013 held at Sun City in February.
Rawson unveils new website - Property24, 08 April 2013
Mid February saw the official launch and unveiling of the Rawson Property Group’s new website. A product of months of research and development, this clean and image rich website incorporates the latest technology and aims to keep the user at the forefront of all design.
Success tips for real estate agents - Property24, 05 April 2013
The 600 plus RE/MAX of Southern Africa delegates who attended the successful RE/MAX of Southern Africa Stars Convention 2013 held at Sun City during February, were inspired and motivated by keynote speaker, Brian Buffini, the world’s leading real estate trainer. |
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| SPECIFIC AREAS | Magnificent Bishopscourt home for R39m - Property24, 11 April 2013
A Mediterranean style, sun-filled home, which ranks as one of the landmark properties in Bishopscourt, is on the market for R39 million.
Bryanston fast becoming home to high-profile corporates - eProp, 11 April 2013
"The suburb is conveniently located on major arterials not only into Sandton and other surrounding business centres, but is close to the N1 that encircles the central metropolitan area and provides access to the north including Midrand and Pretoria, the east, south and west. It also provides relatively quick access to both OR Tambo International Airport and Lanseria," Seeff agent Diana Burnett says.
Goodwood's affordable homes and flats - Property24, 11 April 2013
The suburb of Goodwood is situated between the northern and southern suburbs of Cape Town, just 10 kilometres from the city centre.
Peaceful St Lucia homes from R400k - Property24, 10 April 2013
The small town of St Lucia is situated at the southern most entrance of the iSimangaliso Wetland Park and serves as a tourist hub for visitors at the park.
St Francis Bay’s homes market picks up - Property24, 08 April 2013
The coastal resort of St Francis Bay has seen the best residential property sales in years, with well over R120 million in sales concluded across the market. |
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