| MARKET TRENDS |
Employment rises for first time in six months, Adcorp index
shows - Business Day, 10 July 2013
Employment increased marginally
in June, the first increase in six months, boosted by a turnaround in formal
sector jobs.
Can SA afford a green economy? - Moneyweb, 09 July 2013
The proposed carbon tax could add between R15bn and R20bn per annum to state
coffers. National Treasury published an updated carbon tax policy paper in May
for public comment. It proposes that a carbon tax of R120 per ton of CO2 emitted
be introduced from January 1 2015 and that it should increase by 10% per annum.
Will you be wealthy enough to retire? - Property24, 05 July
2013
The global financial recession of 2008/2009 reduced the real value
of household wealth significantly and the knock-on effects of this are due to be
keenly felt. |
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| GENERAL PROPERTY
NEWS |
R105b to complete Medupi power station - Property24, 10 July
2013
Eskom’s Medupi coal fired power station in Limpopo is unlikely to
deliver first power to the grid by the end of this year as it was envisioned,
the power parastatal confirmed.
Sun International wants to build casino at Menlyn - Moneyweb,
09 July 2013
Sun International (JSE:SUI) aims to establish a R3bn “urban
entertainment destination” in the City of Tshwane, as it seeks to relocate its
ailing Morula Casino.
Hot auction properties to buy - Property24, 08 July 2013
On 24 July, Rawson Auctions will auction a three storey building in Wynberg.
The auction will take place at 12pm at the Rawson Property Group’s head office
on the corners of Main and Klipper Roads in Rondebosch, Cape Town.
New electric fence rules for SA: how you are affected -
Moneyweb, 05 July 2013
Home owners could have their insurance claims
rejected or face criminal prosecution should they not have a compliance
certificate for their electric fence, or if they used an uncertified electric
fence installer, according to recent media reports.
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| RESIDENTIAL
PROPERTY NEWS |
Top tips for buy-to-let investments - Property24, 11 July
2013
For many investors, buy-to-let property is still a great way to
invest money, as indicated by recent reports. According to the FNB Home Loans
quarterly report, buy-to-let accounts for 8 percent of total residential
property buying with More buy-to-let investors choosing KwaZulu-Natal (11
percent) followed by the Western Cape (8 percent) and Gauteng (6 percent).
Affordable housing finance – the safe bet for lower defaults -
Moneyweb, 11 July 2013
Developers may start building lower cost housing
units now that they see the government’s Finance-Linked Individual Subsidy
Programme (FLISP) is working. FLISP is an instrument to assist qualifying
households by providing a once-off down payment to those who have secured
mortgage finance to acquire a residential property for the first time.
Buying ST property – know the rules - Property24, 11 July
2013
Many security-minded South African homeowners have taken to living
in sectional title homes due to the certain level of safety that this type of
property provides, along with the fact that they are generally low maintenance.
Why buying-to-let in retirement is a bad idea - Moneyweb, 10
July 2013
Many investors approaching retirement still consider buying
one or two residential rental units as an additional, sometimes primary, source
of income. The basis for this decision is often an emotional one, rather than a
mathematical one.
Mid-range home prices slow - Iafrica.com, 09 July 2013
Middle-segment house price growth slowed down in June 2013 from the similar
period a year ago‚ according to the latest Absa house price indices.
Property market in buoyant territory - eProp, 09 July 2013
The East London property market was turning to 'buoyant' territory bolstered
by growth in the local automotive industry and black buyers making investment
purchases.
What Generation Y home buyers want - Property24, 08 July
2013
There is no doubt that today’s Generation Y home buyer is not like
their older counterparts, says Adrian Goslett, chief executive officer of RE/MAX
of Southern Africa. |
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| COMMERCIAL
PROPERTY NEWS |
A good time to buy commercial property - Property24, 10 July
2013
According to Quagga Property Brokers director, Len Pears, now is
the best time to invest in commercial and industrial properties.
SACSC study shines a light on South African social media and
retail - eProp, 09 July 2013
If only 18% of South Africans own a
computer then how come one in three has access to the Internet? This is one of
the questions answered in a comprehensive research report commissioned by the
South African Council of Shopping Centres (SACSC). Quirk Education compiled the
revealing report titled Social Media Marketing in South African Shopping
Centres. |
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| ESTATE AGENT
NEWS |
PGP launch new property forum - Property24, 11 July 2013
Pam Golding Properties (PGP) Pretoria region recently launched an exclusive
forum designed to showcase residential property opportunities for members
seeking to acquire prime real estate, including buy-to-let property.
Property career: earn and learn - Property24, 08 July 2013
With the property industry representing approximately 8 percent of South
Africa’s GDP, this creates a huge employment opportunity for school or college
leavers.
Advanced residential rental course CT - Property24, 05 July
2013
The Institute of Estate Agents will be running an advanced course
as a follow on from their residential rentals course on the 10 and 11th July.
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| SPECIFIC AREAS |
Affordable homes in Johannesburg - Property24, 11 July
2013
Units in entry-level developments to the south and east of
Johannesburg are selling fast. This is according to Carlos Moreira, owner of the
Harcourts Olympic estate agency that operates in these areas, who says eight out
of every 10 prospective buyers who view units in the affordable price range are
making offers to buy.
Berea West’s record house prices - Property24, 11 July
2013
Overlooking the city of Durban and the Indian Ocean, perched on the
crest of a ridge, is the residential suburb of Berea. Adrian Goslett, CEO of
RE/MAX of Southern Africa, says the property market in Berea West was relatively
unaffected by the recession, with property prices currently at record highs.
Atlantic Seaboard rental shortages - Property24, 10 July
2013
The long term rentals along the Atlantic Seaboard are much in
demand. So much so that Helen Hoekstra, general manager of the Knight Frank Anne
Porter Atlantic Seaboard office, says they are experiencing a shortage of stock.
CT's affordable homes from R390 000 - Property24, 09 July
2013
Johannesburg Stock Exchange and Gauteng based property development
company, Calgro M3 will release the next phase of Scottsdene affordable housing
development in Cape Town.
Phalaborwa attracting younger buyers - Property24, 09 July
2013
The town of Phalaborwa in the Mopani District Municipality of the
Limpopo Province is located at the convergence of the Ga-Selati River and the
Olifants River, around the halfway mark along the eastern border of the Kruger
National Park.
Resort-style living in Camps Bay - Property24, 08 July
2013
Imagine living as if you are on vacation every day. That is exactly
what the coastal suburb of Camps Bay and its modern resort-style residences are
all about. |
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| INTERNATIONAL
PROPERTY NEWS |
Recovery is under way, says Bank of Japan - Business Day, 11
July 2013
The Bank of Japan said an economic recovery was under way as
it kept monetary policy steady on Thursday. That was its most optimistic view of
the economy in two-and-half years, reflecting the positive effect of a weakening
yen and its massive monetary stimulus activity.
Germany wary of more EU power over banks - Business Day, 11
July 2013
The European Union’s (EU’s) executive arm is heading for a
showdown with Germany over its blueprint for shuttering or restructuring failing
banks, a plan intended to complement the European Central Bank’s oversight of
lenders.
Bernanke: US economy still needs Fed's stimulus - Moneyweb, 10
July 2013
Unemployment remains high and inflation is below the Fed's
target. Chairman Ben Bernanke says the U.S. economy still needs help from the
Federal Reserve's low interest rate policies. |
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