| GENERAL PROPERTY
NEWS |
Construction
confidence at 5 year high - Property24, 20 February 2014
After increasing by 6 index points in 3Q2013, the FNB/BER construction
confidence index rose a further 15 points to 66 in Q4 2013. This marks the
highest level of the index since September 2008.
6
tips for revamping your finances - Property24, 20 February 2014
Most of us start the New Year with, at least, hopes for a better year, some
with a list of resolutions, and a smart few with a practical, step-by-step plan
for ensuring a better year.
SA
and online property auctions - Property24, 18 February 2014
Online auctioning, which started surfacing in the US around 10 years ago, is
slowly making its way across the shores to the African continent. This mode of
selling goods and properties online in a live format allows live interaction and
participation.
Construction
Industry perspective on State of the Nation Address - eProp, 18
February 2014
In his recent State of the Nation Address, president Jacob
Zuma said, "In 2012 we unveiled the National Infrastructure Plan, led by the
President through the Presidential Infrastructure Coordinating Commission.
CPT
electronic clearance certificates - Property24, 18 February 2014
Lanice Steward, managing director of Knight Frank Residential SA, has drawn
attention to a recent newsletter from Smith Tabata Buchanan Boyes, which
mentions that the system of generating electronic rates clearance certificates
has been deemed problematic by the Chief Registrar, in that the validity of the
certificates from a legal point of view is questioned.
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| RESIDENTIAL
PROPERTY NEWS |
Fixing
rates on affordable property - Property24, 20 February 2014
Fixing interest rates is one way of creating a more stable monthly cash flow
and can particularly benefit the affordable housing market. "Fixing rates is
ideal for people entering into the market for the first time and for those
buying in the affordable housing range, which is up to R600 000," says Marius
Marais, chief executive officer of FNB Housing Finance.
Beware
of 'bargain' homes - Iafrica.com, 18 February 2014
Buying a
"fixer-upper" can save you money, and possibly put you in a preferred location
for a lot less than you thought. And they are definitely worth looking at
because, as estate agents are always saying, it is much better to purchase the
worst home in a good neighbourhood than to buy the best home in a bad area.
Homes
in estates and gated communities - Property24, 17 February 2014
Secure estate living has grown in popularity around the country and the
province of Limpopo is no exception. This is according to Annie Van Den Berg,
Broker/Owner of Wildlife Properties, based in Hoedspruit, who says security is a
top priority for many buyers and has been one of the driving factors behind the
growth in popularity of secure developments.
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| COMMERCIAL
PROPERTY NEWS |
New
property measurement standard - Property24, 19 February 2014
In January 2014, the International Property Measurement Standards Coalition
(IPMSC) launched a public consultation on the new International Property
Measurement Standard (IPMS) for office buildings.
Cape
Quarter mixed use centre attracting top tenants - eProp, 19 February
2014
The landmark Cape Quarter Lifestyle Village, situated in Green
Point in Cape Town, has recently undergone several changes and has experienced
rapid regeneration through the efforts of managing agents Spire Property
Management and the owners of the building, the Tower Property Fund.
Fully
tenanted Douglasdale Retail gem up for Auction - eProp, 19 February
2014
Aucor Property has announced that its next Johannesburg multiple
commercial auction event will take place on the 13 March 2014 at 12h00 at the
Maslow Hotel in Sandton. The auction will feature a total of 29 quality
commercial, industrial and retail properties that have a combined estimated
market value of R400 million.
SAPOA
supports decision to seize misappropriated State Properties - eProp,
18 February 2014
The South African Property Owners Association (SAPOA)
has expressed its support for the Department of Public Works' decision to seize
misappropriated state properties.
Commercial
property investment in 2014 - Property24, 17 February 2014
Efficient towns and cities with competitive rates and taxes stand to benefit
from more commercial property investment and development in 2014.
International
companies prefer industrial space close to OR Tambo International
Airport - eProp, 17 February 2014
Over the past decade, an
increasing demand for large warehousing space among distribution and logistics
companies has resulted in the establishment of new industrial townships next to
the main arterial and secondary highways between the north and eastern suburbs
of Johannesburg. |
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| SPECIFIC AREAS |
Melkbosstrand's
charming village homes - Property24, 19 February 2014
Almost
every one of the bullish predictions made in recent years by many of the
Melkbosstrand estate agencies regarding not only Melkbos but its three component
areas, Duynefontein, The Avenues and Van Riebeeckstrand, have in recent months
been proven to be correct.
Southern
Suburbs flats market buoyant - Property24, 19 February 2014
The apartment market across the Cape Town Southern Suburbs is buoyant. The
market has improved steadily over the last two years from around 453 sales worth
about R645 million in 2011 to 546 apartment sales worth almost R617 million for
last year.
KwaZulu-Natal's
fastest selling estate - Property24, 17 February 2014
With
just 13 developer stands left of more than 1 875 originally laid out, the
Simbithi Eco Estate on the KwaZulu-Natal North Coast has been South Africa's
fastest selling residential family estate since its launch 10 years ago.
New
Somerset West development - Property24, 14 February 2014
Work
on the new Raithby Vines residential development on the edge of the historic
Raithby village, located on the R44 (just off the N2) between Somerset West and
Stellenbosch, has started with construction of the basic services now underway.
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