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Property News - 03 December 2015

FROM THE EDITOR

John Loos, FNB Household and Property Sector Strategist, believes that Security Estates have popped up as a result of 'crime and grime' due to an insufficient level of local government cleaning and maintenance services and relatively low investment in public infrastructure. He also says that the property market's performance and design not only reflects economic policy and performance, but can also influence it. Read more in Security Estates a Negative Economic Indicator

There are a few things you ought to consider carefully before you go ahead and change your status from tenant to homeowner according to Wayne Albutt from Rawson Property. Buying a home involves many expenses other than the purchase price and if you have to resell too soon, the value of the property may not have the time to grow sufficiently for you to recoup these expenses. Read more in A time to buy and a time to rent

Water is a precious natural resource and we all use it on a daily basis. Water conservation needs to be a way of life and not just something we think about when we are forced to according to Craig Hutchison, CEO of Engel & Völkers Southern Africa. In Don't get caught High and Dry he shares some water saving tips with us.

Enjoy!
The editor

Property of the Week

House for sale in Keurboomstrand, Plettenberg Bay
House for sale in Keurboomstrand, Plettenberg Bay

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In the News this week


Alert over high Africa property prices

Alert over high Africa property prices
With listed property funds shifting their focus to the rest of Africa, some fund managers are concerned that they are overpaying for assets...
Alert over high Africa property prices

Top five property markets in SA

Top five property markets in SA
KwaZulu-Natal and other coastal regions in South Africa are becoming 'hot markets' for property investors...
Top five property markets in SA

Security Estates a Negative Economic Indicator

Security Estates a Negative Economic Indicator
Overseas visitors are often surprised by the high prevalence of gated communities and secure estates in South African metropolis...
Security Estates a Negative Economic Indicator

A time to buy and a time to rent

A time to buy and a time to rent
There’s a right time for everything, they say, and there are certain times in life when it is more beneficial to rent a home than to buy one, according to Wayne Albutt, the Rawson Property Group’s Western Cape Regional Sales Manager...
A time to buy and a time to rent

Don't get caught High and Dry

Don't get caught High and Dry
This year has taught us not to take anything for granted. With load shedding becoming part of our everyday planning, and the more recent drought and water shortage we faced, it is definitely the time to look towards the future and to ensure that we are prepared...
Don't get caught High and Dry

Water restrictions expected, consumption should be assessed

Water restrictions expected, consumption should be assessed
The City of Cape Town recently announced that water restrictions will be implemented soon, but this could be seen as a positive push for many households to assess their consumption and think of ways to conserve water...
Water restrictions expected, consumption should be assessed

Your credit record: Small steps can lead to great rewards

Your credit record: Small steps can lead to great rewards
One of the mysteries of modern life is why so many smart young people seem to know so little about really managing their money or building their financial future.
Your credit record: Small steps can lead to great rewards
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Focus on the Garden Route

Focus on the Garden Route
Über wealthy home buyers heading for Knysna and Plett

The prime, coastal Garden Route destinations of Knysna and Plettenberg Bay are experiencing a surge in demand among the über wealthy...
Focus on the Garden Route

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In the Area

PE Blue Flags boost property

PE Blue Flags boost property
The recent announcement that three Port Elizabeth beaches have now been awarded Blue Flag status has made beachfront property along this popular coastline even more desirable.
PE Blue Flags boost property

Camps Bay achieves record sales in spite of market dip

Camps Bay achieves record sales in spite of market dip
The Glen side of Camps Bay has always been the most sought after part of this exclusive Atlantic Seaboard suburb...
Camps Bay achieves record sales in spite of market dip
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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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