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Property News - 16 July 2015

FROM THE EDITOR

According to John Loos, the household and property sector strategist at FNB, the possible bursting of a Chinese property bubble together with weakness in other areas of the Chinese economy had “significant potential implications” for South Africa’s residential property market. Read more in If China's property bubble pops, SA may feel it

Are you waiting for summer before you sell your home? Contrary to popular belief, winter can be an excellent time to sell a home says Tony Clarke, Managing Director of the Rawson Property Group. He goes on to say that while your home might not look as inviting as it does in the summer, it only needs to be more inviting than other properties in order to sell well. Read more in Why you should be selling your home in winter

In Affordability gap is widening in KZN South Coast rental market, we take a closer look at how the affordability and availability of rental stock in the South Coast of KwaZulu-Natal have over the past year changed dramatically as the demand for properties and the cost of rates and taxes and levies have driven rental prices into a price bracket that is just out of reach for 90 percent of the enquiring tenants.

Enjoy!
The editor


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In the News this week


If China's property bubble pops, SA may feel it

If China's property bubble pops, SA may feel it
The possible bursting of a Chinese property bubble together with weakness in other areas of the Chinese economy had “significant potential implications” for South Africa’s residential property market, FNB warned on Thursday...
If China's property bubble pops, SA may feel it

Sustainable business is responsible business, says new global RICS President

Sustainable business is responsible business, says new global RICS President
Speaking for the first time in his new role as the global president of the Royal Institution of Chartered surveyors (RICS), Martin J Brühl FRICS* emphasised the importance of sustainable business in driving prosperity, innovation and investment in global property markets...
Sustainable business is responsible business, says new global RICS President

Global coalition formed to unify construction measurement standards

Global coalition formed to unify construction measurement standards

Over 30 professional bodies from around the world, including the Royal Institution of Chartered Surveyors (RICS), met at the International Monetary Fund (IMF) in Washington DC to launch a major initiative which seeks to create international standards in construction measurement...
Global coalition formed to unify construction measurement standards


Why you should be selling your home in winter

Why you should be selling your home in winter
When it comes to selling a home, many people assume winter is the worst possible time to enter the market..
Why you should be selling your home in winter

Get your house - and building plans - in order

Get your house - and building plans - in order
Buying property is very exciting, but it can be a stressful experience for the parties if there is an issue with the building plans during the transfer process of the transaction...
Get your house - and building plans - in order

VAT or Transfer Fees: who pays what and when?

VAT or Transfer Fees: who pays what and when?
We’ve all driven past those billboards showcasing a glitzy new apartment block or housing development proclaiming in big, bold letters: “No Transfer Duty”...
VAT or Transfer Fees: who pays what and when?

All you need to know about exclusive use areas

All you need to know about exclusive use areas
Exclusive use areas (EUAs) often give rise to disputes in Sectional Title complexes and owners and prospective buyers need to make sure they understand them properly before they try to use them incorrectly or commit to the purchase of a Sectional Title unit...
All you need to know about exclusive use areas

Alterations to doors or windows in ST schemes

Alterations to doors or windows in ST schemes
In many sectional title schemes, there will come a need at some stage for an owner of a unit to renovate his property, and when windows or doors are to be changed, there are a few things that need to be considered before making those changes...
Alterations to doors or windows in ST schemes

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Cape Town CBD Living an Attractive Option

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In the Area

Affordability gap is widening in KZN South Coast rental market

Affordability gap is widening in KZN South Coast rental market
While the South Coast of KwaZulu-Natal is renowned for its holiday destinations, Pam Golding Properties Margate has seen a remarkable increase in the demand for permanent rental services from landlords, namely property owners in the area...
Affordability gap is widening in KZN South Coast rental market

Itís boom time in friendly Kuils River

Itís boom time in friendly Kuils River
The property market in Kuils River is booming, with huge demand from first-time homebuyers and young families, especially, putting serious pressure on stock levels...
Itís boom time in friendly Kuils River

Good prospects for investors in Grahamstown

Good prospects for investors in Grahamstown
Founded by the 1820 settlers, the Eastern Cape city of Grahamstown is a historical treasure, an educational hub and, of course, the home of the National Arts Festival held every July...
Good prospects for investors in Grahamstown
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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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