Having trouble reading this email? View it in your browser

Property News - 16 October 2014

FROM THE EDITOR

Amelia Beattie, chief investment officer at Stanlib direct property investment, is warning property industry investors of the reality of the current market in Africa. According to his reports, the days of promising a 25% return on investments for local property counters are limited as the local property is becoming crowded. For more of this story, read an article titled Expect more pan-Africa property listings.

African continent could become a competitive field for SA's property developers if the early movers act as catalysts. This was the view of property industry executives and analysts who attended the Africa Property Investment Summit at the Sandton Convention Centre this week. Read African continent - a competitive field for property developers for more.

The urbanisation in African economies, especially countries which are showing significant economic growth is creating a demand in the affordable housing sector. According to Eton Price, fund partner of the pan African housing fund, Phatisa, although the demand is evident, there is very little knowledge and understanding of certain pockets of the middle to lower income consumers. To continue this piece, see an article titled Affordable housing on a growth spurt.

We then take a look at A day in the life of a real estate specialist. Typically a real estate professional would start bright and early every day, to get through the routine of their many daily administrative tasks. We took an in-depth look at the Engel & Völkers group and their agent's activities. To see what we've discovered, scroll down to the bottom of this Newsletter.

And as always, we have some interesting real estate tips and advice; one of them being a title: How far can a neighbour go in objecting against improvements. See a full article below.

Enjoy!
The editor

SAPTG Reports

Property of the Week

Property for sale in Hermanus

Constantia Upper, Cape Town, Western Cape
 Luxurious accommodation with eleven en suite bedrooms, private balconies and park-like garden

In the News this week

Expect more pan-Africa property listings

pan-Africa property listings

Although the local stock exchange has already seen a number of property listings over the last three years, the large amount of trapped capital in the African continent is sure to bring more action to the local bourse...
local stock exchange


African continent - a competitive field for property developers

property industry executives and analysts

African continent could become a competitive field for SA's property developers if the early movers act as catalysts. This was the view of property industry executives and analysts who attended the Africa Property Investment Summit at the Sandton Convention Centre this week...
Africa Property Investment Summit


Co-ownership of property and co-liability

co-own a piece of land

When people co-own a piece of land they might be under the impression that each person owns a specific area, i.e. if they live in a cottage on it and they use the surrounding hectare it might be assumed that that section is theirs, but this is not usually how it works...
Co-ownership


Maximising profits in property

Property investment
Property is a tangible, well-respected asset class, but as is the case with all investments, the key to maximising profits is buying well and then ensuring that you sell well...
Investing in Property

Affordable housing on a growth spurt

low-cost housing market

The well-heeled are catered for and enjoy a variety of options in residential property, but not so the middle to low-cost housing market. This potential for growth is making investors sit up and shift focus...
Property market specialist


Occupational rent of a home prior to transfer

Renting before transfer

Contractually, a home purchaser may take renting occupation of a home prior to transfer, however great problems can arise if permission to do this is granted by the seller before all the relevant documents are signed...
Occupational rent


Keep calm and don't overprice

don't overprice a home

The exuberance that was evident in the property market a year ago is coming to an end, and home sellers in most parts of SA now need to moderate their price expectations accordingly...
moderating selling price expectations


Do your sums before you downscale

moving to a smaller home

If you’re thinking of moving to a smaller home that is easier to manage and more secure, you might need to “downscale” more than you thought to make the move worthwhile...
Planning to downscale


How far can a neighbour go in objecting against improvements

Neighbours objecting against home improvements
In many parts of the Western Cape, particularly on the coastline where there is a shortage of land to develop, there is the ongoing trend to renovate to the extent of the land the building is on as well as go upwards, but how far can the neighbours take their objections in the courts if they are against the alterations...
Neighbours objecting against home improvements

Tower Property Fund purchases Medscheme building

Medscheme building

The Tower Property Fund has purchased the Medscheme building in Florida Glen, Johannesburg, at a cost of R110 million...
The Tower Property Fund


A day in the life of a real estate specialist

Real Estate Agent
Typically a real estate professional would start bright and early every day, to get through the routine of their many daily administrative tasks. We took an in-depth look at the Engel & Völkers group and their agent's activities...
Real Estate Professional


Oliver's House fundraising campaign


Like us on
Follow us on

Quick Links


Tivvit extras!

Search For Properties by area


1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Focus On


Cape Town, Western Cape , South Africa

Property for sale in Plettenberg Bay
Welcome to Cape Town, the oldest city in South Africa. Voted the favourite foreign city by the UK Telegraph in 2004, Cape Town is one of the leading tourists destinations in the world. A recent survey has revealed that 2 out of 3 tourists to South Africa will certainly include Cape Town in their destinations' list...
Property for sale in Plettenberg Bay

View properties in Cape Town

In The Area

The areas we are going to take a closer look at this week are;

  • Port Elizabeth
  • Southern Constantia Valley

Hard hit Port Elizabeth residential property market

Property market in Port Elizabeth
Although residential property sales figures in the Port Elizabeth area, one of the districts hardest hit by the 2009 to 2010 downturn, are still low in comparison with the buoyant figures achieved in the 2003 to 2008 era, there are now clear signs that an improvement in the market is at last on the way...
Property for Sale in Port Elizabeth

Secure living Southern Constantia Valley story

Real estate Market inSouthern Constantia Valley

Prices at security estates in the Southern Constantia Valley continue to rise steeply as the area is a preferred living environment for buyers from some local buyers, as well as those from Gauteng, African countries, Europe the United State and Asia...
Property market in Southern Constantia Valley



CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.tivvit.com or email: sales@tivvit.com

News Archive
To the Editor

Share your comments with us by sending it to news@tivvit.com


Get in Touch

"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."

Unsubscribe from newsletter