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Property News - 19 November 2015

FROM THE EDITOR

Although the rain we have had in Gauteng over the last couple of days brought some relief from the heat, it might be insufficient to solve water shortages or the drought. Residents are still advised to use water wisely.

If you have a few million rand lying around and are looking to buy a new home but do not know where, look out for today's article South Africa’s top 10 most expensive suburbs, it might give you a few ideas on where you can find your dream home.

Need to sell your home? Then get it listed as soon as possible as summer is the ideal seasons in which to sell a home. Tony Clarke, Managing Director of the Rawson Property Group, shares some tips with us about selling your home in summer in Make the most of summer with these tips for a quicker and successful property sale

Eager to get away from the hustle and bustle of the big city? Then Hermanus might just be the place for you. Although Hermanus is not really a small town anymore, it still has a strong community spirit and has welcomed many new permanent residents in recent times. Read more in Focus on Hermanus, Western Cape.

Enjoy!
The editor

Property of the Week

House for sale in Westcliff, Hermanus
House for sale in Westcliff, Hermanus

SAPTG Reports

In the News this week


House price indices cause misinterpretation of property values

House price indices cause misinterpretation of property values
There exists a view that property values are capable of by-and-large 'holding up' in tougher economic times; some even believing that home values 'can only rise'. Such views were even arguably behind the massive mortgage lending boom across much of the world last decade...
House price indices cause misinterpretation of property values

South Africa’s top 10 most expensive suburbs

South Africa’s top 10 most expensive suburbs
South Africa’s top 10 suburbs now boast an average sales price exceeding R10 million, with Clifton, in Cape Town, rated as the most expensive of the lot, averaging R20 million...
South Africa’s top 10 most expensive suburbs

Krejcir’s luxury properties up for grabs

Krejcir’s luxury properties up for grabs
In what promises to be the most high profile auction event of the year, two luxury multi-million rand mansion properties belonging to Czech fugitive, Radovan Krejcir, will be going on auction...
Krejcir’s luxury properties up for grabs

RICS and SAIV to work closer together for local and international benefit

RICS and SAIV to work closer together for local and international benefit
The Royal Institute of Chartered Surveyors (RICS) and the South African Institute of Valuers (SAIV) have formalised a long-standing working relationship with the signing of a Memorandum of Understanding which will see the two bodies collaborating closely in future.
RICS and SAIV to work closer together for local and international benefit

Make the most of summer with these tips for a quicker and successful property sale

Make the most of summer with these tips for a quicker and successful property sale
It’s a widely known fact that spring and summer are ideal seasons in which to sell a home – summer is considered peak season for the real estate industry, worldwide...
Make the most of summer with these tips for a quicker and successful property sale

10 questions ST owners should ask about insurance

10 questions ST owners should ask about insurance
The demand for Sectional Title living and investment has greatly increased over the past few years. Largely due to the relative safety these complexes offer, the sense of community and the known positive return on investment...
10 questions ST owners should ask about insurance

Pitfalls waiting for the DIY Home seller

Pitfalls waiting for the DIY Home seller
A certain type of home seller will often be tempted to ‘go it alone’ and sell his home without the help of an estate agent...
Pitfalls waiting for the DIY Home seller
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Focus on Hermanus, Western Cape

Focus on Hermanus, Western Cape
Hermanus is filling up with full-time residents

The exponential growth experienced by Hermanus in the past two years has stabilised, allowing estate agents to briefly catch their breath before the start of the holiday season...
Focus on Hermanus, Western Cape

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In the Area

Savvy cash buyers snap up Alberton homes

Savvy cash buyers snap up Alberton homes
Alberton’s central location and its proximity to good schools and employment opportunities is attracting an influx of cash buyers in search of affordable accommodation.
Savvy cash buyers snap up Alberton homes

Houghton Estate residential market one of the most resilient

Houghton Estate residential market one of the most resilient
The well-established original northern suburbs of Johannesburg have consistently held their own in a capricious market over the past decade, and suburbs like Houghton have maintained a steady year-on-year growth in property values...
Houghton Estate residential market one of the most resilient
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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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