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Weekly Newsletter
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Friday, 02 November 2007
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THE three-storey house for sale on Acacia Avenue in Ottawa, Canada, has plenty to recommend it. Set on an acre of land in the leafy, upmarket Rockcliffe Park district, it includes five bedrooms, lush English gardens and a sun room large enough to entertain dozens of guests. It even has a Hollywood connection, having featured in the 1990 Paul Newman and Joanne Woodward film Mr and Mrs Bridge...
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| >> London and UK residential property still sought after by South Africans |
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| >> Rising Prices Widen Gap Between Rich and Poor |
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The stock markets are harbingers of economic hardship. Each stagnation, downturn and recession goes hand-in-hand with falling stock prices, often even a market crash. The biggest crashes have names: Black Friday in 1929, or Black Monday in 1987...
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| >> October house price growth up 10.2% |
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House price growth according to the Standard Bank barometer was at an average 9.8% y/y in 2006, down markedly from the 24.6% recorded in 2005 and 31.9% in 2004...
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| >> Leverage Your Property Investments Correctly |
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This is according to Jane Downing, head of New Business at BoE Private Clients. She says that the dramatic increase in property prices, which has pushed up capital values of real estate investments over time, has created large surplus value in many property investments and that this can be leveraged to finance 100% of the purchase price of any new additional properties. “Innovative finance for individual investors - either a single facility secured by a range of properties or a number of separate loans secured by one or two properties provides flexibility and ensures borrowings that are most tax effective...
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| >> Hold onto your investment |
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Within 18 months, he believes, apartment rentals will have risen significantly and it is quite possible that interest rates will have dropped...
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| >> Rudco has a week to pay up |
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Two months ago Rudco was found by the National Credit Regulator (NCR) to be in contravention of numerous sections of the National Credit Act (NCA) and also its predecessor, the Usury Act. One of the main problems with Rudco's scheme was that it was accepting instalments for loans that had not yet been granted...
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| >> Focus on Coffee Bay, Eastern Cape, South Africa |
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>> View Properties in the Eastern Cape
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| >> Property of the week |
Search for property in your area |
| >> South Africa: Government Housing Project Excludes Poorest of the Poor |
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Thousands of the poorest residents in Cape Town, South Africa, are facing eviction from an informal settlement to make way for a government housing project. About 20,000 residents of the Joe Slovo informal settlement near Langa, a township about 15km from Cape Town along the N2, the main access road to and from the airport, are opposing their forced removal to Delft, about 20km northeast of the city, because they say it would reduce their standard of living further and make it difficult and more expensive to travel to the city for work...
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| >> Spire's Green Team - A unique concept in property asset management |
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An increasing number of property owners are recognising the benefits of ‘greening’ their property portfolios. This is according to Keith Craddock, Operations Director of Spire Property Group, who provide property management services to private property owners. ‘Greening’ properties results in a more sustainable environment with less energy consumption, as well as lower operating costs and healthier places to work or live in...
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| >> How to benefit from the 2010 FIFA WORLD CUP? |
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South African Accommodation Owners have the opportunity to benefit from the 2010 FIFA WORLD CUP™ INVITATION 2010 Accommodation Sign Up aims to provide a one-on-one environment where accommodation owners around the country can meet with trained representatives who will explain the benefits of: Signing with MATCH, the only company appointed by FIFA to manage accommodation,
ticketing and the IT solution for the 2010 FIFA World Cup. You are invited to the road show which is the first phase of this project. This meeting is with Tourism Stakeholders and aims to inform the tourism industry about the projects objectives and to gain endorsement. We would like to request that you bring your databases of accommodation owners in your area to the meeting. This will allow us to invite them to the meetings around the country. Agenda:
Your attendance, insight and endorsement of the project is invaluable. Please confirm if you are available to attend this meeting. Date: 5 November 2007 RSVP: rsvp@wkg.co.za or call Lerato on 011 463 7792 We thank you for your assistance in this regard, and look forward to
reporting back next year on the number of SMMEs who will benefit from
the 2010 FIFA World Cup™. |
| >> Avoid using further interest rate hikes to curb inflation, says Rawson |
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The traditional SA Reserve Bank counter to rising inflation has always been to increase interest rates, and this now seems likely to continue for the foreseeable future, says Bill Rawson, Chairman of Rawson Properties – but, he adds, raising interest rates is very definitely not the only way of handling inflation and, in the current SA situation, should be avoided...
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| >> From the CyberProp Blog |
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Some hot property options in PE Investors are currently clamouring to purchase property in Port Elizabeth, but whether buyers can properly identify an investment property is a debatable point. “An investment home must have capital growth and rental return potential to qualify,” says Mike Thomas, principal of Homenet Windmill, which specialises in investment property...
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| >> Software at its best! |
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We are constantly look for avenues to advertise the properties of our CyberAgent users and will continue doing just that. Our newest avenue, www.g.co.za, one of South Africa's top property search engines.
If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com |
| >> ADSL phone & Modem combination |
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For Sale Property: To Rent Property: |
For
sale - Three-storey house set on an acre of land with
five bedrooms, lush English gardens and a sun room large enough
to entertain dozen of guests. The master bedroom, with its walk-in
closet, private veranda and hot tub is wonderful to have at you
disposal. The owner - The US Government as it is moving many of
its overseas workers into more modern and secure buildings. The
residences of the high commissioner to South Africa in Pretoria
and Cape Town are said to be on the list of buyers. Unprecedented
Real Estate Disposal as U.S. Sells Unsafe Diplomatic Residences
Gideon,
here seen drinking his champers for the comment he sent in on Eskom
and the power failures South Africa has been experiencing. You could
also be a winner by writing to us and give us your view on what
you think the latest property market trend is, 
Central
banks flooded the world with cheap money for years, helping the rich get
richer. Now inflation is on the horizon, threatening to make the poor
even poorer.
Coffee
Bay got its name from a cargo ship that supposedly ran ashore here in
the 19th century and spilled some of its coffee bean shipment on the shore.
Local stories have it that some of these bean took root and grew into
coffee trees, but unfortunately they are nowhere to be seen today.
