Weekly Property News
Friday, 08 January, 2010
FROM THE EDITOR

Read more in To the Editor

2010! It’s predicted that it will be the year of the steel as the outlook for the global steel industry is looking very positive. Let’s hope that we can change it to the year of the property industry.

In many ways, 2010 is going to be an exciting year for real estate in SA. This according to Berry Everitt, CEO of the Chas Everitt International property group. According to him it is exciting that homebuyers and investors seem to be regaining their confidence by the day and that the oversupply of stock that has plagued the market for many months is rapidly being absorbed, which will underpin a recovery in prices. Time to get excited about property

The year is starting with strong indications that the economic emergency measures taken last year have by and large been successful. “And yet caution still prevails,” says Martin Schultheiss, CEO of Harcourts Africa. Now is the best time to secure home loans

Get on the property ladder, but don’t aim too high at first. That’s the advice of Tjaart van der Walt, CEO of the RealNet property group. Buy right in 2010, RealNet chief advises

The investment potential of property is beginning to look decidedly more positive as we begin the new year. That’s the word from ERA South Africa CEO Gerhard Kotzé, who says the market has definitely ‘bottomed-out’. 2010 looking better for property

Although many in the real estate industry are very glad to see the back of 2009 and its economic troubles, the year was appreciated by some as a great opportunity to ditch tired business practices and put some new ones in place in preparation for a better year ahead. “And positive change will no doubt serve those who have had the courage to implement it very well in 2010,” says Young Carr, CEO of the Aida real estate franchising group. Fortune will favour the bold, says Aida chief

Word from Lew Geffen, chairman of Sotheby’s International Realty in SA, “The whole market has really come alive again since October, and nationally, the number of sales made in the last quarter was more than 45 percent up year-on-year, with some areas showing even bigger increases, and our turnover was up 60 percent. Snappy sales signal good price growth in 2010

A "cautiously optimistic" Sameul Seeff from Seeff Properties believes that this year will bring good news - increased demand for property, more sales as well as conservative price increases. SA's property market in 2010 – Samuel Seeff

One cannot help to wonder who will be right. Send us your viewpoints to news@cyberprop.com

Enjoy!
The editor

In This Issue
Featured Property
Barrydale, Western Cape, South Africa

Ideally positioned in village main street and zoned for business. Property is perfect for restaurant and tea garden. Wooden floors and leaded windows and other features give this home a special ambience.

Featuring : Air Conditioning, Built-in-cupboards, Dining Room, Driveway, Entrance Hall, Family Room, Fireplace, Garden Shed, Lounge, Outdoor Braai Area, Pool House, Separate Flat, Study, Swimming Pool, Workshop...


CyberProp Property Count: 08/01/2010

Search Now

Properties for Sale: 127,449
Properties to Rent: 10,343

Local News

Property prices in South Africa on upward trend for 2010

Residential property prices in South African rose for a fourth month in November after the central bank cut interest rates and the recession ended, according to the country’s biggest mortgage lender...


Time to get excited about property

In many ways, 2010 is going to be an exciting year for real estate in SA...


Now is the best time to secure home loans’

The year is starting with strong indications that the economic emergency measures taken last year have by and large been successful...


Buy right in 2010, RealNet chief advises

Get on the property ladder, but don’t aim too high at first...


2010 looking better for property

The investment potential of property is beginning to look decidedly more positive as we begin the new year...


Fortune will favour the bold, says Aida chief

Although many in the real estate industry are very glad to see the back of 2009 and its economic troubles, the year was appreciated by some as a great opportunity to ditch tired business practices and put some new ones in place in preparation for a better year ahead...


Snappy sales signal good price growth in 2010

With sales volumes dramatically up over the past three months, the residential property market is set for a sure and steady recovery in 2010...


SA's property market in 2010 – Samuel Seeff

The arrival of 2010 and the much anticipated Soccer World Cup together with the first signs that South Africa is moving out of recession bode well for the country's beleaguered property sector over the next 12 months, according to Samuel Seeff, chairman of South African real estate agency group, Seeff Properties...


Residential real estate: will anything ever replace the agent?

The new SA Revenue Services ruling allowing those living in primary residences to transfer the ownership from companies, close corporations or trusts into their own name without paying transfer duty or capital gains tax (if they act before 2012) has, says Mike Greeff, CEO of Greeff Properties, been widely praised...


No pets allowed?!

'No pets allowed?!' first appeared on iafrica.com on 2 July 2009. It is the most read 'Property' article of the past year...


SA’s property transfer tax nightmare: Time to scrap duty?

Sieg Heiriss, a KwaZulu-Natal-based conveyancer (a lawyer who specialises in property) who founded SK Heiriss Inc Attorneys, ponders whether it is time for the South African government to scrap transfer duty...


Focus On

Focus on Barrydale, Western Cape,
South Africa

A valley falling into three distinct natural regions, with lush forests to the east, arid Karoo to the north and the fertile, fruit-growing and fynbos region to the west, as well as natural hot springs. Situated within the Overberg Region...

>> View Properties in the Western Cape
>> View Properties in Barrydale


Search For Properties

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

Search for property in your area

Enter City/Suburb:

In the Area

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

  • Pearl Valley
  • Atlantic Seaboard
  • Pinnacle Point
In the Area 1 - Pearl Valley

Top 20 millionaire suburbs

Golf estates dominate list of South Africa's most valuable residential areas...


In the Area 2 - Atlantic Seaboard

It's been a rip-roaring past few months for estate agents working in Cape Town's Atlantic Seaboard suburbs, with buyers flocking to take advantage of good pricing and sales figures rocketing...


In the Area 3 - Pinnacle Point

Big money woes, legal tussle with Absa: Will luxury property developer survive 2010?


News from

David Warneke of Cameron & Prentice

Tax implications on property rentals during the 2010 Soccer World Cup

With just less than six months to the kick-off of the 2010 Soccer World Cup, South Africa is abuzz with expectation...


To the editor
 
Share your comments with us by sending it to news@cyberprop.com

Local News Continue

Baroness's Cape mansion up for auction

A luxury Constantia mansion and its contents will be sold by public auction in January after its owner, Baroness Alexandra von Maltzahn, fled the country under a cloud of debt in Jul...

CyberAgent, the real estate software solution

CyberAgent has been the real estate software of choice over the last 10 years for many of South Africa's leading real estate companies, with over 1200 customers country wide.
CyberAgent makes canvassing easy! Use data from SAPTG, CyberTrade and the Deeds office to do mail drops!
CyberAgent enables the estate agent to manage buyers and sellers, sending them birthday cards, emails etc.
CyberAgent enables the estate agent to manage properties and print great reports with a click of a button.
CyberAgent enables the estate agency to keep track of sales related commissions, VAT, outstanding payments and more...
Get your own dynamic website linked to CyberAgent.
Great exposure! Through your CyberAgent application all properties updated to your site are also send to www.cyberprop.com and to over 50 other property portals.
>> View list of property portals

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

Get in touch