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Weekly Newsletter
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Friday, 09 May, 2008
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The $500m fund will be routed through Mauritius and managed by Property Zone, a joint venture between Old Mutual Investment Group Property Investments SA and ICS Realty Private, India...
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| >> April house price growth slows to 6.8% |
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This is also the fourth consecutive month of single-digit growth in nominal house prices since a growth rate of 11.2% was recorded in December last year...
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| >> Property Tip of the Day 81 Power outages increase fire risk |
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JOHANNESBURG (May 08) - Open flames from candles or gas stoves pose real fire hazards, especially in households more accustomed to the convenience of electricity. Consequently, says Berry Everitt, MD of the Chas Everitt International property group, homeowners plagued by power cuts should keep the following safety principles in mind...
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| >> Territorial disputes |
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Misunderstandings occur frequently, says Martin Schultheiss, CEO of the Homenet estate agency group, because the beacons demarcating boundaries in new developments often get lost or misplaced due to building activity.
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| >> My First house - Mark Fish |
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| >> Beware the estate agent working part-time and/or offering discounts |
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One of the questions that he is most frequently asked by those contemplating buying or selling property, said Tony Clarke, MD of Rawson Properties, is, “How do I choose the right agent?” “With loose talk flying about – much of it uninformed – focussing on the reduced number of home sales at the moment and the ‘high’ commissions that agents exact, there is a tendency for sellers to go the do-it-yourself route – or alternatively to employ an agent prepared to operate on a part-time basis and/or on a ridiculously low commission. In my experience, both choices almost always lead to disaster,” said Clarke...
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| >> News from - Nationlink Plattekloof - The Towers |
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Following from their inaugural residential property development success
with The Claremont in Cape Town’s Southern Suburbs, The Foodprop
Group of companies will commence construction of The
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| >> Cape residential property - where is it really going? |
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One of the things that surprise him most about the current property scene in South Africa, says Mike Greeff, Chief Executive of Greeff Properties, is that some of the principals and spokespeople give the impression of knowing exactly where the market is heading. “For my part,” he said, “I am ready to admit that right now I am less certain of the next 18 months than I have ever been, the current situation being completely fluid...
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| >> Letters to the editor |
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In response to the article Property swaps: ditching unwanted assets, do you think swapping of property can work? Editor - The majority of our readers, who gave us their feedback, feels that this new concept in the property industry will not work and that it will first have to proof itself Letter received from SA Real Estate Investor Magazine - SA Real Estate INVESTOR Magazine is proud to present Dr Dolf De Roos! Live and in person for the first time in South Africa. Dolf is the best selling author of Making Money in Real Estate, Real Estate Riches and 52 Homes in 52 Weeks. These events will take place from 13 May 2008 Real Estate Power Investing Seminar Topic: ‘How to make money in property anywhere in the world’. Dolf Breakfast Talks Join Dolf for a breakfast talk on ‘World trends in property investing’. Dolf has written eleven books on real estate, which have been published by such renowned publishers as Time Warner, Time Life Direct, and John Wiley & Sons. His books have been on best seller lists in at least six countries, including those of the New York Times,Wall Street Journal, business Week, and Amazon.com Dolf is the founder and owner of Property Prosperity; a leading real estate education company designed to empower individuals to find financial freedom through real estate. Dolf is the chairman of the public company that he founded, Property Ventures Limited, an innovative real estate investment company whose stated mission is to massively increase stockholder’s worth. Dolf is the former Rich Dad’s advisor with Robert Kiyosaki on Real Estate. Dolf has appeared on hundreds of radio and television interviews around the world, including NRP (National Public radio), Bloomberg, CNNfn, Fox, NY1, and ABC. For more information about Dolf you can contact us or visit our website at www.realestateinvestormag.co.za Kind Regards,
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| >> Focus on Goodwood, Cape Town, Western Cape, South Africa |
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View Properties in the Western Cape
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| >> Property of the week |
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The latest offering in contemporary design arises with The Towers in Goodwood. Spawning modern day lifestyle facilities, it also offers security and spacious living surrounds. The development places emphasis on Affordability and Exclusivity. Offering Bachelor, 1 Bedroom & 2 Bedroom units, The Towers provides the investor and resident the option of securing an exclusive property in time for the 2010 Soccer World Cup. Facilities includes 24 hour Manned Security, Views, Secure & Safe Parking with controlled access. The ultimate investment for a modern Yuppie lifestyle!
Search for property in your area |
| >> BetterBond's tips to home buyers and sellers |
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A guide to preparing your home for a showhouse You’ve put your home up for sale and now it’s time to prepare for your first showhouse. Every seller wants her home to sell as quickly as possible and at the price they want and we’re sure you’re no different. You need more than luck for this to happen. Here are some tips to spruce up your home and make it more marketable: Disengage yourself - The first step is to disengage your emotions with your home. Say to yourself, “This is no longer my home; it belongs to one of those people who will view ‘the house’ very soon”. It is now just a house that is up for sale. De-Personalize - Pack up all your personal photographs. Buyers want to imagine themselves in your home and personal photographs distract them. They need to imagine their own photos on the walls. If you have any family heirlooms or ornaments that are just too personal, pack them away. Some examples include: ornamental dolls, trophies, posters (especially those in the kids rooms) or any decorative item that could be construed as offensive. Remove decorations which might not appeal to everyone, from hanging beads in doorways to jars where your children store their insect collection. De-Clutter – It is amazing how much we collect over the years that we probably don’t need. If you don’t need it or haven’t used it for over a year, give it away or throw it away. Throw away those old magazines. Remove some books from the bookcases and add some ornaments or plants instead. Clean off everything on the kitchen counters and remove the magnets and pictures from the fridge. Remove some ornaments from display cabinets if it looks too busy. Pack toiletries into the bathroom cabinet, don’t leave your razor, shampoo, conditioner etc lying around the bath. You don’t have to throw it all away, you can pack some stuff into boxes and store them in the garage – think of this process as a head-start on the packing you will eventually need to do. By de-cluttering you create a spacious feeling. Next week, we’ll look at simple ways to make each room more appealing to the potential buyer. Article by: Cheryl Marais – Direct Marketing Manager - Betterbond
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| >> Software at its best! |
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The Property Manager provides you with a very extensive and detailed
list of criteria which you can capture for your property listings and
gives you the control to decide how you would want these properties to
be displayed on the Internet
 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 |
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For Sale Property: To Rent Property: |
"Fractional
ownership is moving beyond the shared planes of the jet-setting
elite. The masses are already sharing everything from property,
art to cars to designer handbags, and as pooling demand and resources
becomes increasingly sophisticated, this model will be applied to
an even wider range of categories."
Due
to the restricting effect power cuts have on new property development,
property analysts concur that in the near to medium term
they will be advantageous to property rentals as a result of stock
supply not meeting demand.
PPC,
which has already increased the price of its cement 8,5% this year,
said the hike of about 5% in July was meant to bring cement prices
in line with March’s producer price inflation of 11,8%.The
increase will drive up construction costs generally, and the costs
of the government’s infrastructure spending programme
According
to the latest Absa house price index, released on Thursday, South African
house prices in the middle segment of the market slowed to a nominal 6.8%
year-on-year (y/y) in April from 7.8% y/y in March, taking growth to an
eight-and-a-half year low.
It’s
a common and fondly held tradition — buying a stand and building
a brand new house exactly the way you want it. If this is your plan, take
particular care to ensure the building takes place on the stand you’ve
actually bought as confusion arise more easily than you think.
The
2010 World Cup is just around the bend. Despite all the politics surrounding
what will hopefully become one of Mzansi’s most auspicious events,
it’s good to know there are people in this country with sufficient
experience in the sport to have a say in the procedures should they need
to. One such person is soccer superstar Mark Fish, who was in fact one
of a handful of ambassadors in South Africa’s successful bid to host
the 2010 FIFA World Cup. We nearly lost Mark – or ‘The Big Fish’
as he is in known to soccer fans the world over – back in the mid-’90s
when he was signed by Lazio of Italy, then Bolton Wanderers and finally
Charlton Athletic – as one of the these teams’ highest-paid
players. But he returned to his home pond in 2007 after an injury brought
on the decision to retire...
A
brand new landmark launched in Goodwood
Goodwood,
Cape Town North: Goodwood lies between the northern and southern suburbs
of Cape Town, 10 kilometers from Cape Town’s city centre. Named after
the famous British racetrack, as the area was initially used for horse
racing, Goodwood includes Tygerdal, Vrizjee, Goodwood Park, Goodwood West
and Glenwood. 
