Weekly Newsletter
Monday, 09 December, 2005
Property Search | Estate Agents | List your property

Edition 48 of 2005, Friday, 9 December 2005

Dear reader,

There is nothing wrong with the residential property market although the growth in house prices have softened from last year. In November 2005, house prices grew by 21.5%, from a peak of 35.5% in November 2004. The bottom-line is that house prices are still growing way above the 4,2% inflation rate.

And just as we thought we are not going to hear from Dave until 2006 he surprise us with one more article. "My previous article was on making the best of Xmas property shopping while inland. To recap, property-shopping inland can be a good idea for the serious property hunter over Xmas due to the thinning out of competition the fact that only serious or desperate sellers stay active in this market. This week lets, take a look at resort towns." The Property Game - Xmas special

Dave told us all about how to shop for that Xmas special but now it is time to apply for that bond. Be a winner with Nedbank Home Loans! Apply for a bond with Nedbank and you stand a chance to win fabulous prizes! Keep a close look as we will be bringing you tips and the name of the winners from Nedbank over the next few weeks.

The steelworks, the largest works in the Southern Hemisphere, began operating in 1947 and the town, which forms Gauteng's border along the Vaal River, was proclaimed in 1949 and attained municipal status in 1952. If you read this statement which town come to mind? Correct! Vanderbijlpark, Gauteng, South Africa. And that is where we will be visiting this week in Focus on.

Sometime ago we had an article on a Chinese company selling plots of land on the moon. We bring you news on how this company's efforts was a "beautiful" idea but fraudulent and illegal.

The turkey has been featured at the center of quintessential holiday table for the last 200 years; it symbolizes Thanksgiving. We bring you a step-by-step guide on how to create the perfect turkey for you and your loved ones to enjoy.

Enjoy!
The editor

 

 

>> Real Estate News - House prices off the boil

Homeowners can take heart because house prices are still growing way above the 4,2% inflation rate but the pace of increase has softened from last year’s peak of 32%.

This was confirmed yesterday by the house price indices of two major banks – Absa and Standard Bank. The Absa House Price Index showed that house prices on average rose by 14,7% in November, from 16,2% in October...

>> The Property Game - Xmas Special

Supplied by Dave Welmans www.thepropertygame.co.za

My previous article was on making the best of Xmas property shopping while inland. To recap, property-shopping inland can be a good idea for the serious property hunter over Xmas due to the thinning out of competition the fact that only serious or desperate sellers stay active in this market.

>> Win with Nedbank

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  • NedRevolve - provides you with flexibility and control to manage your finances more effectively and is an ideal vehicle to accumulate tax-free savings.
  • Further loan without registration (Readvance) - gives you access to the capital amount already paid off up to the original loan amount without having to register a new home loan.
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  • Nedbank Accelerated Payments - enables you to pay off your homeloan sooner than the term stipulated in your home loan agreement.
  • House Owners Insurance (HOC) - protects the bank’s interest and prevents financial loss to both the client and the bank. It is a condition of every Nedbank home loan. The HOC covers the property and the outbuildings, for example, the garage, swimming pool, walls, driveway and improvements, for the full replacement value.
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  • Nedbank’s residential home loan is a flexible home loan that can be tailored to suit your individual needs. It can be used to finance the purchase of an established residential property or purchase vacant residential land.
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>> R300m development for the wine route

A R300m residential estate is being developed at Zevenwacht wine farm on Stellenbosch’s wine route next to Kuils River.

Zevenwacht owner Harold Johnson says in-depth agricultural, environmental and related studies over the past three years have resulted in a decision to use land for purposes such as housing.

He says the rezoning has been approved by the City of Cape Town and all other relevant authorities and that this is encouraging for future development and growth in the region...

>>The season to sell?

Many people presume that the end of the year is not a great time to put your home on the market... right? Wrong, says Gerhard Kotzé, CEO of the ERA South Africa real estate group.

The fact is, it’s an excellent time to do so on the basis that many buyers, notably those in senior positions, prefer to take their annual holidays before Christmas or after New Year to avoid the Christmas rush.

Article By:

>> Focus Vanderbijlpark, Gauteng, South Africa

Dr HJ van der Bijl, a brilliant young scientist working in the United States, was called back to South Africa in 1920 by Prime Minister Jan Smuts to advise the government on planning South Africa'a industrial development. Van der Bijl oversaw the inauguration of the Iron and Steel Corporations's (ISCOR) first plant at Pretoria in 1934 and, with increased demand, 10 000ha was bought to build a large steelworks and model city for its employees - Vanderbijlpark.

The steelworks, the largest works in the Southern Hemisphere, began operating in 1947 and the town, which forms Gauteng's border along the Vaal River, was proclaimed in 1949 and attained municipal status in 1952.

Vanderbijlpark's 500 000 trees shade streets named after scientists, engineers, composers, poets, writers and medical practitioners. They house one of the most cosmopolitan communities in the country.

Activities
Enfuleni Resort
An extensive riverbank development.

Loch Vaal
Built in 1922, this all-encompassing watersystem provides Southern Gauteng with over a billion litres daily. Unsprisingly, it has become a popular watersports destination with excellent facilities.

From

View Properties in the Gauteng | View Properties in Vanderbijlpark

>> Property of the week

Gauteng, Vanderbijlpark

Bedrooms 3
Bathrooms 2
Garages 2

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>> Have fun - Preparing the perfect turkey from start to finish

Cooking Thanksgiving Dinner is now easy task and I am sure the Harvest of 1641 was no exception for the Plymouth Pilgrim Colony. You think you have your work cut out for you, they had 90 Indians show up and the feast lasted three days. There are many things that you need to know about preparing a large feast even you are only have 9 Indians show up at your house.

You will first need to decide all the side dishes and number of people so you have enough and it is best to error on the side of too much rather than running out. You do not want to get scalped by any of your guests, additionally if they bring some food to the meal such as the Indians did at the Harvest Feast which was essentially the model for the Thanksgiving Holiday, then you need to make sure they do not forget. By the way the Indians brought venison to the first feast.

>> Grab the handbag, Pam

Las Vegas vies with Constantia to be top of the SA residential property pile

In one corner, Remax, the glitzy 10-year-old upstart US franchise. In the other, Pam Golding, queen of Constantia and the undisputed regent of SA residential property for 25 years. At stake: to be SA's biggest estate agent.

The only thing these companies have in common is that their headquarters are in Cape Town. Golding is the epitome of tasteful Anglo-Saxon fine living, from the grand-estate gates on her corporate masthead to her restrained London offices. She has carefully nurtured the brand to make it a must-have for a seller with a house worth more than R1m who thinks it should be on the front cover of Architectural Digest - and that's every seller.

>> News - A little loony or rather laudable?

Beijing - A Chinese company's efforts at selling plots of land on the moon was a "beautiful" idea but fraudulent and illegal, a government watchdog has ruled.

The firm, known as "Lunar Embassy", had managed to sell tracts of the moon for 298 yuan (about R235) an acre before being shut down in late October, the China Daily reported on Wednesday.

Lunar Embassy chief Li Jie took the case to Beijing's commercial watchdog, urging that the suspension of his company's license be lifted...


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