Weekly Property News
Friday, 11 December, 2009

Season Greetings!

With Christmas and New Year round the corner, it's the time of the year to be merry and joyous. It is the perfect time to take a break and to cherish the time with your family. It is the season to feel the love all around and spread joy and warmth. It is also the time for us to end 2009 as far as our newsletter is concern.

2009 was not an easy year for the property industry. However, it is to believed that South Africa has reached the bottom of declines in house prices and has started the recovery process. We are thankful to all our property groups for supplying us with content for our newsletter and we are thankful to our readers (readership nearly 40 000) for their support and constant feedback.

2010 and as all eyes will be on South Africa for the hosting of the Soccer World Cup while economists forecast an improvement in the second quarter. We wish you all heartiest wishes for a very happy and successful year ahead!

The staff, Cyberprop.com

The editor

In This Issue


Local News

Banks at odds over prices - iafrica.com

Two of South Africa's big four banks put out contradictory reports about the state of the housing market yesterday...

Lazy property lawyers vs sleepy civil servants - realestateweb.co.za

Every year the same question pops up: "When is the Deeds Office (at Pietermaritzburg) closing?"

Soccer Cup set to be ‘another ’94 for SA’ - Chas Everitt International Property Group

It would be hard to overestimate the boost that SA’s image stands to get from the Soccer World Cup next year, but it’s effects are likely to be similar to those experienced when the country ended apartheid in 1994 and reinforced when the Springboks won the Rugby World Cup in 1995...

Call to incentivise energy savings in homes - CENTURY 21

The public outcry at Eskom’s proposed additional large scale increases in the electricity price means these are likely to be toned down by the National Energy Regulator, but it’s already clear from market feedback that energy efficient residential properties are in demand and will become increasingly so...

New student accommodation for Wellington - Nationlink Property Group

Located just 60m from the Wellington campus of the Cape Peninsula University of Technology, the new Grand Verdeau apartment complex is being developed with students in mind...

Tenants should take care not to sign on with a distressed landlord, says Rawson MD - Rawson Properties

The number of distressed property owners in South Africa is still on the rise and residential properties are still being “taken back” by banks (and other creditors) at a rate that is almost unprecedented in the history of our country, says Tony Clarke, MD of Rawson Properties...

CyberProp Property Count: 11/12/2009

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Local News Continue

Pam Golding: 'I have never felt that I wasn't one of the boys' - Pam Golding Properties

She glides serenely into the room, with the grace and elegance of a swan. But like the swan, you do not see the non-stop motion of the legs, propelling Pam Golding here, there, everywhere...

Sectional title trustees often ignorant of rules - IHFM

Many of the rules that apply to the passing of a special resolution for a sectional title scheme are often not fully understood by the trustees of the scheme, says Michael Bauer, GM of IHFM, the property management company - and this, he says, can lead to problems...

Early birds pick Gautrain properties - RealNet

Units in townhouse complexes near the Gautrain station in Centurion are starting to attract investor interest...

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