| Weekly Newsletter |
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Friday, 15 April, 2005
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| >> Real Estate News - South Africa |
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Government spending to secure the market Projections for infrastructure development in South Africa under public and private sector aegis should put any fears for the future of the property market to rest. Official figures from Government are that developments such as power
stations, dams, roads and other transport infrastructure will involve
spending of some R107-billion over the next five years... |
| >> The Property Game - Final Bubble or Bust |
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Supplied by Dave Welmans www.thepropertygame.co.za I've examined a number of viewpoints in relation to the possible SA property
bubble. " Historically the Chinese Property bubble of 1993 had a few lessons
for us. Viz. don't overestimate the emerging middle class and be wary
of government intervention that could suddenly cause a collapse - as the
introduction of capital gains tax aggravated the collapse in China in
1993...
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| >> House prices increase worldwide, Bulgaria reaches 31% |
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House prices recorded an average increase of 8.7% in late 2004/early 2005 worldwide, shows data of the International Real Estate Federation (FIABCI) and Research Worldwide. According to the survey, which monitors 23 countries on a monthly basis, South Africa at 27.8%, Hong Kong 21.6%, Spain 17.2%, New Zealand 16.4% and France 16.0% top the house price annual percentage change list at present. China, Norway, United States, United Kingdom and Sweden complete the top 10 rankings...
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| >> Interest-rate cut a "huge surprise" |
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South African economists have reacted to the South African Reserve Bank (SARB) monetary policy committee's (MPC) decision on interest rates announced on Thursday. The MPC decided to cut the repo rate by 50 basis points to 7%...
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| >> The office may yet be a hit with market |
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ALTHOUGH the office property sector is still lagging retail and industrial properties in terms of total returns, it is starting to recover. Francois Viruly, property economist with Viruly Consulting, says there could be opportunities for investors in the fixed office property market in the coming year. According to the latest Sapoa/ Investment Property Databank (IPD) South
African property index..  |
| >> Lights on but no one home |
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Oversupply of top-end cluster homes could see developers in trouble " ‘The high-priced cluster units will soon be oversupplied, if not already so’" "‘Normally developers build once the units have been sold but some start building on speculation’"
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| >> Focus on George, Western Cape, South Africa |
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The capital city and geographical hub of the world renowned Garden Route,
it is situated in a picturesque environment on a coastal plateau between
the Outeniqua Mountain Range and the Indian Ocean, causing the town and
surrounding area to have a temperate climate throughout the year... View Properties in the Western Cape | View Properties in George |
| >> Property of the week |
Search for property in your area |
| >> Land reform must happen faster |
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South Africa is looking at tougher measures to speed up land reform - which could include challenging prices that white farmers are demanding to cede their property - as part of the drive to address injustices from the apartheid era, a top official said...
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| >> Have fun - Building that tree house |
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Easy-to-Build Treehouse This tree house (the one picture is a slight variation to the one in the plans) can be built in just one weekend with a little advance work. It was designed to require as little cutting as possible by using four full sheets of plywood, just as they come from the lumber yard, and one sheet of plywood that has to be cut up into six pieces to form the front and rear walls. (For other tree house ideas, please go to: www.treehouse-books.com.) |
| >> Software at its best! |
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CyberAgent - Software for the professional Real Estate Agent 7 Reasons to buy CyberAgent
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: |
