Weekly Newsletter
Thursday, 15 June, 2006
Property Search | Estate Agents | List your property

Edition 24 of 2006, Thursday, 15 June 2006

Dear Reader

Housing Minister Lindiwe Sisulu plans to force property developers who target the top end of the market to also build homes for low-income families. She is aiming to have legislation in place by March next year – Real Estate News

If you have a bond registration or building problem a press statement received this week issued by the Ombudsman for Banking Services might just shed some light on the problem.

To fix or not to fix? Is that the question?

His Excellency Engineer Salah Salem bin Omeir Al Shamsi, chairman of the Abu Dhabi Chamber of Commerce and Industry had called on the African nations to work closely with the UAE to make better achievements in the business economic fields to improve their standard of life. He said that Abu Dhabi and other Emirates had announced scores of projects in the real estate, tourism and industrial sectors worth billions of dirhams. News from - ADDCI

In Focus on this week www.places.co.za takes as for a closer look at the West Coast, Western Cape, South Africa. One of my favorite places to visit along the West Coast is Paternoster, a little fishermen’s’ village. The magnificent Paternoster Bay with its breathtaking beach is where you can watch whales’ frolicking in season. About 2 hours from Cape Town it is the perfect 'off the beaten track' breakaway.

Homeowners lucky enough to have an old fireplace lurking behind furniture in the lounge may well have cause for gratitude this winter. "With dire predictions of widespread electricity cuts, chances are good that many a neglected fireplace will be restored to its former glory to provide heat in the dark days of winter," says Berry Everitt, MD of the Chas Everitt International property group. Have fun – Heat up your home this winter

Enjoy!

The editor

>> Real Estate News - Plan for low-income homes

Housing Minister Lindiwe Sisulu plans to force property developers who target the top end of the market to also build homes for low-income families. She is aiming to have legislation in place by March next year...

>> To fix or not to fix

There are a number of options for those concerned by a rising interest rate scenario.

How will home owners be affected by the Reserve Bank's monetary policy committee decision last week to increase the repo rate (the rate at which the Bank lends to commercial banks)?

Though the rise of 50 basis points, initially, may not have much effect on those who haven't stretched themselves to the limit, a rising interest rate environment will. Absa senior economist Jacques du Toit believes that "if current inflationary pressures, and other negative factors, persist in the second half of the year, it is quite possible that interest rates may increase further before the end of the year"...

>> Press Statement Issued by the Ombudsman for Banking Services

Bond registration delay

The complainant bought a property situated in Queenstown from the bank in August 2003 for R100 000-00. He took occupation of the property and paid occupational interest of R1 900-00 up to the date of transfer, 23 November 2005. The complainant wanted the property to be registered in his name and wanted the bank to refund some of the occupational interest he paid, as the process took too long...

>> Facelift for Milnerton

BY: INGRID SMIT’ PROPERTY JOURNALIST - e-mail: ingridsmit@worldonline.co.za

Three years and R25 million after the launch of his ambitious project to upgrade part of Milnerton’s central business district, local businessman Andrew Stephenson has good reason to pat himself on the back, if he were so inclined.

Not only has he turned an eyesore of dilapidated buildings into a landmark residential and commercial development but he has also provided much-needed retirement accommodation for many of the town’s older residents. “Milnerton’s CBD has effectively had a facelift,” says Stephenson, who is co-owner of Stephenson Estates, one of more than 200 members of the giant National Referral Network (NRN)...

>> Focus on the West Coast, Western Cape, South Africa

This region includes Saldanha Bay, Paternoster, Vredenburg, St. Helena Bay/ Britannia Bay, Langebaan, Hopefield, Darling and Yzerfontein

The West Coast is a region of contrast and beauty. Stretching over 400 km from south to north, the region and it's people offer the visitor a surprising variety of travel destinations...

View Properties in the Western Cape | View Properties in Paternoster

>> Property of the week

Western Cape, Paternoster

Bedrooms: 4
Bathrooms: 3
Garages: 2

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>> News from - ADCCI

ADCCI address South African business community

His Excellency Engineer Salah Salem bin Omeir Al Shamsi, chairman of the Abu Dhabi Chamber of Commerce and Industry had called on the African nations to work closely with the UAE to make better achievements in the business economic fields to improve their standard of life...

>> Have Fun – Heat up your home this winter

Homeowners lucky enough to have an old fireplace lurking behind furniture in the lounge may well have cause for gratitude this winter.

"With dire predictions of widespread electricity cuts, chances are good that many a neglected fireplace will be restored to its former glory to provide heat in the dark days of winter," says Berry Everitt, MD of the Chas Everitt International property group...

>> Software at its best!

Technology has become an integral part of Real Estate over the past few years. Tools like CyberAgent have played and will play even a more important role in the future of Real Estate. Real estate agencies using a tool like CyberAgent, gain the advantages of using the latest technology to benefit their businesses.

The real challenge is to find a software application (programme) that supports all facets of the industry, cutting out the need to duplicate day-to-day work. CyberAgent answers to all the estate agencies needs.

CyberAgent:

  • Is an all-inclusive office management tool
  • Consists of cutting edge technology
  • Has been developed since 1999
  • Enables you to eliminate multiple programmes; No double capturing
  • Compete on the highest level of Internet marketing and exposure
  • Is an OFF-LINE system, saving you time and money
  • Free programme updates on a regular basis
  • Currently used by over 700 Professional Estate Agencies
  • Includes multilevel security
  • Network ready with no additional licenses for the same office

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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