Property News |
16 March 2012
The saga around the Gauteng e-toll fees continues. The City of Johannesburg did not budget for e-toll fees for its 4 000 vehicles that it owns and which operates across the various departments. E-toll fees for the City of Johannesburg, with the new capped fee of R 550 per month, will be close to R 2 million rand per month. How will this be paid? Easily, by the residents of Johannesburg through increased rates and taxes.
E-tolling is now a reality and will commence on 30 April 2012.
Headlines: WITH more than 3-million reconstruction and development programme (RDP) houses having been allocated since the dawn of democracy, there are now indications the policy has served its purpose and the government is looking to replace it with something it considers more sustainable. The government announced two years ago that it would no longer be focusing on providing housing, to concentrate instead on the creation of human settlements. The department of housing has been renamed the Department of Human Settlements. This department plans to move away from the previous model, which focused on the provision of RDP houses, to the provision of a variety of accommodation, including high-rise flats. New windows opening in housing market
Market news: This is the highest reading since the fourth quarter of 2010 when the index spiked to 38. "However, this time around the higher confidence is supported by meaningful increases in activity and profitability, making us believe that the building cycle has bottomed and is now slowly recovering," FNB said. It added that the average of 34 still indicated that on average more than 6 out of 10 respondents in different sectors of the building industry rated prevailing business conditions as unsatisfactory. Building confidence up in first quarter
That strong demand, together with a lack of willing sellers, is causing land prices to continue to move higher across Western Canada, according to real estate agents specialising in farmland. "There seems to be new people every day looking to buy more.
Property Count: 16/03/2012|
|Home loan applications surge|
The value of home loan applications in February this year was almost 50 percent higher than the same month last year, bond originator ooba said on Thursday...
|Home prices slip again|
According to the latest statistics released by ooba South Africas leading bond originator - property prices in February showed positive year-on-year growth of 4.3 percent (i.e. it fell by two percent when taking inflation of 6.3 percent into account)...
|Keep it fresh|
Adding colour to the exterior of a home has become a hot trend over the past few years. While a fresh coat of paint will give a house an updated look that is always attractive to buyers and can influence the perceived value of the property, it is important to choose the right colour to complement the home and its surroundings, says Adrian Goslett, CEO of RE/MAX of Southern Africa...
| Downsize your home effeciently|
Whether you simply need a smaller property, are considering retirement or need to downsize your home due to financial reasons, moving from a large property into a much smaller one can be a big emotional life event...
|MOI must be customised - do not use standard form|
Lawyers have been highly critical of the standard form Memorandum of Incorporation contained in the regulations to the new Companies Act, saying that it can, if adopted as it stands, lead to serious problems for a company. Here Trudie Broekmann of Gunstons Attorneys explains why each company must now have its own MOI and not rely on the standard form...
|Possible plea bargain in Machanik case|
Former estate agent Wendy Machanik's case was postponed by the Commercial Crime Court in Johannesburg on Wednesday for a possible plea bargain agreement...
|Implications of the Consumer Protection Act|
A tidal wave of press comment on the implications of the new Consumer Protection Act has hit the media in recent months - and among those most concerned about it are South Africas estate agents and their principals...
|Howzit MSN celebrates new look property section with a whopping R20 000 cash give away|
Howzit MSN, one of South Africas largest portals, has revamped its property section in partnership with CyberProp, and to celebrate it is giving away R20, 000 in cash to one lucky winner. The slick and improved property section adds international property listings, a range of powerful tools such as bond repayment and exchange rate calculators, and excellent data and statistics for buyers and sellers...
For Properties |
Search for property in your area
the Area |
The areas we are going to take a closer look at
this week are;
- Camps Bay
- Southern Suburbs of Cape Town
the area 1 - Camps Bay |
Big demand for Camps Bay homes - but buyers insist on "realistic" prices
Anyone buying or selling a home in Camps Bay right now, says Helen Hoekstra, manager of Anne Porter Knight Franks Atlantic Seaboard branch, should take a good look at the latest PropStats figures for the area...
|Local news continue|
|Decorex Seminar Durban|
Decorex SA in proud association with Caesarstone invites you to the 4th annual Conversations on Architecture. Hosted by architectural mastermind, Hugh Fraser, the conference theme - 'Revisiting Craft in Architecture' - features a diverse line-up of top international and local industry players, as well as some of the regions most creative young minds. Here's a sneak preview of what to expect this year...
|Waterless urinal valves will be major contributor in saving water|
South African managers and executives by and large accept that the problems facing the planet as a result of global warming and rapid population growth are serious but unless they are actually in the conservation field, they tend to remain vague about what remedial measures could now be taken...