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Weekly Property News
Friday, 16 July, 2010 |
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FROM THE EDITOR |
Dear Reader
HAPPY BIRTHDAY MADIBA!
On 18 July South Africans will once again share Madiba’s
birthday with him, his family. This time round the whole world
will be joining us in this worthwhile endeavour.
What is Mandela Day? Mandela Day is an annual celebration
of Nelson Mandela’s life and a global call to action
for people to recognise their individual ability to make an
imprint and change the world around them.
The Mandela Day campaign message is simple: Nelson Mandela
has given 67 years of his life fighting for the rights of
humanity. All that is asked of you is to give 67 minutes of
your time, whether it’s supporting your chosen charity
or serving your local community. How will you spend your 67
minutes this Sunday?
Have you felt more positive in the future of the South Africa
Market? Based on the experts, the South Africa market is on
the up. How will this affect your future and your future planning.
FNB Home Loans Property Barometer For January 2010 to March
2010; "While, demand of property barely changed during
the second half of 2009, there was a clear rise in demand
during the first quarter of 2010. Demand rose from 5.65 to
5.68 in Q4 of 2009, but that figure leaped to 6.35 in Q1 of
2010. This is a highest activity levels have been in the last
3 years.”
It would seem that a ray of light is finally appearing on
the horizon for the Real Estate industry.
Enjoy!
The editor
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In
This Issue |
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Featured
Property |
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Western
Cape, Parow, Plattekloof
Inspiringly modern home with breathtaking views
and exceptional quality. Two for the price of one! Multi
Level masterpiece for two independent families. Double
Volume lounge and dining room separated by dual fireplace.
Open plan kitchen leads through enclosed braai patio to
deck overlooking Table Mountain. 4 Beds, 4 En-Suites,
3 Car Garage just for the upper level. 4 Beds, 2.5 Baths,
D/Garage on the lower level. Indoor & Outdoor pool.
What more do you need? |
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Local
News |
| Key
Insights On The Real Estate Sector In South Africa |
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The global financial crisis had less of an impact
in South Africa than on many developing countries.
Growth had already been slowing in 2008. The economy
contracted 1.8% in 2009. We think that it is reasonable
to suggest that GDP will expand 4-5% annually
from 2011 to 2014...
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| Home
price growth slowing |
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According to the latest results released by bond
originator ooba, indicators continue to point
to a positive outlook for the local residential
property market...
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| Housing
market to stay flat in 2010 |
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THE residential property market in South Africa
is still coming to terms with the fallout from
the economic crisis, said Auction Alliance yesterday...
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| Improvements
that pay |
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Some luxurious but costly improvements that are
commonly viewed as value-builders are actually
losers when it's time to sell.
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| How
do you know it's the right time to upgrade? |
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There are all sorts of reasons for homeowners
to contemplate moving to a bigger or more upmarket
property, such as the need for more space to accommodate
a new home business, growing children or ageing
parents, or perhaps just the desire to live in
a better area...
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| Airport
City plot |
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Thursday the 22nd July will see Rawson Auctions
auctioning a 3 264m² erf at Airport City,
near Cape Town Airport, an area which, says Jason
Lee of Rawson Auctions, is becoming recognised
as the most prestigious industrial precinct in
the Greater Cape Town area...
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| Tips
to keeping your tenants |
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The current economic situation being experienced
in South Africa and around the world, although
improving somewhat on last year, is still putting
great pressure on commercial and retail property
owners who are seeing significant pressure on
commercial property values...
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Focus
On |
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Search
For Properties |
Search for property in your area
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In
the Area |
The areas we are going to take a closer look at this
week are;
| In
the area 1 - Durban |
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Durbs going for gold
Durban Mayor Obed Mlaba officially announced
that the city will bid for the 2020 Olympic Games...
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| In
the Area 2 - Soweto |
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Soweto is shining
With Soweto’s Orlando Stadium receiving
unprecedented national attention as the venue
for the recent Super14 rugby final between the
Bulls and the Stormers, and now as a training
venue for the Soccer World Cup, this huge suburb
of Johannesburg is seeing the birth of a major
new mixed-use development — the Orlando eKhaya
precinct...
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To
the editor |
Share your comments with us by sending
it to news@cyberprop.com
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News
from from Asrin |
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Zille and Nielson praise new social housing success
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A new era in “subsidised” housing
was ushered in recently when Asrin Property
Developers handed over the first 34 units
in its subsidised Olive Close social housing
component (destined to have 100 units) at
Melkbosch Village in Melkbosstrand...
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CyberProp
Property Count: 16/07/2010 |
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