Weekly Property News
Friday, 16 July, 2010

Dear Reader


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.

The editor

In This Issue
Featured Property
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?
Local News

Key Insights On The Real Estate Sector In South Africa

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...

World Cup End Impacts South Africa Real Estate Market

Colombian popstar Shakira visited some of South Africa's new and revamped real estate developments while in the country for her 2010 World Cup performances...

Home price growth slowing

According to the latest results released by bond originator ooba, indicators continue to point to a positive outlook for the local residential property market...

Housing market to stay flat in 2010

THE residential property market in South Africa is still coming to terms with the fallout from the economic crisis, said Auction Alliance yesterday...

Improvements that pay

Some luxurious but costly improvements that are commonly viewed as value-builders are actually losers when it's time to sell.

How do you know it's the right time to upgrade?

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...

Top 33 strangest buildings around the world

From twisting skyscrapers to upside down buildings. See photos of some of the worlds weirdest buildings...

Airport City plot

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...

Tips to keeping your tenants

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...

Great deals driving sales

At the half-year mark, property buyers are firmly back in the market — and getting great deals...

The tax implications of investing in immovable property as part of an investment strategy

Immovable property, equities, the money market - Is your investment strategy up to scratch from a tax point of view?

SAPOA reverts to legal action to force COJ to get its house in order

The High Court Application to overthrow the City of Johannesburg’s 2010 budget stems from SAPOA’s objection to COJ’s large rates increases which were included in the budget without consultation or due process...

Focus On

Parow, Western Cape, South Africa

Parow is a northern suburb of Cape Town, Western Cape, South Africa founded by Johann Heinrich Ferdinand Parow who arrived to the locality in 1865...

>> Property in Parow
>> Property in the Western Cape

Search For Properties

1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Search for property in your area

Enter City/Suburb:

In the Area

The areas we are going to take a closer look at this week are;

  • Durban
  • Soweto
In the area 1 - Durban

Durbs going for gold

Durban Mayor Obed Mlaba officially announced that the city will bid for the 2020 Olympic Games...

In the Area 2 - Soweto

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...

To the editor

Share your comments with us by sending it to news@cyberprop.com

News from from Asrin

Zille and Nielson praise new social housing success

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...

CyberProp Property Count: 16/07/2010

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Properties for Sale: 138,655
Properties to Rent: 9,827

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