Weekly Newsletter
Friday, 16 September, 2005
Property Search | Estate Agents | List your property

Edition 35 of 2005, Friday, 16 September 2005

Dear reader,

Mobile gambling for South Africans is only two weeks away and anti-gambling organisations fear it will make it easier for compulsive gamblers to bet without being monitored. But that is not where the fears ends this week.

There is much nervousness in South African property markets.

  • Homeowners – many of whom are geared to the hilt – are worried that the property market has run too hard, and a market crash may be looming
  • House prices increased by 19.2 percent year-on-year in August 2005, the lowest year-on-year growth since February 2003, according to Absa's monthly House Price Index
  • Warren Ingram, Managing Director of The Wealth Corporation (Gauteng), cautions that property is not his preferred asset class for the time being, given that it looks overbought

With all the speculation about property bubbles it might be useful to look at ways of valuing property. In this week’s column by Dave Welmans - The Property Game he’ll cover your home as an investment and why the valuing of this property has to be different to the way you would value investment property. By the way, have you purchased Dave's book? If not do it now!

Some good property news - THE commercial property market is experiencing a well-deserved revival that reflects the economic growth and regeneration under way in SA, says Moreland Property commercial and industrial director Mike Deighton.

Knysna, Western Cape, South Africa, as a tourist destination, offers an eclectic mix of attractions and activities - something for everyone. Diverse in its mix of people and its surroundings, this diversity is reflected in a range of choices of eco-tourism, cultural-tourism and heritage-tourism. www.places.co.za takes us on tour to this tourist attraction.

16 September is National Colour Day and no better reason to paint your house. But before you go out and buy the paint put the Colour Fantasizer to the test. Colour Fantasizer has been designed to be functional and intuitive to allow the user to experiment with ideas, colours and techniques without the hassle, expense and associated costs of applying them in reality before a decision is made - Have Fun

CyberProp greetings!
The editor

 

>> Real Estate News - Hong Kong

New money climbs the Peak

HONG Kong’s luxury real estate market is hotter than even New York and London. Prices on the Peak, the top of Hong Kong island, are rising as China’s economic growth spawns a new generation of buyers keen to rub shoulders with western executives and the richest families.

Prices at the Peak start at HK$15m for a two-bedroom, 1200-square-foot apartment and exceed HK$200m for houses...

>> The Property Game - Property as an investment - Part I

Supplied by Dave Welmans www.thepropertygame.co.za

With all the speculation about property bubbles it might be useful to look at ways of valuing property. In this week's column we'll cover your home as an investment and why the valuing of this property has to be different to the way you would value investment property.

Many financial advisors will advocate not treating your own home as an investment while others will eagerly argue exactly the opposite. Lets look at some arguments for both sides of the story...

>> Commercial property up on boom in residential demand

THE commercial property market is experiencing a well-deserved revival that reflects the economic growth and regeneration under way in SA, says Moreland Property commercial and industrial director Mike Deighton.

His comments echo the most recent data released by the commercial property confidence index. Released by eProp, the index measures expectations over the next six months, and the latest data indicates a rise from 74 early this year to 75 by July-August...

>> Hedging the house

There is much nervousness in South African property markets. Homeowners – many of whom are geared to the hilt – are worried that the property market has run too hard, and a market crash may be looming.

Fortunately, there are ways in which property market profits can be realised without calling an estate agent and suffering the indignity of hordes of people trampling over your property...

>> Buying..damn the damp!

The quality of building in South Africa today is often criticised for its lack of consistency, and new developments experiencing damp problems, structural cracking or plaster cracking within the first 18 months of completion is not uncommon.

It is widely known that the regulations binding the building industry in this country are far less stringent than those in the UK, Australia and the US and, to a large degree, with the basics covered the rest is dependent on the level of the developer’s workmanship...

>> Focus on Focus, Western Cape, South Africa

In the heart of the Garden Route, surrounded by forests, lakes, mountains and sea, this ever popular tourist destination is a charming town of legend, history, arts and crafts catering to visitors' every need or fancy.

Knysna, as a tourist destination, offers an eclectic mix of attractions and activities - something for everyone. Diverse in its mix of people and its surroundings, this diversity is reflected in a range of choices of eco-tourism, cultural-tourism and heritage-tourism...

View Properties in the Western Cape | View Properties in Knysna

>> Property of the week

Western Cape, Knysna

Executive fully furnished home with all the extras. Situated on Sparrebosch Golf Estate this home offers a lifetime of entertainment.

Bedrooms: 4
Bathrooms: 3
Jacuzzi

Search for property in your area

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>> Have fun - Now is the time to paint your house!

Colour Fantasizer has designed to be functional and intuitive to allow the user to experiment with ideas, colours and techniques without the hassle, expense and associated costs of applying them in reality before a decision is made. Colour Fantasizer does not intend to effect a decision but provide the user with all their colour options and effects made available to them.

The colours represented are intended to match as closely to the actual paint colour. The colours may vary due to printer, screen and other factors influencing the appearance and display. The onus lies on the user to check against the real colour and colour swatch. This software is intended to provide an indication of colour onto a surface so that the user may gain an idea to their colour, technique and other choices.

>> News from Nedbank Property Talk
Check Your Agent’s CV First

The jump in official estate agent numbers - from 57 000 in May this year to more than 64 000 in August - effectively means that there are more than 20 000 under-qualified operators in the industry.

Responding to recently released figures by the Estate Agency Affairs Board (EAAB), which puts the number of registered estate agents in South Africa at a record high of 64 159, Realty 1 Elk Chief Executive Mike Bester said historical research showed that, at any given time, 30% of its practitioners were newcomers to the industry...


>> Software at its best!
  • CyberAgent makes canvassing easy! Use data from SAPTG, CyberTrade and the Deeds office to do mail drops!
  • CyberAgent enables the estate agent to manage buyers and sellers, sending them birthday cards, emails etc.
  • CyberAgent enables the estate agent to manage properties and print great reports with a click of a button.
  • CyberAgent enables the estate agency to keep track of sales related commissions, VAT, outstanding payments and more...
  • CyberAgent links with the transfer attorneys, send and monitor transfers electronically!
  • Get your own dynamic website linked to CyberAgent. Work OFFLINE!!! Only go online when updating your web site.
  • Great exposure! Through your CyberAgent application all properties updated to your site are also send to www.cyberprop.com, www.sundaytimesproperty.com, www.real-estate-south-africa.com, www.cellproperty.com and www.ananzi.co.za

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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