Weekly Newsletter
Friday, 17 February, 2005
Property Search | Estate Agents | List your property

Edition 07 of 2006, Friday, 17 February 2006

Dear Reader,

All eyes were on CAPE TOWN this week where Finance Minister Trevor Manuel was able to hand out R19.1 billion in tax relief, concentrated mainly on lower and middle income earners.

Trevor’s Budget for property owners – The Property Game
“Last week I pointed out how the government collects taxes from its citizens with property owners being targeted through transfer duties, estate duty, stamp duties and Capital Gains Tax. On Wednesday The Honourable Minister of Finance, Trevor Manuel, substantially changed these taxes”. Read what Dave has to say this week in his weekly article.

"I have just listed the most beautiful castle in South Africa for $1.4m” Castles left in the air as fantasy prices fall

Sasolburg is situated in the northernmost corner of the Free State Province on the southern banks of the Vaal river, and forms part of the Vaal Triangle (Vanderbijlpark, Vereeniging and Sasolburg regions). The town owes its existence to the petro-chemical industry. Its refinery is one of the only two viable coal-derived oil refineries in the world. The town was established in the early 1950's in order to provide housing and facilities for SASOL (South African Coal, Oil & Gas) employees. Focus on Sasolburg, Free State, South Afica

It's ironic that the first few steps many young people take into adulthood are spent unpacking in an eggshell-white dorm room. This week will be our last tips on decorating rooms and we focus on the student, Have fun.

Enjoy!
The editor

 

 

>> Real Estate News – Court ends Bloubergstrand battle

The Cape High Court has ended a battle between neighbours living near the sea at Bloubergstrand after the City of Cape Town had approved building plans for one of the properties that would block the view from the other.

The court has ordered that the council's approval of the plans be set aside and directed the council to observe its obligations to make the neighbours comply with the height restriction provisions of the Town Planning Regulations...

>> Gensec detects Office Boom in Johannesburg CBD

Gensec reports a boom in the A grade Office sector in the Johannesburg CBD, Gauteng. "In the last six months alone we have concluded more than R30 million capital value in Johannesburg CBD," confirms Kura Chihota, National Leasing Manager, Gensec...

>> The Property Game - Trevor's Budget for property owners

Supplied by Dave Welmans www.thepropertygame.co.za

Property experts would be hard pressed to draw up a better budget for the homeowner than the one Trevor Manuel has just delivered. Last week I pointed out how the government collects taxes from its citizens with property owners being targeted through transfer duties, estate duty, stamp duties and Capital Gains Tax. On Wednesday The Honourable Minister of Finance, Trevor Manuel, substantially changed these taxes...

>> Castles left in the air as fantasy prices fall

SHE promised to deliver rich American clients who would pay telephone number prices for some of the nation's most spectacular castles.

But Audree Mevellec's attempt to bring Palm Springs property values to rural Scotland has ended in failure, disappointed customers and claims she created a "false" market that could damage the industry as a whole.

The flamboyant, Texas-based estate agent stormed on to the Scottish property scene in 2004 when she sold Castle Lee in Lanarkshire for £7m, at least double the price anyone expected it to reach...

>> His hunger to own

He called the boom, but some of his JCI-funded deals raise questions

Mining company JCI is selling off Brett Kebble's property portfolio to settle debt even as it scours the country to find more assets. But it emerges that Kebble also dumped some of his properties in a cash-strapped frenzy before he was murdered in September last year.

Kebble made liberal use of JCI's assets to buy what most people took to be his private properties. The FM understands that most of the properties still held after Kebble's death, plus JCI's two Johannesburg buildings - at 28 Harrison and 84 Fox streets - have been sold for a little over R100m to an undisclosed consortium...

>> Focus on Sasolburg, Freestate, South Africa

Sasolburg is situated in the northernmost corner of the Freestate Province on the southern banks of the Vaal river, and forms part of the Vaal Triangle (Vanderbijlpark, Vereeniging and Sasolburg regions).

The town owes its existence to the petrochemical industry. Its refinery is one of the only two viable coal-derived oil refineries in the world. The town was established in the early 1950's in order to provide housing and facilities for SASOL (South African Coal, Oil & Gas) employees.

View Properties in Freestate | View Properties in Sasolburg

>> Property of the week

Gauteng, Sasolburg, Rietfontein

Bedrooms: 4
Bathrooms: 2

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>> Have Fun - Tips on Decorating a Dorm Room

It's ironic that the first few steps many young people take into adulthood are spent unpacking in an eggshell-white dorm room. At a time in life when nothing seems as important as self-expression, one stands, eyebrows knitted, wondering how a tiny, perfunctory room could ever truly reflect individuality, while still abiding by lame rules such as no decorative painting, candles or nails in the walls.

Body pillows, funky desk brighteners and brightly-striped bed rest pillows are only a few items that can be used to brighten up this tiny room.

>> News from Mail & Guardian online

Mixed reaction to Manuel's tax cuts

A bold cut in the corporate tax rate and the secondary tax on companies is necessary to unleash South Africa's growth potential, but Minister of Finance Trevor Manuel has not taken these steps, says the official opposition Democratic Alliance.

But the scrapping of the regional service council (RSC) levies has been recognised by the official opposition as lowering the corporate tax burden...

>> Software at its best!

With the latest innovation from USP Designs, you can expect your office to be a little quieter from now on. At USP Designs, we understand that time spent behind a desk, is money lost, therefore we have invested a great deal of time to develop software that allows you to spend less time in the office, and more time seeing clients.

CyberAgent Mobile has incorporated the most commonly used functions of the CyberAgent package, into a mobile application. Included in this software is a powerful Website Interface catering for those agents without handheld devices, CyberAgent Online. The software is designed to be user friendly, and will run on any handheld device supporting Microsoft CE.

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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