Weekly Newsletter
Friday, 17 November 2006
Property Search | Estate Agents | List your property

Edition 46 of 2006, Friday, 17 November, 2006

Dear Reader

The rand has rebounded from a three-year low hit early last month and could strengthen further if it breaks through R7,16 to the dollar, traders and analysts said yesterday. Indeed good news for South Africans.

A growing number of South Africans are buying holiday homes overseas for investment purposes. This was evident earlier this year when the first phase of Anahita, a Mauritian residential resort, was sold out within six hours of 70 units going on sale. South Africans comprised 35 percent of the buyers" Real Estate News - Paradise found!

‘Stress test your valuation – if the investment works for you at a required yield of an additional few percent over the current ‘benchmark’ the investor can absorb a few more upward interest rate adjustments.’ This according to Barry Kaganson Managing Director of Valuation Alliance (Pty) Ltd. Interest Rate Hike - Revalue your property

Braamfontein is South Africa's foremost receiving house of live entertainment, home to four South African-based multinationals, the City Council and South Africa's premier educational institution, the University of the Witwatersrand. The area has been given a new lease on life with the district's regeneration initiative headed by the Johannesburg Development Agency and property owners. Through the establishment of the Braamfontein Management District and the launch of the Braamfontein brand, this precinct has been transformed into an appealing and safe corporate district, educational centre, and entertainment and arts hub. Focus on Braamfontein, Gauteng, South Africa

Despite high crime levels and a weakening currency, South Africa has taken its place as one of the world’s top emerging economies with a property asset base that is likely to continue its upward value growth path for the next five or six years. Leading economist forecasts sound future for property

It seems like Blogs are everywhere these days. You can't seem to surf the Internet without seeing the word Blog somewhere. Everyone is talking about blogs, but what exactly are they? Have Fun - To Blog or not to Blog?

Enjoy!
The editor


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>> Real Estate News - Paradise found!

A growing number of South Africans are buying holiday homes overseas for investment purposes.

This was evident earlier this year when the first phase of Anahita, a Mauritian residential resort, was sold out within six hours of 70 units going on sale. South Africans comprised 35 percent of the buyers...

>> Interest Rate Hike - Revalue your property

With the current upward outlook and movement on interest rates, home-owners may be wise to take advantage of the run in property prices to negotiate lower mortgage rates, thereby holding their repayments at around the same levels as recent months.

Barry Kaganson, MD of leading valuation firm Valuation Alliance explains: ‘Having one’s home re-valued allows the lending institution to reassess their loan to value ratio (the value of the outstanding loan as a percentage of the property value), and hence re-price the loan accordingly...

>> Braamfontein finds its home in residential market

BRAAMFONTEIN’s residential property market is “cooking” and is one of the inner city’s success stories, say property pundits. They believe Braamfontein and nearby Newtown probably show the most promise. There is a great deal of demand for residential space in Braamfontein, which is close to tertiary institutions.

David Green, the MD of commercial, industrial and residential property brokers Pace Property Group, says demand for residential space was illustrated on November 4, at the launch of the new Broadway apartment block in Juta Street, Braamfontein. The 140-unit block, which is being marketed by Pace, sold out completely by the end of the weekend...

>> Do you know the legal pitfalls?
It's surprising how many home buyers don't know the legal implications that surround property transactions. But beware: there are pitfalls, and once you've signed the contract, there's not much you can do to get out.

According to Lanice Steward, MD of Anne Porter Knight Frank, the contract is completely binding once it has been signed...

>> Focus on Braamfontein, Gauteng, South Africa

Braamfontein has been a part of Johannesburg since 1886, the year the city was established. Back then, Braamfontein was a farm where people lived, worked and had a strong sense of community. Over time, the area developed into an important commercial and economic node of Johannesburg, housing a vibrant business district, the seat of local government and various educational institutions and business corporations...

>> View Properties in Gauteng
>> View Properties in Braamfontein

>> Property of the week

Gauteng, Johannesburg, Braamfontein

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Bathrooms: 1

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>> Leading economist forecasts sound future for property

Despite high crime levels and a weakening currency, South Africa has taken its place as one of the world’s top emerging economies with a property asset base that is likely to continue its upward value growth path for the next five or six years...

>> Dubai to spend billions for 2010 in SA

A Dubai government firm said on Wednesday it will spend one billion dollars to build new facilities at Cape Town's Victoria and Alfred waterfront in time for the 2010 football World Cup in South Africa.

A three-stage development plan, with the bulk due to be completed by 2010, features the construction of new hotels and resorts, entertainment areas, a marina, shopping malls and apartments, Dubai World chairperson Sultan bin Sulayem told a joint news conference with Western Cape premier Ebrahim Rasool...

>> News from Sunday Times Properties

Questions are being asked after developer gets property bargain.

The Joburg council may have lost R27-million when it sold off a prime piece of land for a mere R870000.

The council sold a portion of a farm, Liefde en Vrede, south of Joburg, to a developer for R12403 a hectare while the going rate for vacant land in the area was around R400 000 three years ago...

>> Have Fun - To Blog or not to Blog?

It seems like Blogs are everywhere these days. You can't seem to surf the Internet without seeing the word Blog somewhere. Everyone is talking about blogs, but what exactly are they? Here's a blog definition and explanation of exactly what blogs are:

Blog is short for weblog. A weblog is a journal (or newsletter) that is frequently updated and intended for general public consumption. It proves as a great platform for discussing topics.

It is with that, that we gladly announce that Cyberprop now has a Blog! Cyberprop is dedicated to providing you with the most current and informative real estate news in South Africa and with the addition of a Blog, we are now able to provide you with more valuable information on the exiting world of Real Estate.

We invite you to interact with our Blog and share your opinions on some of the hottest property news today. Please forward any suggestions on our Blog to webmaster@cyberprop.com

Blog address: http://property-south-africa.blogspot.com/

We look forward to your comments…. See you on the Blog!!!

>> Software at its best!

Technology has become an integral part of Real Estate over the past few years. Tools like CyberAgent have played and will play even a more important role in the future of Real Estate. Real estate agencies using a tool like CyberAgent, gain the advantages of using the latest technology to benefit their businesses.

The real challenge is to find a software application (programme) that supports all facets of the industry, cutting out the need to duplicate day-to-day work. CyberAgent answers to all the estate agencies needs.

CyberAgent:

  • Is an all-inclusive office management tool
  • Consists of cutting edge technology
  • Has been developed since 1999
  • Enables you to eliminate multiple programmes; No double capturing
  • Compete on the highest level of Internet marketing and exposure
  • Is an OFF-LINE system, saving you time and money
  • Free programme updates on a regular basis
  • Currently used by over 700 Professional Estate Agencies
  • Includes multilevel security
  • Network ready with no additional licenses for the same office

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

For Sale Property:
Eastern Cape Freestate Gauteng Kwazulu Natal Mpumalanga North West Northern Cape Northern Province Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape


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