Weekly Newsletter
Friday, 20 January, 2005
Property Search | Estate Agents | List your property

Edition 03 of 2006, Friday, 20 January 2006

Dear Reader,

They say that the moderation in house price growth, to 21,9% last year from more than 32% in 2004, comes as little surprise. What do you think will happen in 2006? Do you agree that the South African housing market will experience even slower growth this year?

Of interest this week is the fact that the value of building plans reported as completed by larger municipalities in SA in the first 11 months of 2005 rose by 39.0% year-on-year to R28.7 billion. I am not so sure if this is such a good thing as the so many of the following stories unfolded in the past year.

"Late last year a developer couldn't believe what his tile supplier was telling him: that prices were up 30% on the year before and that he'd have to wait a month for his order. His townhouse project had to be put on hold.

The supplier confided to his client that falling international prices and a strong rand had in fact reduced his own landed prices by up to 30%.

"How can you charge so much, then?" complained the developer".

"Because we can," came the reply.

You have made your decision to sell and move into that wonderful new house in that up-market suburb. But what do you do if you’re having trouble selling our house? You’ve probably made a fundamental mistake. Dave's advice this week is not to panic. Read more in Dave's weekly article The Property Game - Problem in selling your home

Nestling at the foot of the picturesque Langeberg Mountains, Swellendam, Western Cape, South Africa has much to offer visitors who have an interest in history, nature and outdoor activities. Situated on the N2, approximately 240 km from both Cape Town and George, Swellendam is the perfect choice for a halfway stopover or as a base from which to explore the area.

If you're not sure where to start or how best to tackle updating your child's bedroom, you're not alone. This week we share 7 tips on how to decorate your child's room, Have Fun

Enjoy!
The editor

 

 

>> Real Estate News - South Africa's interest rates are expected to remain steady

JOHANNESBURG (Reuters) - South Africa's interest rates are expected to remain steady throughout 2006 although factors like wage demands could push inflation higher, one of the country's leading asset managers said on Wednesday.

A benign inflation environment and strong local currency has fuelled speculation that the Reserve Bank may cut interest rates this year, as the government tries to spur growth in a bid to create jobs and ease widespread poverty.

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>> The Property Game - Problems in selling your house

Supplied by Dave Welmans www.thepropertygame.co.za

You made your decision to sell and move into that wonderful new house in that up-market suburb. But what do you do if you're having trouble selling our house? You've probably made a fundamental mistake. Don't panic! Lets first go back to the basics and see what might have gone wrong before we try and fix it...

>> SA building plans completed up 39.0%

The value of building plans reported as completed by larger municipalities in South Africa in the first 11 months of 2005 rose by 39.0% year-on-year (y/y) to 28.7 billion rand, Statistics South Africa (Stats SA) reported.

This lags considerably the value of building plans passed by larger municipalities, which surged by 53.0% y/y to 62.456 billion rand during the first ten months of 2005. This implies that the current construction boom is set to continue for several quarters yet...

>> Bumping into its limits

Developers, builders, agents and buyers face supply constraints and frustration

Late last year, a developer couldn't believe what his tile supplier was telling him: that prices were up 30% on the year before and that he'd have to wait a month for his order. His townhouse project had to be put on hold.

The supplier confided to his client that falling international prices and a strong rand had in fact reduced his own landed prices by up to 30%...

>> Local flavour to the Home Channel

Doreen Morris and Kura Chihota bring local flavour to the Home Channel

Sit tight and stay tuned for the best shows on TV as the Home Channel serves more local fare. We are currently bringing you the best from off shore, but we are not limited to programming from outside of South Africa and we have loads of local and home-grown programming on offer.

With the South African residential property market booming right now, we present the Cape Property Market in association with Rawson Properties. This show brings to the viewers the ‘best of the west’ looking at property and real estate issues in the Western Cape. TV newcomer, and established industry whizzkid, Kura Chihota hosts the high level studio interviews in which he will grill leading property commentators for analysis on a range of residential property related topics. Kura is currently the National Leasing Manager of the repositioned Gensec Property Services Ltd, taking responsibility for a R 11 billion portfolio.

But we’re not restricted to property issues. Our new lifestyle magazine show, African Living poses, and answers questions on the great African lifestyle that we enjoy. This weekly programme is dedicated to the wonders of our unique way of living and is presented by the radiant Doreen Morris, who has vast experience on South African television screens. Among other things, she owned and presented the Miss South Africa pageant for six years. African Living encapsulates the way we live and the styles we embrace.

The channel also gives you an inside look at the personal and business lives of estate agents in Meet the Property Professional in association with PA Betterbond. Host Michael Jackson takes a gander at what makes some high level real estate players tick, how they make the most of their time off, and their business acumen. The Home Channel also features interviews with some of the best interiors exteriors specialists around and makes every weekend one to spend at home.

For more information contact :
Elana Closenberg 011 280 5748
elana@thehomechannel.co.za

Article From:
www.thehomechannel.co.za

>> Focus on Swellendam, Western Cape, South Africa

Nestling at the foot of the picturesque Langeberg Mountains, Swellendam has much to offer visitors who have an interest in history, nature and outdoor activities. Situated on the N2, approximately 240 km from both Cape Town and George, Swellendam is the perfect choice for a halfway stopover or as a base from which to explore the area.

View Properties in Western Cape | View Properties in Swellendam

>> Property of the week

Western Cape, Swellendam

This prime riverfront property is arguable the most sought-after piece of real estate in Swellendam - wonderful mountain views, very popular lodge accommodating overseas tourists - sufficient accommodation for 40 backpackers - a lot of space for further developing.

Search for property in your area

Enter City/Suburb:
>> Have Fun - 7 tips on how to decorate your child's room

If you're not sure where to start or how best to tackle updating your child's bedroom, you're not alone. In a lot of families, the baby nursery takes a lot of planning and decorating time but there's often less thought and energy put into decorating the same child's room as they grow older.

It's common for baby toys and furniture like diaper disposals, rattles, pull toys and cribs to get removed, but other things often seem to stay around for quite a bit longer than the growing child might wish. For instance a wall paper border with prints more suitable for your baby or younger child's room, may not be as enjoyed by your now older child (or teen?!).

>> News - Performance drooping on listed property companies

The worldwide listed property companies' performance saw 0.6% quarter on quarter growth globally in the fourth quarter of 2005, compared to 5.4% growth in the previous quarter. Performance for 2005 was 7.25% per annum growth with the fourth quarter showing marginal growth.

The S&P/Citigroup BMI Property Indices, provided to ResearchWorldwide.com for analysis on a regular basis, shows that the Middle East and Africa's performance of 20.3% in the fourth quarter kept the global listed property companies index from heading into negative growth territory. North America at 0.18% growth was the only other continental region to show positive growth in the fourth quarter.

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