Weekly Newsletter
Thursday, 20 March 2008
Property Search | Estate Agents | List your property

Edition 11 of 2008, Thursday, 20 March 2008

Dear Reader

The Knight Frank Global House Price Index shows that while property prices in Europe and America appear to be suffering from the downturn in economic conditions; Asia and elsewhere, notably Singapore and Hong Kong, are performing very well." South Africa - Although impressive by International standards, the 12.3% growth recorded in South Africa represents a significant slowdown for the South African property market, and is the lowest annual growth figure since Q4 1999. The outlook for house price inflation over the next year remains uncertain as although inflation is expected to remain high, new residential construction is predicted to slow, raising levels of demand for existing homes. Global House Price Inflation was 8.2%

10 for Greeff Properties this week! Greeff Properties set up a non-profit organisation, The Greeff Art Trust, to help township and previously disadvantaged artists to find a market for their art work. They have just distribute 6 000 DVD's to homes in Bishopscourt, Claremont, Kenilworth and Constantia. Read more in Greeff holds out a helping hand towards Township artists

My first house, John Robbie. Does John have any advice for those considering entering the property marker? "It's stupid to pay off someone else's home loan if you can pay your own bond. Just jump on the bandwagon if you're not already a homeowner.

Will you pay R3-million for a one bedroom apartment? Developers of La Residence, arguably the country’s most expensive residential development, would have built three penthouses had they known that demand for one of the two multilevel apartments would have resulted in a heated bidding war. Prices for the 152 apartments in the development range from R3-million for a one-bedroom unit to more than R25-million for each of the six other ordinary penthouses. SA’s most expensive homes

Bill Rawson shares commonly errors made by property investors;

  • To buy in response to an emotional stimulus
  • To accept the advice of a friend
  • To neglect the management of the project
  • To go into the deal without a game plan

Don't forget to visit our CyberProp Blog for more property news and views.

Enjoy!
The editor


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>> Real Estate News - Global House Price Inflation was 8.2%

Global House Price Inflation was 8.2% in 2007; Price falls in Estonia, Ireland and Latvia; Impressive rates of growth in Bulgaria, Russia, Poland, Hong Kong and Singapore...

>> Buy or build?

With the slowdown of South Africa’s property industry, the glut of available stock is good news for buyers and there are plenty of bargains for those who are still in the market. This is great news for people who cannot yet afford their ‘dream house’ — they can now buy something in a lower price range and renovate to fit their criteria, rather than the costly and stressful exercise of building what they want.

Until recently, building a new home was considered more cost effective than buying and the advantages of the buyer being able to choose his own designs and finishes added to the appeal. Building stats for the third quarter of 2007...

>> Black buyers heading south

PROSPECTIVE black buyers now make up a significant portion of Gauteng residents looking to relocate to Cape Town because of rising crime and violence.

Ian Slot, MD of Seeff Properties for Cape Town’s Atlantic seaboard, central business district and city bowl, says in general there is huge interest in Cape Town property from Gauteng residents...

>> SA’s most expensive homes

MODEST ABODES: Prices for the 152 apartments at La Residence range from R3 -million for a one-bedroom unit to more than R25-million for each of the six other ordinary penthouses

Developers of La Residence, arguably the country’s most expensive residential development, would have built three penthouses had they known that demand for one of the two multilevel apartments would have resulted in a heated bidding war...

>> My first house - John Robbie

There’s no beating about the bush with John Robbie. John is just as straightforward when he’s answering the questions as he is when he’s asking them.

Host of Talk Radio 702’s The John Robbie Show (between 6 and 9am), John’s outspoken approach to issues most people would balk at facing head on has made his name well known among both ordinary and prominent South Africans...

>> Greeff holds out a helping hand towards Township artists

The Greeff Art Trust, a non-profit organisation set up by Greeff Properties to help township and previously disadvantaged artists to find a market – has distributed

6 000 DVDs to homes in Bishopscourt, Claremont, Kenilworth and Constantia.

The DVD showcases 79 artworks selected by the Greeff Art Trust for sale...

>> Letter to the editor

Hello!

I just want to know if is it a MUST to be permanent employed to qualify for a house. Me, right now, am working as a contractor I am not permanent but I want to apply for a house and I don't want to be permanent.

Thanks a mil
Khosi Ngobese

The editor - Bad news Khosi, unfortunately you have to be permanent employed to enable you to get a home loan

>> Tips on property investment

from one of the most experienced people in the game...

Throughout his 35 years in real estate marketing, he has regularly and steadily invested in property – and this has proved to be financially and emotionally rewarding, says Bill Rawson, Chairman of Rawson Properties.

“I am always surprised that others have not also been investing in property,” said Rawson recently. “It is really not that difficult provided that you do your homework, study the market and work with an agent with a proven track record...

>> Focus on Uvongo, KwaZulu Natal, South Africa

Uvongo is a bustling holiday town that has much to offer the visitor. From St Michaels beach to Lucien Point you will find a hotel, modern flats and holiday homes that are occupied virtually all year round. The Uvongo beach is beautiful and the waterfall is a truly grand sight - with canoes on the lagoon and waves crashing into the tidal pool...

>> View Properties in KwaZulu Natal
>> View Properties in Uvongo

>> Property of the week

KwaZulu Natal, Uvongo, Manaba Strand

Bedrooms: 3
Bathrooms: 2
Garages: 1

180º Sea view!!! Large entertainment area next to pool Large covered patio with excellent sea view, jacuzzi looking over sea view!!

Search for property in your area

Enter City/Suburb:
>> News from - Anne Porter Knight Frank

CURRENT SOUTH AFRICAN INTEREST RATES ARE IN THE BOTTOM ONE-THIRD BRACKET OF THE LAST 21 YEARS

Gideon Hanekom and Nolan Allnutt, the new Anne Porter Knight Frank agents for Kirstenhof, Tokai and surrounds, have compiled a graph showing interest rate fluctuations from 1986 to the present day - a period of some 21 years...

>> Syndic8 Solutions

Syndic8 Solutions specialises in the fractional ownership of luxury vacation properties and provides comfortable and practical solutions to making an investment commitment. Some of the properties in our portfolio include:

Zebula Country Club - Bella-Bella - From R475,000
African bush lodge experience.

For four weeks a year, you could own a portion of paradise. Zebula Country Club - Bella-Bella is an upscale, established bushveld estate, luxuriously nestled in the Limpopo Province, just 20 minutes outside the sunshine town of Bella-Bella. The reserve is situated in the peaceful and protective shadow of the majestic.

  • 5 Star Rated Estate
  • Waterberg Mountains
  • 4 Double bedrooms and 5 bathrooms
  • Peter Matkovich designed golf course
  • 20 Minutes from Bella-Bella
  • Zebu Health Spa
  • Game viewing in an adjacent Big 5 game reserve
  • Spectacular views from surrounding wooden decks

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4-week share is from R475 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Pinnacle Point Fynbos Village - Mosselbay - From R385,000
Pinnacle Point Fynbos Village has been referred to as golf’s new “Garden of Eden”. Situated at the gateway to the magnificent Garden Route.

We are offering you this luxuriously furnished seaside paradise and golf course extraordinaire as an ideal chance to Buy into Life.

  • 4 Bedrooms, 4.5 bathrooms
  • 180° Sea view
  • 2 Private beaches
  • 4-Seater golf cart
  • Casino Centre
  • Wellness Centre

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4 week share is fromR 385 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Pecanwood Estate - Hartebeespoort Dam - From R445,000
This is a proud new addition to the Syndic8 Solutions exclusive portfolio. Situated only forty minutes from Johannesburg, Pecanwood boasts a magnificent Jack Nicklaus signature golf course, which forms the perfect backdrop for the distinctive architecture of the luxurious homes. We are offering you this lavishly furnished house as the perfect chance to Buy into Life.
  • 5 Bedrooms, 4 bathrooms
  • 1 Jet ski & 1 Ski boat
  • 18 Hole Jack Nicklaus signature golf course
  • House beautifully positioned on fairway
  • Rated No.1 residential Golf Estate
  • House is situated in The Peninsula
  • Breath taking mountain surroundings
  • Walking distance from The Boat Club

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4 week share is from R 445 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Contact Syndic8 Solutions for more information:

0861 114 894 / +27 12 644 1495
www.syndic8solutions.co.za
info@syndic8solutions.co.za

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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 web site linked to CyberAgent. Work OFFLINE!!! Only go online when updating your web site.

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

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


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