Weekly Newsletter
Friday, 20 July 2007
Property Search | Estate Agents | List your property

Edition 28 of 2007, Friday, 20 July 2007

Dear Reader

They say that South Africa's electricity is the cheapest in the world. This is however to come to an end. "The cheap-electricity era is coming to an end, here and in all other markets," chairperson Valli Moosa of Eskom warned South Africans.

Berry Everitt, MD of the Chas Everitt International Property Group gives good advice to property investors;

  • Know what you plan to do with the proceeds of the investment
  • Consider the overall prospects of the national economy
  • Consider the economy in the area the property is situated in

Read more in Investment ‘rules’ still in play

Long-term prospects for the residential property remain positive, according to FNB’s property strategist John Loos, who is confident that house prices, having already posted a more than 20 percent cumulative growth since the beginning of 2006, will record a doubling in their values in the second half of this decade.

Loos, addressing estate agents at an FNB Home Loans recent legislation workshop in Durban , forecasts a steady annual increase in house prices for the remainder of the decade to reach its highest annualised level of around 20 percent by the end of the decade or early in 2011. SA house prices forecast to double in second half of decade by Rodney Hayter

Yeoville's Rockey Street, I can still remember hanging out in this once-famous and up market entertainment buzz. One of the oldest suburbs of Johannesburg and once upon a time an elite district populated by the city's rich and famous is now a haven for beggars and dripping of crime. I was filled with joy when I read this week that Rockey Street is to undergo a face lift. “What we want to do is make Rockey Street a cultural capital in SA. We want to give people a holistic African experience." Graham Pieterse, CEO of City Re-Mix.

Yeoville must be one of the few areas in South Africa where you can still pick up good properties for under R 500 000. Focus on Yeoville, Johannesburg, Gauteng, South Africa.

In our CyberProp.com Blog we take a look at Online Marketing for the Real Estate Agent.

Enjoy!
The editor


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>> Real Estate News - Real people doing unreal things

"This is a wonderful adventure," says Mike Molyneux. "And I don't know where the business is taking me."

In 2005, the 46-year-old, British-born chartered surveyor and frustrated developer rented a few flats in Westpoint, one of Sandton CBD's new-generation high-rise blocks of flats, furnished them and rented them out. "I was hoping as a result to be able to stay in one unit free...

>> Investment ‘rules’ still in play

Although the property market is currently on a plateau, many investors believe there will be another market surge starting in 2008 and are consequently hunting for good investments now that will put them ahead of the wave...

>> Hindering land costs

Most of the action may be taking place in the sub-R1-million market, but getting into this market is no easy task.

According to Paul Mulder, KZN Regional Manager of Inframax, demand is the highest for units in the R400 000 to R800 000 bracket...

>> SA house prices forecast to double in second half of decade
Rodney Hayter

DURBAN (July 18) - Long-term prospects for the residential property remain positive, according to FNB’s property strategist John Loos, who is confident that house prices, having already posted a more than 20 percent cumulative growth since the beginning of 2006, will record a doubling in their values in the second half of this decade...

>> Strong market for top end homes

"The result is not only more people having the income available to spend on larger homes, but also existing top-end property owners trading up for even bigger and more expensive properties."

Despite the reported slowdown in the property market in general, Pam Golding Properties’ Western Cape metro region reports healthy activity in its top end sales...

>> Focus on Yeoville, Johannesburg, Gauteng, South Africa

IT'S lunchtime on Saturday and the main drag down Rockey and Raleigh streets in Yeoville is buzzing. The cacophony resonating along the pavements is a mixture of a dozen different languages, revving motor engines and a confusing blend of music from all over Africa...

>> View Properties in Gauteng
>> View Properties in Yeoville

>> Property of the week

Gauteng, Johannesburg, Yeoville

Bedrooms 3.00
Bathrooms 2.00

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>> Facelift aims to transform Rockey Street into a ‘cultural capital’

YEOVILLE’s Rockey Street — the once-famous entertainment mecca for Johannesburg’s bohemian crowd which morphed into a notorious drug and crime spot — is set for a facelift aimed at reviving the area’s fortunes.

City Re-Mix, the four-year-old company that specialises in refurbishments of inner-city properties in urban development zones , has acquired several properties in Rockey Street with a view to redeveloping them and improving the area.

>> News from - Bales Delaporte

Cross border property transactions on the rise

Cross border property transactions have been identified as the next wave of opportunity for property companies, and internationally, organisations have been gearing themselves up to create shareholder value and diversification away from their traditional hunting grounds.

This is according to Tony Bales of Bales Delaporte, the property investment dealmakers who recently facilitated the sale of BPI House in Namibia to Vukile Limited, who purchased the property for NAD110, 000,000 (Namibian Dollars)...

>> From the CyberProp Blog

Online Marketing for the Real Estate Agent

One of the biggest challenges for any marketer is to understand how online marketing works, and then using their extensive marketing knowledge to their benefit in the Internet environment. The Internet is alive with different people, opinions and different communities. I have a friend in the UK, which I have never met in person. We are great friends that share almost everything with each other on forums and MSN chat. I was even invited to his wedding a year ago...

>> Software at its best!

We are constantly look for avenues to advertise the properties of our CyberAgent users and will continue doing just that. Our newest avenue, www.brabys.com, one of South Africa's top search engines for Businesses, Maps and Directions.

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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