Weekly Newsletter
Friday, 22 September
Property Search | Estate Agents | List your property

Edition 38 of 2006, Friday, 22 September, 2006

Dear Reader

Residential property - prices continued to slow during the course of 2006. The increase in mortgage rates, higher monthly bond repayments due to rising house prices and the long period during which the growth in property prices has exceeded the growth in remuneration is what may caused the slowdown in growth of property prices, this according to the South African Reserve Bank.

There is growing demand from SA’s super rich, including a substantial number of blacks, for luxury “fractional” developments, a relatively new concept in the country. “What makes it really different is that it is hospitality real estate and it comes with all the services one would expect in a four- or five-star hotel, such as a concierge service,” says Robert Kroger, portfolio manager for the Registry Collection’s Africa division. Fractional developments gaining popularity among SA’s super rich by Business Day

Turn your fairytale dreams into reality. Castle for sale

De Wildt Cheetah Research Centre renowned throughout the world for its success in breeding and studying cheetah, king cheetah, brown hyena, suni, blue duiker and wild dogs is situated in Brits. www.places.co.za this week takes us to a fertile, citrus-producing area in the North West Province, irrigated by the waters of the Hartbeespoort Dam, Brits, North West Province, South Africa

The decision to buy or sell a home is one of the most important financial decisions most people make. According to Sylvia Booth Hubbard the most important thing when either buying or selling a home is to select the right real estate agent. Read more in Have Fun

The editor


Nedbank Home Loans
Whatever You Call Home We'll Be Proud To Finance It

Cover bond and transfer costs with a home loan of 108%

Are you in the market for your first home? Then trust Nedbank to make it easier to enter the property market with a loan for 108%. That's 100% to cover the purchase price of the property and an extra 8% to cover bond registration fees, transfer duties on your new home, and other start-up costs. It's the easy, flexible way to finance your first home!

Call Nedbank Home Loans on 0860 911 007 or click here for more information.

>> Real Estate News – South Africa - Residential prices continues to slow

The increases in residential real estate prices continued to slow during the course of 2006, the South African Reserve Bank said.

The year-on-year rate of increase in the prices of residential property in the middle segment of the market, as measured by Absa, decelerated uninterruptedly from 35.5% in September 2004 to 13.6% in August 2006, the SARB noted in its latest quarterly economic bulletin...

>> Fractional developments gaining popularity among SA’s super rich

THERE is growing demand from SA’s super rich, including a substantial number of blacks, for luxury “fractional” developments, a relatively new concept in the country.

According to the Registry Collection, a high-end luxury travel-exchange programme which enables members to travel internationally and stay in luxury fractional developments, about a third of the buyers into these schemes are SA’s black elite...

>> Castles for sale

When Richard Gaylord tells people he lives in a castle, few believe him.

"But it really is one," the developer protests. "We've got the turrets and all. I'm a stickler for detail, and I don't like doing things in half measure."

Castle ownership isn't for everyone, what with the heating costs, potential for plumbing problems and general conspicuousness of the structures. Gaylord's home isn't an ancient stronghold--he only recently put the finishing touches on his Elizabethan-style castle, which occupies a couple of the 170 acres at Camelot, a themed development he created in Durban, South Africa...

>> Focus on Brits, North West, South Africa

A fertile, citrus-producing area irrigated by the waters of the Hartebeespoort Dam.

To the South of Brits, beneath a karee tree, the armistice treaty of the Boer Civil War was signed in 1864 and, nearby De Wildt station, a famous speech by General Hertzog in 1912 led to the formation of the National Party.

Founded in 1924 on the farm Roode Kopjes, it was named for the owner Gert Brits...

View Properties in the North West | View Properties in Brits

>> Property of the week

Invest in North West! 18 hectares prime real estate only a few minutes from Brits, 90 minutes from Johannesburg International. 1.4km riverfront, natural bushveld, unique rock formations, mountain, panoramic views and ready to be developed. Ideal for eco-estate or resort (re-zoned) and now priced to sell. This is a MUST SEE.

Search for property in your area

Enter City/Suburb:
>> Transnet sells V&A Waterfront for $950 mln

JOHANNESBURG (Reuters) - South Africa's Transnet agreed to sell Cape Town's V&A Waterfront, the country's top tourist spot, for 7.04 billion rand as part of a restructuring to focus on logistics and rail, it said on Wednesday.

A consortium of British-based London & Regional Properties, Dubai-based Istithmar and South African black investors won the competition to buy one of South Africa's prime real estate assets, the state-owned company said..

>> Property developers look to GTS for broadband service

Goal Technology Solutions (GTS), a broadband services company, announced that it has been contracted by property developer Zotos Construction to supply an integrated residential broadband solution.

The broadband over powerlines (BPL) technology uses the existing electricity grid within the estate. Their first project is to supply the upmarket Park24 development in Kyalami with broadband internet access and telephone services for all units, as well as surveillance cameras, security communication, and access control...

>> News from - iafrica.com

Your day in court?
Tue, 19 Sep 2006

It is not the job of the Court to set neighbourhood aesthetic standards or rule on what is aesthetic or not.

That's the view of Deputy Judge President of the Cape, Justice Jeanette Traverso, speaking on the issues of neighbour law at the annual strb Smith Tabata Buchanan Boyes Property Convention. Traverso said that a clear set of rules and principles was required in terms of neighbour law, but that judging what is aesthetic or not is not part of the debate...

>> Have Fun - How to choose a real estate agent

The decision to buy or sell a home is one of the most important financial decisions most people make, yet many give little thought to finding the real estate agent best suited to their needs.

Agents are often chosen solely on the recommendation of a friend or an ad in the newspaper. But choosing the right agent can save you time, effort and aggravation in finding the perfect home at a price you can afford or selling your home quickly for top dollar...

>> Software at its best!

CyberAgent - New Development Module

The New Development Module module has been developed to assist estate agencies to market and sell New Development properties. Up until now agencies had to contact us whereby we had to develop web pages to accommodate these new developments at a cost. These developments were also only available on the agencies website only and not on all linked websites (www.cyberprop.com, www.ananziproperty.co.za, www.real-estate-south-africa.com, www.cellproperty.com and www.sundaytimesproperty.com).

This module will enable agencies to add the following information about each and every development:

  • Location information (Province, City and Suburb)

  • Main note / write-up on the development

  • Status of the development

  • Meta keywords for search engine optimization

  • Main picture

  • A picture of the site plan

  • Building specifications

  • Progress reports including pictures

  • Units
    • Unit Description

    • Selling price

    • Square meter

    • Bedrooms

    • Bathrooms

    • Garages

    • Private Garden

    • Other 1 and 2

    • Estimate Levi

    • Panoramic field to insert third party reference

    • Unit status (e.g. Now selling)

    • Unit notes

    • Notes on extras

    • Picture of the unit

    • Floor plan of the unit

    • Linked properties to this unit

    • Unit number

    • Status of unit (e.g. Sold)

    • Link reference to the property in the Property Manager

It is not necessary to complete all the fields/sections. If the information is not supplied it will not be displayed. All note fields may contain HTML tags like for instance a bold heading.

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