Property News |
23 March 2012
And now? Just over a million customers have been approved to receive free basic electricity by Eskom. The Energy Department briefed the portfolio committee on energy in Parliament on Wednesday. The Energy Departments Thabang Audat says the national average of customers collecting free basic electricity tokens is currently at 76 percent. Indigent households are given 50 kilowatt hours per month of free electricity and the departments studies show that this is sufficient. Audat says attention must focus on extending free basic electricity to more poor households rather than increasing the free amount of 50 kilowatt hours per month. Eskom has been struggling to raise the money it needs to build power plants as soon as possible in an attempt to avoid load-shedding as in 2008; iAfrica.
Headlines: Adequate housing is a key requirement for a sense of dignity, Western Cape premier Helen Zille said on Monday. "One cannot live a life one values if your shelter leaks when it rains, is vulnerable to structural collapse or is not safe or secure," she said in a speech prepared for delivery at a Western Cape youth in human settlements summit. Housing brings dignity - Zille.
Market news: An INCREASE in vacancy levels across most property portfolios was a significant driver of lower income growth over the past two years, says Paul Duncan, Catalyst Fund Managers investment manager.Duncan says consensus appears to be that the "rate of increase in vacancy levels has declined and in some nodes has even troughed". New demand for property space remains subdued.
Of specific interest this week may be the course on greening commercial interiors which is new and very exciting. This is taking place in Johannesburg on 29 March 2012. Inspiring GBCSA Green Building courses - nothing par for the course here.
Property Count: 23/03/2012|
|Who Will Be Africa's Brazil?|
Travel around Africa these days and you'll feel a sense of expectation, a sense that prosperity is just around the corner...
| New demand for property space remains subdued|
An increase in vacancy levels across most property portfolios was a significant driver of lower income growth over the past two years, says Paul Duncan, Catalyst Fund Managers investment manager...
| Easy steps to a brighter future|
While the South African economy has largely recovered from the tough global downturn, many consumers and homeowners are still struggling with the rising cost of living, says Adrian Goslett, CEO of RE/MAX of Southern Africa...
|Potential middle class buyers need assistance from the State|
The SA government, says Rob Lawrence, national manager of the bond origination company, Rawson Finance, has not yet really faced the fact that the residential property sector which annually contributes almost 10% to SAs GDP, has been operating well below normal healthy levels for close on four years now surely, he says, some form of proactive action is now needed to get this sector moving upwards...
|Accommodation income up 16.6%|
Total income for the accommodation industry increased by 16.6% year on year in January to R1.911 billion according to recent data from Statistics SA...
|How to make a successful offer|
Many homebuyers believe they should start with a low offer and then bargain up towards the sellers asking price. But most experienced agents can attest to the fact that too many offers and counteroffers will usually kill the deal...
| Process of auctioneer selection must be transparent|
The recent revelations that a national auction house with an established reputation for achieving good results has allegedly been buying commissions by paying those involved in selecting the auctioneer and others must and will lead to demands that this process should become more transparent, says Lanice Steward, MD of Anne Porter Knight Frank...
Rob Whiteley, manager of Rawson Auctions Johannesburg franchise, has added his pennyworth of comment to the furore that has been ignited by the revelations that leading auctioneers have made use of ghost bidders...
|Check the handover document of projects|
How can the buyer purchasing a home from a developer know that the product of which he will take delivery in anything from six to 18 months will be sound and reliable...
|Howzit MSN celebrates new look property section with a whopping R20 000 cash give away|
Howzit MSN, one of South Africas largest portals, has revamped its property section in partnership with CyberProp, and to celebrate it is giving away R20, 000 in cash to one lucky winner. The slick and improved property section adds international property listings, a range of powerful tools such as bond repayment and exchange rate calculators, and excellent data and statistics for buyers and sellers...
For Properties |
Search for property in your area
the Area |
The areas we are going to take a closer look at
this week are;
- South Coast
- Montague Gardens
the area 1 - South Coast |
Buyers return to simmering South Coast
After a quiet start to the new year, property sales activity along the South Coast of KwaZulu-Natal has recently picked up sharply, with both local and upcountry buyers streaming in to snap up seaside properties at bargain prices...
|In the area 2 - Montague Gardens|
High yielding investment property for sale in Montague Gardens
An exciting new sectional title retail node has become available in Montague Gardens offering high yields for investors at the same time as offering massive retail exposure to tenants...
|News from Chas Everitt International Property Group|
|Local news continue|
|GBCSA Member Event - KZN - 3 April 2012|
You are invited to a Building Tour: Lincoln on the Lake, Umhlanga Ridge
With 5 certifications, the Umhlanga Ridge area boasts the highest number of Green Star SA rated buildings in the country...