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Weekly Newsletter
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Friday, 23 September, 2005
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| >> Real Estate News - Welcome to the after party! |
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Absa's senior treasury economist, Chris Hart, told delegates at a seminar this week that the US growth would slow and that the dollar would weaken. This will reduce the demand and price pressure on oil prices enforcing high economic growth coupled with low inflation and will continue supporting the property boom for at least the next five years. "This is good news for South Africa as it will help keep inflation down and allow further easing of interest rates," he said.
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| >> The Property Game - Investment Properties - Part II |
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Supplied by Dave Welmans www.thepropertygame.co.za Last week I spoke about the value attached to your primary residence and debated whether it should be seen as an investment. This week I'm focusing on residential property that isn't your primary residence; holiday homes, share syndication and investment properties.
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| >> False Bay Highlighted for Investment Potential and Value |
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An in depth analyses of the Cape Town metropolitan area shows that there are many reasons to remain bullish about the False Bay area..
Article By: |
| >> SA farm to be expropriated |
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The first expropriation of commercial South African farmland for restitution has been announced by the Commission on Restitution of Land Rights in Pretoria. An expropriation notice would be served on the owner of the 500ha farm Leeuwspruit in the Lichtenberg district of the North West without fail, provincial land claims commissioner Blessing Mphela said. This comes after two-and-a-half years of inconclusive negotiations on the value of the property - with the owner wanting R3 million and the government offering R1,75 million, he told reporters in Pretoria...
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| >> Melrose Arch development unveiled |
MELROSE Arch and Warner Projects have unveiled the next phase of the Melrose Arch residential component following the runaway success of the first apartments, which fetched prices up to R7,5m. The move reflects the confidence the market has in the Melrose Arch development and expansion, and was driven by increasing demand for residential space in the area. It is the first newly planned development within a precinct that will include a fully accessible retail component to complement the urban lifestyle attraction...
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| >> Focus on the False Bay, Western Cape, South Africa |
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False Bay coastline spans from Muizenberg through St James, Kalk Bay and Fish Hoek, to Simon's Town, for many years the site of a major British naval base. This coast was Cape Town's first fashionable bathing area, particularly
as the water here is 5-7 degrees warmer that on the Atlantic Coast. There
are many good beaches here...
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| >> Property of the week |
Search for property in your area |
| >> Have fun - House hunting tips |
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You're currently renting and you've thought about buying your own place but you don’t feel ready to navigate the treacherous seas of real estate... You'll be glad to know then that it's easier than it seems, so make use of these handy tips and you'll be on your way in no time, smiling fondly at memories of when you used to waste money on rent...
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| >> News from Nationlink |
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Retirement is about living life to the full, with none of the concerns of living on your own... It's the freedom to enjoy the best years of your life... The latest Retirement Village recently launched by Nationlink Plattekloof is situated in the Northern Suburbs of Cape Town and is surrounded by the tranquil hills & wheat lands on route to the Boland countryside. The fully functional Retirement Village will host 2 & 3 Bedroom Single Title Houses, Sectional Title Apartments, Assisted Living units and a fully functional Frail Care Centre. The development will be administered according to the Housing Development Schemes for Retired Person Act (Act 65 of 1988) which stipulates that 1 of the residents in a unit needs to be 50 years and older. Plans reflect a typical unit, and the actual layout may differ slightly.
Article by Nationlink Plattekloof |
| >> Software at its best! |
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MLN – Multi Listing Network CyberAgent Multi Listing Network module allows you to share you to share properties with one or more agencies.
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 |
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For Sale Property: To Rent Property: |
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- 25 September is Proudly South African Week. The main objectives
of Proudly South African Week are to create mass positive awareness
of Proudly South African Week and the overall Campaign. The aim
is to motivate South Africans to participate in the activities and
events during Proudly South African Week and through this activity
and major media hype Proudly South African Week aims to encourage
South Africans to buy and support South African goods and services.
Each and every South African has the power to help create jobs and
to contribute towards the growth of our economy. SO BE PROUD!
The
Chas Everitt International Property Group has highlighted the False Bay
area of the Cape Peninsula as one of the best areas for investment in
South Africa.
