Weekly Newsletter
Friday, 25 November, 2005
Property Search | Estate Agents | List your property

Edition 46 of 2005, Friday, 25 November 2005

Dear reader,

We have not seen significant changes in the property market over the last few weeks. What we have seen is an increase in industrial property. "Strong manufacturing growth - spurred by a softer rand and low interest rates - has led to all-time high industrial property occupancy rates and a high demand both to purchase and to let." So says Tyrone Govender, executive director of Metboard Properties

"All this talk of a property bubble, heightened by fears of Mr Mboweni slapping Joe Consumer with a rate increase just before Christmas, gripes about affordability and slowing of sales in the upper end of the market all seem to detract from property as an investment" This is what Dave has to say this week - The Property Game, A return to basic

South Africa's most central place - Hanover, Northern Cape. Hanover was established in 1854 on the farm Petrusvallei, owned by Gert Gous. Today it is a town full of history. The Eye, a powerful spring in town, releases about 205 000 litres of water per day. For sure a place where you can still obtain property at a bargain price.

It is out! KZN shopping malls are far more safer than Gauteng shopping malls! "Twenty-three armed robberies have taken place in KwaZulu-Natal shopping malls this year. While this number might seem alarming, it is still relatively low when compared to Gauteng. Recently, Gauteng deputy police commissioner Bushie Engelbrecht said that his province's malls were no longer safe, with armed gangs having robbed malls there 56 times from January to June this year" - Daily News

Enjoy!
The editor

 

>> Real Estate News - Industrial property on the upswing

Strong manufacturing growth - spurred by a softer rand and low interest rates - has led to all-time high industrial property occupancy rates and a high demand both to purchase and to let. So says Tyrone Govender, executive director of Metboard Properties.

Govender explains that the upswing of industrial property has followed that of retail and preceded that of commercial (office) property...

>> The Property Game - A return to basics.

Supplied by Dave Welmans www.thepropertygame.co.za

All this talk of a property bubble, heightened by fears of Mr Mboweni slapping Joe Consumer with a rate increase just before Christmas, gripes about affordability and slowing of sales in the upper end of the market all seem to detract from property as an investment. It is prudent to go back to the reasoning behind purchasing property and to compare that to other types of investments you might make...

>> Soaring building costs slow down developers

SOARING building costs will probably prevent an oversupply of new office developments, and in turn create a positive office rental market in the short to medium term.

The booming residential market and government spending on public infrastructure projects are likely to increase building costs, making it difficult for viable new office developments.

Property economist Francois Viruly of Viruly Consulting says a feature of the office property market in the past was that when office rentals started increasing it led to over-development and oversupply as developers moved into the market to supply new office properties. However, this time around this is unlikely to be the case, says Viruly...

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REEP is offering you, our Home Value Report for free. All you need to do is register at www.reep.co.za for your personalised report on every property you own.

Don't hesitate, get the power of REEP into your hands."

>> Ease Of Entry Into An Estate Agency Career A Warning Sign

Nedbank Property Talk - November 2005

It is no longer only senior office bearers in the Institute of Estate Agents of South Africa who are saying that becoming an estate agent is still far too easy and that the entry-level qualifications are too low.

Lanice Steward, MD of Anne Porter Properties, who has had 20 years' experience in property marketing and selling, has added her voice to those in the institute, protesting the ease of entry into an estate agency career...

>> Focus on Hanover, Northern Cape, South Africa

Hanover, a small town in the Northern Cape Province of South Africa, is named after Hanover in Germany. The town was established in 1854

Hanover claims to be the country's most central place. It is equidistant from Cape Town and Johannesburg, centrally positioned between Cape Town and Durban as well as Port Elizabeth and Upington and it is the hub of an arc formed by Richmond, Middelburg and Colesberg.

Historic figures were at the centre of life here, people like Olive Schreiner, author and women's rights champion, and the tempestuous Rev. Thomas Francois Burgers. Among its residents were the wealthy and eccentric. The town's chief constable was the grandson of Lord Charles Somerset, the magistrate's clerk a son of Dean Vaughan of Llandaff, well-known churchman and devotional writer of his day, and the local doctor was the son of a former Solicitor-General of Jamaica.

Well-known people of today hailing from Hanover includes Zwelinzima Vavi, the General Secretary of the Congress of South African Trade Unions.

The country's first observatory once stood at the top of Trappieskop, but it has been moved and is now part of the observatory at Sutherland.

Today the busy Karoo N 1 route cuts through the veld between the town and its cemetery. But during the last century all roads converged in Hanover and all travelers passed through the town. It was on an important stop for stage coaches carrying passengers to the Diamond Fields, and the Free State mail was carried through by post cart. Daily life bubbled with people ever on the move. But then in 1884, the advent of the railway deprived the town of much of its through traffic and its character slowly changed.

View Properties in Northern Cape | View Properties in Hanover

>> Property of the week

Western Cape, Langebaan, Country Club

This charming, well-maintained cottage is situated in a up-and-coming town Hanover.
Bedrooms: 2
Bathrooms: 2

Search for property in your area

Enter City/Suburb:
>> Have fun - A fresh start with old furniture

From the magazine, Paint Decor

Glory Restored

Stylish rooms can begin with flea-market finds transformed by clever cuts and coats of paint.

It's been said that one person's trash is another's treasure, and today it's never been truer. Designers are viewing old furniture and castoffs of every kind as fodder for creating rooms with unique character.

All it takes is an imaginative eye, basic carpentry skills, and the transforming power of paint. Artist Molly Spain and her brother, blacksmith Sean Spain, see possibility in some of the most forlorn pieces and prove the point through their company, Blue Road Studio.

Together, this designing duo takes unwanted finds and refashions them into elegant furnishings.

By choosing to paint all the disparate pieces in black, Molly and Sean create a classic, unified look that works as well in a vintage setting as it does in a contemporary room.

This offers a gracious look and the one-rich-color approach hides the fact that you've invested very little time and money.

Article from: www.bhg.com

>> KZN malls much safer than Gauteng

Twenty-three armed robberies have taken place in KwaZulu-Natal shopping malls this year. While this number might seem alarming, it is still relatively low when compared to Gauteng.

Recently, Gauteng deputy police commissioner Bushie Engelbrecht said that his province's malls were no longer safe, with armed gangs having robbed malls there 56 times from January to June this year.

According to statistics, KZN is much safer in comparison...

>> News - From Cabins to Castles

We have recently secured a mandate from the top property developer in Dubai, EMAAR, to market some of their new developments. We believe this to be an excellent investment opportunity and various choices of property are currently available for the South-African market.

On December 9, 2005 we will be launching these prestigious properties onto the SA market at a information evening in Johannesburg where the developers will be available to answer your questions.

For a invitation to this event, please contact us on the numbers provided below:

(Private buyers only, NO AGENTS)

Tel: +27 (0)11 888-0000
Cell: +27 (0)82 925 6430
Email: broker@sellprops.co.za

Toe view some virtual tours, click on the links below

Burg Dubai soon to be tallest building in the world
http://burjdubai.flipcorp.com/content/press.asp

Hattan
http://www.emaar.ae/VRTours/VR_Tour_Hi/hattan/index.htm

Meadows
http://www.emaar.ae/VRTours/VR_Tour_Hi/meadows/index.htm

Springs
http://www.emaar.ae/VRTours/VR_Tour_Hi/springs/index.htm

Mirador type 16
http://www.emaar.ae/VRTours/VR_Tour_Hi/mirador_a/index.htm

Mirador type 17
http://www.emaar.ae/VRTours/VR_Tour_Hi/mirador_b/index.htm

Mirador 18
http://www.emaar.ae/VRTours/VR_Tour_Hi/mirador_c/index.htm

Contemporary Savanah
http://www.emaar.ae/VRTours/VR_Tour_Hi/contemporary/index.htm

Saheel -Standard Option
http://www.emaar.ae/VRTours/VR_Tour_Hi/saheel/index.htm

The Old Town
http://www.emaar.ae/VRTours/VR_Tour_Hi/oldtown/index.htm

The Old Town Island
http://www.emaar.ae/VRTours/VR_Tour_Hi/oldtown2_hi/index.htm

The Residences
http://www.emaar.ae/VRTours/VR_Tour_Hi/residences/index.htm

Sheikh Zayed Road
http://www.emaar.ae/VRTours/VR_Tour_Hi/living/sheikhzayed/index.htm

Dubai Marina
http://www.emaar.ae/VRTours/VR_Tour_Hi/living/marina/index.htm

The Montgommerie
http://www.emaar.ae/VRTours/VR_Tour_Hi/living/montgommery/index.htm

about Dubai

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