Weekly Newsletter
Friday, 28 March 2008
Property Search | Estate Agents | List your property

Edition 12 of 2008, Friday, 28 March 2008

Dear Reader

North.. East.. South.. West.. Looking for property where will it be? This week we hope that we can assist you in making that decision.

North - Is northern Joburg a buyers' or sellers' market? According to Denise Mhlanga, Real Estate Web, it all depends who you ask and where you look even over the northern Johannesburg area where questions are raised of whether the market has become oversaturated

East - Upper-end EC home market slows down. EAST London’s houses are spending a longer time on the market, as reduced affordability and political uncertainty is slowing down the property boom. One upper-end Gonubie house has been on the market for nine months, having dropped from its original selling price of R2.3 million to R1.5m. This according to Siya Miti and Roux van Zyl

South - Property Investment in Australia Price values in the Australian property market took a fall from 2004 to 2005 and have been struggling to recover ever since. Some are predicting that the market is close to stabilising and that now may be the time to invest “Down Under.”

West - Good returns reported on student accommodation in Magalies “In the absolute buyers’ market prevailing at present in Magalies, one really bright spot is the potential student commune market, which suggests that investors may realise good returns as a result of the demand for student accommodation,” says Chris du Toit, franchisee of Realty1 International Property Group in Magalies.

South Africa banks are confident that they will exceed the 42 billion rand low-cost housing finance origination target by year-end, an industry body said. The low-cost housing finance loans commitment forms part of the 2003 Financial Sector Charter, in which the banking sector committed to originating loans to low-income households totalling 42 billion rand over the five-year period to the end of December 2008. Banks to beat FSC housing target

Magaliesburg, Gauteng, South Africa - This small village lies at the heart of a beautiful region of mountains, valleys, rivers and indigenous woodland - home to a variety of birds. Magaliesburg is a tranquil haven of tourist attractions. Here you will find country guest houses, hotels, lodges, stores, art and craft studios, working farms, horse and mountain bike trails.

In our CyberProp Blog we look at the top 10 Man-Made Island Paradises.

Enjoy!
The editor


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>> Real Estate News - Korea - Overseas Real Estate Purchases Decline on Subprime Woes

South Koreans' purchase of overseas real estate has continued to decrease over the past few months on growing concerns about the state of the global economy. The U.S. economy has become stagnant since the middle of last year when the housing market plunged as a result of subprime mortgage defaults.

The sluggish US housing market has dampened investors' sentiment here as the country is the most popular destination for overseas property investment by local individuals and businesses...

>> Take it or leave it

With the average price of a house edging up to the R1-million mark, sellers should not be tempted to negotiate on market-related offers that appear sound.

That’s the advice from Mike Bester, CEO of Realty 1 International Property Group, who says prevailing conditions in the South African property sector are playing straight into buyers’ hands...

>> Beware the pitfalls of PiPs

Tougher conditions in the property market are likely to escalate the availability of properties that have been repossessed by the banks as rising numbers of embattled homeowners lose the struggle to keep up with their home loan repayments

But while these properties in possession, also known as Pips, may seem like a good buy to real estate bargain hunters, there are pitfalls, advises Martin Schultheiss, CEO of the giant Homenet real estate group...

>> Banks to beat FSC housing target

South Africa banks are confident that they will exceed the 42 billion rand low-cost housing finance origination target by year-end, an industry body said.

The low-cost housing finance loans commitment forms part of the 2003 Financial Sector Charter, in which the banking sector committed to originating loans to low-income households totalling 42 billion rand over the five-year period to the end of December 2008...

>> Land process blamed for costly homes

A LENGTHY “land to stand” process might be adding as much as 20% to the cost of a residential unit and could explain big price increases experienced in the affordable housing market, the Banking Association of SA said yesterday.

Although the perception existed that cost increases were due to developer profits and increases in the prices of materials and finance costs, the banking industry suspected it might be due to the lengthy period it took to transform a piece of raw land into a serviced stand ready for development...

>> Is northern Joburg a buyers' or sellers' market?

It depends who you ask and where you look.

New developments are sprouting up all over northern Johannesburg raising questions of whether the market has become oversaturated. But has it? It depends where you look...

>> Good returns reported on student accommodation in Magalies

MAGALIES, Gauteng (March 25) – Separating the bustle of the Gauteng city life from the serenity of the African bushveld lies the Magaliesberg, a majestic mountain range rich in early creation, wildlife and scenic exhibition. So says the introduction to the Magalies Meander website, where tourists can read all about the attractions of the area...

>> Upper-end EC home market slows down

EAST London’s houses are spending a longer time on the market, as reduced affordability and political uncertainty is slowing down the property boom.

One upper-end Gonubie house has been on the market for nine months, having dropped from its original selling price of R2.3 million to R1.5m...

>> Property Investment in Australia

Guide to Property Investments in Australia

Price values in the Australian property market took a fall from 2004 to 2005 and have been struggling to recover ever since. Some are predicting that the market is close to stabilising and that now may be the time to invest “Down Under.”

>> Focus on Magaliesburg, Gauteng, South Africa

This small village lies at the heart of a beautiful region of mountains, valleys, rivers and indigenous woodland - home to a variety of birds.

Magaliesburg lies below the Southern Range of the Magaliesburg Mountains...

>> View Properties in Gauteng
>> View Properties in Magaliesburg

>> Property of the week

Gauteng, Magaliesburg

95 Ha farm ideal for 'Lodge with Spa and Health Facilities' The farm lies within a region of majestic Magalies mountains, valleys, rivers and indigenous woodlands, birdlife, breathtaking views!! Own a piece of this mountain which is over 2 billion years old!

Search for property in your area

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>> News from - Nedbank

NEDBANK CORPORATE PROPERTY FINANCE (CAPE) STILL NUMBER ONE IN THE FINANCE SECTOR AND STILL GROWING

For the property sector the year ahead will be one of “constraints” says Richard Thomas, Divisional Director of Nedbank Corporate Property Finance (Cape) – but despite these, Nedbank Property (Cape) is budgeting for a 15% increase in turnover and should end 2008 with its total assets also up 15%, to R13,5 billion...

>> Syndic8 Solutions

Syndic8 Solutions specialises in the fractional ownership of luxury vacation properties and provides comfortable and practical solutions to making an investment commitment. Some of the properties in our portfolio include:

Zebula Country Club - Bella-Bella - From R475,000
African bush lodge experience.

For four weeks a year, you could own a portion of paradise. Zebula Country Club - Bella-Bella is an upscale, established bushveld estate, luxuriously nestled in the Limpopo Province, just 20 minutes outside the sunshine town of Bella-Bella. The reserve is situated in the peaceful and protective shadow of the majestic.

  • 5 Star Rated Estate
  • Waterberg Mountains
  • 4 Double bedrooms and 5 bathrooms
  • Peter Matkovich designed golf course
  • 20 Minutes from Bella-Bella
  • Zebu Health Spa
  • Game viewing in an adjacent Big 5 game reserve
  • Spectacular views from surrounding wooden decks

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4-week share is from R475 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Pinnacle Point Fynbos Village - Mosselbay - From R385,000
Pinnacle Point Fynbos Village has been referred to as golf’s new “Garden of Eden”. Situated at the gateway to the magnificent Garden Route.

We are offering you this luxuriously furnished seaside paradise and golf course extraordinaire as an ideal chance to Buy into Life.

  • 4 Bedrooms, 4.5 bathrooms
  • 180° Sea view
  • 2 Private beaches
  • 4-Seater golf cart
  • Casino Centre
  • Wellness Centre

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4 week share is fromR 385 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Pecanwood Estate - Hartebeespoort Dam - From R445,000
This is a proud new addition to the Syndic8 Solutions exclusive portfolio. Situated only forty minutes from Johannesburg, Pecanwood boasts a magnificent Jack Nicklaus signature golf course, which forms the perfect backdrop for the distinctive architecture of the luxurious homes. We are offering you this lavishly furnished house as the perfect chance to Buy into Life.
  • 5 Bedrooms, 4 bathrooms
  • 1 Jet ski & 1 Ski boat
  • 18 Hole Jack Nicklaus signature golf course
  • House beautifully positioned on fairway
  • Rated No.1 residential Golf Estate
  • House is situated in The Peninsula
  • Breath taking mountain surroundings
  • Walking distance from The Boat Club

Syndic8 Solutions invite you to become a part of this exclusive opportunity, at a fraction of the cost of whole ownership.
The price per 4 week share is from R 445 000.
For further information contact us today and we’d be happy to introduce you to the syndication of a lifetime.

Contact Syndic8 Solutions for more information:

0861 114 894 / +27 12 644 1495
www.syndic8solutions.co.za
info@syndic8solutions.co.za

>> Software at its best!

Cell Phone enquiries from the public

Buyers driving past your advertising boards will be able to see an unique Internet Number allocated to the specific property. They will then SMS that number to 35476 and will receive an SMS back with all the details of the property. At the same time the agent / agency will also be informed of a potential buyer. How's that for technology working for you! The cost - mahala! Free to all CyberAgent subscribers.

Here's a diagram on the way this process will work...

  1. Agent captures the details of the property and pictures into CyberAgent
  2. Agent updates the property to the Internet
  3. The Internet server sends back a unique number for that property
  4. Agent puts up his "For Sale" board together with our SMS board
  5. Potential buyer sees the "SMS" board and SMS's the unique number to the Internet server
  6. The Internet server sends back an SMS with all the property details and a link to the website where he/she can view pictures on the propert

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 Limpopo
Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape


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