Weekly Newsletter
Friday, 28 September 2007
Property Search | Estate Agents | List your property

Edition 38 of 2007, Friday, 28 September 2007

Dear Reader

It takes more than a lousy USA real estate market to hold Donald Trump down looking at his plan to build a 400 room condominium hotel in New York's SoHo district.

While the locals are not happy and threatened to sue to have the Trump's building permit revoked he on the other hand is beaming. "It's a great time for people like me who have a lot of cash."

Delegates from South Africa attended the African Union for Housing Finance conference in Accra Ghana. Here they were told that there are currently an estimated 500 000 deficit of housing in Ghana and that the number can easily grow to one million. Who is to blame? Real Estate News - Minister Slams Real Estate Developers For Housing Deficit

In South Africa MEC of housing in KwaZulu Natal, Mike Mabuyakhuly lash out against people illegally acquiring low-cost houses meant for the poor. The housing backlog in this province is nearly one million.

What is the trick to never losing on a buy-to-let? Property investment expert suggests some very shrewd moves to ensure a steady income. 12 top tips for landlords.

Soweto, the most widely-known township in the world, is massive, dusty, cosmopolitan - it is home to the people. With heritage sites, restaurants & shebeens aplenty, Soweto is well worth visiting. Focus on Soweto, Gauteng, South Africa.

Don't forget to visit our CyberProp Blog for more property related news and views.

The editor


>> Real Estate News - Minister Slams Real Estate Developers For Housing Deficit

The Minister of State in charge of Water Resources, Works and Housing, Cecilia Abena Dapaah has blamed real estate developers for the current high housing deficit in the country.

Mrs. Dapaah says the concentration on the middle and upper ends of the housing market with little concentration on affordable and economic housing for the average Ghanaian worker is the major cause of housing shortages in the country...

>> Massive uptake for Fashion Lofts in Johannesburg city centre

Describing the response as ‘phenomenal,’ Aengus Property Management’s marketing director Simon Rubin said they had over 1 100 potential tenants apply for tenancy, well before the conversion of the 223 apartments in the block had been completed. “I’ve never seen anything like it. All our previous residential conversions have been fully let or sold shortly after release, but this demonstrated a new level of demand...

>> Is your garage ready for a Rolls?

Changing lifestyles that make it necessary for more families to have two cars - and the high cost of vehicles – has substantially raised the value of a garage from the homebuyer’s point of view...

>> I want it all, I want it now

Borrow, borrow, borrow…or should we?

That dream cottage overlooking the crashing sea, that turbo-charged beast in impossibly luminous red .....you can have it!

On the house, one eager bank or another will lend to you at prime less two percentage points for 25 years.

As for the car, an equally indulgent HP bank, in collaboration with the car company, will lend you the money at prime less 6% over 60 months. You can afford it. It's only Rx per month - albeit for many months...

>> High development costs underpin residential resale market

Property developers are increasingly obliged to provide – and pay for – infrastructure for new residential developments as local authorities struggle to provide services to new suburbs.

This practice is contributing to rising prices of new housing stock and is creating greater demand for existing houses, says George Krause of leading Garden Route estate agency Homenet Trio...

>> 12 top tips for landlords

What is the trick to never losing on a buy-to-let? Property investment expert suggests some very shrewd moves to ensure a steady income..

Owning investment properties can be a scary business from a financial perspective. What is the trick to never, ever sitting with a vacant property? What if a tenant absconds? How do you keep a happy tenant? How do you get paid on time?

Well here are some of my tried-and-tested tenant tips....

>> Hunters, The Estate Agents – Open in Amanzimtoti

Just over two years old, Hunters The Estate Agents, a revolutionary concept in real estate, have established themselves as Market Leaders in the areas they operate….. and are expanding…..fast. The concept has won plaudits from a wide spectrum of Industry Professionals and consumers as Hunters actually PAY their agents a basic salary (as well as endowing them with a range of blue chip benefits....car and phone allowances, medical and, and treat them as corporate employees who are driven for excellence and professionalism within a rigid and highly dynamic office structure. Hunters are open 7 days a week (from 8am-7pm Monday to Friday). The result is a professional and quality controlled service where Staff are required to achieve monthly targets, and are managed to maximise their productivity and efficiency...

>> Focus on Soweto, Gauteng, South Africa
Dr Nthato Motlana and former president Nelson Mandela at the opening ceremony of Maponya Mall in Soweto a R600m development by Richard Maponya, one of Soweto’s oldest entrepreneurs. Picture: AP

THE construction cranes towering and the cacophony of concrete churning and trucks and cherry pickers rumbling are the sights and sounds of a business boom in SA’s most famous township.

Black South Africans are reaping the benefits of a growing economy, and at the heart of it all is Soweto, the sprawling township in the southwest of Johannesburg that was at the centre of the anti-apartheid struggle.

Historically (Soweto) has been the leader in our national movement toward freedom ...

>> View Properties in Soweto
>> View Properties in Gauteng

>> Property of the week

Gauteng, Soweto, Pimville Zone 7

Bedrooms: 5
Bathrooms: 1
Garages: 2

Search for property in your area

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