Weekly Property News
02 December 2011
FROM THE EDITOR

Dear Reader

Welcome to the last edition of the CyberProp newsletter for 2011! I would like this opportunity to wish all our readers a very merry Christmas and a happy 2012.

Headlines: The City of Johannesburg’s new town planning scheme is unworkable, will have significant negative effects on the property industry and has ignored virtually all input from SA’s property professionals. This is according to the South African Property Owners Association (SAPOA), the voice of commercial property in SA. SAPOA also points to a number of alarming bombshells buried in its fine print. Read more in New town planning scheme spells chaos

Market News: A glum picture for house prices seems to be the case in 2012, reinforced by Absa Home Loans' house price indices released on Thursday, which recorded a slowdown in price growth. Absa's report indicated that house price growth was on the decline as a result of rising headline consumer price inflation, currently at 6% year on year (y/y). Read more in Dim picture for 2012 house prices

Enjoy!
The editor

In This Issue

Mpumalanga, Hazyview
Golf Estate :
4 bedroom property located on the secure 4 star Kruger Park Lodge Golf Resort in Hazyview, 12 km from the Phabeni gate of the Kruger National Park..


CyberProp Property Count: 09/12/2011

Search Now

Properties for Sale: 143,317
Properties to Rent: 10,796


Local News

From Berry Everitt, Chas Everitt International Property Group

This year has been quite a rollercoaster ride. In contrast to the uniform gloom of 2009 and 2010, the real estate industry has had to deal with big – and rapid – highs and lows this year that have left us all somewhat breathless and definitely ready for a holiday...


House prices hit the brakes

House price growth appears to be slowing down again according to the latest trends in the Absa house price indices for small, medium-sized and large homes in the middle segment of the South African housing market for which the bank received and approved applications for mortgage finance...


Dim picture for 2012 house prices

A glum picture for house prices seems to be the case in 2012, reinforced by Absa Home Loans' house price indices released on Thursday, which recorded a slowdown in price growth...


SA property value still excites expats

South Africa is among the top 20 most popular destinations in the world for expatriates, and one of the main reasons is because SA real estate still offers really excellent value for money, despite sharp house price declines in other countries over the past few years...


Mixed market the 'chance of a lifetime' for young buyers

Young working people in Port Elizabeth should be doing their utmost now to save for a deposit and buy a home of their own before the market turns against them...


Commercial property will lead the market recovery

Although most residential property market analysts are predicting flat line growth for the next one or two years, there are already signs that in the commercial sector’s recovery is underway, says Jason Lee, Head of Rawson Properties’ new Commercial Franchise Division...


How to crack a hot sale this summer

Sunshine and a pretty garden are great sales aids, but you’ll need more than that to wow potential buyers in the summer holiday season – most of whom would probably rather be relaxing with a long cool drink than tramping around in the heat looking at homes for sale...


Make sure your home's a real heaven

Most of us think of home as the safest place to be - especially if we’ve already “child-proofed” our cupboards and electrical outlets and fenced or covered our pools...


Expert staging tips to give your home the x-factor

If buying a home is all about location, selling one in the current uncertain market has a great deal to do with presentation – or “staging” as it is known in the real estate business...


World's priciest streets

“The most expensive address in the world is not in London, Paris, or New York, as might be expected, but in Hong Kong,” says luxury home marketer Ronald Ennik, CEO of Ennik Estates (an affiliate of Christie’s International Real Estate)...


New town planning scheme spells chaos

The City of Johannesburg’s new town planning scheme is unworkable, will have significant negative effects on the property industry and has ignored virtually all input from SA’s property professionals...


South Africans pack for Hermanus instead of Perth

Hermanus in the Western Cape is replacing Australia in the affections of many South Africans who want a slower and more secure lifestyle...


Special release of vacant stands in Plettenberg Bay

Chas Everitt International Property Plettenberg Bay has been mandated by the Belgian developers of the renowned Whale Rock developments in Plettenberg Bay to market a number of stands at extremely attractive prices...


The Mirage set to become a reality as building work starts

The credit crunch of the past few years has put the brakes on many property developments in SA and around the world - but not on The Mirage, a 17-storey mixed-use project in Cape Town’s upmarket De Waterkant area, where the developers have just broken ground to begin construction...


International Health Insurance News: Hout Bay 'is popular South African area'

Expatriate health insurance policyholders may wish to invest in residential real estate in South Africa. Sue McDermott, co-founder of property search and relocation firm Spacesa.com, noted the coastal region of Hout Bay is "always consistently popular"...


Business 'unhappy' at cost of going green

The voice of the private sector is set to grow louder at the climate-change talks in Durban over the coming week, after one business observer said the private sector is dissatisfied with how the talks are going...


Don't complain when going green

Landlords who invest in green buildings might be able to lure a higher calibre of tenant – and should have a far higher occupancy level than landlords selling space in non-green buildings due to costs savings tenants can derive from renting green buildings, said Org Geldenhuys, managing director of property development and marketing company, Abacus Divisions...

Focus On

South Africa, Mpumalanga, Hazyview

In the heart of the Lowveld, a a few kilometres outside the Kruger Nationl Park and close to scenic wonders like God's Window and Blyde River Canyon, Hazyview is perfectly positioned for exploring this enchanting region...

>> Properties in Hazyview
>> Properties in Mpumalanga


Search For Properties

1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Search for property in your area

Enter City/Suburb:

In the Area

The areas we are going to take a closer look at this week are;

  • Muizenburg
  • Muldersdrift
  • Mokopane
In the area 1 - Muizenburg

Considered as the birthplace of surfing in South Africa, Muizenberg attracts many holiday-makers and property investors to its shores during the holiday season...


In the area 2 - Muldersdrift

Muldersdrift, traditionally a quiet agricultural area characterised by smallholders keeping a few horses, sheep and chickens, has become the new housing hotspot on the West Rand...


In the area 3 - Mokopane

Renewed activity at platinum mines near Mokopane has boosted the town's economy - and prompted a sharp rise in residential rentals over the past year...


To the editor

In answer to last week’s letter to the editor we received the following response;

Dangers of using unlicensed estate agents

As it happens we have fallen prey to a thieving agent, Marita Grobbler of Wellish Properties. She advertised a property to rent in Niona Park, Pretoria North to which we responded.

Being impressed with the property and price and having done a search of Wellish properties, found on a Google search and in Cyber Prop we paid our deposit and contract fee electronically. The occupation date was for 01 December 2011 with a 3 year term.

The lease agreement was signed on the 15th November and returned to Marita Grobbler. We received a signed copy, by the Owner, Riaan Prinsloo, and proceeded to make arrangements for the move, i.e. measured for curtains etc.

When we arrived at our 'new residence' yesterday we were met with confusion and an occupied house. This Marita Grobbler is now unreachable and has not had the audacity to contact us or return our money.

Response:

This is very unfortunate – especially for the trusting ,unsuspecting person and I can only hope the culprit is brought to book,

If you don’t personally know the agent – perhaps you should rather consider a reputable agency or franchise – where you have guaranteed recourse – especially if the offer is enticing or sounds too good to be true.

Such advice in hindsight is always a bitter pill to swallow – especially when you are the better person. Unfortunately it seems – desperate people do desperate things, especially in these times.

I really feel for you guys and feel terrible this has taken place in our industry

Take care
Colin
Chas Everitt International Property Group - East London

Share your comments with us by sending it to news@cyberprop.com


Local news continue

Looking for properties on the internet

Estate agents are concerned that potential property buyers are now spending hours surfing the internet in search of property – without achieving satisfactory results. All too often they go to work with no focussed plan or clear goal, says John Birkett, a Rawson Properties agent who specialises in sectional title sales in the Cape Peninsula’s “academic belt”, Rondebosch, Newlands, Rosebank and Mowbray...


Take the pledge against plastic waste

One of the easiest and most effective things homeowners can do to reduce their carbon footprint is to stop using plastic bags and bottles whenever possible, and take deliberate steps to see that those they do use are recycled...

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