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Tuesday May 03, 2016

'Moderation in property prices'

Property statistics from ooba for the first quarter of this year point to a slowing growth rate in house prices.

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Property prices 3x higher in residential estates

The average price of a property in a residential estate was R2 million, almost three times the national average cost of a property of R700 000, according to Lightstone.

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'Developers not to blame' for over-supply of malls

Retail cannibalisation is a growing reality in South Africa and, until now, it has been all too easy to place the blame for this squarely at the feet of shopping centre developers.

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Trucks cause chaos in Durban

Durban residents are fighting back against trucks taking over their quiet suburban roads.

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Malls 'secure places to socialise'

They may be cash-strapped, but for consumers in Gauteng shopping malls like the new Mall of Africa offer "new spaces of urban sociality", largely because of their tight security.

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Another BRT setback for Tshwane

None of the bus stations for the state-of the-art A Re Yeng, the City of Tshwane's bus rapid transit system, should have been built in their current locations.

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Friday Apr 29, 2016

'Low levies in Sectional Title schemes not always a good thing'

When buyers are looking to purchase a unit in a sectional title scheme, one of the first questions they will ask is, "What will the levy payment be each month?"

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'Sectional Title owners must stick to the rules when renovating'

Problems often arise when an owner of a sectional title unit plans to make changes his property without following the correct procedures.

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Long wait for new homes in Saulsville

Nancy Raletsemo has been living in a dilapidated, smelly Saulsville hostel looking out on the modern family units which are yet to be occupied several years after their completion - a painful reminder of what she and other families are being denied.

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Thursday Apr 28, 2016

Mall of Africa adds to glut in retail space

When Attacq snips the ribbon on its Mall of Africa in Johannesburg today, it will add to an oversupply of retail space that threatens to topple the best returns among the country's real estate investment trusts.

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