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Wednesday Jul 08, 2015

Property market 'still struggling'

Trends in and prospects for the economy and the consumer sector did not bode well for the property market and house price growth in the second half of this year, Absa Home Loans property analyst Jacques du Toit said yesterday.

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Cape properties outperform rest of country

House prices in the Western Cape are increasing at a faster rate than the four major South African provinces despite average house prices in the province also being the most expensive in the country.

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Pretoria landmark sale may reinvigorate CBD

One of Pretoria city centre's key landmarks, the iconic Telkom precinct, is set to make way for residential accommodation, retail space or even another government department.

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Cape Town gets tough on cycle lane abusers

Cars parked illegally in the City of Cape Town's dedicated green cycle lanes will be towed away "as a matter of urgency", as part of the city's zero tolerance enforcement of its cycle routes.

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Landlords and deposits

While researching the rights and obligations of tenants and landlords in England, the matter of a tenant's deposit and how it is protected, came up quite often.

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Tuesday Jul 07, 2015

Controversial Clifton development to be closely monitored

Following "extensive" discussions with property owners affected by controversial plans to redevelop prime Clifton land, the City of Cape Town has agreed that "strong development parameters" must be part of the tender process.

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Project to harness Joburg water for electricity supply

A new project will see electricity harnessed from water flowing through Joburg's pipes to avoid load shedding.

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Cape Town gives circus school notice

The City of Cape Town has given a circus school in Observatory until the end of the month to vacate the property so it can develop a multi-use field as part of the "enhancement" of Hartleyvale.

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Innovative pupils design eco-smart RDP houses

Two high school girls have come up with innovative ways to make RDP houses more environmentally friendly and energy efficient.

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Property developers shoulder infrastructure planning in SA

Infrasctructure planning has become an inextricable part of property investment, development and management in South Africa, says Marna van der Walt, chief of integrated property solutions provider, Excellerate Property Services.

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