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Tuesday Jun 28, 2016

Folly of housing poor in high-rise sectional title schemes

A Durban High Court judge has joined the chorus of criticism against the government for housing poor people in sectional title schemes which they cannot afford.

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R2bn land claims deal gives green light to Alex redevelopment

A historic R2 billion land claims agreement has been reached between Alexandra property owners, the City of Joburg and the Gauteng Department of Human Settlements.

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Monday Jun 27, 2016

14.5% drop in home-loans

SARB new mortgage lending data showed a significant year-on-year drop in the first quarter of 2016.

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'How to sell your property in a slow market'

Even in a hot sellers' market, agents say, about 20 percent of the homes they list don't sell right away - and in a cooler market there are usually quite a number that they don't expect to sell even within a few months.

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Tougher economic conditions see property slowdown

Property statistics for May from mortgage originator, ooba, reveal a marked slowdown in house price growth, with the year- on- year change in the average purchase price showing negative nominal growth.

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History of Cape Town's unfinished freeways

The tantalising vision of their colonial backwater transformed into a marvel of metropolitan symmetry greeted readers of the Cape Argus in September 1912.

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Row over 6m-high wall around retirement centre

It is said that good fences make good neighbours but this is not proving true for residents near a new retirement village in Olympus.

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Bo-Kaap residents fight approved high-rise

Angry Bo-Kaap residents haven't given up the fight against a new 19-storey building approved for the area, and are considering appealing the decision by City of Cape Town's Municipal Planning Tribunal.

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Friday Jun 24, 2016

'Don't be too hasty to alter your property'

It isn't a good idea to make extensive changes without first checking to see that you will not be over-capitalising your property, says Berry Everitt of the Chas Everitt property group.

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Knysna Mosque still in a legal wrangle

The Muslim community in Knysna is waiting anxiously on how the court responds to a legal challenge from 22 Rawson Street homeowners to the building of a mosque in the street.

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