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Monday Aug 29, 2016

Over-supply subdues Joburg's rental market

In some Joburg suburbs ongoing property development is dampening the rental market as supply begins to exceed demand.

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Friday Aug 26, 2016

Property development to change heart of Hatfield

Property developers Respublica have unveiled the first complete images of what the R800 million mixed-use Hatfield Square student village will look like when it opens in January next year.

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Thursday Aug 25, 2016

Walkability now a major trend

Walkability - or the ability to get around without a car - is the current "big thing" in residential real estate, and can substantially increase property values in areas that offer residents shops, restaurants, schools, parks and public transport within comfortable walking distance of their homes.

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Wednesday Aug 24, 2016

Liability for levies when units are sold

When a sectional title unit is sold, the pro rata ordinary or general levies for the period remaining of the current financial year automatically becomes the responsibility of the new owner, according to the Sectional Titles Act.

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Tuesday Aug 23, 2016

'Don't let rate hikes slice into your sale profits'

Municipal rates and service charges have just gone up again in cities and towns all around the country and that will mean higher running costs for homeowners, and higher holding costs for home sellers.

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Monday Aug 22, 2016

Property prices don't always go up

"Our estimate is that 12 percent of sales took place at prices up to 50 percent below original purchase price."

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'Don't set property price with only foreign buyers in mind'

According to data from PropStats, foreign buyers don't make up as large a proportion of buyers on Cape Town's Atlantic seaboard as many suspect.

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Tuesday Aug 16, 2016

Homeowners' association objects to hospital rezoning

The proposed development of a hospital in Pietermaritzburg's upmarket Victoria Country Club estate may be delayed because of rezoning issues.

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How to handle a defaulting tenant

"Some landlords may find themselves in the situation where their tenant is no longer able to pay their monthly rent; however landlords cannot simply evict the tenant as they are protected by the Prevention of Illegal Eviction from Unlawful Occupation of Land Act, No. 19 of 1998, also known as the PIE Act,” says Adrian Goslett of RE/MAX.

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Friday Aug 12, 2016

Tips for tenants

There are often many rules and regulations to consider when you are a tenant, and there may be some that you don't even realise can affect you.

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