Parliament busy redrafting property rental bill

The Parliamentary portfolio committee on human settlements has decided to redraft the proposed Rental Housing Amendment Bill, committee chairwoman Nomhle Dambuza said on Wednesday.

Posted at 08:40AM Jan 27, 2012 by Editor in Residential  |  Comments[5]

Pretoria residential estate surprised at property title win

The lush, well-manicured golf course, tight security and relaxed estate life at Pretoria's Woodhill Residential Estate and Country Club are what earned it the coveted "Green Jacket" title in a recent survey for the country's top golf estate.

Posted at 08:48AM Jan 24, 2012 by Editor in Residential  |  Comments[0]

Deciding between the 3 types of retirement properties

When it comes to retirement, perhaps one of the most important decisions that investors will have to make aside from the type of retirement property they buy, will be the type of sale transaction they choose when purchasing that property, says Adrian Goslett, of RE/MAX.

Posted at 08:11AM Jan 20, 2012 by Editor in Residential  |  Comments[0]

Cape Town rental market still performing well, say estate agents

The market for rental properties in the Western Cape metro area cont i nues to exceed expectations, according to Pam Golding Properties.

Posted at 07:40AM Jan 16, 2012 by Editor in Residential  |  Comments[0]

House prices down 14% from 2007

The average price of a mid-segment house was almost 14 percent lower in November last year than it was in August 2007, according to Absa's latest property price indices released on Thursday.

Posted at 08:31AM Jan 13, 2012 by Editor in Residential  |  Comments[5]

Stricter rules for pool owners could be on cards

The rules governing swimming pools could become a lot stricter across SA if proposed legislation for Joburg is introduced around the country.

Posted at 08:47AM Jan 12, 2012 by Editor in Residential  |  Comments[24]

'Why not let that extra space?'

Difficulty in obtaining home loans, distressed selling and a lack of new development have combined, over the past two years, to create a shortage of rental property in many parts of the country.

Posted at 08:30AM Jan 06, 2012 by Editor in Residential  |  Comments[3]

Festive Clifton luxury property at R80 000 ... a day

For most holidaymakers, Cape Town accommodation is pricey at best, but when the rich and famous flock to the city they can afford to rent a luxury villa in Clifton for about R80 000 a day.

Posted at 09:30AM Dec 21, 2011 by Editor in Residential  |  Comments[2]

Debt service ratios still too high for residential recovery

A calculation by John Loos, the household sector strategist at FNB, shows why the residential property market is going nowhere.

Posted at 09:16AM Dec 13, 2011 by Editor in Residential  |  Comments[3]

Know your rights if retirement village offers you life right instead of sectional title

Because of huge demand, retirement villages are mushrooming.

However, according to specialist sectional title attorney and director at BBM Attorneys, Marina Constas, buyers need to investigate all the options.

Posted at 08:12AM Dec 13, 2011 by Editor in Residential  |  Comments[1]