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Monday Jan 25, 2010

How World Cup property predicictions are panning out

Five years ago property experts predicted that the housing market would flourish, and prices would soar, with increases of up to 50 percent in 2010.

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Cape Town tops desirable list

If status is important to you and money is no object, then the finest possible place to live is Cape Town - Steenberg golf estate, to be precise.

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Just 'petty cash' as foreigner snaps up baroness's property

A British businessman bought the Constantia home and the adjacent stand belonging to the infamous Baroness Alexander von Maltzahn for R17 million and other bidders spent about R1m on everything from jewels to Gucci bags at a Cape Town auction yesterday.

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'Wind is cheapest' - Mainstream boss

The head of an Irish renewable energy company planning to invest e850 million (R9.1 billion) in wind farms in South Africa has taken on Eskom executives for saying that renewable energy is expensive.

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Blue Flag Status: what does it mean?

Blue Flag Status is awarded to beaches that excel in the fields of safety, cleanliness, provision of amenities and maintenance of environmental standards.

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Market has adapted to tough times

The past year saw property sales fall off by at least 50 percent, an extreme scarcity of bank loans and a marginal fall-off in prices, which made trading conditions extremely tough and left agencies competing in a market that halved overnight, Dr Andrew Golding, CE of the Pam Golding Property (PGP), told journalists at a media event last year.

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KwaZulu-Natal plan logjam hits developers

Some property developers face liquidation because the KZN Surveyor-General, whose office processes property plans, is sitting on almost R3 billion of work as a result of labour go-slows.

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