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Friday Mar 30, 2012

John Loos shares views on property prospects

Since holding a networking breakfast some three weeks ago, Dianne Brock, manager of the Western Cape Institute of Estate Agents of South Africa (IEASA), has received numerous requests to summarise the residential property update given by John Loos, the FNB economist, at the breakfast.

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'Field still not level for first-time buyers'

The fact that there is no transfer duty payable on newly-built homes bought directly from a developer or a builder is no longer the "big plus" that it used to be for first-time buyers short of cash.

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Court ruling paves way for Natal Command property development

Movie maker Anant Singh's controversial film studio plan for the prime Natal Command site on Durban's beachfront was back on the cards yesterday after a ruling by the Supreme Court of Appeal.

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Many eThwekwini property owners lose free water quota

eThekwini residents, already looking at a water tariff increase of 12.5 percent, have now been blindsided by the loss of the free nine kilolitres of water they used to enjoy.

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'Not all properties overvalued'

Another high profile Cape estate agency CEO, Anton du Plessis of Vineyard Estates, has now commented on the much discussed Erwin Rode statement about the 25% overvaluing of SA residential property.

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Thursday Mar 29, 2012

Midrand gets R25bn property boost with unveiling of Waterfall Estate

The Atterbury Property Group has launched a mixed-use commercial development in Midrand that is expected to be valued at R25 billion in its roll-out over the next 14 years.

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'Don't let your tenants rob you of a sale'

With property prices starting to head in the right direction again, and demand on the increase too, many homeowners who have been letting their properties out of necessity are now contemplating selling.

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'Embrace the property transfer process'

Are you unhappy about how long it takes to transfer your new home into your name? Have you been inconvenienced by transfer delays which meant you had to carry on renting in your old home?

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SAPS, Stats SA 'are to blame for lockout'

The government entities that have been locked out from a central Johannesburg building have only themselves to blame for the non-payment of rent, according to the Department of Public Works.

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Wednesday Mar 28, 2012

Government shelves tolling in Cape

The government has shelved plans to toll highways in the Western Cape following massive public opposition to the imposition of electronic tolls to finance the Gauteng Freeway Improvement Project.

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