Banks more stingy with 100% homeloans

A sharp drop in the number of 100% home loans granted in August compared with June and July indicates that the banks, concerned about the still-high levels of household debt, are once more tightening up on credit qualification requirements for prospective homebuyers.

Posted at 09:47AM Aug 31, 2012 by Editor in Home Loans  |  Comments[4]

Joburg paid parking hits snag as politicians get in on the act

The rollout of paid parking meters in six greater Joburg areas appears to have been put on hold, with politicians now having taken over the controversial matter following a huge outcry by residents and businesses.

Posted at 08:25AM Aug 31, 2012 by Editor in Cities and Towns  |  Comments[6]

Western Cape attracts more property buyers

The Western Cape is the most attractive province to home owners buying property to relocate, the FNB home loans property barometer revealed on Wednesday.

Posted at 08:23AM Aug 31, 2012 by Editor in Residential  |  Comments[8]

Expert encourages Durban's billing system

The eThekwini Municipality should continue with the controversial multimillion-rand Revenue Management System (RMS), despite a number of red-flags in a report tabled before executive committee members by an IT specialist.

Posted at 08:05AM Aug 31, 2012 by Editor in Cities and Towns  |  Comments[1]

Tshwane set sights on smart city tag by 2055

By the year 2055 Tshwane should be a city where the use of smart technology will be at the centre of service delivery as the city boasts many research and innovation institutions.

Posted at 07:03AM Aug 31, 2012 by Editor in Cities and Towns  |  Comments[1]

Huge price for Camps Bay property set to shatter records, if achieved

A Camps Bay mansion, described as the "world's most glamorous" property, is for sale at R300 million, the highest ever asked in the country.

Posted at 07:27AM Aug 30, 2012 by Editor in Market  |  Comments[24]

Durban property owners outraged over proposed land alienation

Several Durban residents stand to lose their homes and businesses as the city is preparing to expropriate their land for its ambitious R25-billion public transport system.

Posted at 07:25AM Aug 30, 2012 by Editor in Cities and Towns  |  Comments[10]

Where the super-rich live in SA

If you are the richest of SA's rich, Sandhurst is where you choose to live. Anew study shows there are 36 multimillionaires, with a worth of more than R240 million, living in the suburb.

Posted at 07:22AM Aug 30, 2012 by Editor in Cities and Towns  |  Comments[2]

Court forces Joburg council to fix billing mess

A property owner is so fed up with years of fruitless attempts to rectify faulty property rates and tax accounts with the Johannesburg Metro Council that he has turned to the Pretoria High Court.

Posted at 07:20AM Aug 30, 2012 by Editor in Cities and Towns  |  Comments[11]

Cape Town hauls property transgressors to court

Cape Town property owners who renovate their homes without securing permission are being hauled before the city's municipal courts and ordered to fork out thousands of rands in fines.

Posted at 07:07AM Aug 30, 2012 by Editor in Market  |  Comments[7]