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Monday Oct 08, 2012

Newtown potato sheds to be transformed by R1.3 billion property makeover

Long-derelict potato sheds in Newtown, Johannesburg are being redeveloped into a mixed-used development comprising a shopping centre,offices,hotel,gym, and four levels of basement parking.

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Objections could lead to demolition of properties

Whether you are erecting a new building, making additions or changing the original plan of a house, you may be tempted to think you don't have to abide by municipal rules, says Lanice Steward, managing director of Knight Frank Anne Porter.

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Properties selling quicker, FNB survey finds

There has been a mild improvement in the residential property market, with the average time a property remains on the market before being sold improving to an estimated 15 weeks and six days in the third quarter from 17 weeks and four days in the previous quarter, according to the latest FNB estate agent survey.

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Painting Joburg one wall at a time

Five mural artists from around the world, including Cape Town graffiti pioneer Falko, recently collaborated on a month-long project to brighten up parts of Joburg.

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Botox for commercial properties boosts business

The location of a commercial property is always of key importance, but its appearance also plays a significant role in attracting and retaining tenants due to the perceived desirability of the venue.

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'Landlords need to be flexible' about tenant needs

After two years of fairly flat trade in Cape Town's city bowl rentals, Seeff rental agent Elzunia Singer, says demand this year has been buoyant, but landlords need to heed the advice of specialists on what is in demand and at what price.

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Demand for gated estates pushes value to R800bn

Secure gated estates account for more than a quarter of the value of SA's total residential property market, says Jeff Gilmour, president of the Association of Residential Communities (ARC).

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Joburg joining world trend for cycle-friendly cities

Cities across the world are becoming bicycle friendly, with London's mayor Boris Johnson riding to work. Now Joburg is joining the trend with some 50km of cycling lanes being planned across the city.

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