Archives

Stamp Duties Abolished - 25 March 2007
Stamp duties on leases of less than five years will be abolished from 1 June 2007.
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Durbanville Development 16 April 2007
Construction is underway at "Avanti", a twin-towered contemporary retail and office development located at the gateway to the fast-growing Tyger Falls precinct in Durbanville.
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Sellers Remorse
Whether you are involved in the property industry or not, the article below will be of great interest to you.
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Ct V&a: Quayside Units Sold Out -- 28 May 2007
The southern V & A entrance area precinct has become increasingly popular with the last five years seeing many attractive, well-designed buildings being erected. In the last fortnight no less than 23 apartments have been sold at the Quayside development, this means all the residential units in the complex have now been sold.
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Africa's Role in SA Property -- 18 July 2007
At Sapoa's recent annual convention, the question that came to the fore was how Africa fits into the equation when it comes to selling South African listed property internationally, taking into account that local listed property companies are desperately seeking to grow their asset bases. By Kara Michaels
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Bridging finance regulated-- 23 May 2007
SouthAfrica has seen phenomenal growth in the bridging finance industry, which has dictated that the presence of a regulatory body is imperative. As such, The Bridging Finance Association of South Africa (BFASA) was established earlier this year to address this need.
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Pace of house price growth slowed further in July -- 13 Aug 2007
Based on the latest Absa House Price Index, house price growth in the middle segment of the market (see explanatory notes) was a nominal 14,5% year-onyear in July 2007 (15% in June), which caused the average price of a house to increase to about R932 100. Average nominal house price growth of 15,4% was recorded between January and July compared with the same period last year. Real year-on-year growth in house prices of 7,5% was registered in June compared with a growth rate of 7,9% in May, based on the headline consumer price index. In the first six months of 2007, real growth in house prices averaged 8,5%
year-on-year.
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Developers to bend the knee to middle and low income buyers -- 13 Sept 2007
JOHANNESBURG (September 07) - Low to middle income home buyers often ignored by developers in the mid 2000s boom period in terms of their housing needs are about to be given a fair hearing.
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International company finance affordable housing in SA -- 13 Sept 2007
International Housing Solutions (IHS), an international joint venture between MuniMae of the US and top Irish property group Howard Eurocape, has launched its operations on the African continent for the first time, opening its head office for Africa in Rosebank, Johannesburg, in January.
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Huge asset growth for homeowners -- 13 Sept 2007
Equity holdings for South African home owners has quadrupled to R3,2- trillion in less than a decade, signalling the extent to which people who elect against purchasing their properties were forfeiting asset growth, Trafalgar Property Group MD Andrew Schaefer said.
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SAPOA Organises -- 13 Sept 2007
Commercial property association Sapoa has formed a committee to strengthen ties with the provincial authorities."Part of our mandate from the property industry is to ensure Sapoa maintains good relations with government at all levels," says Sapoa CEO Neil Gopal. "The developer's committee is an effective way to achieve that goal at the local level. We will be dealing with issues relating to rezoning delays, developer and local authority responsibilities, power outages, infrastructure and transport."
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Increase in house prices at lowest in seven years -- 13 Sept 2007
The month-on-month increase in house prices slumped last month to its lowest level in more than seven years, according to the latest Absa house price index released yesterday. Excluding the effect of inflation, house prices declined by 0.1 percent in June, although house prices remained static in real terms since March.
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MPC Rate Decision -- 18 Oct 2007
Surprise as repo rate is hiked by 50 bps to 10,50% The South African Reserve Bank’s Monetary Policy Committee (MPC) raised the repo rate for the third consecutive meeting, when it announced that the repo rate will be hiked by 50 basis points to 10,50% on Friday, 12 October. Commercial banks are expected to hike the prime lending rate to 14% from 13,5% previously.
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Downward Trend in House Prices continues -- 18 Oct 2007
According to the latest Absa House Price Index, the average price of middle-segment housing (see explanatory notes) increased by a nominal 14,2% year-on-year to R950 000 in September 2007 (14,8% in August). In the first nine months of the year, nominal house price growth averaged 15,3% compared with the same period last year. Real year-on-year growth in house prices of 7,6% was registered in August, unchanged from July. In the first eight months of 2007, real growth in house prices averaged 8,3% year-on-year.
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Interest rates and property -- 18 Oct 2007
The Reserve Bank’s Monetary Policy Committee (MPC) announced a hike of 50 basis points in the repo rate to 10,5%, prompting banks to raise their prime and mortgage rates to 14%. Interest rates have been hiked by a total of 350 basis points since mid-2006
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Property Talk -- October 2007
This month-on-month issue are packed with real important discussions of the Property Industry in South Africa as well as the influance of the International markets.
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Newsletter Issue - 2 - November 2007
In this second issue of the SANPROPS newsletter we discussed - The latest trends in the property industry, UCT Scheme Mangement, Real Estate Red Alert and some food for thought. Be sure to read your your copy today...
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Newsletter Issue - 3 - November 2007
In this third issue of the SANPROPS newsletter we discussed - The latest econo trends in the property industry. Be sure to read your your copy today...
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Newsletter Issue - 6 - January 2008
In this issue of the SANPROPS newsletter we discussed the latest trends in the property industry. Be sure to read your your copy today...
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Newsletter Issue - 5 -November 2007
In this issue of the SANPROPS newsletter we discussed new trends in the property industry. Be sure to read your your copy today...
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Newsletter Issue - 4 -November 2007
In this forth issue of the SANPROPS newsletter we discussed new ideas in the property industry. Be sure to read your your copy today...
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Newsletter Issue - 7 - February 2008
In this issue of the SANPROPS newsletter we look at the latest property figures. Be sure to read your your copy today...
Read the Seventh Issue