Monday, 30 October 2017 21:16

Levies need to be set at the correct level

In some sectional title schemes, trustees might think keeping the levies as low as possible would be beneficial to the owners, but this is sometimes incorrect.

Third quarter statistics (Q3 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth of 3.3% on Q3 2016 in the average House Purchase Price.

It has been common practice for municipalities to sell vacant properties for both commercial and residential development, subject to a title deed condition that the property must be improved within a certain period or the properties would revert back to the municipality. 

A “lack of vigour” may be the best way to describe current performance across the full spectrum of property in South Africa.

Emira Property Fund’s value-enhancing conversion of its Rosebank office property assets formerly occupied by Sasol into a contemporary residential apartment development.

Thursday, 26 October 2017 14:13

Buying a tenanted property

What happens if you find your ideal home, but the current owner has leased the property?

The 3rd Quarter 2017 FNB Estate Agent Survey continued to point strength in levels of those sellers believed to be selling homes in order to downscale due to “life stage”.

Perceptions about the property market improved in the third quarter.

Building activity in the South African market for new private sector-financed housing remained under pressure in both the planning and construction phases in the first eight months of 2017, based on data released by Statistics South Africa.  

Rabie Property Group scooped the 300th green building certification at the Green Building Council of South Africa at the organisation’s recent 10th annual convention at Century City.

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