Thursday, 14 December 2017 15:26

A great year for buyers and investors

Negativity seems to have become the fashion in SA’s real estate industry over the past few months, but while there will be challenges, the property market is not going to “fall off a cliff” in 2018, says Berry Everitt, CEO of the Chas Everitt International property group.

With people today living longer and opting for a more active lifestyle, when planning for their future retirement many have no desire to spend their latter years in a typical old age home but prefer a far more independent and active lifestyle – all within a secure location and with medical facilities readily available.

Thursday, 14 December 2017 11:40

FWJK to bring co-development to Menlyn

National property developer FWJK has secured land in Menlyn to develop a new 85 000m² sectional title mixed use building consisting of ground and first floor retail, a 450 learner creche, multi-tenant sectional title office suites, residential apartments and luxury penthouse suites, according to Rhys Rocke, regional director of FWJK.

Friday, 08 December 2017 12:29

What to expect in the housing market in 2018

With much still riding on the outcome of the ANC elective conference later this month (16-20 December 2017) which, coupled with the Budget Speech in February next year (2018), will impact on business and consumer confidence and market sentiment in general.

Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.

Asrin Property Developers have broken ground and construction has begun at their 98 unit Cedar Place development in Grassy Park, with handovers expected to begin on 31 October 2018. 

As the only South African city with a thriving CBD, Cape Town’s adjacent City Bowl uniquely offers the perfect synergy of urban accessibility and suburban lifestyle, which makes it especially appealing to millennials (under 35’s) who accounted for 42% and 25% of recent buyers in Vredehoek and Gardens respectively.

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.

When times are tough and consumer budgets are under pressure we hear a lot about mortgage defaults and home repossessions, but failing to pay your home loan instalments is actually only one of several ways you can cause your home to be attached and auctioned off?

The 2016 World Alzheimer Report, released by Alzheimer Disease International highlighted the fact that people living with dementia typically have poor access to appropriate healthcare.

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