Investing in Africa - SAPOA Conference tackles issues

Property opportunities in Africa are hot topics for the local industry and these are one of the issues to be tackled at the 44th annual SAPOA International Property Convention & Exhibition on 30-31 May 2012 at the Durban International Convention Centre. 25 May 2012 07:11

Repo rate needs to remain steady to boost confidence

In anticipating that the Reserve Bank would keep the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property group stated, "Inflationary pressures are noted and, while recent reports of reduced consumer indebtedness are positive, South Africans, including homeowners, are faced with ongoing fuel and utilities price hikes, as well as increases in property rates." 25 May 2012 06:45

Refurbishments at Jewel City completed

Phase two refurbishments to Jewel City, a high-security district in the eastern part of the Johannesburg CBD, were completed with the addition of 137 dedicated visitor parking bays adjacent to the visitor sign-on station. Jewel City is home to about 300 diamond dealers, jewellers, diamond laboratories and industry schools and the base for the SA Diamond Regulator and State Trader. 24 May 2012 15:09

Renovating a bargain might be expensive - AIDA

Home alteration is a necessity for many property owners these days as they add offices, surgeries and studios for home-based businesses, or convert space to accommodate expanding families or ageing parents. Many homebuyers and investors are also deliberately seeking out run-down properties that they can buy relatively cheaply but need renovations or improvements to make them liveable or saleable. 23 May 2012 10:01

Zuma receives board's report on Cele

President Jacob Zuma has received a report from the Board of Inquiry appointed to investigate alleged misconduct by suspended National Police Commissioner General Bheki Cele. 22 May 2012 12:32

Economic growth stimulates property market in Delmas

Infrastructure development in and around Delmas is boosting economic activity in this Mpumalanga town and has led to a shortage of residential rental accommodation. Rental units are in high demand among construction workers and professional contractors at the Kusile power station and a new cement factory, says Koos Pretorius, who has recently opened a new RealNet franchise in Delmas. 22 May 2012 11:41

Sectional title properties in demand

Sectional title properties remain popular in Gauteng because of the many advantages this form of property ownership offers. This is the view of John Herbst, national sales executive, Pam Golding Properties, who points out that the sale of sectional title properties make up a substantial 28% of all units sold in Johannesburg. 22 May 2012 11:34