29 May 2012

Property & Real Estate

 



Someone's not getting the point

According to the Government Communication and Information System (GCIS), the SA government was "appalled and disappointed" that e.tv censored visuals showing Advocate Gcina Malindi breaking down in tears during the South Gauteng High Court proceedings relating to "The Spear" portrait. In its turn, eNews expressed its "grave concern" that GCIS would accuse the channel of bias and selective reporting.

Many people might agree that as filming court proceedings is not a given, and that as access is granted subject to certain restrictions, it makes perfect sense to not broadcast such potentially problematical clips until there is clarity from the judges. To go ahead when there is doubt as to whether permission will be granted or not is to jeopardise the filming of court proceedings in the future.

This should get the tongues wagging... Bobby Godsell says SA needs a UK-style high pay panel to check into executive pay - which he reckons is excessive and lacks transparency.

Blade to cut a swath through EC colleges? As we all know, education in the Eastern Cape, well... say no more. Hence, it's no surprise that Minister of Higher Education and Training Blade Nzimande has appointed a team to investigate maladministration and corruption at further education and training (FET) colleges in the Eastern Cape in an effort to clean them up.

Share and share alike... Despite a few murmurs some time back that sharing the Square Kilometre Array was not an option, it is. Sense prevailed - so it's a case of rather some of SKA, than nothing of SKA.

Finally, our resident motor head, Henrie Geyser gets passionate over the new red-blooded Alfa Romeo Giulietta TCT.

Rod Baker, content director

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Commercial


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. Read more >>

Property Management


Networking, a necessity for property agents
Property professionals have the opportunity to sell what rates amongst a buyer's most prized possessions, a home. Along with the home, the buyer also buys a haven of security, happiness and peace of mind, which requires a significant degree of trust, as well as a good rapport between the seller and buyer. Read more >>

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. Read more >>

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. Read more >>

Rental


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. Read more >>

Residential


Leapfrog welcomes unchanged interest rate
"As a leader in the South African property market Leapfrog Property Group welcomes the decision by the Reserve Bank to maintain the interest rate of 5.5%," says Bruce Swain, MD of Leapfrog Property Group. Read more >>

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." Read more >>

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. Read more >>

Major differences between sectional title and home owners association
Townhouse developments and complexes have grown considerably more popular in recent years as people increasingly opt for the improved safety and security, as well as the sense of community, that often comes with cluster living. Read more >>


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