Only five units are still available in Afrika Gardens, a small, upmarket sectional title development in the desirable Queensburgh suburb of Northdene, to the north west of Durban.
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Thursday, February 1, 2007
Be quick for these Northdene homes
Only five units are still available in Afrika Gardens, a small, upmarket sectional title development in the desirable Queensburgh suburb of Northdene, to the north west of Durban.
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Supply side may drive recovery in residential property prices from 2008
Pretoria - A turnaround in the softening residential property market was expected in 2008, John Loos, a property strategist at FNB Commercial Banking, said yesterday.
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Tenant evictions now easier
New amendments will free landlords from having to obtain a court order to evict defaulting tenants. The long-delayed amendments to the Prevention of Illegal Eviction from and unlawful occupation of Land Act (PIE Act) of 1998, has finally been published in the Government Gazette for public comment, says Bill Rawson, Chairman of Rawson Properties.
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Thursday, January 25, 2007
eProp Rental Barometer – Jan 2007: Real growth experienced
24 Jan 2007 - heysa Research - Marc Schneider
The level of broad commercial property rental growth as reflected in the eProp Rental Barometer is encouraging.
The eProp National Commercial Rental Barometer has grown by 10.3% in January 2007 compared with a year earlier. At the outset, it must be stressed that the data covers all grades and location of space and, as an aggregate, serves as a broad indication of rental direction for the country, and therefore, is not necessarily reflective of market rental levels per se.
Read more....
eProp Rental Barometer – Jan 2007: Real growth experienced
24 Jan 2007 - heysa Research - Marc Schneider
The level of broad commercial property rental growth as reflected in the eProp Rental Barometer is encouraging.
The eProp National Commercial Rental Barometer has grown by 10.3% in January 2007 compared with a year earlier. At the outset, it must be stressed that the data covers all grades and location of space and, as an aggregate, serves as a broad indication of rental direction for the country, and therefore, is not necessarily reflective of market rental levels per se.
Read more....
The level of broad commercial property rental growth as reflected in the eProp Rental Barometer is encouraging.
The eProp National Commercial Rental Barometer has grown by 10.3% in January 2007 compared with a year earlier. At the outset, it must be stressed that the data covers all grades and location of space and, as an aggregate, serves as a broad indication of rental direction for the country, and therefore, is not necessarily reflective of market rental levels per se.
Read more....
Tuesday, January 16, 2007
RPPI Stats for Pietermaritzburg 2006
The Institute of Estate Agents South Africa Pietermaritzburg & Interior Region hereby supplies the following stats from its Residential Property Price Indicator for the Pietermaritzburg area;
Jan2005 to Dec 2005 Jan2006 to Dec 2006
1.No. of House Sales 979 798
Average Sales Price R591921.00 R811686.00
% Increase in selling price 37%
2.No. of Sectional Title Sales 876 953
Average Sales Price R456828.00 R526029.00
% Increase in selling price 15%
3.No. of Land Sales 131 145
Average Sales Price R279003.00 R399846.00
% Increase in selling price 43%
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Jan2005 to Dec 2005 Jan2006 to Dec 2006
1.No. of House Sales 979 798
Average Sales Price R591921.00 R811686.00
% Increase in selling price 37%
2.No. of Sectional Title Sales 876 953
Average Sales Price R456828.00 R526029.00
% Increase in selling price 15%
3.No. of Land Sales 131 145
Average Sales Price R279003.00 R399846.00
% Increase in selling price 43%
Read more....
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