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02 August 2013

 
FROM THE EDITOR

It has been reported that the listed property sector is expected to gain greater exposure to the continent as more quality assets are developed although private equity funds are driving the development phase of commercial property investments in Africa. See the full article in Listed property settles for follow-the-leader.

Read an article titled South African REITs – What Are The Tax Implications? to find out how exactly the introduction of REIT tax legislation in South Africa will affect South African property market in comparison to countries like the US or Europe.

Early in 2012, President Jacob Zuma, in his State of the Nation Address announced that the Department of Human Settlement would be instituting a finance-linked individual subsidy programme for first time home buyers. What is the latest? Get an answer on Subsidy programme for first time home buyers showing little promise.

Tivvit Solution’s vision and mission to create wealth for their shareholders, to provide leading and cutting-edge software on a National and International basis and to develop quality and cost effective software solutions, while adding value to their software so to add more value for their customers has been reiterated. Read more on SAPTG’s Public Reports.

It's a known fact that a determining factor when buying a home is one's lifestyle. Property buyers tend to buy in areas that suit a lifestyle they are accustomed to. Read an article titled Roodepoort Little Falls city escape for more.

Enjoy!
The editor

Property of the Week

Die Rand, Upington, Northern Cape - South Africa
Five star Guesthouse in profound area: 14 rooms 14 bathrooms. Swimming pool, airconditioning, safe and secure parking for guests. Kitchen and dining area. 


News

Listed property settles for follow-the-leader

Although private equity funds are driving the development phase of commercial property investments in Africa, the listed property sector is expected to gain greater exposure to the continent as more quality assets are developed...


South African REITs – What Are The Tax Implications?

For many years investment in immovable property has been a very lucrative form of passive investment in South Africa, particularly when comparing the South African property market with countries like the US or Europe...


The industrial property market is leading the fledgling recovery of the overall property market

It appears that the industrial property market is leading the slow comeback in the commercial property market – certainly in the greater Irene and Centurion areas - where industrial space is being “snapped up”...


SAPTG’s Public Reports
As if SAPTG wasn’t groundbreaking enough, Tivvit Solutions headed back to the drawing board to enhance its avant-garde product, so to allow the public an opportunity to easily access the property reports...

Subsidy programme for first time home buyers showing little promise

When, in early 2012, President Jacob Zuma, in his State of the Nation Address announced that the Department of Human Settlement would be instituting a finance-linked individual subsidy programme for first time home buyers, there was a sudden influx of hopeful potential home buyers keen to make use of this programme...

Big debate raging over the multi-million Rand Time Square development in East of Pretoria

The multi-billion Rand Time Square development in the east of Pretoria – which will include a five star hotel and casino – is drawing negative feedback from the public...


Originators' clients are way ahead on home loans

The value of home loans granted to clients of the BetterBond group, continues to rise month-on-month and was 9,7% higher in June than in the same month of 2012...


New home loan arrangement opens the market to more affordable housing buyers

The new organization, in which Old Mutual and the National Housing Finance Corporation (“NHFC") are the shareholders, has stated publicly that its goal is to help potential first-time home buyers enter the affordable housing sector earlier than is currently the case...


Check premises title deeds for business restrictions

With densification and higher traffic volumes on many roads in Cape Town, some of the houses on these have been turned into business premises, but this is sometimes opposed by the neighbourhood’s residents...


HOA insurance
Insurance in gated communities and security estates, if they are run by Homeowners’ Associations, and not as sectional title schemes, is sometimes overlooked because they are not governed legally by any act which stipulates that this must be in place...

Interest on rental deposits
Most rental agents have traditionally paid the interest accrued on tenants’ damage deposits while in their trust accounts back to the tenant, but they actually need to check their lease agreements before doing so...

Hot tips for a cool pool in summer
July and August are generally the busiest months of the year for swimming pool builders, as homeowners look forward to summer and take advantage of the dry weather in most parts of the country to get their additions and alterations done...


Quick Links

Tivvit extras!

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Focus On

Kathu, Northern Cape - South Africa

Despite its rather remote and dusty location, Kathu in the Northern Cape is considered to be one of the fastest growing towns in the province. This is possibly due to Kathu being the iron capital of the Northern Cape...

>> View properties in Northern Cape


In The Area

The area we are going to take a closer look at this week is;

  • Little Falls
  • Sandbaai
  • Woodstock
Roodepoort Little Falls city escape

As Johannesburg continues to expand, becoming busier almost by the week, residents are facing increased stress...


Solid value boosts Sandbaai property market

Sandbaai - on the doorstep of bustling Hermanus - is attracting an influx of homebuyers thanks to the excellent value-for-money that property here offers...


Sponsorships at Al-Noor Orphanage

Al-Noor Orphanage, a non-profit organisation in Woodstock, founded in 2001 and registered in 2006 by Armiena Madien, has 35 children in their care at present, and runs on sponsorships and donations alone - no government funding...


Vacancies at Tivvit.com

Become part of the dynamic Tivvit team

A following position is currently available, to apply email a detailed CV to tamsin@tivvit.com

Our Offices are situated in the West Rand.

  • NET & SQL DEVELOPER


Tivvit Property Count 02/08/13

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Properties for Sale: 103,562   
Properties to Rent: 9,822

 


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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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