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03 April 2014
FROM THE EDITOR

It has been reported that the South African listed property sector is unlikely to maintain returns seen in 2012 of more than 30%, as the office market remains subdued. For more of this story, read SA listed property looks offshore.

Although it was announced that the Repo rate will remain at 5.5 %, John Loos, FNB Household and Property Sector Strategist urges buyers to consider not only their repayment rates but also the cost of maintaining a property before making a decision to purchase. Find out why he is of that opinion in an article titled Repo rate unchanged, for now.

According to BetterBond CEO Shaun Rademeyer, obtaining pre-qualification for a home loan is rapidly becoming as much part of the home buying process as saving for a deposit, and it is likely to become even more essential. For more of this article, read BetterBond moves to speed up pre-qualification.

Read an article titled Personalising comfort and convenience to find out how hotels are using new technologies, especially smart phones, to make convenience and comfort more personalised and streamlined.

In an article named Dominant Agent Syndrome, Ronald Ennik, CEO of Ennik Estates explains why he thinks that a business sector that is dominated by a single manufacturer or supplier cannot possibly serve the best interests of the consumer. See a full article below.

When then take a look at Nelspruit; a provincial capital of Mpumalanga and a gateway to the Kruger National Park. Did you know that Nelspruit is home to one of the top fresh produce suppliers in South Africa and the United Kingdom, HL Halls and Sons Holdings Ltd? See our Focus On section to learn more about this exciting city.

Enjoy!
The editor



Property of the Week

Nelspruit, Mpumalanga, South Africa
A truly spectacular home with huge open plan living areas

News
SA listed property looks offshore
Given the poor performance of local listed property stocks last year, South African investors have been offered opportunities to look for offshore investments...

Repo rate unchanged, for now
On Thursday, the 27th of March, the Monetary Policy Committee of the Reserve Bank announced its decision to keep the repo rate at 5.5%...

Important Amnesty Update
The timeframes mandated by the Removal of Adverse Consumer Information and Information Relating to Paid Up Judgments Regulations, 2014 (“the regulations”) have created far reaching impacts to the financial services industry at large...

BetterBond moves to speed up pre-qualification
Advance financial preparation is becoming increasingly necessary for prospective homebuyers – and not only because many South Africans have experienced some kind of credit problem in recent years, but because...

Personalising comfort and convenience
Hotels are using new technologies, especially smart phones, to make convenience and comfort more personalised and streamlined. They may also help them reduce costs and be more sustainable...

Many home buyers fear that the foundations of their buildings are cracked
There is a big fear – rightly – among some prospective home buyers that somewhere, perhaps below the floor level and possibly hidden underground, the foundations of a home or its concrete flooring may be cracked...

Property investment for dummies
Have you considered building a property portfolio as an investor, but have no idea where to start?

Tax Tips: How property can save you money
That time of the year again – 28 February was the closing of the annual tax season for the period 1 March 2013 to 28 February 2014. Once your IRP5 has been submitted you anxiously await the decision made by SARS...

Buy with Security in Mind
There is no getting away from the issue that as the country with the greatest income disparity in the world we are also facing a crime wave that seemingly has no end...

How to create a connected home
Do you want to know how to get all your smartphones, gadgets, consoles and tablets talking to one another? We’ve got products and solutions for the whole family at every age and stage...

Time is running out for estate agents
Some estate agents still seem inclined to ignore the fact that all estate agents now have to obtain the Further Education and Training Certificate in Real Estate (which is on Level 4 of the National Qualification Framework)...

Dominant Agent Syndrome
No business sector dominated by a single manufacturer or supplier can possibly serve the best interests of the consumer – and real estate is no different...

Save water and money in your garden
With water being an increasingly scarce and costly resource, it is becoming more and more difficult to maintain an attractive garden that adds value to your home...

Arrears levy collections process
On looking at the lengthy process of collecting outstanding levies by breaking it down step by step, it is clear that this situation needs to be avoided...

Rentals courses offered
With many real estate agencies adding rentals to the services they offer, it is important for letting agents to be completely au fait with the Rental Housing Act and the legal interpretation of it...





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Focus On

Nelspruit, Mpumalanga, South Africa
Welcome to Nelspruit; a provincial capital of Mpumalanga and a gateway to the Kruger National Park located on the North Eastern corner of South Africa...

>> View properties in Nelspruit

In The Area

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

  • Observatory
  • Germiston
  • East London
Observatory more in demand than ever before
Observatory, the Cape Town suburb approximately 7 km from the city centre, has become one of the very best examples in residential property of how a suburb can undergo a complete image transformation...

Germiston Gem to be Auctioned
Aucor Property has announced that its next multiple Johannesburg auction will take place at the Maslow Hotel in Sandton on the 10th of April 2014...

Significant upswing in East London sales and home prices now evident

Residential property in East London has undergone a 3 to 5% rise in price in the last nine to 12 months and it is beginning to look as if the recently improved sales rate will continue...


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Tivvit Property Count 03/04/14

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Properties for Sale: 100,065 
Properties to Rent: 9,124


"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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