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08 November 2013

 
FROM THE EDITOR

It has been reported that the Deeds Registries Amendment Bill, 2013 proposes amendments to the Deeds Registries Act No.47 of 1937. Read SA Deeds Registries Amendment Bill 2013 for more information.

According to Adrian Goslett, CEO of RE/MAX of Southern Africa a home purchase triggers additional spending on appliances, furnishings, and remodelling. As a result it boosts the economy. See an article titled Property ownership can only boost the economy for a detailed article.

Read an article titled Low demand for office space sees sector trailing retail property to find out how a lack of new business growth is keeping the office property market in the doldrums.

It is a known fact that letting go of something or someone that has been close to your heart for a long time is difficult thus in this week's Newsletter, we share some tips on how to let go. Read Sad about selling? Here's how to move on for an in-depth advice.

According to the Tivvit Property count this week, there are currently 101,566 properties for sale and 10,378 for rent on Tivvit.com. Therefore if in search of a new home, sit back and find the right one.

Enjoy!
The editor


Property of the Week


News

SA Deeds Registries Amendment Bill 2013

The Deeds Registries Amendment Bill , 2013 proposes amendments to the Deeds Registries Act No.47 of 1937.  The Deeds Registration system is structured to guarantee land title...


Property ownership can only boost the economy

In the US, research indicates that property purchases lead to increased consumer spending. Comparative South African research shows a similar trend...


Sales of bigger properties herald an upswing in the commercial sector

Recent figures from national property analysts such as Absa have indicated that a revival is taking place in middle range properties in the South African commercial sector...


Low demand for office space sees sector trailing retail property

A lack of new business growth is keeping the office property market in the doldrums, according to a report released on Monday the 4th of November by global real estate services firm Jones Lang LaSalle...


Take advantage of tax incentive for buy to let investors

With certain income tax allowances providing significant tax relief to investors in the buy-to-let market who have five units or more, and the banks now being slightly more lenient in granting bonds, it would be a good idea to buy now...


Safeguard Against Penalties With A Tax Opinion

South African Revenue Services (SARS) may raise understatement penalties if prejudice has been caused to them or the fiscus...


Hong Kong firm debuts in Africa with US$104m South African deal

Hong Kong property firm Shanghai Zendai took its first venture into the African market on Tuesday with a multi-million dollar deal to develop a suburb of Johannesburg, South Africa's commercial hub...


New Regulations For Electric Fences

In the recent past there have been some pertinent changes associated with the regulations regarding requirements to be obtained in the event of the transfer of a property...


Consumers still hungry for homes and loans

According to the latest statistics released by BetterBond Home Loans, the number of home loan applications received by the group increased by 5,06% in the 12 months to end-October...


Sad about selling? Here's how to move on

Selling your home is always a wrench, especially if it has been your family residence for a long time and is full of happy memories...


Good sectional title management

In a time when the fastest growing property sector at present is sectional title, it is vitally important that these schemes are managed well and that management of funds and the development itself are kept in check...


Dealing with financial insecurity in ST schemes

There are various reasons that a sectional title scheme could become financially insecure, and these are not always due to mismanagement of the finances by the trustees...


Sectional title scheme consent levels

Some confusion arises when owners of sectional title units are told that a decision has been made, that a resolution has been passed, for instance, but they ask why a special general meeting wasn’t held...


BetterBond helps 36 000 families buy dream homes

October was a record month for BetterBond Home Loans with more than 3600 home loans being formally granted to homebuyers from whom the group had submitted applications to the banks...



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Focus On

Potchefstroom, North West - South Africa

Besides Potchefstroom's claim to being the oldest town in the North West, few other towns are symbolical of South Africa's constitutional, cultural and religious development...

>> View properties in Potchefstroom


In The Area

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

  • Hermanus
  • Century City
  • Plettenberg Bay
  • Atlantic Seaboard
Hermanus market back in the swim
Once renowned as an elite holiday destination – and relatively undeveloped fishing village - the Overberg town of Hermanus has a very different face today...

Century City still offers good value for money
Situated about 10km north-east of central Cape Town is Century City, a 250-hectare suburb constructed as a mixed-use precinct, which includes residential, retail, entertainment and business components...

New holiday buying boosts Plett market
Property sales in Plettenberg Bay are picking up steadily, thanks mostly to an increase in the purchase of holiday homes in what is still one of SA’s most popular holiday destinations...

Sales sail along the Atlantic Seaboard
Due to strong demand for property along Cape Town’s Atlantic Seaboard, the gap between asking prices and selling prices is gradually closing...

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.

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To the Editor

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Tivvit Property Count 08/11/13

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Properties for Sale: 101,566 
Properties to Rent: 10,378 

"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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