Having trouble reading this email? View it in your browser.

28 June 2013

 
FROM THE EDITOR

Thulas Nxesi, Minister of Public Works recently held an open meeting with the South African private sector property owners to iron out challenges and discuss issues of mutual interest. Read the whole article on Department of Public Works appeals to property sector to help it get its house in order.

During the week ended 21 June, South Africa’s listed property sector declined by just over 5% as South African bond yields rose 50 basis points and the Rand weakened to R10.15/US$. The sector has now given back all of the first quarter’s impressive gains and is flat year-to-date. Continue reading on Another tough week for the listed property sector.

Thinking of a home upgrade? Read this first! If you can afford it, now is a good time to upgrade your home as the interest rates are holding at historically low levels and home prices are on the turn.

FNB Estate Agents Survey showed that, interest in residential buy-to-let property was little changed in the second quarter of 2013. Get more statistics on Buy-to-let is dead - FNB

This week in our Focus on section, we look at the origins of King Williams Town in the Eastern Cape. Find out how this historic town came into being.

Enjoy!
The editor

In This Issue

Need a Home Loan!  Click here now!

Property of the Week

King Williams Town, Eastern Cape - South Africa
Large famly home with al you would desire

News

Another tough week for the listed property sector

The week that ended on 21 June 2013 was another tough week for investors in South Africa’s listed property sector...


Buy-to-let is dead - FNB
Interest in residential buy-to-let property was little changed in the second quarter of 2013‚ the FNB Estate Agents Survey showed...

Department of Public Works appeals to property sector to help it get its house in order
The Department of Public Works (DPW) and private sector property owners participated in a landmark meeting on June 14, to discuss key challenges and find solutions to issues affecting both...

Vunani Property Investment Fund receives REIT status

JSE-listed property company, Vunani Property Investment Fund ( VPIF) announced that it had received Real Estate Investment Trust (“Reit”) status approval by the JSE Limited...


Objectors given infinite scope to delay and do away with property developments
Property developments, which would enhance the values of other homes in the areas for which they are proposed, have been delayed and repeatedly changed in response to the public’s objections...

High level of impaired credit records - the number one challenge facing bond originators

The fact that many of South Africa’s bond originators have been able to increase their “hit rates” (i.e. to achieve a higher percentage of accepted bond applications) this year is remarkable considering the “staggering” rise in debt payment defaulting...


Keep moveable transactions separate from property purchase

Sometimes, a seller will include a number of moveables, furniture, curtains or white goods, into a sale agreement as part of the purchase price, to “sweeten the deal” for the purchaser...


Thinking of a home upgrade? Read this first!
Upgrade now? Interest rates are holding at historically low levels and home prices are on the turn, so it makes sense for existing homeowners to consider a home upgrade right now – if they can afford to do so...

Checklist for putting a home on the market
“When deciding to put your home on the market, there are certain things you should have in place beforehand...

Buy or sell first, which is better?

When it comes to time to sell, whether to upscale or downscale, there is always the dilemma of whether to buy another property first, subject to selling the current home or to sell the existing one first and then buy elsewhere...


11 reasons why you should buy property
Property is one of the few investment opportunities that does not necessarily require much money to make money...

Insurance of Sectional Title units
It is a common misconception among sectional title unit owners that movables such as furniture and curtains, as well as buildings, common property, and fixtures within sections are covered by the body corporate's insurance policy...

Arbitration rather than litigation for sectional title disputes

The popularity of arbitration rather than litigation in sectional title property disputes stems from its being both less expensive and faster...


Appointing a managing agent
While many trustees of sectional title schemes might do an excellent job at running their scheme, there are many benefits to appointing a managing agent...

Roles of a rental agent

There is often the thought when buy to let investors decide to rent out their property, that they can deal with the property and tenant management themselves, but it is always best to enlist the services of an experienced and qualified rental agent to ensure that the whole process runs smoothly...


Quick Links

Tivvit extras!

Search For Properties by area

1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Focus On

King Williams Town, Eastern Cape - South Africa

King William’s Town owes its establishment to 19th century warfare between the Cape Colony and the AmaRharhabe Xhosa and the tenacity of the Scottish missionary, Rev John Brownlee of the London Missionary Society...

>> View properties in King Williams Town


In The Area

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

  • Constantia
  • Mitchell’s Plain
  • Plumstead
  • Franschhoek
  • King Williams Town
Lower Constantia prices and demand increasing

In the last four months, three homes have been sold in the Lower Constantia area, by rookie agent, Caryn Gillman, (which by any standards is something to be commended)...


Mind the gap

The new Westcape Villas development in Mitchell’s Plain provides an excellent opportunity for buyers who fall within the gap housing market...


Plumstead – Western Cape

Plumstead is a fairly large suburb in Cape Town approximately 15 kilometres to the south of the city, situated in the Southern Suburbs between Wynberg and the Constaintia Valley...


Franschhoek

As one of the oldest towns in the country, Franschhoek in the Western Cape is situated approximately 45 minutes from the Cape Town city centre....


King Williams Town property market on the rise

A keen up-tick in property purchasing activity and a shortage of recent real estate developments are factors that are creating of a home stock shortage in the affordable sector of the property market in King William’s Town in the Eastern Cape; however there is most definitely a “ceiling” on prices...


Property News Continue

Unprecedented speaker line-up for Global Green Building Convention

This is no ordinary year for the green building industry in South Africa – as this year heralds the once-off occasion of rallying the largest international network influencing the green building marketplace, comprising of 92 global councils, under one roof....


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


Like us on
Follow us on
CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.tivvit.com or email: sales@tivvit.com

To the Editor

Share your comments with us by sending it to news@tivvit.com


Get in Touch

Tivvit Property Count 28/06/13

Search Now

Properties for Sale: 104,082 
Properties to Rent: 10,802


"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."

Unsubscribe from newsletter