With Cape Town’s limited CBD space, increasing traffic congestion and unreliable public transport, it’s not surprising that more businesses are choosing to relocate to the suburbs. While some may fear this commercialisation could diminish residential property values in these neighbourhoods, in the case of Claremont,
The Chas Everitt Luxury Portfolio team has sold just under R100m worth of homes in areas such as Sandhurst, Hyde Park, and Houghton since the start of the year.
These properties include Cullinan House (pictured top), the historic Art Nouveau mansion in Houghton that the team
Cape Town’s Northern Suburbs are often all seen as very similar by those who aren’t familiar with them. Contrary to this rather misguided opinion, however, the Northern Suburbs of today cater to an impressive variety of lifestyles and languages, and are becoming even more diverse
RealNet MD Jan Davel believes with tighter economic conditions over the next two to three years, sellers are likely to be more negotiable, thus presenting “excellent” opportunities for investors. But not everyone agrees with Davel that house prices will resume an upward trajectory within this
National property management company Trafalgar has announced the merger of its Garden Route operation with that of Choice Property Management Services in Knysna, which it recently purchased.
“The combined operation will now be run under the Trafalgar Property Management name from the former Choice offices in
A reason why around 50% of all bonds in South Africa are now processed by originators is due to mortgage applications being submitted to multiple banks – and the institutions are acutely aware of the direct competition.
This is according to Shaun Rademeyer, CEO at BetterLife,
Ahead of the 2016 local government elections, ADT Security is warning against impersonators, trying their luck by posing as officials from the department of Home Affairs.
A number of reports have been received about a group of impersonators going around to homes pretending to be officials
While economic and house price growth slowdown is the general direction in SA and Namibia, the Western Cape has recently bucked that trend to record the fastest average house price growth of the major regions, reports John Loos, FNB Home Loans household and property sector strategist.
The lengthy process of collecting outstanding levies impacts the financial situation of a body corporate over a very long time. Everything possible should be done to avoid it warns Michael Bauer, general manager of property management company IHFM.
The least of these is for the trustees
Cape Town’s Central City region has witnessed property value growth from R6,127bn in 2005 to well over R24bn in 2015. Rob Kane, chairperson of the Central City Investment District (CCID), predicts that this number is expected to rise to well over R32bn within five years.