Market rentals showing impact of tougher economic times

The effect of the economic downturn on market rentals has now become strikingly evident.

According to the latest Rode’s Report on the SA Property Market, in the fourth quarter of 2009 the overall growth in market rentals for office space was weak. This was especially evident in Cape Town (-6%) and Johannesburg (-4%) decentralized, where rentals were, on average, lower than what they were a year ago. But, this comes as no surprise in light of the faster northward march of prime-office vacancies in these two decentralized regions.

History dictates that property prices in major economies are not yet at bottom

Residential property prices in the world’s major economies, which last year were down an average of 5% from 2007, may keep dropping, according to a researcher from the International Monetary Fund.

Concerned Rate Payers Association of South Africa takes a stand against poor service delivery

The Concerned Rate Payers Association of South Africa (CORPA) is calling on all South Africans to take hands and stand up against municipalities who fail to deliver services that ratepayers expect and pay for.

Mixed fortunes for building materials suppliers

The South African building materials market is telling a confusing yet interesting story about developments in the second half of 2009.

Eskom increases rebates as part of an improved solar water heating plan

A substantial increase in the solar water heater rebates offered by Eskom, in
some cases up to 120%, is set to bring environment-friendly solar heated
geysers within the financial reach of thousands of South Africans wishing to
reduce their home energy costs.

Property valuation

The valuation of property is often a contentious issue. Home owners and private sellers often struggle to understand what their properties are worth, which can lead to unrealistic expectations and unsold properties.

Free property classified adverts

A new feature just launched on SA Properties! You can now create free property classified ads on the SA Properties website. It is a quick, simple and effective method to get your message across.

REAL ESTATE BUSINESS SCHOOL

REBS is accredited by Estate Agency Affairs Board and Services Seta to provide Training and RPL Recognition of Prior Learning for Estate Agents and Principals.

Buyers, Sellers and the Web

In the aftermath of the Global Financial Crisis the international property market is reeling and while in South Africa the opinion is that things are looking up, general international predictions are all doom and gloom. Aside from the impact on the global economy, the people who suffer most at the hands of this downturn are the estate agents – those who make a living off the buying and selling of property.

How are Home Owners' Associations Similar to Sectional Title Schemes, and What are the Main Differences

By Prof. Graham Paddock

Sectional title is a legal arrangement in terms of which parts of buildings can be exclusively owned, in conjunction with shared ownership of other parts of the buildings and the land.

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