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Articles published in April 2011

SA slides in global property rankings

2011/04/01

SA dropped to 29 in the global house price performance rankings, in contrast to 5 years ago when it was the world’s fastest growing property market.


Decorating with nature

2011/04/01

With the clever placing of plants, your décor can be quickly and easily transformed into softer and more inviting areas in the home.


Billions to be spent on CTICC

2011/04/01

The CTICC is set to get a major boost as more then R4,5bn is earmarked for improvements and expansion of this major attraction in the city.


17 salt-water dams planned for WCape

2011/04/01

Eskom wants to build 17 salt-water dams to augment the province’s electricity supply but most of the new dams will be built in nature reserves.


Tiffindell to go on auction in May

2011/04/01

Fancy buying the only ski resort in SA? Or how about buying a small trout fishing hideaway in Pilgrim’s Rest that's ripe for development too.


Saving energy a priorty for malls

2011/04/04

Homeowners are bracing themselves for the latest round of electricity hikes but the implications of increases are more significant for retail malls.


Jhb tariffs, objections close 30 April

2011/04/01

Joburg residents have until 30 April to object to new tariffs that have been proposed for the coming year for electricity, water and refuse removal.


Civil service corruption rife

2011/04/01

Paddy says taxpayers in SA are being robbed by our own government employees and their cohorts, as corruption and fraud runs rampant...


CT service delivery report withheld

2011/04/04

Cape Town, rated as the best municipality in SA, has been accused of withholding a report showing some residents are not satisfied with it.


Farming exodus hurts South Africa

2011/04/04

New land tenure laws and a sustained level of farm attacks and killings has forced thousands of farmers to abandon their SA enterprises.


Tiffindell sale to be delayed

2011/04/04

A legal wrangle over Tiffindell will probably delay the planned auction of the property in April but the sale will go ahead sometime later.


Extra charges to cancel home loans

2011/04/04

Property owners who took out home loans prior to the National Credit Act should be aware that there are extra charges when cancelling a bond.


House prices slightly up for March

2011/04/04

The March 2011 FNB House Price Index points to some flattening out in the recent declining trend in house price growth.


197,000 in arrears on credit

2011/04/04

While South Africans might be dragging themselves out of the debt spiral, the respite may be temporary as interest rates are expected to rise again.


Tips for preventing driveway robberies

2011/04/04

Homeowners can be susceptible to attacks when either arriving or leaving their homes. Get some useful tips to keep you and your home safe!


Families compensated in Karoo

2011/04/05

The government is encouraging Karoo residents to start farming and is offering land, technical and material support to those displaced by apartheid.


Billions to re-develop Cape Town

2011/04/05

An ambitious plan to develop six precincts around the inner city area in Cape Town may lead to billions being invested in modernising these areas.


Penalty interest for late levies

2011/04/05

Trustees of sectional title complexes are being urged to impose harsh penalty interest on any levies that are outstanding from unit owners.


Constantia ‘bargain’ property for R18m

2011/04/05

A stately Cape Dutch property in Constantia, Cape Town is set on over 16,000sqm of land with views over False Bay.


Eastern Cape property market improves

2011/04/05

The Eastern Cape residential property market appears to have battled its way back from a severe slump, according to latest figures.


Plumbing certification needed in CT

2011/04/05

Cape Town house sellers must not only provide an electrical compliance certificate but will have to warrant that their plumbing is sound as well.


A fair share of the levy

2011/04/06

The participation quota determines the size of the undivided share of the common property, the value of each owner's vote and the size of the levy.


Make room for baby

2011/04/06

Making space for a new addition to the family is a special process. Here is what to consider when decorating your baby room...


Banks must ease lending criteria

2011/04/06

More and more estate agencies are calling on banks to ease up on their tough home loan lending criteria in order to stimulate the property market.


RDP residents may have to pay rates

2011/04/06

Durban plans to force residents living in government subsidised houses to pay rates, taxes and service fees like any other home owners in the city.


Escape to Ladismith in the Karoo

2011/04/06

For a complete change of life, you could consider moving to Ladismith in the Swartberg that’s less than half a day’s drive from Cape Town.


Unpaid bills, councillors for election

2011/04/06

The ANC will not take any action against councillors who owe municipalities thousands of rands and will allow them to stand in the elections.


Outdoor solar lighting tips

2011/04/07

More than innovative gadgets, modern solar lights are a good choice for outdoor lighting. 'Green' and affordable, here’s more about it...


Joburg inner city property scheme

2011/04/06

Johannesburg has launched the Inner-City Property Scheme in partnership with the private sector, to address urban decay and rejuvenate the CBD.


House prices to fall by 3% this year

2011/04/07

While there may be modest growth in some house prices, the overall picture remains gloomy for property with prices likely to fall by 3% in 2011.


Noise levels from Gautrain ‘extreme’

2011/04/07

Centurion residents are complaining that the new Gautrain, being tested ahead of its launch in July, is disrupting life with excessive noise levels.


RealNet celebrates good results

2011/04/07

Estate agency group RealNet has ended its financial year with turnover 21% ahead of target and 19 new franchises on its books.


Free State the next step for Leapfrog

2011/04/07

This is the latest move in a national strategy to build a Leapfrog footprint across every key sector of the residential property market in SA.


Stop complaining, CT residents told

2011/04/07

Cape Town property owners are quick to prevent high-density projects going up in their neighbourhoods but they should know the zoning rules first.


PIC Invest, Realcor warnings issued

2011/04/07

Investors must be careful when investing in property syndications, says the FSB, and should always first check the credentials of the company.


Joburg stinks as its refuse mounts up

2011/04/08

Nepotism, corruption and end to wage disparities are making a real stench at Pikitup amid allegations of tender fraud and dubious decision-making.


10,000 estate agents working illegally

2011/04/08

The EAAB has found widespread non-compliance with the Estate Agency Affairs Act which may mean that sellers need not pay commissions to agents.


Joburgers wrongly billed?

2011/04/08

A survey conducted in the city shows that at least half of the 70% of residents who received council accounts believe they’ve been wrongly billed.


R2,5bn not spent by provinces

2011/04/08

Seven of the ANC-run provinces failed to spend their public infrastructure grants on basic services as R2,5-billion is returned to the Treasury.


Syndication scams fleecing investors

2011/04/08

Innocent people lose their life savings investing in dodgy property syndication schemes. Paddy says beware of getting 'fleeced' by wily salesmen!


Beware playground hazards

2011/04/15

Playing outside is a way of life for children, but be sure to avoid injuries by inspecting playground equipment and keeping a watchful eye...


Residents seize control of councils

2011/04/11

Upset with the lack of service delivery in the Free State and North West, angry residents have seized control of councils and are running services.


Blue Lagoon, Umlazi redevelopment

2011/04/11

About R50m will be spent on upgrading Blue Lagoon’s beachfront and a new retail shopping centre is planned for Durbans’s Umlazi township


Pikitup’s head honcho quits

2011/04/11

Amid allegations of corruption and with workers demanding an immediate investigation into the utility, Zami Nkosi, the MD of Pikitup has quit.


Plan to rebuild District Six at last

2011/04/11

Houses costing about R1m each will be sold in District Six once the 3000 claimants have been resettled in properties lost about 40 years ago.


Hillbrow and Sandton on a par

2011/04/11

Demand for rental property in Johannesburg city has risen so sharply that tenants are paying the same for bachelor flats in Hillbrow as in Sandton.


Rental property to improve this year

2011/04/11

Latest rental data suggests some improvement in the fundamentals driving the rental property market, the FNB property barometer indicates.


Bond arrears - homeowners favoured

2011/04/12

A landmark Constitutional Court judgment ruled that only a judge can grant an execution order against anyone who owes money on their home loan.


Buy-to-let property market stays weak

2011/04/12

The buy-to-let property market will remain weak for several years because of the shortage of investors prepared to put cash into this asset class.


Banks urged to relax lending criteria

2011/04/12

Banks have thousands of repossessed properties and yet they refuse to grant bonds on properties unless applicants have a perfect credit record.


Vetch’s Pier, try sneak through plans

2011/04/12

The eThekwini council has been accused of underhandedly trying to sneak through plans to build a small-craft harbour at Vetch’s Pier in Durban.


Bond applications up in March

2011/04/12

The number of bond applications in March reached a three-year high while home loan approvals also improved, according to ooba statistics.


Pricing is key to selling property

2011/04/12

Setting a realistic market-related price is the secret to effectively selling a property in the shortest amount of time possible.


Understanding dinner table manners

2011/04/13

What’s the difference between a fish fork and salad fork? Don’t fret, dinner table etiquette is easy to master. Here are a few pointers...


Tips for installing a fireplace

2011/04/13

When choosing a fireplace, a number of things need to be considered in order to select the right one. Here is what’s ‘hot and not’ for fireplaces...


Bond applications highest in 3 years

2011/04/13

Banks seem to have relaxed their lending criteria resulting in bond approvals reaching their highest level since 2008 according to ooba.


Sharemax - operating legally?

2011/04/13

Sharemax failed to pay R64m to Capicol after an arbitration hearing ruled it must do so. Does that make Sharemax technically insolvent?


Alphen Hotel shuts its doors

2011/04/13

A Constantia landmark, The Alphen Hotel and Brit and Boer pub has closed down and its owners are now shortlisting various options for its future.


R350m mall in Durban halted

2011/04/13

The Early Morning Market that has been operating for 100 years has prevented plans to develop a new shopping mall on the Durban site.


Vetch’s Pier – more allegations emerge

2011/04/13

More than R4bn in investment and 27,000 jobs will be lost if the development of Vetch’s Pier doesn’t go ahead claim the developers.


First-time home buying increasing

2011/04/13

First-time buying of homes is on the increase and is contributing in some way to the reversal of the 'ageing buyer' trend seen in recent years.


It’s easy to add art at home

2011/04/14

The first steps to take when selecting art are finding your style, deciding how it will fit into your home and knowing how to exhibit it.


Rate hike possible in late 2011

2011/04/14

Another economist has joined a few who are predicting that the SA Reserve Bank will hike interest rates in the last quarter of 2011.


Development halted in central CT

2011/04/15

A Lutheran church complex is at the centre of a dispute over a development in Cape Town that historians believe will damage the city’s heritage.


Jhb refuses to sign Pikitup settlement

2011/04/14

Samwu’s proposal to end the refuse workers’ strike has not been signed by Joburg’s management officials who are going to the Labour Court today.


Faulty report - EIA consultant guilty

2011/04/14

The Pan Africa Parliament was built on a wetland because the environmental report conducted by Stefan Frylinck left out this crucial information.


Build your own pizza oven

2011/04/15

Spend the weekend building a pizza oven, ideal for home entertaining and rewarding yummy pizzas. Here is your step-by-step guide...


Lynnwood Bridge due to open next week

2011/04/14

A major new office park and shopping centre is due to open next week at the Lynnwood off-ramp from the N1. It has been built at a cost of R1,1bn.


Sandton set to keep booming

2011/04/14

As SA’s premier financial district, Sandton is attracting more new office blocks and retail property developments and seems set to keep growing.


Joburg won’t disconnect electricity

2011/04/15

The Joburg council is giving its assurance that no residents will have electricity or water disconnected while their account is investigated.


Buy-to-let investors in Rondebosch

2011/04/15

The buy-to-let market in the academic belt around Cape Town university is strong and indications are that this trend will continue for some time.


Demand for houses in N2 Gateway

2011/04/15

Residents in different settlements and townships around Cape Town are demanding proper houses and safe sanitation ahead of elections.


Property market, little to cheer about

2011/04/15

Latest data from the banks paint a bleak picture of SA’s residential property market, with last year’s mini-recovery turning out to be short-lived.


Deal only with qualified estate agents

2011/04/15

Paddy warns those selling property to deal only with 'qualified' agents and says the EAAB should enforce its own regulations on the profession.


Creating a child’s playroom

2011/04/18

Children are full of energy and love having a space to call their own – a playroom where they can let their imaginations and creativity run wild...


How to wire a plug correctly

2011/04/19

While some of us grow up learning some home DIY, others might be a bit stumpted when having to change a plug. Get a handy step-by-step guide...


Lagoon Bay hangs in the balance

2011/04/18

Although about R250m has been invested in a new golf estate its future hangs in the balance awaiting provincial approval on land rezoning.


Blow to bond originators

2011/04/18

Bond originators are threatened by Absa’s latest move to provide commissions to estate agents and double the size of their sales force.


Residents furious over land clearance

2011/04/18

West Coast residents are furious that a property developer has started clearing land to build two houses on a site where development was prohibited.


Student flats selling fast in Potch

2011/04/18

Student flats in Potchefstroom are selling fast because of the shortage of suitable accommodation for students at the North West University.


What to do during Green Office Week

2011/04/19

This week is national Green Office Week and offices nationwide are called to participate in adopting these four green eco-friendly behaviours…


Securing your home when you are away

2011/04/20

With the Easter weekend around the corner, many people will be preparing to go on a break. While you are away make sure your home is secure...


CPA allows early lease cancellation

2011/04/19

Sapoa has asked for immediate clarity on how the new CPA affects leases, which are now restricted to a maximum period of 24 months.


Home loans - applications up 36%

2011/04/19

Applications for home loans increased in March which may indicate that the property market is improving and banks are approving loans more readily.


Machanik’s case delayed cause of funds

2011/04/19

The case against Wendy Machanik and Bruce Bernstein will be heard on 30 May because she’d run out of funds and was unable to continue her litigation


KZN north coast property faces boom

2011/04/19

Property developments worth about R60bn are underway along the KwaZulu-Natal north coast with some properties selling for less than R1m.


Huge fines for abandoning a building

2011/04/20

Landlords who abandon a building – or slumlords who hijack it – could face fines of up to R1m in terms of new bylaws for Johannesburg.


Builders, accomplices arrested

2011/04/20

Shoddy building, serious fraud and selling of state houses for personal gain emerged from an investigation by the SIU as five people were arrested.


Water seepage damages 115 homes

2011/04/20

Water seeping through the ground has damaged about 115 houses worth R750 000 in Braamfischerville where 19,000 homes have already been built.


Luxury KZN apartments attract buyers

2011/04/20

The convenience of living in an apartment appeals to many people, but finding truly luxurious and spacious properties can prove to be a challenge.


Landlords ignore CPA at their peril

2011/04/20

The effect of the Consumer Protection Act on landlords and lease agreements of immovable property requires some scrutiny. Get an expert’s view...


Join the Clicks for Bricks Challenge

2011/04/20

Help Property24.com and Habitat for Humanity South Africa build a house one click at a time in the Clicks for Bricks Challenge...


15,000 ripple meters for free

2011/04/21

About 15,000 ripple meters will be installed free-of-charge to residents in Joburg to cut peak time use of electricity and reduce power cuts.


Pikitup strike ends amidst other cuts

2011/04/21

Services in Joburg are in danger of grinding to a halt as frustrated residents battle power cuts but the three-week Pikitup strike has ended.


CT Senator Park to be revamped

2011/04/21

A disgusting building in central Cape Town is to be extensively revamped after a court order was obtained allowing owners to insist tenants move.


SA cities must prepare for shortages

2011/04/21

Cities need to prepare for rapidly increasing oil prices, unpredictable rainfall patterns and fresh water demand, according to a recent report.


Construction companies coming clean?

2011/04/21

Construction companies are co-operating with the Competition Commission investigating allegations of widespread collusion and bid rigging.


Easter egg hunt ideas

2011/04/21

The best part about Easter is the egg hunt, and the chocolate rewards you find. Here are a few tips on how to plan a great Easter egg hunt...


Niche market for student accommodation

2011/04/24

The demand for student flats has prompted a property development company to convert offices into luxury, affordable suites.


EAAB needs to get its act together

2011/04/28

Paddy says the Estate Agents Affairs Board should shape up and start serving the property industry that it is meant to serve.


Colour your kitchen

2011/04/26

Colour is one of the easiest and most economical ways to heighten drama and interest in interior spaces - and the kitchen is no exception...


Special courts for default judgments

2011/04/26

Special courts will be used to grant default judgments or issue writs of execution against homeowners who owe banks money on their bonds.


Joburg’s debts of R2,8bn

2011/04/26

Inefficient revenue collection is the cause of the huge cash-flow crisis facing SA’s biggest city, making it unable to pay its debts on time.


Building activity down

2011/04/26

Although there are plans for more flats and townhouses, the actual level of building activity is likely to remain depressed this year.


eThekwini council sued for R1,8m

2011/04/26

A disgruntled contractor is suing the eThekwini Council for R1,8m because of alleged non-payment for a refurbishment contract in Shallcross.


Explore a retro bathroom

2011/04/29

Design a bathroom that rivals your living room as far as comfort and aesthetics are concerned – a place to retreat to after a hard day’s work!


Septic tanks and cesspits

2011/04/29

If your home needs to have the old septic tank or cesspit replaced, be sure to follow the requirements laid down by the local municipality.


Property sales down 42% from peaks

2011/04/26

Despite reports of an up tick in visits of show houses and property sales, latest figures show sales volumes are still down 42% from 2006 peaks.


Eskom cuts subsidy on solar heaters

2011/04/28

Eskom subsidised just 60,000 geysers in one year and at that rate it will take the utility 17 years to reach its target of a million installations.


People want toilets

2011/04/28

The residents of Khayelitsha are demanding the council provides basic sanitation and water to every household within a predetermined time.


Helping hand to deliver services?

2011/04/28

President Jacob Zuma has offered to assist municipalities struggling to deliver services but has urged them to hang onto their scarce skills.


Another historic home on the market

2011/04/28

Cape Town has more historic homesteads than any other city in South Africa and now a Mowbray cottage is being sold that dates back to 1808.


Affordability drives property prices

2011/04/28

The affordability and 'back to basics' drive is still visible in property price trends in South Africa, according to latest figures.


Guarding hospitals costs millions

2011/04/29

Steep increases in the costs of guarding hospital properties led the MEC for Health and Social Development to investigate tenders for this work.


Sectional title property shows growth

2011/04/29

Small sectional title apartments represent the best-performing sub-sector of the sectional title property market, according to latest FNB figures.


Residents want Bo-Kaap alcohol free

2011/04/29

Residents of this Muslim community are furious over a liquor licence application by the Hilton Hotel that will allow it to serve alcohol to guests.


Lagoon Bay development turned down

2011/04/29

The plan to develop Lagoon Bay has been thwarted and angry George residents have warned that they will “go to war” unless the project goes ahead.