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Articles published in August 2011

The 'dirt' on your cleaning detergents

2011/08/25

The average home hides up to 63 hazardous cleaning products. Unaware of what these are? Find out how to minimise your risk.


Save, save, save for deposit!

2011/08/25

Saving up a deposit for your first property brings great financial rewards. Get an outline of how it will benefit you.


Feng Shui tips for your home

2011/08/24

Feng Shui is an ancient art of interior and exterior decorating, one which enhances the energy flow and space of your home.


Household debt still taking strain

2011/08/01

The total value of outstanding credit balances in the household sector increased by 7% year on year in the first half of 2011, according to Absa.


Eastern Cape property market improving

2011/08/01

Eco-tourism and first-time buying are helping to boost the Eastern Cape property market, with the average time houses stay on the market declining.


Hyprop sells Centurion Mall

2011/08/01

Hyprop concluded an agreement with Fountainhead to dispose of Attfund Retail's 25% undivided share in Centurion Mall.


Sandton City attracts trendy tenants

2011/08/01

Expect more glitz and glam at Sandton City Shopping Centre as it opens its newly refurbished expansion project with enticing tenants in November.


All home theatre systems go!

2011/08/01

Different factors will influence the design, layout and price of your home theatre. Here’s what you need to know before you install...


Decorate the walls with plates

2011/08/02

Plates are all unique, so why not take them out of the kitchen cabinets and use them to decorate your home instead?


Track property transfer to avoid delay

2011/08/02

When selling property it is important to provide the conveyancing attorney with the correct information and keep in touch with the transfer process.


House prices show growth, buy now

2011/08/02

South African house prices have grown to 4.6 percent in July from 3.1 percent in June as revealed in the FNB House Price Index released yesterday.


Prime Umhlanga Ridgeside development

2011/08/02

The sustained demand for new, high quality commercial property in the Umhlanga is borne out by the development in Ridgeside office park.


Can I get out of my lease early?

2011/08/02

A Property24 reader has a fixed term lease with her landlord, but can no longer afford to pay. Can she cancel early? An expert answers.


Young buyers flock to Bloemfontein

2011/08/02

Property buyers and particularly young and first time buyers are reportedly finding the city of roses an ideal location to call home.


Don’t undervalue a cooker hood

2011/08/03

Cooker hoods shouldn’t be installed solely for their looks. Levels of workmanship, quality and functionality must be taken into consideration…


Landlord renovates to sell, my rights?

2011/08/03

A Property24 reader says her landlord is renovating to sell and it’s causing major inconvenience. Can she break the lease?


PE food distribution centre on auction

2011/08/03

A Pick n Pay tenanted food distribution centre in Port Elizabeth, will be brought to auction during this month’s commercial multiple auction.


Foreign demand for property slows

2011/08/03

The number of foreigners buying residential property in South Africa has slowed down according to the FNB Property Barometer released today.


Decorate an awkward hallway

2011/08/04

Whether it’s long or narrow, awkward hallways are common decorating disasters in most homes. Here’s how you can make them look great!


Rental stock shortage in Moreleta Park

2011/08/03

Rental property stock is reportedly not enough to meet demand in the quiet leafy suburb of Moreleta Park in Pretoria East.


Houghton property worth aspiring to

2011/08/04

Buying property in Houghton, Johannesburg is about choosing a lifestyle. Old mansion style homes blend alongside modern apartments...


Reproduce this rustic bathroom look

2011/08/04

Rustic bathroom décor comprises of rough textures, earthy tones and natural elements. Here’s how to create this a timeless style...


Property investors not rushing to buy

2011/08/04

South African housing investors are looking around at the market, but are still not rushing to put their money down and invest.


4-year CRS initiative launched

2011/08/02

Ditasa has launched the Certified Residential Specialists programme to 350 previously disadvantaged individuals aimed at transforming the industry.


SSETA/EAAB changes bode positively

2011/08/15

The changes that have taken place in the Estate Agency Affairs Board and at Services SETA bode well for SA residential property.


Chairman clarifies agent requirements

2011/08/03

The position of estate agents and principals seeking to comply with the EAAB's compulsory educational requirements has been clarified.


Priced right, your property will sell

2011/08/04

South African median house price grew by 2.4 percent year-on-year in July from 2.9 percent year-on-year in June according to Standard Bank.


Renting, selling of RDP houses concern

2011/08/05

The sale and renting out of RDP homes is becoming a major headache for Buffalo City Metro Municipality in the Eastern Cape.


Upmarket Sandton hotel set to close

2011/08/05

The property lease of Southern Sun Grayston Hotel in Sandton expires at the end of the year and it’s unlikely it will stay open until 31 December.


Absa: Growth in home values improving

2011/08/05

The Absa House Price Index has revealed a further improvement in home values in the middle segment of the South African housing market in July.


Mining boosts Jozi property market

2011/08/05

Johannesburg north suburbs are experiencing a boom in property purchases thanks to buyers in the mining industry from Africa and other countries.


Seven easy time saving tips

2011/08/08

Are you feeling that there just aren't enough hours in a day to do everything? Here are some small changes to 'make home' that help add some time...


Keep carpets looking like new

2011/08/08

A new carpet looks great, but over time it can be subjected to everyday wear and tear. These easy tips will keep your carpet looking good longer...


Afro-chic décor

2011/08/09

Bring Africa into your home and décor scheme. With rich colours and textures, you can create a home that’s unique and luxurious...


Favourite stores for new Sandton City

2011/08/08

There is good news for fashionistas - the R1,77bn first phase of Sandton City's expansion opens in November this year, with more shopping variety.


SA retailers weather the storm

2011/08/08

South African retailers are said to be as robust and resilient as any group of retailers across the globe and will continue to grow.


How to get rid of a managing agent

2011/08/08

When owners in a sectional title scheme want the managing agent removed and a different one appointed - is this possible? An expert answers.


Selling property after mandate expires

2011/08/08

So what happens when a sole mandate expires? Be careful as in some instances the agent may still be able to claim commission on the property sale.


Sellers under financial pressure

2011/08/10

Distribution of wealth seems to be shifting more significantly in the property market according to the FNB Estate Agent Survey Q2 2011.


EAAB supports chairman despite reports

2011/08/10

The Estate Agency Affairs Board (EAAB) on Monday said the board fully supported its chairman Thami Bolani, despite media reports.


What colour should your ceiling be?

2011/08/11

The most obvious colour for a ceiling is white. However nowadays you can paint a ceiling in many colours to enhance to look and feel of a room.


Standard Bank’s new Rosebank property

2011/08/10

Johannesburg Stock Exchange listed company and one of SA’s big four banks, Standard Bank is building a new property in Rosebank, Johannesburg.


Sustainable decor

2011/08/10

Don’t let décor conflict with your sustainable living ideals. Now you can buy that trendy rug and help the environment by following these few tips.


Bloemfontein, a property buyers’ den

2011/08/11

Property sales are booming at the lower end of the market in some parts of Bloemfontein and demand for homes is reportedly still strong.


How to manage property cycles

2011/08/11

The property market moves in cycles and investors can be certain that neither a growth period nor a downturn in any market will last forever.


Know your fabric

2011/08/11

There are many options of fabric to choose from when upholstering your furniture. Let's have a look at the differences between fabric types.


Property24 nominated for award!

2011/08/11

Property24.com has been nominated in the 2011 South African E-Commerce awards. Vote and you could win an iPad 2. Read on for more info...


Highest price growth for small homes

2011/08/11

South African houses in the lower income segment have shown a better price growth since early 2010, according to the FNB Property Barometer.


Property investors like SA homes

2011/08/12

Avid property investors say investing in the South African property market offers higher returns with average risks compared to offshore investing.


Making money from distressed property

2011/08/12

A question that is often asked by first time investors is 'how can I make money from distressed house sales?'. An expert offers some useful tips...


Tips for buying a sectional title unit

2011/08/12

When buying a sectional title unit arm yourself with as much information as possible about the body corporate, its finances and proposed activities.


Warm and cosy bathrooms

2011/08/12

When it comes to heat, bathrooms can often be left out in the cold. Get an overview of some popular bathroom heating options...


The art of picture display

2011/08/18

Add colour and interest to your home by hanging pictures, posters and photos on your walls. Here’s the secret to displaying them wisely...


When to use a false ceiling?

2011/08/12

If you have rooms which look out of proportion or have a ceiling in poor condition, then this may be the answer to your décor woes…


Kraaifontein set for new agency

2011/08/12

RE/MAX has opened offices in Kraaifontein due to high demand for property in the area, which appeals to a range of buyers.


Sandton skyscraper plan on track

2011/08/15

Plans for an 85-storey skyscraper near Sandton City will go ahead when local and global economic conditions improve according to Liberty Properties.


No unprofessional conduct by law firm

2011/08/15

Legal firm Weavind & Weavind was not guilty of unprofessional conduct in its Sharemax dealings and have been absolved by the Law Society.


Ratepayers cost to rise due to strike

2011/08/15

The wage demands by striking municipal workers will have to be met by ratepayers as councils say they cannot afford to absorb higher staff costs.


Family homes price growth still solid

2011/08/15

Family suburban homes market is reportedly very solid and stable when compared to sectional title properties in terms of price growth.


Banks to retrench home loan staff

2011/08/15

At least two of South Africa’s four major banks are retrenching staff in the home loans departments because the market for properties has declined.


Property selling to emigrate slows

2011/08/15

The number of property owners selling to emigrate has declined to 4 percent in 2011 from a peak of 20 percent in Q3 2008.


Chimney maintenance

2011/08/19

A chimney is exposed to all of the elements all of the time. If it isn’t well maintained, it can leak and slowly become damaged beyond repair.


Residents oppose petrol station

2011/08/16

Plans to build a multi-million rand petrol station over the M1 highway in Johannesburg have been opposed by furious residents.


Minister may be subpoenaed

2011/08/16

The Department of Public Works has failed to respond to a report on irregular leasing of offices for the South African Police Service.


More returns for commercial property

2011/08/16

JSE listed company, Emira Property Fund has increased its investment in Growthpoint Properties Australia (Goz) an Australian listed property Reit.


Is your tenant paying rent on time?

2011/08/16

The number of tenants who pay on time declined to 79 percent in Q2 2011 and 15 percent of Gauteng tenants defaulted on their rental payments.


Misrepresentation in Post Office lease

2011/08/16

The Post Office, while honouring their lease agreement is determined to move into its new headquarters in Centurion as soon as possible.


Sandton City poised for growth

2011/08/17

Sandton City’s much anticipated expansion and refurbishment project will open to the public on 10 November with a new exciting mix of tenants.


Huge demand for homes in mining towns

2011/08/17

Mining towns and villages are experiencing a surge in property demand thanks to the rising platinum prices and expansion of mining operations.


How crucial is your mattress choice?

2011/08/16

Your choice in mattress can affect your lifestyle. With so many on the market here is a guide on how to choose the right one for you…


KZN owed R8.4 billion by residents

2011/08/17

Residents in KwaZulu-Natal owe their municipalities R8.4 billion and 34.4% of this amount is for unpaid property rates from errant property owners.


Squatters hamper Joburg development

2011/08/17

The JPC says illegal occupation of land and the erection of shacks is limiting its ability to development land for housing and community projects.


Baboon Point development coming?

2011/08/17

Midnight Storm wants to develop 90 houses at Baboon Point but it has met with furious opposition from people wanting to preserve the heritage site.


Misconduct among CT housing officials

2011/08/17

After complaints from residents in Mitchell’s Plain and Kewtown, an internal audit has led to disciplinary action against three housing officials.


How to rid your home of rats

2011/08/17

There is a lot of incorrect information about rat control. Find out what can you do to prevent rat infestations in your property?


R25m spent on Gauteng Premier’s home

2011/08/18

Taxpayers have paid at least R25 million for buying and maintaining a house for Gauteng’s Premier Nomvula Mokonyane since 2004 when it was bought.


Urban lifestyle homes gain momentum

2011/08/18

A new generation of buyers leaning towards an urban lifestyle is snapping up property in locations such as the iconic Melrose Arch in Johannesburg.


Violent protests at Princess Park

2011/08/18

Protestors blocked Main Reef Road for hours yesterday amid persistent rumours that they were to be moved from Princess Park to Orange Farm.


R2 billion to cover-up Joburg railways

2011/08/18

A multi-billion project is planned to cover-up the railway lines in central Johannesburg while building new mixed-used developments above them.


Interest rates already rising?

2011/08/18

The reluctance of banks to provide loans at less than the prime interest rates means that home loans are already costing buyers more.


Property fund lists on the JSE

2011/08/18

Dipula Income Fund listed on the Johannesburg Stock Exchange (JSE) on 17 August under the Real Estate Holdings and Development sub-sector.


Building activity remains depressed

2011/08/19

Building activity in the South African property market was depressed as the value of buildings completed dropped by 6.5 percent in June 2011.


Judgments for debt fall 17.3%

2011/08/19

The total number of civil judgments for debt declined by 17.3 percent in June according to figures released by Statistics South Africa yesterday.


Global house prices continue to fall

2011/08/19

Global house prices increased by only 1.8 percent in the year to March, the lowest annual rate of growth recorded since Q4 2009.


Land Bank to fund emerging farmers

2011/08/19

The Land Bank will use profits on a pilot project which provides funding and support to those emerging farmers with the right levels of expertise.


Cable theft an economic offence

2011/08/19

The Energy Minister wants cable theft to be reclassified as a serious economic offence, claiming that thieves are guilty of sabotaging South Africa.


Guest lodge in Sandown to be auctioned

2011/08/19

Prime property Marion Lodge situated in the residential hub of Sandown in Johannesburg will be auctioned lock, stock and barrel on 30 August.


Is an organised closet possible?

2011/08/19

Can you make the most of the available space in your closet to maximise on space? The answer is yes! Read on for tips to clothing heaven...


R28m land deal in Bitou to be probed

2011/08/22

The Commercial Crimes Unit is to investigate an apparently dodgy deal in which land valued at R2.4 was bought by the Bitou municipality.


Free State municipalities need help

2011/08/22

The department of co-operative government, traditional affairs and human settlements has spent half its annual budget on bailing others out.


Lagoon Bay court case underway

2011/08/22

A Western Cape High Court hearing into the Lagoon Bay Lifestyle Estate development near George has been appealed against by developer.


Land shortage will see cremations soar

2011/08/22

Land is said to be a diminishing resource with cemeteries nearing saturation and land for new ones is unlikely to be provided for.


Nelson Mandela Stadium profits by 2013

2011/08/22

The Nelson Mandela Bay Stadium expects to generate a profit by 2013, of which R11m will be contributed to the city’s running costs for the stadium.


R183m spent housing gov officials

2011/08/23

The government has spent R183m on 34 luxury homes for ministers and senior government representatives since 2009 when Jacob Zuma became president.


Using glass in the kitchen

2011/08/24

Using coloured glass splashbacks in kitchens and bathrooms has become a popular trend, apart from offering a stylish aesthetic it’s beneficial too…


CSTM losses could reach R80m

2011/08/23

Liquidators working with Constantia Sectional Title Management have warned that R80million may have been misappropriated from the company.


Home improvements no longer a priority

2011/08/23

FNB home loans report has revealed a decrease in the percentage of property owners estimated to be making value-adding upgrades to their homes.


Buying property for investment

2011/08/23

South African property is an excellent investment as of late. Here’s what you should know about the four main categories of investment property…


R30m housing project stalled for years

2011/08/23

A R30 million housing project in eThekwini has been stalled for the past 14 years resulting in neglected homes which have to be demolished.


More SA women are buying property

2011/08/24

Estate agents and bond originators say there is a steady increase in the number of women buying property more than they did four years ago.


Media24 building sold for R67m

2011/08/24

The Media24 building located in the Sandton CBD in Johannesburg was sold to a Blue Chip company for R67 million.


Rental leases: what you should know

2011/08/24

It is important for tenants to understand the information contained in rental leases as prescribed in the Consumer Protection Act.


Give your garden a spring makeover

2011/08/24

Winter brings about lawn problems, insect issues and general dead areas to your outdoor space. Bring your garden to life with a spring makeover…


How do households acquire assets?

2011/08/24

A comprehensive study of the financial well-being of South African households is to be undertaken by the personal finance research unit at UNISA.


New head for estate agent institute

2011/08/25

The Western Cape Institute of Estate Agents, soon to become the PPSA, has appointed Dianne Brock as its general manager.


Agents understanding property values

2011/08/25

It’s essential for estate agents to understand how banks go about property evaluations as this knowledge will enable them to assist all applicants.


Gautrain nodes good for home values

2011/08/24

The Gautrain has caused an increased in property market activities and homes prices have improved in suburbs such as Midrand, Sandton and Centurion.


Do it yourself wicker furniture repair

2011/08/25

Wicker furniture shows wear and tear after years of use. Instead of just throwing these pieces away, you can spruce it up and give them new life…


More first timers buying property

2011/08/25

Low interest rates combined with relaxed lending conditions is now providing first time buyers an opportunity to enter the property market.


House price growth continues to slow

2011/08/25

South African house prices are expected to slow down over the next few months from the current 5 percent growth rate.


Want money? Invest in shopping centres

2011/08/25

The owner of premium shopping centres across South Africa reported an increase in distributions and net income for the six months to June.


Affordabilty key to home ownership

2011/08/26

The demand and supply of property is set to be on smaller-sized homes and higher-density houses because of affordability.


Mandatory power saving on the cards

2011/08/26

South Africans might soon face mandatory power cuts if Eskom is able to convince government to introduce its Energy Conservation Scheme.


The changing face of Soweto

2011/08/26

Row upon row of secure residential homes are being completed in a number of developments along the M3 in Soweto in Gauteng.


Investors love Western Cape properties

2011/08/26

Buy-to-let investors, foreigners and first-time buyers regard the Western Cape as the country’s premier property location to invest into.


Luxury Cape Town properties in demand

2011/08/26

Property buyers and savvy investors are reportedly snapping up properties in Cape Town's posh suburbs as they believe the area offers solid income


Forget spring cleaning!

2011/08/27

Instead of getting out the dusters, why not use your time to combine cleaning and decor to give your home a spring makeover instead.


Rental income boosts property fund

2011/08/27

JSE listed Property company, Growthpoint Properties reported distribution growth of 8.1 percent to 131.0 cents for the financial year ended 30 June.


BRT boost sales in Bloubergstrand

2011/08/28

Cape Town’s rapid transit system is boosting interest in properties in Bloubergstrand on the Atlantic coast with a private school in Parklands


Absa lends up to 100 percent home loan

2011/08/29

Absa says it is still giving 100 percent loan-to-value to would-be home buyers even in this market, but only if they qualify.


Signing a rental lease under the CPA

2011/08/29

A Property24 reader asks if it is within law to be forced to pay extra deposit towards a property they have been renting for the past 5 years.


Millions to be spent on Hillbrow

2011/08/29

Millions of rands are being invested in restoring some of the historic buildings in Hillbrow in hopes of turning the area into a cultural precinct.


EAAB without a leader now

2011/08/30

Thami Bolani chairman of the Estate Agency Affairs Board has been suspended following allegations of contravening conditions of his appointment.


Princess Vlei development reconsidered

2011/08/30

A Cape Town shopping centre development at Princess Vlei labelled as 'spatially inappropriate' has been halted by council.


Land expropriation being “dumbed down”

2011/08/30

Blade Nzimande accused predominantly white organisations of dumbing down the Constitution while urging greater political will on land expropriation.


Tips for a healthy credit score

2011/08/29

Have you checked your credit rating lately? If you’re saving for a home or paying off a home loan it’s important to have a workable financial plan.


Buyers guide to KZN prime property

2011/08/29

Estate agents are reporting an increase in residential property activity in some areas of KwaZulu-Natal saying the area is poised for growth.


EAAB on verge of collapse?

2011/08/30

Allegations of fraud and corruption have been levelled against staff at the Estate Agency Affairs Board and two more senior employees suspended.


Paying levies late can cost you

2011/08/30

Trustees and managing agents of sectional title properties are entitled to charge compound interest on arrear levies.


Benefits of double glazed windows

2011/08/30

If you are renovating, building your dream home or considering changing windows, it might be beneficial to consider double glazing.


High debt hurting home buying

2011/08/31

Credit bureau records show 46.4% of South Africa’s credit-active consumers have impaired credit records that will prevent them from buying homes.


Hotel in Rosebank to be auctioned

2011/08/30

A luxurious five star boutique hotel in Rosebank, Johannesburg and a heritage site will be auctioned on 28 September at the Hilton Hotel in Sandton.


DIY vertical garden

2011/08/31

A new trend in gardening is emerging, not from the ground but along the walls. Create a vertical garden using recycled bottles…


Low property prices lure home buyers

2011/08/31

Lower property prices are reportedly making it possible for savvy investors and buyers to enter the property market in some parts of the country.


Top 5 tips for selling your property

2011/08/30

Selling your property for the first time? If you’re wondering where to start get a property expert’s top tips to help you towards a successful sale.


New luxury home address - The Houghton

2011/08/31

Buyers and investors of premier property will be happy to know there is a new address of undisputable luxury living at The Houghton in Johannesburg.


Investors set to boost home market

2011/08/31

The best hope for the beleaguered South African residential market right now is robust investor activity, says Auction Alliance CEO, Rael Levitt.


Four-tier land reform system proposed

2011/08/31

Government has released the Land Reform Green Paper that seeks to break from the past without "significantly" disrupting agricultural production.