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Articles published in October 2011

Sellers and commission - a case study

2011/10/03

Is there a period after which previously introduced buyers are able to purchase the property without the seller having to pay the original agent?


Why Ferndale homes don’t sell fast?

2011/10/03

South African estate agents say unreasonable and overpricing of properties by many unrealistic sellers results in homes taking longer to sell.


5 easy home upgrades to help you sell

2011/10/02

There are some inexpensive upgrades that could increase your chances of selling your property fast and help you stand out from the competition.


Sectional title: Erecting a carport

2011/10/03

How does an owner in a sectional title scheme go about getting a carport erected over their parking bay and what approval is required?


October gardening tips

2011/10/03

South African summer is underway and there is a lot to do to help your garden look its best. Here is a list of the top things to do in October…


Selling property: 5 show day tips

2011/10/03

If you’re selling your property make sure it is looking its best for show day. Get some useful tips to help your home stand out from the rest...


A retro bed for cats

2011/10/04

Turn your old suitcases into a stylish retro bed for your cat. This easy DIY project will only take a few hours to complete, here’s how...


Estate agents commission, the low down

2011/10/04

Property sellers are warned to be wary of estate agents who promise a higher price based on hot air and a lower commission once the home is sold.


Keep your eye on the property ball

2011/10/04

News of the proposed amendments to the Municipal Property Rates Bill came as a shock to the real estate industry and multiple property investors.


Gordhan to help clean up Public Works

2011/10/04

Embattled Public Works Minister Gwen Mahlangu-Nkabinde is to approach Finance Minister Pravin Gordhan for help in cleaning up her department.


More blacks buying property in SA

2011/10/04

The number of black people entering the South African residential property market is said to have increased as the socio-economic tables turn.


Decorating with yellow

2011/10/04

Yellow is a popular colour for home decor as it warms up cool and dark spaces. Keep in mind these important guidelines to when using yellow...


Poor credit, can you get a home loan?

2011/10/05

Just under 50 percent of South Africans have poor credit records, but by taking the right steps they can still get a bond, says an industry figure.


Would you buy a distressed property?

2011/10/05

South African estate agents view distressed properties as good bargain buys while some reckon these are bad for the real estate market recovery.


Rental market – what you should know?

2011/10/05

The lack of new housing stock coming into the market is reportedly driving growth of and pushing rentals up in the residential market.


Make space, convert your garage

2011/10/05

A well-planned conversion can be the quickest and most affordable way to add extra living space to a home - or maybe a flatlet, gym, playroom...


Sellers, do not ignore ‘road appeal’

2011/10/05

When a potential buyer drives by a property for sale the first impression does count and will likely determine whether they view the home or not.


Another Nedbank property goes green

2011/10/05

Nedbank was awarded the four-star rating for green office design for its new regional head office currently underway at Menlyn Maine in Pretoria.


Décor tips for a teen bedroom

2011/10/05

Decorating a teen’s room can be a difficult task, but if you tap into these trendy tips and suggestions you may just avoid the dreaded ‘eye roll’...


Why buying a home now makes sense?

2011/10/03

South African house prices did not record any growth according to the September FNB Property Barometer House Price Index report.


Can my landlord add this clause?

2011/10/06

A reader asks if his landlord can enforce a clause that he had only 5 days to report defects. Find out what can and can't be included in a lease...


Property24.com acquires SAHometraders

2011/10/06

Property24 recently announced its acquisition of the online property portal business, SAHometraders, extending the offerings of both companies...


New Toyota parts distribution centre

2011/10/06

Toyota SA motors parts distribution centre in Ekurhuleni near OR Tambo International Airport in Gauteng is Investec Property’s latest R363m project.


FirstRand, Old Mutual’s R1.6bn offices

2011/10/06

A planned R1.6 billion Cape Town CBD office development is set to encourage more property developments to make use of the UDZ Tax Incentives.


How to create a faux wood grain finish

2011/10/06

The natural wood grain pattern can be imitated using a technique dating back to Roman times. Try this painting technique on items in your home...


Savvy buyers buy homes at low prices

2011/10/07

South African property prices continued to show relatively low growth in September 2011, according to the latest Absa House Price Indices report.


Tips for braaing with coals

2011/10/07

Find out how to make the perfect charcoal braai and get some handy cooking and preparation tips from the experts...


Living large in small spaces

2011/10/07

There are many ways of creating space without actually changing the size of a room. Read how to make the most of the space you have...


Mix and match table décor

2011/10/09

With a few simple guidelines and a little imagination, creating different table décor looks can be easy. Mix here and match there...


Why buyers love Gauteng properties

2011/10/07

Gauteng, South Africa’s economic powerhouse is said to have shown little price deflation during the 2009 period of national house price decline.


The Grace Hotel property sold for R85m

2011/10/07

The Grace Hotel in Rosebank, Johannesburg which was closed down in August has been sold to Southern Sun Hotel Group for R85 million.


Call to privatise homeland land

2011/10/07

The Democratic Alliance wants those who live on communally owned land, mainly the former homelands, to have full individual ownership of land.


Don Group adapts, changes direction

2011/10/07

JSE-listed The Don Group is changing its business model in view of growing opportunities identified in the broader property industry sector.


Census 2011 - Stand up and be counted

2011/10/10

South Africa’s Census 2011 begins today and homeowners should follow these tips in dealing with enumerators who come to their homes.


Sandton City R1.77bn project on track

2011/10/10

With 32 days to go, the awaited R1.77 billion first phase of the Sandton City Shopping Centre redevelopment project is on track to please shoppers.


Getting the shopping centre tenant mix

2011/10/10

If you want to make money out of the shopping centre business, make sure the tenant mix is diversified and excites shoppers in the area.


We’ve split but what about property?

2011/10/10

A reader says his partner will take over the property but he has been told she will not be exempt from paying transfer costs. An expert advises...


Top 5 considerations for buying a home

2011/10/10

When buying property there are some must-haves that will help you make a sound investment in a home you will love living in.


Sophiatown-inspired bathroom bliss

2011/10/10

This alluring bathroom décor inspired by Sophiatown culture during the 1940s and 1950s is glamorous, elegant and dazzling in its use of colours...


Checklist for homeowners insurance

2011/10/10

When buying a property it is wise to take some time to 'shop around' for your homeowners insurance and be sure to check you are properly covered.


SA over 50s drive the home market

2011/10/11

An FNB Home Loans research report revealed 23 percent of homeowners in South Africa sell their homes in order to downscale due to life stage.


CT - CBD fringe’s most wanted homes

2011/10/11

Cape Town property buyers and tenants continue to be attracted by CBD fringe properties to avoid traffic commuting problems, say estate agents.


Pay transfer duty if my spouse dies?

2011/10/11

A Property24 reader asks what would happen with a jointly owned property if a husband passes away - would a wife have to pay transfer duty?


Battling to pay levy – communicate!

2011/10/11

Those who have defaulted on sectional title levy payments should make sure they communicate with the body corporate or face serious consequences.


Careful how you treat erring tenants

2011/10/11

The days of using any means to remove tenants are over. Tenants have rights, and if landlords abuse them, they can’t expect sympathy from courts.


Weekend DIY: Make a dining room table

2011/10/14

Match your home décor perfectly by making an expensive looking dining table from laminate flooring. Read on to follow this easy DIY guide...


Awe-inspiring awnings and sunshades

2011/10/13

Sunshine can be great but when you want a rest from the heat, there is nothing like a pretty awning or sunshade to keep you fresh and cool.


Great buys at commercial auctions

2011/10/12

Growth in SA commercial property returns stagnated in the first half of 2011, due to the slowdown and uncertainty in the local and global economy.


Tips and tricks with stripes

2011/10/16

More than a fashionable paint effect, stripes can be used to give an illusion of width, length and height to a room. Follow these stripe tricks...


Price right to sell fast and save lots

2011/10/12

Home sellers can cut up to two months off the average time it takes to sell a property by getting the asking price right from the start.


New property owners beware rates debts

2011/10/12

It is important that new owners of property check the rates account is properly registered in their name to avoid billing problems at a later stage.


Fewer selling homes to downscale

2011/10/12

Financial pressure downscaling is on the decrease indicating a possible improvement in the management of debt-to-disposable income according to FNB.


R1bn invested in affordable housing

2011/10/12

A global private equity investor has notched up a landmark R1 billion committed in the South African affordable housing market.


Why a sole mandate can help you sell

2011/10/12

Property24 readers frequently send queries about what exactly a sole or open mandate means, which is better and what happens when it expires...


6 style tips for any home

2011/10/12

The hard part about choosing a décor style for your home is implementing it. Here are 6 essential style tips to help you achieve that new look...


7 tips to get ready for show day

2011/10/13

Now that you’re selling your home you need to aim to make the best impression on potential buyers and a few changes can make a big difference.


Luxury homes continue to sell in Jozi

2011/10/13

South African house price growth slowed in September and growth is expected to remain in low single digits in nominal terms into 2012.


Human Settlements gets a clean audit

2011/10/13

The Department of Human Settlements has received yet another clean audit, making it the 17th year in a row that it has achieved the feat.


My body corporate refuses to fix lift!

2011/10/13

Readers frequently report instances where essential maintenance is not carried out by trustees of sectional title schemes. But what to do?


South Africa’s first retirement expo

2011/10/17

A first in SA, the Retirement Expo, now only a few weeks away, will showcase options available for retirees from retirement property to travel...


Houghton apartments selling fast

2011/10/13

The multi-million rand ‘Ipanema’ apartment development in the heart of Houghton has already seen 40 of the 68 sectional title units being sold.


Nedbank builds houses for 3 families

2011/10/14

As part of the Habitat for Humanity South Africa (HFHSA) Blitz Build Project 2011, Nedbank Home Loans built homes for 3 families costing R300 000.


How to survive the property fallout

2011/10/14

Despite the property fallout, property investors can not only survive but actually flourish during these difficult times, says an industry figure.


New building law for energy efficiency

2011/10/14

The regulations require all new buildings, whether homes, industrial buildings, hotels or schools to meet minimum energy efficiency requirements.


Top retailers at Sandton City honoured

2011/10/14

Sandton City Shopping Centre recently honoured top trading retailers at the Annual Tenant Excellence awards ceremony held at the Sandton Sun Hotel.


Slow recovery for commercial property

2011/10/17

No more booms in growth are likely to be seen in the commercial property sector, however, a gradual recovery is very much on the way according Absa.


Instant heat with induction cooking

2011/10/14

Induction cooktops provide energy efficient, convenient cooking and instantaneous heat. Find out all about the benefits of induction technology...


Decorate your home in white

2011/10/14

White a popular colour for home décor because of it’s versatility for any room. Make the best of a white décor scheme with these tips...


Make an easy wall terrarium

2011/10/18

A vertical wall terrarium is an easy way to bring the outdoors inside. Perfect for gifts or office decor, here’s how to make your own...


Student accommodation – the new black

2011/10/17

The South African student accommodation property market is said to be buoyant and attracts investors, developers and private property buyers.


Property market shows improvement

2011/10/17

The South African residential market showed a mild improvement and slight increase in demand in August according to the FNB Estate Agent Survey.


FNB's R355m office property in Gauteng

2011/10/18

FNB has begun construction of its regional office, One FNB Building, a R355 million office development in Menlyn in the City of Tshwane in Gauteng.


Invest in property now for retirement

2011/10/17

Research anticipates that close on 10 million South Africans will be retiring in the next 25 years and investing in property has definite benefits.


Tips for decorating floors with rugs

2011/10/17

If there is one element in every home that deserves a little more attention, it's your floors. Get some handy tips for choosing the right rugs...


Can I tile over tile?

2011/10/17

Yes, you can tile over existing tiles. It’s an easy job, as long as the existing floor tiles are in good condition and the floor is level...


The state of the SA property market

2011/10/18

South Africa is currently seeing poor office demand, wariness about support pillars of the industrial sector and weaker mortgage lending restraints.


Landlord broke, what about my deposit?

2011/10/18

A Property24 reader says she is in dire straits because her landlord doesn’t have the cash to refund her deposit. What can she do to get it back?


Stubborn sellers meet playful buyers

2011/10/20

Stubborn home sellers are said to dominate in the residential market with some still refusing to adjust their asking price in line with the market.


How to attract shoppers to your store?

2011/10/18

South African consumers are said to have renewed confidence in the retail market and a return to retail discretionary spending is being experienced.


Home sellers still not facing reality

2011/10/18

Many property sellers are reportedly “still unable to face reality” with regards to pricing their homes in today's sluggish market.


Why Fourways tenants aren’t moving?

2011/10/19

Estate agents say property rentals are being pushed up by the shortage of new stock, lack of mortgage finance and the lack of buy-to-let investors.


DIY contemporary chandelier

2011/10/26

Don’t spend a fortune on glamorous chandelier lighting. You can easily make your own using an aluminium pole, some crystals and LED lights...


Court rules in favour of Geffen Realty

2011/10/19

The Cape High Court ruled in favour of Geffen International Realty Franchises (Pty) Ltd in its urgent application for a Rule Nisi judgement.


What’s a property’s fair market value?

2011/10/18

Those looking to buy or sell property may have heard about the importance of fair market value. But what does it really mean?


VAT relief for property developers

2011/10/19

SA residential property developers who lease units before intended use can be pleased with legislation that provides temporary relief from VAT.


Periscopic to manage Vividend assets

2011/10/19

Periscopic Property Management has been awarded the management contract for part of Vividend Income Fund’s property portfolio of nine properties.


Add colour to a beige sofa

2011/10/19

Here are three quick ways to add colour to a beige sofa. Try this trick the next time you want to add a new look to your lounge or living space.


How can I get trustees to perform?

2011/10/19

A Property24 reader asks how he can get trustees of his sectional title block to comply with the management rules. An expert advises...


Tenant problems in sectional title

2011/10/20

More people are renting and trustees of sectional title complexes need to ensure that appropriate rules are in place to avoid potential problems.


Buying a home? Count the cost of fuel

2011/10/19

It is estimated that almost three quarters of South Africans consider the price of petrol as a factor before making a property purchasing decision.


SA’s green building leader - Nedbank

2011/10/20

Commercial property finance, Nedbank Corporate Property Finance has positioned itself as a leader in the green building movement in South Africa.


Decorate for Diwali

2011/10/20

Lights play an important part of the décor during Diwali. Here are some bright ideas on how to decorate your home in the Diwali tradition…


CPI rises to 5.7% in September

2011/10/20

Statistics South Africa (Stats SA) said the Consumer Price Index (CPI) in September rose to 5.7 percent higher from 5.3 percent in August.


First-timers: Buy while stocks last!

2011/10/20

Residential property prices declined by 2 percent in September but estate agents say this is a perfect chance for first-time buyers to buy property.


Dodgy home-occupants to be kicked out

2011/10/21

Occupants of government-owned houses in Boksburg north in Ekurhuleni, Gauteng said to be behaving badly will be kicked out says local municipality.


Can landlady refuse deposit receipt?

2011/10/21

A Property24 reader asks if his landlady can refuse to give official proof that his deposit has been lodged. An expert advises...


Affordability halts building activity

2011/10/21

South African residential building activity improved in the first eight months of 2011 compared to a year ago, according to the latest Absa report.


Woolies to open 16 stores outside SA

2011/10/21

Johannesburg Stock Exchange listed company, Woolworths Holdings Limited retail group aims to open 16 stores in other African countries this year.


Soweto unveils its new retail offering

2011/10/21

The South African retail property market returns remained resilient recording 0.4 percent of capital growth in the first six months of the year.


Big savings with heat pumps

2011/10/21

Be more economical and receive hot water on demand by fitting a heat pump to your geyser. Warm up to big savings on your monthly electricity bill...


Renovations good for asset values-ANC

2011/10/24

The SA government has rejected suggestions that the renovations to official residences and offices of President Jacob Zuma are an extravagance.


Women should benefit from land reform

2011/10/24

SA women should benefit most from land reform and rural development programmes as they constitute the majority of people living in rural areas.


Agricultural land is the new honeypot

2011/10/24

While some property sectors may be experiencing a tough time, the agricultural sector is reportedly booming thanks to the new wave of buyers.


8 ways to attract buyers to your home

2011/10/24

Given the sluggish property market, anyone selling their home should ensure they go the extra mile. Get creative with some innovative strategies...


Accommodation income up 2.5% in August

2011/10/24

Total income for the South African accommodation industry increased by 2.5 percent in August to R1.708 billion from 1.6 percent in August 2010.


Theodosiou property sold for R85m

2011/10/25

A 21ha property in Roodepoort, Gauteng was sold for R85 million following the liquidation of controversial property moguls, the Theodosiou brothers.


Retailers flock to Mauritius mall

2011/10/25

Mauritius is fast becoming a sought-after property investment destination with retailers signing up leases at the new regional mall.


Tax Admin Bill – what you should know?

2011/10/25

The Tax Administration Bill which was introduced to Parliament on 23 June aims to provide better coherence in South African tax administrative law.


Marvellous wall murals

2011/10/25

Personalise your walls with a customised wallpaper of your own choice. Here’s how to pick an image and install it professionally yourself...


How to buy property on auction

2011/10/25

Many would-be property buyers wonder if they could find a 'bargain' by buying on auction. So how does a first-time buyer get started?


Zuma fires Public Works Minister

2011/10/24

Gwen Mahlangu-Nkabinde, Minister of Public Works was fired and is replaced by Thembelani Nxesi, deputy Minister for Rural Development & Land Reform.


Minister’s bills of luxurious hotels

2011/10/24

Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson has spent 174 days staying at luxury hotels in Johannesburg and Cape Town.


Electricity prices could stunt growth

2011/10/25

High electricity pricing could stunt South African economic growth and impact on its competitiveness, credit insurance group Coface said on Monday.


Want money? Invest in property funds

2011/10/25

South African investors who invested in property funds over the past three to five years invested well and are now smiling all the way to the bank.


Raid granny's purse to buy property

2011/10/26

A further decline in the South African Reserve Bank leading indicator means weakness in the mortgage market and the value of new mortgages granted.


Important aircon checks

2011/10/26

Make sure you give your air conditioning unit a regular check to ensure it operates efficiently and provides clean, healthy air.


CPA: Lease cancellation worries

2011/10/26

Tenants' rights to cancel a lease at short notice could spell 'havoc' for landlords' financial planning, but there are measures to avoid the risk.


Informal settlements to be upgraded

2011/10/26

Informal settlements in 45 large cities and towns in South Africa will be upgraded to improve living conditions and access to work opportunities.


Proposed rates bill - an update

2011/10/27

South African property owners and investors need to be patient as submissions for the proposed Municipal Property Rates Bill are being assessed.


R25bn for industrial development zones

2011/10/26

The Minister of Finance Pravin Gordhan yesterday revealed plans to provide R25bn over the next six years to stimulate industrial development zones.


Std Bank - almost half new home loans

2011/10/26

Standard Bank continues to support the local housing market by financing almost half of all new home loans originated by banks in the past year.


SA industrial property vacancies low

2011/10/27

The South African industrial property vacancy rate improved to 4.2 percent from 5.4 percent in the first six months of 2010.


Control moles in a garden

2011/10/27

Mole control can be a difficult and ongoing struggle in the garden. Find out the most proven way to control moles - with excellent results…


Sellers beware double commission

2011/10/27

Property sellers need to be careful of using the services of more than one estate agent because they could end up having to pay double commission.


Demand for homes averaging R1m

2011/10/27

The South African middle income house segment is reportedly showing strong property fundamentals with house prices averaging close to R1 million.


Seller counter offer could break deal

2011/10/28

Home sellers should be wary of counter offers as this can result in the original offer becoming invalid when bargaining for a property sale.


Life rights to feature at retire expo

2011/10/27

SA’s first-ever Retirement Expo debuts from 28 to 30 October at the Coca-Cola Dome and aims to inform and assist in planning for retirement.


Why Black Township markets thrive?

2011/10/28

SA former Black Townships in the major metro areas continue to outperform the high priced house segments but experience slow house price growth.


Clever ideas for kids’ rooms

2011/10/28

Children’s rooms need to be planned out well in order to pack everything into one space making them multi-purpose and flexible areas.


Would you buy this holiday property?

2011/10/28

The South African holiday property market is said to be suffering currently as property buyers choose to purchase primary residences instead.


Blue flag status for Port Alfred Beach

2011/10/28

Kelly's Beach in Port Alfred has been awarded international Blue Flag status by the Wildlife and Environment Society of SA for the 7th year running.


Add romance to the bedroom

2011/10/28

Establishing a romantic mood in the bedroom is not only achieved with effective lighting and colour choices, there are other tips to try...


Lacklustre demand for office space

2011/10/28

For now no improvement in the demand for office space is detectable, the latest issue of Rode's Report on the State of the SA property market shows.


Sale subject to buyer selling clause

2011/10/31

When a buyer still needs to sell their own property it is important that the agreement should not be ‘open-ended’. Get some helpful pointers...


Sectional title amendments – take note

2011/10/31

Recent amendments to the prescribed management rules, Annexure 8 of the Sectional Titles Act of 1986, were published and are seen as welcome.


Auctions show property prices dropping

2011/10/31

Property prices are falling quicker than many estate agents, banks or property owners would like to admit, says a leading industry figure.


Modern window choices

2011/10/31

Whether building or renovating, your home’s windows can be one of its most attractive features. Just replacing windows can transform its appeal!


Fewer people selling homes to emigrate

2011/10/31

There are few sellers in South Africa who sell in order to emigrate, according to the FNB survey on Emigration and Semi-Gration related to selling.


FNB’s 20% home loan market share

2011/10/31

FNB's total market share of new mortgage loans (FNB Home Loans and FNB Housing Finance) amounts to almost 20 percent of total current market share.