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Bargain ‘bloodbath’ in SA property market

Leila Samodien Cape Times 25.01.2012
Bargain ‘bloodbath’ in SA property market

Desperate property sellers are flooding the market, with properties being offered at knockdown prices around the country, including certain areas of Cape Town.

'Property buyers factor rate hikes into pricing'

Many buyers are anticipating an interest rate hike next year, says Auction Alliance CEO Rael Levitt, whose company has sold over three billion rand in commercial property this year alone.

Property market ‘in for another tough year’

THABANG MOKOPANELE Business Day 12.01.2011
Commercial property posts strong returns

SA's commercial real estate market returned to double-digit performance in 2010, with a total return of 13.3%, compared with the revised 8.8% (8.7%) return in the previous comparable period.

Property market ‘in for another tough year’

HE property market can expect another tough year with economic indicators painting a grim picture. According to First National Bank (FNB) figures for last month, released on Monday, the bank’s valuers anticipate more hard work for the sector, with weak demand for houses relative to supply.

Estate agency sector faces widespread probe

THABANG Business Day 12.01.2011

Caution over property demand

Sowetan Live 06.12.2010
Estate agency sector faces widespread probe

A COUNTYWIDE investigation will probe 5826 estate agencies and 27769 estate agents as the Estate Agency Affairs Board throws its net wider in ensuring that firms and individuals are operating above board.

Caution over property demand

SOUTH Africans are still cautiously optimistic about the performance of the residential property market, with a survey conducted by BusinessLive showing a below par growth trend rate next year.

WCape property best in SA

Financial Fitness 30.11.2010
WCape property best in SA

A recently released report by the FNB Home Loans Cape regional office gives credence to the widely held belief that Western Cape residential property sustains higher and more stable prices than those elsewhere in SA.

South African property still popular with foreign buyers

South African real estate agents are confident that the property market in the country will remain popular, even though the football World Cup is over.

Foreigners show interest in SA property

Dispatch Online 22.10.2010
Foreigners show interest in SA property

ESTATE agents have expressed confidence about the sustainability of foreign interest in South African residential property following the 2010 Soccer World Cup.

South African billionaire in bid to take control of Minerva group

An emergency shareholder meeting at property developer Minerva this week will pit its biggest shareholder Nathan Kirsh against the company's management. Kirsh may not be well known in the UK, but the South African billionaire could be about to take control of some of London's most prestigious buildings and a vast chunk of Croydon town centre.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.