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Monday Jan 22, 2018

Top market may lose some sparkle

This year may be tougher than last for the Western Cape property market as house-price growth subsides and the province grapples with the ongoing drought.

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Cape Town skyscraper's 'affordable' flats

In a landmark ruling, Cape Town's Municipal Planning Tribunal has imposed an inclusionary housing condition on Zero-2-One, which is set to be the tallest skyscraper in Cape Town. It will be located on the corner of Strand and Adderley street.

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Online photos can misrepresent vital aspects of a property

At what point does virtual staging cross the line from spiffing up the appearance of a house to intentionally misrepresenting it, and misleading potential buyers?

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Durban asked for pensioners' rates reduction

Ratepayers' associations have urged the municipality to increase the rates rebate threshold for senior citizens from R2 million to R3 million and resolve the billing system before the City of Durban implements a rates increase.

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Cape Town CBD residents like downtown buzz

The Cape Town CBD's multi-cultural population and combination of old and new buildings give the city centre its unique buzz, and have been listed by its residents as two of their favourite aspects of the place they call home.

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Friday Jan 19, 2018

Large decline in Cape Town first-time home-buyers

Estimated first-time home-buying levels in Cape Town, expressed as a percentage of total home-buyers in the city, slumped to 7.5% last year. This was the most severe decline in first-time home-buying levels in the country.

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SARB's hold on rates disappoints business

Consumers are advised to keep a tight rein on their spending after the SA Reserve Bank (SARB) kept the repo rate unchanged yesterday at 6.75%, as expected. The central bank warned that, despite a stronger rand, inflation risks remained.

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Tuesday Jan 16, 2018

Early cancellation of a residential lease

What happens though when a lease is to be cancelled early, whether due to the tenant's circumstances changing or to the landlord wanting his unit vacated?

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Call for Cape Town to trim R1.7bn

The Cape Chamber of Commerce and Industry said that the City of Cape Town should not have too much difficulty trimming R1.7 billion from its massive budget of over R44bn in order to overcome a shortfall brought on by the crippling drought affecting the region.

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Monday Jan 15, 2018

Realtors warn against excessive positivity

National house-price growth in 2018 is anticipated to be "slightly better" than 2017's average, which FNB's John Loos says was 3.7%..

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