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Budget wishlist
Wednesday, February 14, 2007 (116 reads)
What PwC would like to see in the budget.
It’s close to Budget Time with the 2007-2008 Budget being presented to Parliament in February. As usual, we turn our thoughts to what we can expect and do some speculating. The country is presently in a growth phase, and fiscal change is often more acceptable in times of relative prosperity. So this year could hopefully see some significant budget developments.
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Another cut in transfer duties?
Tuesday, February 13, 2007 (125 reads)
What experts expect from next week’s Budget speech
Transfer duties on property sales are expected to be reduced slightly in next week’s Budget but the move will be nowhere near the significant reduction announced last year.
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Buyers Return To Traditional Living
Tuesday, February 13, 2007 (103 reads)
Traffic congestion and the resulting new trend towards "walkable" communities is fast gaining enough momentum to cause a major shift in property buying patterns.
Traffic congestion and the resulting waste of time is arguably the number one daily frustration now for most South Africans. Small wonder then that a new trend towards "walkable" communities is fast gaining enough momentum to cause a major shift in property buying patterns.
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Sa Property Market Has A Way To Go
Tuesday, February 13, 2007 (125 reads)
Despite a slowdown in house price growth in 2006, the SA property market continues to achieve record-breaking prices across the country, and there is no reason why this trend should not continue in 2007.
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Old Mutual '06 Retail Trade Buoyant
Monday, February 12, 2007 (127 reads)
Increases, of more than 30%, in sales for 2006 have been reported by shopping centres in the retail portfolio managed by Old Mutual Property Group.
The main driver behind the overall portfolio turnover growth of 16% for 2006, to R9,4bn was retailers' performance at Gateway Theatre of Shopping, the Umhlanga centre now being expanded for the second time within a year.
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End near for rate hikes
Friday, February 09, 2007 (118 reads)
Cape Town - If it's about inflation, there is little reason to hike interest rates any further, says Brait economist Colen Garrow.
But if it's about the credit aggregates, and the impact imports associated with this expenditure is having on South Africa's balance of payments, we would argue that monetary authorities should seek other devices to slow consumption, says Garrow.
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In the cold with the property boom
Thursday, February 08, 2007 (100 reads)
Two years ago the “orange revolution” was billed as the overthrow of Ukraine’s corrupt elite, but in the capitals real estate sector at least, the population is still struggling in the shadow of a well-connected clique.
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Further Transfer Duty Cuts Expected
Wednesday, February 07, 2007 (119 reads)
The transfer duty on property is expected to be cut further when Finance Minister Trevor Manuel unveils the 2007/2008 National Budget on February 21, managing executive of Absa Home Loans, Gavin Opperman, said in a statement recently.
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City Power leaves Jhb in the dark
Wednesday, February 07, 2007 (134 reads)
Johannesburg property industry individuals are up in anus over the basically non-existent supply of electricity to zoned land in particular areas. Despite the shortage of zoned land, construction industry role players are facing the added frustration of being told to wait two years for electricity supply to their developments.
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