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Welcome to
the August 2011 Pam Golding Property Group
Newsletter
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Dr
Andrew Golding,
Chief Executive
Pam Golding Property Group |
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While the housing market
remains constrained, the recent decision
by the Monetary Policy Committee to
keep the repo rate steady was welcome
as South Africa’s economic recovery
remains fragile. From a Pam Golding
Properties perspective recent activity
indicates a gradual upward trend both
in regard to the number of units sold,
as well as pricing.
There is a cautiously optimistic outlook
for the next 6-9 month period as the
market appears to have overcome the
worst, with the result that there
are opportunities for trading conditions
to improve, albeit gradually.
In this newsletter we note the rapidly
growing trend towards a ‘new
urban’ lifestyle
within vibrant new growth nodes, which
offer a convenient and highly appealing
‘live, work, play’ environment.
For those seeking to relocate from
city life to a more relaxing, outdoor
way of life – while still retaining
busy careers – Knysna
on the Garden Route is
fostering an increasingly vibrant
business sector, attracting an increasing
number of entrepreneurs running highly
successful businesses in the town.
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Further demonstrating consumer demand for tranquil
locations in which to enjoy quality family time
and leisure activities, at the exclusive, ‘Utopia’
estate on the Vaal
River, two of the four luxury mansions
have been snapped up by local buyers desiring
a more balanced lifestyle.
From a residential development perspective, sectional
title complexes, which are in prime locations
and offer sound investment potential, remain sought
after among investors, such as The
Avenues in Fresnaye on the Western
Cape’s Atlantic Seaboard. |
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Dr Andrew
Golding
Chief
Executive, Pam Golding Property Group
If you have any comments or suggestions
regarding the newsletter, please
contact
the Newsletter
Editorial Team Here |
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Growing Trend Towards a New Urban
Lifestyle - The enthusiasm with
which consumers responded to the launch
of the first three residential phases in
the Melrose Arch mixed-use development in
Johannesburg underlines the rapidly growing
trend towards a ‘new urban’
lifestyle within vibrant new growth nodes.
Read more |
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Editor’s
Top 5 Choice in Residential Properties
have been selected for special attributes
such as price, value and location. In this
issue we have selected the best residential
properties in in Hout Bay, Waterkloof Ridge,
Constantia, Wilderness on the Garden Route,
and Grabouw.
View them here |
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Element Bay Resort, Mauritius –
Element Bay is a rare opportunity to own
a true Indian Ocean island paradise. Seize
this wonderful opportunity to purchase valuable
residential property on a freehold basis
on this luxury beach resort.
Read more |
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The
Core Business of Pam Golding Hospitality
- The core business of Pam Golding Hospitality
is the facilitation of transactions in the
hotel, lodge and guesthouse industry together
with operator procurement services, the
raising of finance, hotel feasibility studies
and tourism research assignments.
Read more |
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Elegant
Homestead for Sale on Historic Stellenbosch
Farm - A historic smallholding,
located just 4km from Stellenbosch at the
foot of the scenic Helshoogte Pass, has
come onto the market exclusively through
Pam Golding Properties, priced at R16.9
million.
Read
more |
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Name
Your Hood – a local project
that's set to change the way we see our
cities. Taking its cue from cities such
as New York and London, which have areas
like Tribeca, Notting Hill, Montmartre and
Soho, all these are famous areas that are
known all over the globe, just by name.
Read more |
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| Monterey, 12-14 Klaassens Road, Bishopscourt,
Cape Town, 7708, South Africa |
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