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Welcome to
the August 2010 Pam Golding Property Group
Newsletter
Having so successfully hosted the Soccer
World Cup, and with the resultant global
accolades, we have an opportunity to capitalise
on the positive sentiment created by this
event and the general morale boost South
Africa has received.
As far as the performance of the residential
property market is concerned, while the
market has improved especially in terms
of numbers of transactions, this is off
a low base and furthermore there is no marked
price movement evident.
From a Pam Golding Properties perspective,
while we have seen a 30% improvement in
sales volumes (i.e. units sold) year on
year to date, key factors hampering the
market continue to be limited access to
credit and affordability. This means that
in the present market, correct pricing of
properties is even more critical than ever,
as buyers are faced with affordability issues
and have a good selection of properties
from which to choose.
More positively, we note a tangible sense
of optimism and air of a new beginning for
South Africa and this, coupled with the
huge, positive international awareness created
through the World Cup augurs well for positive
sentiment generally as well as for the property
market over the medium to long term.
Interested in
property statistics? Read more here |
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Time
to Seize the Moment - Off the back
of the hugely successful Soccer World Cup,
never before has South Africa been presented
with such an ideal opportunity to promote
the country to foreigners as a prime investment
destination, said Dr Andrew Golding, CE
of the Pam Golding Property group.
Read more here |
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Last
opportunity to enter - Discover the Place
that makes you Happiest and Win
- As we celebrate the privilege and honour
of having hosted the FIFA World Cup™,
we invite you to enjoy 4 nights away on
us. Discover the place that makes you happiest
and WIN a four-night stay valued up to
R50 000. Closing 31 Aug - Enter
here |
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Internationally-Acclaimed
Wine Estate for Sale - An award-winning
wine estate has become available for purchase
in the Franschhoek Valley, marketed exclusively
by Pam Golding Properties.
Read more here |
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| Renting
in the Current Market - The rental
market forms an important component of the
residential property market, and when there
is an oversupply of stock for sale, this
sector of the market often gains momentum.
Read more here |
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| International
Update - Mauritius and London -
Buyers at Akasha in Mauritius have the added
benefit of a major new shopping mall as
well as a boutique hotel right on their
doorstep. In London, South African property
investors purchased 8 apartments at Pam
Golding Properties recent local launches
of South West London developments. Read
more here |
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World
Cup Hotel Performance in South Africa
- In conjunction with Pam Golding Hotels,
STR Global provide a comprehensive analyses
of Occupancy, Rate and RevPAR offering a
unique opportunity to analyse hotel performance
during the exact dates of the World Cup
period, 11th June – 11th July.
Read more here
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Follow Pam Golding Properties
on Twitter |
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Pam Golding Property
Group Head Office:
Monterey, 12-14 Klaassens Road, Bishopscourt, Cape Town,
7708.
South Africa
www.pamgolding.co.za |
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