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Welcome to
the June 2011 Pam Golding Property Group
Newsletter
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Dr
Andrew Golding,
Chief Executive
Pam Golding Property Group |
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As the 2011 year approaches
its half way mark, it is evident that
while the housing market has continued
on its recovery path, this improvement
in the market generally continues
to be impacted by economic factors
which include rising energy tariffs,
increased food costs and property
rates, as well as the looming prospect
of higher inflation.
And while consumers continue to demonstrate
a sound appetite for investment in
residential property, this is offset
to no small degree by restricted access
to mortgage finance. The net result
of all of these factors is a market
which is likely to maintain its current
status for the remainder of this year.
Against this backdrop, the Pam Golding
Property group notes some interesting
emerging trends, which have positive
spinoffs for the property market.
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In the economic powerhouse of Gauteng,
an ongoing trend towards densification
of large properties providing opportunities
for Johannesburg home buyers, while infrastructural
developments in areas such as Saxonwold
and Rosebank in ‘The Parks’ is having
a positive ripple effect on home values.
It is clear that the infrastructural improvements
including and relating to the Gautrain continue
to have far-reaching favourable impacts on the
property market in Gauteng. Coupled with this,
we continue to see the growing, renewed confidence
of property developers with various new projects
being launched to the marketplace.
A growing awareness of the importance of conserving
South Africa’s natural resources is creating
increasing interest in conservation
real estate in the Cape provinces,
particularly those with tourism potential due
to their bio-diversity appeal.
Then, of course, an enduring trend seems to be
that of value appreciation of iconic prime properties,
a gold standard
example being that of Clifton on
the Cape’s Atlantic Seaboard – one
of the most sought after, prime locations for
residential real estate, where an apartment with
direct beach access offers a luxury home ideal
for permanent residence, leisure use or sound
investment potential. |
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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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Densification Proving a Drawcard
for Joburg Home Buyers Moving to Established
Suburbs - Densification, where
conventional homes on one-acre stands are
being replaced with three cluster home units,
is proving attractive in long-established
suburbs on the northern side of Johannesburg...
Read more |
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Editor’s
Top 5 Developments have been selected
for residential property attributes such
as price, value and location. This issue
we have selected the best developments in
Melrose, Kenton-on-Sea, Claremont, Villiersdorp
and La Lucia.
View them here |
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Element Bay Resort – Mauritius - Exclusive
Offer from only *R 1.75 million -
Located in Bain Boeuf, a few minutes from
Grand Bay (Baie) - the St Tropez of Mauritius
- Element Bay Resort in Mauritius gives
owners easy access to this wonderful town,
offering all the facilities required for
a longer term stay.
Read more |
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Prominent
5-Star Hotels in Cape Town Increase Occupancies
- Named as the World’s Top Travel
Destination by global travel site, TripAdvisor,
Cape Town has once again been recognised
as a prime destination for tourists the
world over.
Read more |
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Unique
Luxury Home for Sale in Winelands Estate
- A unique home blending elements of Tuscan
and Moroccan design themes has come onto
the market in the acclaimed Winelands Estate,
situated between Franschhoek and Paarl.
The property is being marketed exclusively
by Pam Golding Properties.
Read
more |
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Practical
Ways to Conserve Energy in Commercial Buildings
- Rising electricity tariffs and pressure
to reduce carbon emissions and conserve
energy, are resulting in increasing interest
among businesses regarding practical ways
to implement energy saving measures in commercial
buildings.
Read more |
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| Monterey, 12-14 Klaassens Road, Bishopscourt,
Cape Town, 7708, South Africa |
Archives:
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'11 | May
'11 | |
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