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Welcome to
the March 2011 Pam Golding Property Group
Newsletter
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Dr
Andrew Golding,
CE, Pam Golding Property Group |
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Against a backdrop of
the lowest interest rates in 30 years,
coupled with rising business confidence,
which in the first quarter of this
year (2011) is at its highest level
in over three years, the growing optimism
in South Africa’s economy continues
to gather impetus – despite
the fact that rising fuel prices signal
impending increased inflation.
Never before has the oft-said statement
that now is the right time to acquire
property been more relevant, as indeed
there are still good buys to be had,
particularly as property prices in
the main have remained relatively
constant over the past year or so.
Having said that, prices are on the
increase – albeit reflecting
modest growth, and there are many
areas or locations where properties
continue to achieve sound growth in
value, and will continue to do so,
making the case for investment in
property as valid as ever. |
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In this newsletter, we look at the effects of
the recent national
Budget on the property market, with
the reduction in transfer duty having the most
positive impact on this sector. In addition, the
sliding scale according to which transfer duty
on property is levied now also applies to companies
and trusts, providing a further boost for investment
in property.
We also provide details of the Pam
Golding Private Office, a specialised
and personal service tailored to meet the requirements
of our most discerning, high end clients, many
of whom have a portfolio of properties located
both nationally and globally.
In addition to showcasing prime property investment
opportunities across the various sectors, encompassing
residential, international, hospitality, agricultural
and commercial property, we are pleased to note
that developers continue to re-emerge in the marketplace,
demonstrating further confidence in the property
market’s continued recovery.
In this regard we look at the recent launch of
Wexford Place,
a new boutique development in Vredehoek in Cape
Town’s vibrant City Bowl area. This designer
building has high appeal for young singles or
couples who thrive on being within easy reach
of a buzzing cosmopolitan hub such as Cape Town’s
city centre - with its numerous attractions, while
enjoying the quieter suburban residential location.
Developments such as this also have sound investor
potential as they cater for a steady demand for
rental accommodation from those working in the
city and nearby vicinity. |
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Pam Golding Properties Launches
‘Private Office’ -
PGP recently launched the Pam Golding Properties
Private Office, which has been born out
of the desire to combine the highest standards
of discreet, personalised service with an
extensive network, experience and skills
in meeting the needs of this niche market.
Read
more |
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| Editor’s
Top 5 Rentals - These top 5 long-term
rentals have been selected with key attributes
such as price, value for money, convenience
and location. These rentals are located
in Camp’s Bay in Western Cape, Fourways
in Johannesburg, Silver Lakes in Pretoria,
Fancourt in Garden Route and Somerset West
in the Winelands. View
them here |
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Limited Special Offer - Eden Island, Seychelles
- Eden Island villas offer a unique
living experience. This villa is immaculately
designed within the creative parameters
of the Seychelles vernacular and features
lofty, open spaces with large windows and
doors that open onto a sweeping ocean-view
veranda with private, sparkling pool. Read
more |
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| Hospitality
Properties For Sale - In this issue
we present great hospitality properties
located in Knysna in Garden Route, Klerksdorp
in the North West, Newlands in Western Cape,
Salt Rock in North Coast KZN and Ladysmith
in the Battlefields area of KwaZulu-Natal.
Read more |
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| Farming
in the Karoo - The large interior
of the three Cape Provinces and the Southern
Orange Free State is dominated by the expanse
known as the Great Karoo. The region is
fast becoming one of the preferred farming
areas in South Africa where the agricultural
sector is dominated by that of livestock
farming, which produces 85% of the countries
needs. Read
more |
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| Key
Growth Nodes in Gauteng - Infrastructural
changes and public transport improvements
nearing completion in and around Gauteng
are having a positive impact on those working
in the Johannesburg CBD and living in surrounding
areas. Johannesburg inner city is emerging
as the most important public transport hub
in Gauteng. Read
more |
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