Pam Golding Properties Group Newsletter
PGP logoDate: January 2012

Andrew Golding
Dr Andrew Golding
Chief Executive
Pam Golding Property Group

Busy six months of trading encouraging for ongoing activity in the property market

With the Winter Solstice having come and gone it’s hard to believe that the first half of the year is already behind us. The first half of the calendar year has been characterized  by a period of buoyant trading  in the residential property market, with current indications pointing to a continuation of this  trend. Furthermore ,after several years of subdued growth, property values are also rising off the back of a prevalence of stock shortages around the country, as well as a shortage of rental stock available. Renewed interest and positive market sentiment is resulting in buyers in some instances competing with several offers being submitted on a property in the high demand areas.

Developments market improving

Many sectors within the residential market are flourishing . In KwaZulu-Natal, apart from the burgeoning region to the north of Durban, substantial development earmarked for the corridor between Hillcrest and Pietermaritzburg is seeing this area being forecast as the province’s equivalent to the Midrand. With a dry port, container hub, industrial and town centre precincts planned, the KZN Midlands are set to become increasingly popular as a prime residential destination. The ideally situated Eagle’s Ayre Estate, overlooking a nature reserve and within easy reach of Durban and the capital city, offers an easily accessible country lifestyle. Also in KZN, Intaba Ridge Private Game Estate in Pietermaritzburg mirrors a national trend towards secure, gated estate living in a highly desirable location.

Signature property

Fresnaye - R19,95 million

A monument to olde world elegance

The grand proportions of this elegant home are seldom available in this sought-after area.

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In This Issue


Residential Property For Sale

Restored art deco classic for sale in Camps Bay - a perfect combination of elegance and comfort

Residential Property For Rent

How the Consumer Protection Act impacts on fixed term lease agreements - useful facts for landlords & tenants

International Property

La Tourelle Ocean View Villas in Tamarin, Mauritius - Set on the West Coast of Mauritius

Hospitality Property

Important Changes to Immigration Regulations in South Africa - changes explained

Agricultural Property

Booming interest in Karoo homes - reports Pam Golding Properties

Developments

Sales pick up at Intaba Ridge Private Game Estate - The demand for secure estate living

Prestige Collection

Prestige Collection - These are the Top listings from across our portfolio across Southern Africa


 

 
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