More and more South Africans are evaluating the feasibility and advantages of investing in residential communities. Large mixed-use developments are sprouting up all over the country, and buyers are opting to invest in a secure lifestyle estate, where a return on capital is highly probable.
The FNB Property Barometer reports that the number of new townhouses and apartments nationally accounts for 60% of all new stock on the South African property market. This is a significant increase of almost 50% in just the last three and a half years; previously reported as 29% in 2015, and 13% in 2000.
The value of a tax-free savings account (TFSA) is seen in the long term. Once the investment is sizeable enough, the tax-free aspect becomes noticeable on the growth. It may not make sense for you to open a tax-free investment for yourself, but starting one for your child could be a fantastic idea.
Why choose between buying something beautiful and buying something useful when you can do both at the same time? Designer and artist William Morris once wrote: ‘Have nothing in your house that you do not know to be useful, or believe to be beautiful.’ Functional art combines both these directives, giving you the best of both worlds.
Joburg is fast becoming a megacity, but how does it compare with existing African megacities for return on investment? Cairo, Kinshasa and Lagos all carry the status of megacity – cities with a population of at least 10 million inhabitants. Fast on their heels are Dar es Salaam, Luanda and Johannesburg, which are predicted to attain the status of megacity by 2030, according to the United Nations.
As Gen X hits 50, existing and planned estates need to re-evaluate their position on retirement, and on multi-generational living. As the oldest of the Gen Xers are turning 50, and watching their baby boomer parents ‘raging against the [dimming] of the light’, they are starting to ponder their own mortality, potential morbidity and – shock, horror, gasp – old age!
Watch: Louise Martin, COO of Estate Living, and Dirk Uys of the magnificent Arabella Country Estate discuss three of the challenges estates and their management team face today with Dirk Uys
Watch: What do you look for in a top-class, well-aged red wine? Style, certainly; body and taste, definitely; but also the subtle, understated excellence that comes to great wines only when they begin to mature; an excellence that reflects an impeccable track record.
Positive news to emerge from Statistics SA today is that South Africa’s Gross Domestic Product (GDP) grew 3,1% in the second quarter of 2019 (to end-June), compared to a decline of 3,1% in the first quarter.
Which processes, procedures, and best practices keep a successful older estate at the top of its game? Marina Martinique – a unique Cape-Caribbean-style estate consisting of 384 residential stands and 475 units in group housing developments – is built around a lake and seven kilometres of constructed canals that lie three metres above sea level, and whose water is pumped in from, and flows back into, the ocean.
On the slopes of the Helderberg Mountain in Somerset West, the prestigious Erinvale Country Estate and Golf Club, which will be celebrating 25 successful years in 2020, was one of the first residential golf estates in South Africa. To find out what the ingredients are for this success, we chat to Kerstin Dinklage, Erinvale HOA trustee responsible for marketing and communication.
Not so long ago, if somebody wanted to have their complaint heard, the best options were to write a letter to the newspaper (and hope that it would be published) or dial into the radio. now, in the digital age, everyone has a voice. Never before has it been easier to have your concerns or thoughts heard – no matter how insignificant or trivial they are – and that has implications for estate managers
The world is facing a climate crisis. A young Swedish schoolgirl is now leading a global campaign of defiance driven by school children. The world has just experienced the hottest July ever recorded, even while a vocal segment of the chattering masses in leading economies like the USA believes that the science underpinning global warming is a massive hoax perpetuated by scientists who are – somehow – conspiring to make money.
Projectprop, which owns Leloko Lifestyle and Eco Estate in Hartbeespoort, is seeking a solid new buyer, or buyers, for this idyllic estate following a resolution by the shareholders to disinvest in the company through the sale of all of their shares.
Policies, procedures, our governing documents and our rules and regulations are binding on members who choose to buy into a homeowners association or sectional title scheme. But, of course, the directors, trustees, management, and the members themselves have to ensure that these are lawful, consistent and fair, and that they protect the common interest of the community at large.
There comes a time in everyone’s life when simple day-to-day tasks become overwhelming and difficult to deal with; when confidence levels start to wane, and cooking becomes a frightful chore. Thankfully, most retirement estates offer a wide variety of assisted-living options – just what you need when that helping hand is required.
Travel – whether for business or leisure or both (bleisure?) – can be extremely exciting. But it comes with its own set of risks. According to short-term insurer, Travel Insurance Consultants (TIC), a division of Santam, it is wise to prepare for the unexpected by getting travel insurance before your trip and understanding exactly what you are protected against so that you have enough cover for any eventuality. Some of the other most claimed for travel events are pre-existing medical expenses, cancellation of journey, luggage loss and travel delays.
We hear every day that 70 is the new 60 and that with advances in medical science people are living longer. Looking at this realistically if I work to age 60 but live to 90 I will have approximately 40 years to save up for a 30 year retirement.
Some of us get the idea of “Joburg luxury” completely wrong: We see ourselves in the car of our dreams driving down William Nicol on the way to work. When in fact, real city luxury (or perhaps even city happiness) could be found not when you upgrade your ride but when you shorten your commute. Living closer to work does not only add more time to your day and more buck to your budget, but recent research shows that it can also improve your overall wellness.
Not a day goes by without one hearing of some municipal crisis somewhere in the country. These range from banal but extremely annoying stories of billing crises, lack of budgetary control and bloated bureaucracies to the horror story unfolding in Emfuleni, where total collapse of the municipality as a functional entity has unleashed a tsunami of raw sewage flowing unabated along the streets and through the buildings, as it makes its way to the nearest river.
The Medine group, a century-old key player in the local sugar industry with a land bank of over 10,000 hectares, launched its Education Village in 2012 in the region of Pierrefonds as part of its diversification strategy. This campus has been designed to host a selective cast of world-class and internationally recognised institutions across different fields of study.
The secret to successful property development is spotting opportunities before others do, seeing potential in a place where others don’t. It’s about taking the gap, thinking out of the box, and a whole lot of other clichés. And that’s just what Dennis Hope did more than three decades ago.
A development is not a residential estate – it’s a place with houses in a greater or lesser stage of completion. But there comes a time when the developer steps out, and the homeowners association steps in – and from that moment, the estate becomes a community – a place where people live.
In a worryingly flat property market, developers are facing an ever-growing challenge to find value-adds to help them move units.
The South African National Biodiversity Institute’s awesome online resources make finding information about the living world around us a genuine pleasure. And if you’re a gardener, developer, or estate manager with a special interest in indigenous plants, it’s a treasure trove almost as rich as biodiversity itself.
Combining a successful land claim, community development, hard-nosed economic opportunity, responsible conservation ethics, and a fabulous tourist destination, Mdluli Safari Lodge is a win-win-win-winner.
By some estimates, South Africa has a housing backlog of about 2.3 million, and that number grows by about 178,000 houses a year. Despite the country’s sophisticated banking system, busy property market, generous impact investment projects and advanced construction industry, neither the public nor private sector has been able to catch up that backlog.
One of the most enticing features of WhatsApp is its offer of end-to-end encryption. This has ensured that our most personal conversations, and our treasured photographs of children and grandchildren, would be safely sent to family members and friends in a closed and safe communication loop.
The future of ‘Smart’ everything – leveraging digital technology to do just about anything more efficiently – is inextricably linked to our ability to ‘connect’ via the internet. ‘Smart’ anything and ‘Smart’ everything will depend on a frenzied exchange of data with, within and between people, entities, things and machines. The actual connection required for this exchange – in terms of speed and accessibility – will be as critical as available and adequate bandwidth is, or we risk losing out on the next wave of the internet. The Fourth Industrial Revolution is what the gurus the world over are calling this next wave.
When you look at them closely, the gardens and protected wildlife areas on your estate probably host an astonishing number of different plants, insects, birds, and even reptiles and mammals. Your observations about the natural world around you can be enormously helpful to scientists – and collecting data can be a lot of fun, and a great way of building your community, too.
Developers, HOAs, municipalities and the management of all manner of complexes, schools and campuses are learning that there are some things you just can’t fight. Put up as many ‘Keep off the grass’ signs as you like, people will take the shortest (or most convenient) path to get to where they’re going. So, the smart ones are giving in.
Retirement is the new buzzword in the residential development market, but building a retirement village is an enormous undertaking with huge implications – it’s a much bigger deal than building a golf or eco estate. So, is there room for small investors to cash in on this profitable sector?
What are the key drivers for the buyers in residential estates and how can a security service provider support estate managers? The impact of security risk at residential homes in the form of violent crime and burglaries, has fuelled the growth and development of residential estates to meet the upward demand.
Gardening in the driest or windiest parts of the country? Xeriscaping may be the system you’ve been looking for. We’ve all heard about water-wise gardening – the practice of choosing, grouping, and placing plants according to their watering needs in order to maximise the efficiency of the little water you have.
Seeking secure retirement community living but for under R2 million? There are surprisingly many options. Today’s retirees are quite a young lot, living active, lock-up-and-go lifestyles that often set a fine example to the generations after them, but not all of them have R3 million or more to invest in a contemporary home on a lifestyle estate.
Have you planned sufficiently for your retirement? It’s about a lot more than finances – you also need to decide where to live. Retirement isn’t what it used to be. Slowing down and putting one’s feet up is no longer the “default setting” in later life.
Wherever in South Africa you live, it’s probably freezing, so you’ll be thinking of escaping to somewhere warm – possibly with turquoise water, waving palm trees and snow-white sand. But then, come summer, you may head north to go skiing. It just shows how out of touch we can be with the seasons. But we don’t have to be.
Trudging around the golf course and playing tennis are ‘like so yesterday …’ your teenagers say, rolling their eyes skyward. Followed by a ‘there’s nothing to do here’ as their fingers tap the keys and the mayhem of one of a dozen blood-and-gore-filled computer games continues. This lament can be heard from tweens, teens and young adults the world over – gone are the days that residential estates could get away with the bare essentials of outdoor activities like (indoor or outdoor) gym, jogging and MTB trails, and a pool. The youth of today are way more demanding, and as parents and estate developers we need to take heed.
The Internet of things (IoT) has become a hot topic of conversation with technical, social and economic implications. It is a concept that not only has the potential to influence how we live, but also how we work and play. Projections for the impact of IoT are notable, with some anticipating as many as 100 billion connected IoT devices, and a global economic consequence of more than US$11 trillion by 2025.
Hardly a day goes by without the future of South Africa’s power grid making front-page news. Keeping the lights on, and sustainably, is a favourite topic around the dinner table, whether you live in Port Elizabeth or Pearl Valley.
We’re all getting older – it’s just part of the cycle of life. And with no fountain of youth or magic chocolate bar to cure us of our ailments, we’ll just have to make do with ageing and the added health issues that arise.
It’s Youth Month, when SA focuses on the 38% of the population aged between 18 and 35. But there are two distinct generations of consumers represented within that cohort, and they have very different ideas about real estate. Generation-Z, born between 1995 and about 2010, are the world’s “digital natives” who have been exposed to the internet, social networks and streaming media their whole lives, and they are proving to be very different from the Millennials born between 1980 and 1994 – especially when it comes to their views on real estate.
Planning for retirement can be both exciting and scary. Exciting in the sense that you’re planning for a life event that is spoken about so often throughout your life that it’s really a milestone and period to look forward to. Scary though, as you never know whether you’ll have enough since it’s impossible to predict the future. So much could go wrong in our economy and even if you’ve invested offshore, nothing is certain.
Empowering first-time homeowners with a one-off government-funded subsidy . The Finance Linked Individual Subsidy Programme (FLISP) offers an amazing opportunity for qualifying individuals to own their first property. It’s unfortunate that the details and implications of FLISP are not commonly known, and that there are some misconceptions about its process and value. The benefits, however, are huge, and estate agents and those involved in financing have a crucial role to play in educating prospective buyers and assisting in the process.
Thirty years ago I attended a lecture in Minneapolis USA by a Dr William Bridges on change and transition. Change he said is what happens in the real world but transition happens in the mind. When planned change fails its usually because people have not made the mental transition to accept the change. He offered a simple way to understand transition by breaking it into three stages. Stage 1 is all about making endings and letting go. Real change he said must begin with an ending, counter intuitive isn’t it.
You can have it all – live in the country with wide-open spaces. Perfectly balancing freedom and space with top-of-the-range, AAA-rated security, Monaghan Farm offers safe, secure country living – a place to breathe, relax and wind down. A place to bring up a family in a nurturing environment without the hustle and bustle of city life.
If an endless supply of pasteis de nata isn’t enough to entice you to relocate to Portugal, perhaps the favourable quality of life, cost of living and friendly investment and residence programmes will do the trick. Portugal has become one of the most sought-after destinations for South Africans seeking to relocate, largely because its investment opportunities and Golden Visa regime make it one of the easiest European Union countries to secure residency and citizenship – simply by purchasing property to the value of €500,000, provided certain conditions are met.
Facial recognition – whether it’s a passing fad, or the next big thing, one thing is sure: everyone has an opinion – good, bad, delighted or furious.
Community. What a nice concept. So simple. So appealing. And so elusive for residents of so many common-interest ownership developments that are communities in name only. A collection of residents who share ownership but nothing more may form an association, but they do not create a community by any definition of that term. True communities – living, breathing, vibrant communities – are not born, they are built, and the community association board is the primary architect in that construction process.
The Eastern Cape is a friendly and endlessly fascinating province – especially if you’re a fan of wild places – and its residential estates reflect its amazing diversity. There’s literally something here for everyone.
The Eastern Cape is a region of extreme diversity. Pristine beaches rub shoulders with forest-clad dunes, aloes punctuate the sere brown Karoo plains, and the history of Settlers, San and Xhosa communities tells stories of the region’s past. It’s South Africa’s premier malaria-free Big Five safari destination and it’s an adventure junkie’s playground – the highest bungy jump in the world, some of the world’s best surf, great diving, mountain biking and hiking – and it boasts South Africa’s only ski resort.
But it’s not all nature and adrenaline.
“I believe a leaf of grass is no less than the journey-work of the stars.” Walt Whitman. The ubiquitous urban lawn. Where did it come from? Do you really need one? And what do you choose if you do? In the bad old days they used to say you should never interfere with a South African’s lawn – or their braai. And while that’s probably still true for the braai, is it really still true for the lawn?
A promising new treatment for memory loss associated with Alzheimer’s, ageing and depression was presented at the American Association for the Advancement of Science (AAAS) Annual Meeting in Washington DC on 14 February this year. An auspicious date. If it works, no doubt everyone will love it.
The manufacture and transport of bricks contributes quite a lot to the carbon footprint of a building, which is why some of the finest minds all over the world are looking at alternatives – be it beer bottles, sandbags, straw bales, bag-stuffed plastic bottles, or bricks made from ash, toxic sludge, compressed solid waste, and even cannabis. So it’s pretty exciting that local researchers have come up with a novel, energy-efficient way of manufacturing bricks from a waste substance that usually takes lots of water and other resources to process – and that we don’t usually like to talk about.
The affordable housing market has high demand, low supply, and the promise of long-term investment returns. So what’s the catch? Investing is a long-term game. Gregg Sneddon, the financial adviser who blogs and tweets at thefinancialcoach.co.za, often emphasises this point to his clients: ‘Investing takes time,’ he says. ‘Three years is not “time”.
The almost complete inundation of the city of Beira was in the news for a while, but then it fell away in the midst of newer, more important, or just more entertaining news – Ethiopian Airlines crash, Christchurch mosque shooting, South African elections, a 37-year-old woman successfully giving birth, and David Beckham’s conviction for talking on the phone while driving.
If you’re thinking of retirement or scaling down, why not move to a development with a view? Even if you continue working part-time, which is what many modern retirees do, you’ll probably have a lot more leisure time – all the more reason to have scenic landscapes or city skylines to immerse yourself in and enjoy.
Building a new home, or having your existing one renovated, can be one of the most rewarding experiences. But, for most people, the thought of investing in a fixer-upper or a new build is more than a little overwhelming. The good news is that, with a little help and a lot of planning, it’s definitely possible to create the house of your dreams.
Samsung has been a pioneer in TV design for 50 years. Over that time, Samsung has researched what people love most about TV – the way it brings friends and families together and the many details that amplifies the viewing experience. This knowledge has led to innovation that has transformed how people watch TV and is one of the reasons it has been global number 1 for the 13 years. The 2019 QLED line-up builds on this legacy in a big way.
J AND J REWARDS PTY LTD entered the market in 2014 as an innovative wholesale distribution company. Founded by a young Belgian and American, we pride ourselves on sourcing quality products at a great price. We visit up to 4 international trade shows a year to make sure we never fall behind when it comes to tech focused products worldwide. With an office based in Shenzhen, China, J AND J REWARDS has the ability to source, test, and brand products at the highest levels possible. Our head office and warehouse in Cape Town distributes seamlessly to every end of Southern Africa.
Sitari Country Estate situated just outside Somerset West has been a remarkable success story, with unprecedented buyer interest and 926...
On April 23 2019 Samsung announced that its 2019 TV line, including new QLED 4K and 8K models, are available at select retailers nationwide from May. Powered by Samsung’s proprietary Quantum Processor, the 2019 QLED TV line-up features more screen size options, stunning picture quality enhancements, dazzling colours from every angle, exciting new design elements and intuitive smart TV upgrades.
Samsung announced today that its 2019 QLED TV line-up will offer a brand new Ambient Mode that is designed to display various content including world-renowned works of art, even when the TV screen is turned off. Through the Ambient Mode, a variety of content like daily news headlines, weather updates, photos and music can be accessed from the TV screen.
There’s so much to consider when you’re buying a home, not least because of its investment potential. Having said that, you don’t want to buy something just because it makes financial sense and then find you don’t like living there, or possibly worse, follow your heart and find you’ve made a bad financial decision.
Most lifestyle estates strive to create a sense of community, yet few succeed. So, how has Kyalami Estates managed to get it right? Wander through any of the events that Kyalami Estates host annually and you’ll notice that almost every resident stops on their way to greet their neighbours. It’s the kind of collegial atmosphere that most residential estates try to emulate but, although they might achieve friendliness, cohesiveness often remains just out of reach. Yet it appears to be an integral part of the Kyalami Estates character; indeed, it’s one of Estate’s defining qualities.
If you’re considering an offshore investment property, it’s best to partner with a company who understands the intricacies South Africans will face, the pros and cons of the markets you’re investing in, the local conditions that might affect your decisions, and the international laws and considerations you should be aware of. Take a look at how IP Global can help you to expand your investment portfolio across borders.
So you want to go on holiday without neglecting your exercise habit, and maybe get out into nature for a good cardio workout. An unspoilt location, good food and wine, a decent bed and a shower at night are essentials. Pretty flowers, wildlife and interesting cultural attractions are a bonus. And you’d prefer for someone else to take care of logistics. Is that too much to ask?
Whether you’re a first-time buyer, a reluctant renter or a wannabe holiday home owner by the sea, buying property requires some thoughtful planning – and with so many factors to consider, not least the political and economic climate of the country, it’s hard to know where to start, but we are confident that Pinnacle Point Estate will amaze and impress you beyond your wildest dreams.
Johannesburg City Council is driving an initiative to restore 84 buildings in the CBD to provide efficient, contemporary accommodation for city dwellers, and tenders have been awarded to various developers who’ve now started this visionary transformation of some of Jozi’s oldest residential hubs.
Arabella Country Estate, one of SA’s leading lifestyle and golfing residential estates situated along the Bot River Lagoon in Kleinmond, is reaping the rewards of their long established water and environmental management plans despite the current drought conditions plaguing the country and the Western Cape in particular.
In a constrained economy like that of South Africa, the possibility of new construction projects is limited. This, along with the rapidly increasing cost of living as a result of the increasing cost of fuel, the inflation rate, and the VAT hike of 2018, has put pressure on consumer spending. That’s the bad news. Here’s the good news.
An important consideration when investing is the state of affairs in the region you are considering investing in – and this goes beyond the obvious financial and political considerations. Ask questions about the sustainability of the region’s energy and water sources, its waste management policies as well as its biodiversity conservation. With all considered, South Africa still ticks most of the boxes for being a desirable region to invest in.
South African design is going places. Porky Hefer’s installations and furniture designs, Andile Dyalvane’s ceramics, Rich Mnisi’s fashion and furniture designs, and Dokter and Misses’ furniture and product designs are just some local pieces increasingly rocking art fairs and exhibition halls around the globe.
Museums are not about old crockery, vintage clothes, beautiful furniture, historical photos and rusty farm implements. They’re about stories, but sometimes you have to look hard to find them. And sometimes those stories illustrate an important principle or moral.
The growing move away from suburban residential living to urban living has the potential to unlock a passive revenue stream for investors in a rapidly expanding urban node.
A much coveted tourist destination, the tropical island of Mauritius is fast emerging as a preferred destination for non-citizens looking for an enticing place to retire. With its all-year-round temperate climate, first-class infrastructure and harmonious environment, this rainbow nation with an affordable cost of living has opened its doors since 2006 to eligible non-citizens looking for a stress-free retirement.
Needing some guidelines in managing and loading/cancelling your prepaid meters? Watch the videos below to get some helpful support and insight. Pro admin is one of the founding members of the electricity re-sellers association and is still actively involved in the industry.
Drawing on its existing position as industry leader in the life right retirement community landscape, and leveraging the new financial muscle it developed in its transaction with PSG, Evergreen is rapidly expanding its retirement village footprint and setting new benchmarks for every aspect of retirement living.
Internationally there is a trend towards multigenerational living, where sometimes three generations reside under the same roof – either for convenience or out of necessity due to the rising cost of living and unaffordable property prices.
With over 800 luxury homes, a world-class golf course, a small-craft harbour, a country club including tennis courts and swimming pools, and three restaurant areas, Pecanwood Estate has already established itself as one of South Africa’s premier residential estates.
Caring for the frail and elderly is an arduous task and a responsibility that family members assume without hesitation; coming...
However, there was just 602,000 purpose-built student accommodation (PBSA) properties available in the 2017/18 academic year. This means that over...
In South Africa, the residential real estate industry is geared towards sellers: estate agents represent the interests of sellers, while...
One of the offshoots of the financial crisis of 2007 was that it forced a collision of two very different worlds. According to classic economic theory, wealth and innovation in a society are generated by for-profit businesses, while social change is brought about by not-for-profit, mission-driven organisations.
'Our upcoming studio units in Obs are ideal for first-time investors’ – Rawson Developers’s Brad Morgan Smaller units geared to...
Sixty years ago, it was not uncommon for kids to ride their bikes to their grandparents’ house. Children played outside,…
Presenting breathtaking views of Table Mountain, Robben Island and the greater Cape Town from the gentle slopes of the Tygerberg…
Property partnerships between homeowners associations (HOA’s) and estate agencies came under legal scrutiny when the Cape High Court was approached…
With a passion for planet earth and witnessing the destruction by daily burning of fossil fuels, Dutch designer Ronald Meijs…
Soothing to even the most tempestuous souls, Arabella Country Estate is by far one of South Africa’s most luxurious golf estates. Strategically positioned, less than 30 kilometres from Hermanus and seven kilometres from Kleinmond, the estate sits proudly in a magnificent country setting, at the foot of the Bot River Lagoon. The location is within a transitional zone of the Kogelberg Biosphere Reserve and boasts panoramic views of the Palmiet Mountain Range in the Overberg.
Durban may contribute 14% of South Africa’s Gross Domestic Product (GDP) but it doesn’t have 14% of the big property…
As South African consumers and retailers prepare for the shopping spree associated with the international trend of Black Friday and…
Mauritius is internationally renowned as one of the world’s premier luxury holiday destinations, an idyllic island surrounded by crystal-clear waters,…
Crowdfunding is the natural way forward for real estate development in Africa, and spearheading this model of investment is Realty…
Left to right: Guests enjoying the evening at the BSH Showroom in Cape Town; Quinton Lamprecht (Regional Manager BSH Group),…
Is this the beginning of the end of AGMs as we know them? Residential estates and sectional title complexes are…
There are great weekend locations for a city breaks across South Africa, read more on Sani Top in KwaZulu- Natal, Magaliesberg in Gauteng and Barrydale in the Western Cape.
Basic overview of the building regulations The government introduced its energy efficiency regulations for new buildings in November 2011. The...