Conradie Park, a new mixed-income, mixed-use housing development in Cape Town, has been launched for sale to the public. Its marketing campaign lauds its ‘affordability, sustainability and security’, but how exactly will it be funded and maintained in the long run?
Corporate social investment is a great way for companies – and for estates – to give back to the community. But, while any CSI is a good thing, there is a huge difference between merely diverting funds to a good cause and actually getting involved with the community on a person-to-person basis. The former – at best – improves living standards for the target community, while the latter builds real relationships that can grow into an ongoing circle of benefit.
Under capitalism, the argument goes, it’s every man for himself. Through the relentless pursuit of self-interest, everyone benefits, as if an invisible hand were guiding each of us toward the common good. Everyone should accordingly try to get as much as they can, not only for their goods but also for their labour.
As South Africa becomes more water-stressed, many home owners and estate managers are considering replacing lawns with artificial turf. Each option has its advantages and disadvantages, so you need to look carefully at how the two options stack up against each other in terms of eco-friendliness, durability, and convenience.
Marina Costas of BBM Law is offering free telephonic or Zoom 30 min conversations from Thursday the 2nd of April until the end of lock down from 11 am – 1 pm. All Trustees can join one meeting and ask top of mind questions around the implications and requirements of the lockdown on Sectional Title Schemes.
We are moving into uncharted territory with the countrywide lockdown, with many people not entirely sure what is and is not allowed. And, for people living in residential estates, the additional question arises: ‘Where does my home begin and end?’ We asked Marina Constas, a director of BBM Law, to clarify some widely held concerns and uncertainties.
Okay, it’s official. COVID-19 is a pandemic – and it’s caused a national and international emergency. This is serious, and – yes – there is a risk of contracting the disease, and even of dying from it. But is this really the biggest risk? As with many things, it is easier to see the problems ‘out there’ and ignore the ones in our heads. So, while I’m not for one moment denying the seriousness of COVID-19, let’s look at the real risks.
Single moms have become a force to be reckoned with in the property market. Developers who want their estates to appeal to this growing demographic will need to keep in mind factors such as security, open spaces, schools and modern living units.
It’s old news that sectional title schemes need to establish and maintain a reserve fund that is separate from the administrative fund. Most bodies corporate have done so, and have built the fund up to meet the requirements. And some are now sitting on large sums of cash, and may even have a surplus of reserve funds. So investing this surplus makes good financial sense, but it must be done cautiously and with the preservation of funds as a priority.
Most of us can point to the black stuff growing in our shower and say: ‘That’s mould.’ Fewer people can say what mould actually is. There are thousands of different species of mould that all spread through spores. Some of these moulds can cause significant health concerns, ranging from allergies to asthma attacks, and even fungal infections in immunocompromised people. Understanding what mould is, and how it grows, is the first step towards preventing it from growing and spreading in your home.
Living in an estate is typically a pleasant experience, with a strong sense of community as well as an idyllic lifestyle. Unfortunately, problem pets can easily disrupt this lifestyle. They can be noisy, disruptive, smelly, and can even cause physical harm to other residents. And, in some cases, the owners appear to be oblivious to the problems their beloved pets are causing. These situations often lead to tensions in the complex, especially if the owner is unwilling or unable to resolve the issue.
As managers, we are sometimes so concerned about the outward signs of effectiveness – whether all the boxes have been ticked – that we often don’t notice that our employees are just going through the motions. For real effectiveness, and a staff that actually enjoys coming to work, we need to manage from the heart – for the heart.
The Property Practitioner Act is a new piece of legislation that, once it is signed into law – probably mid-2020 – will replace the Estate Agency Affairs Act of 1976. Its main purpose is to establish the Property Practitioner Regulatory Authority (PPRA), which will replace the Estate Agency Affairs Board; to regulate the affairs of all property practitioners; to allow for transformation in the property sector; and to provide for consumer protection.
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.
We tend to think of compost as a huge heap in an obscure corner of the garden – something that needs to be strenuously turned regularly, and that can generate enough heat to warm bathwater or possibly roast a chicken. Well, that is the traditional method, and it may well be the most biologically efficient way to compost, but there are much neater, smaller, more user-friendly options, some of which can even be used indoors.
Most residential estates in South Africa today have invested in high-tech security solutions to make sure that they can offer residents much-needed peace of mind. However, when it comes to maximising the benefits of app technology, South Africa is still somewhat lagging behind.
Humans or robots? It sounds like the sort of choice you’d only have to make in a sci-fi movie, but for more and more estate security managers, it’s a very real dilemma. The advances in digital technologies – including Artificial Intelligence (AI), Big Data, automation and machine learning – have made it possible to employ a full-service security force staffed entirely by non-humans.
REDi was founded just a week before Christmas of 2003, the intent being, as founder Deon Basson is often heard saying, ‘to do something remarkable’. So we created a business based on our strengths and interests, which have always been property, technology and entrepreneurship.
Can estate managers use personality tests like Myers–Briggs to create (and manage) better teams, boards and bodies corporate? Despite widespread scepticism, more and more organisations are using personality tests like the Myers–Briggs Type Indicator (MBTI) to create and manage their teams. Should you?
The sharing economy might just revolutionise all aspects of estate living, ushering in a less expensive, more connected way of life. Just a few years ago, it seemed as though shoppers had embarked on an acquisitive drive that would have no end. Consumerism had reached precipitous heights: the more one had, the more one needed. Houses were bursting at the seams as people responded to ads pushing more, more, more.
It’s good business to protect natural areas within your housing estate, not only because they make it a nicer living space that can command a higher property price, but also because the functions they provide have monetary value for both you as the property owner and also the municipality within which you live.
The Net Zero Carbon Buildings Commitment puts extra responsibility on developers to reduce their carbon footprint, right from the planning stage. As more signatories add their names to the Net Zero Carbon Buildings Commitment, South African developers are reflecting on what it means for them – and for the building industry.
Converting leads into sales is the most important element of ensuring the success of your development, so it’s worth streamlining the process. When selling off plan, it is important to remember that you are doing just that … selling a plan, a concept, an intangible future. And, without those sales, there is a good chance that your development may never get off the ground.
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.
Estates in the residential community industry and all ARC members will have heard by now that we have established the Residential Communities Council (RCC), which has been successfully registered with CIPC as a non-profit company (NPC) that will pursue the objectives as defined in the MOI.
Effective communication in a world of information overload and instant gratification is difficult to achieve. But this becomes even more challenging when the accuracy of the information on which these communications are based comes into question.
According to an article written by Ravi Kaneriya for the World Economic Forum, studies show that the key to happiness lies in having rich social bonds and meaningful relationships. And being part of a community is a powerful way to build those relationships in a faster, more scalable way.
Great management teams don’t just happen; they are built – carefully and deliberately. Creating an effective management team, which is probably one of the most important functions of boards, trustees and HOAs, requires both discipline and being open to new ways of doing things.
Sometimes, good intentions go bad. When things go wrong, there are always lessons to be learned. Read on. Not all decisions are easy. Be careful not to ignore a problem and hope it will go away. In this litigious world, if you have a question, seek advice. Surround the board with competent advisors. This will make your job easier. What follows are eight real-life examples of situations faced by boards of directors.
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.
The sluggish economy and continued inflationary pressures are taking their toll on the property market in general. According to credit bureau TPN’s latest report, the last three years have seen a steady decline in demand for residential properties, with a concomitant increase in the supply of properties. What’s more, the bureau says vacancy rates remain consistently high at 8.64% with escalations at just 4.85%. Most worrying for estate and property managers is that tenant good standing numbers continue to decline, with a current level of 81.8%.
The gardens, areas of natural vegetation, rivers, water features, paths and even parking lots on your estate are all part of your ‘shop window’. So they need to be beautiful – and also sustainable in every sense. That’s where Servest comes in – creating beautiful spaces that enhance your estate both aesthetically and environmentally.
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.
As with anything in life, knowledge is power and in today’s risky economic climate, investors need as much as possible to make bold, calculated investment moves that yield great results. Cue Estate Living, South Africa’s leading resource and specialist consultancy within the community living environments. Masters at building relationships and identifying new opportunities, Louise Martin and Jaime-Lee Gardner’s innovative services are helping investors and developers all over the country to understand their market.
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.
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.
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.
Arabella Country Estate’s Homeowners’ Association (HOA) management have always viewed the protection of the personal information of residents, visitors and other stakeholders on the estate as an important issue.In early 2016, the estate management initiated a project to implement measures to address their concerns and reinforce their strong commitment to good leadership, governance and compliance practices.
Situated in the picturesque harbour town of Knysna, in the heart of South Africa’s famous Garden Route, sits the Knysna Lifestyle Estate.
So now you are part of a homeowners association. But what exactly is a homeowners association, and why do they exist? But what exactly is a homeowners association, and why do they exist? The main function of a Homeowners’ Association (HOA) is to enforce a set of rules, policies and procedures, contained in a document called a Memorandum of Incorporation (MOI) or Constitution, that serve the best interests of a group of property owners. Many HOAs include common property, such as parks and roads, or what is known as common areas.