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ESTATE LIVING
1st Floor Lona House
212 Upper Buitengracht
Bo Kaap, Cape Town, 8001

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Jaime-Lee Gardner
jaime@estate-living.co.za
072 171 1979

CREATIVE, DESIGN & CONTENT
Louise Martin
louise@estate-living.co.za
073 335 4084

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Good news for real estate industry as GDP returns to positive growth

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.

Island style

The Islands is a revelation for those who equate Hartbeespoort and its surrounds with golfing – it’s a slice of European-style marina living.

Customer complaints & social media

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

South peninsula

Cape Town is South Africa’s most scenic city, and the South Peninsula is arguably the most scenic part of the city, so it’s not surprising that savvy people have – for ages – put up with the long commute in order to live in this little slice of paradise.

Property Development and Section 12J

The Section 12J tax allowance has introduced an exciting new asset class that has attracted over R6 billion within a very short period of time. Let’s explore how this can benefit developers.

Effective utility management guides estate managers through rough economic seas

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%.

Future proof

As AI, big data and smart homes become a lived reality, what are residential estates doing now to make that future happen?

Being reasonable

Most community associations seek to enforce their rules while still maintaining a harmonious community that the residents view as a desirable place to live. At times, though, these goals seem to be contradictory, and strictly enforcing the rules can result in controversy.

Do HOA’s have teeth?

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.

Protecting your investment with insurance

Your home is likely to be one of the most valuable assets you will own. While you put a lot of time, effort and money into making it the ideal home, it is equally important to keep yourself informed on how well this investment is protected.

Estate living: getting ahead in today’s risky property market

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.  

How to find the luxury in city living

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.

What deteriorating municipal infrastructure means for residential estates

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.

UNICITI: a vision for education on the west coast of Mauritius

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.

A footpath named desire

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.

Affordability and funding of technology to secure estates

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.

Hartbeespoort havens

Blue water, a beautiful mountain, a bustling food scene … no, it’s not Cape Town, although it’s easy to see why inland-dwellers consider the
Hartbeespoort area the next best thing to a beach. 

Insight into Capital Reserve Fund management

Capital Reserve Fund Management: As trustees and community managers what should we be asking ourselves? Pro admin shares their thoughts:...

Keep it Clean

Probably one of the most difficult issues facing estate managers is waste management. It’s a truly Sisyphean endeavour – just...

Fire Risk Management for Estates

Every time we hear stories of veld fires, we are alerted to the very real danger to our homes of...

The Next Chapter

ARC (Association for Residential Community), proactively supports Homeowners Associations and Bodies Corporate, their management teams and trustees, to establish, maintain...

The Long-Term Value of ETFs

Remember the fable of The Tortoise and the Hare? The one where the arrogant hare thought that he could so...

Evergreen Sitari

A recently concluded joint venture between Evergreen Retirement Holdings and the Uvest Property Group will see the development of Evergreen...

Best Practices: Security for Community Associations

Of the many good reasons for moving to a residential estate, the one most often cited is security. Residential estates...

Best Practice: Strategic Planning for Community Associations

No matter how well things are going, you can’t just sit back and hope the situation will continue, and when...

Going Green is Profitable

It’s good business to protect natural areas within your housing estate, not only because they make it a nicer living...

An Introduction to Community Association Living

What is the role of a community association? What’s the difference between sectional title and freehold communities? And how does all this work? These questions and others are answered here.

Forward thinking: understanding the importance of planning ahead

Before deciding to invest our hard earned money on the JSE we spend countless hours researching the company that we…

Improving an estate’s ability to function

Levy income is the lifeblood of any estate, and ineffective management and collection of funds can have a crippling effect...

Short term letting within community schemes

Many people buy into residential estates and sectional title developments for investment purposes and, with economic pressures being what they...

HOAs may be preserving communities to their death

Forming homeowners associations (HOAs) has become second nature to developers. But handing a development over to the HOA has often…

New Jozi developments may have to include affordable housing

Johannesburg’s proposed new housing policy, which recognises the need for developments to yield a profit, may turn out to be…

Work hard, work fair, nobody hurt

Author: T van Staden – attorney specialising in health and safety legal compliance Construction is a hazardous endeavour, so here’s how…

The good the bad and the ugly – liferight explained

Great movie, and an awesome title. But I would have done it the other way round – the Ugly, the…

Estate and Facilities Cost Reduction

Market conditions have pushed cost control to the top of most meeting agendas. How do we survive in tough economic…

The use of golf carts in estates

The popularity of golf carts has risen dramatically in recent times, with golf carts now being used beyond golf courses…

Size counts

One of the main reasons people move into residential estates is to recreate the sense of community typical of villages…

Occupational health and safety act (OHS)

At a recent health and safety workshop, the question of contractor responsibility was raised in cases where the homeowners’ association…

Transparency – the first rule of thumb for property agents in difficult times

When times are good, pop the champagne. When they’re bad, really bad, open up and share the burden The life…

HOA Governance

As described in my previous article on governance (see Estate Living, Issue 25), conflicts of interest abound at board level….

Securing your Information: Arabella Country Estate’s Protection of Personal Information Act Project

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.

Do due diligence before investing in an estate

More and more South Africans are evaluating the feasibility and advantages of investing in residential communities. Large mixed-use developments are…

Knysna Lifestyle Estate: A retirement estate that’s big on lifestyle

Situated in the picturesque harbour town of Knysna, in the heart of South Africa’s famous Garden Route, sits the Knysna…

A Delicate Balancing Act

How should a homeowners’ association optimally compose its balance sheet to minimise levy increases? HOAs are on the horns of…

The nuts & bolts of an HOA

So now you are part of a Homeowners’ Association. The main function of a Homeowners’ Association (HOA) is to enforce…

Water & Estate Living

The worst drought on record still has the Western Cape in its deadly grip. Fortunately, reasonable rains have fallen over...

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Mdluli Safari Lodge

Investing in a Section 12J offering is not a short-term undertaking so, while the numbers are important, it’s probably a good idea to buy into something you can believe in – something that talks to your heart as well as your financially-oriented head. Mdluli Safari Lodge may well do that.

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Sitari Country Estate

Sitari Country Estate – a prestigious, award-winning lifestyle estate located near Cape Town – has shown an impressive buyer interest, with more than 926 properties to the value of just over R1.286 billion sold within 56 months. The lifestyle that can be enjoyed at Sitari Country Estate is a clear indication of why this estate is so sought after.

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Royal Victoria Residence

Royal Victoria Residence is located adjacent to the jewel in the crown of major regeneration projects – the GBP1.7 billion Asian Business Port (ABP) Enterprise Zone, a new centre for commerce and a springboard for Asian investment into London and the UK.

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Dainfern Golf Estate

Dainfern is a mature, secure Golf and Residential Estate which has evolved over 1200 homes since its inception in 1992. The Estate offers an unparallelled lifestyle and recreational experience centered around the Gary Player designed golf course.

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Servest Security

Security is more than just creating a barrier and controlling access. It’s a relationship that – at its best – so seamlessly integrates vast amounts of data that it almost seems not to exist. And that’s what we at Servest pride ourselves in – creating whole-view solutions for every aspect of your estate’s security.

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Nedbank

For most of us, the financial and economic mayhem caused by the 2009 global financial crisis is little more than a distant, mildly painful memory. However, given that the crisis had its roots in the unethical granting of credit by some larger international financial institutions, one of the lingering consequences of the so-called credit crisis is that banks are now a lot more diligent when it comes to checking whether people should be receiving credit or loans, and if so, how much credit they should be getting.

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PrimaCare

Primacare.co.za provides Adjustable beds, Hospital Beds, Home care beds, mobility scooters, patient lifters, patient hoists, bath lifters, oxygen concentrators, alternating pressure mattresses, anti-bedsore mattresses, ripple mattress, Walkers, Rollators, Mobility aids, wheelchairs, electric wheelchairs, wheelchair cushions, wheelchair ramps, power wheelchairs, riser recliners, grab rails, bed rails, shower aids, commodes, toilet aids and Much More – throughout South Africa!

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IP Global

IP Global is a property investment company that provides straightforward access to international real estate with the potential for strong capital growth and rental yields.From initial research and acquisition through to a full lettings & management service, including guidance on your exit strategy, they assist throughout the entire investment process. They understand the power of leveraging, and help you to structure your investment optimally, including the nitty-gritty tax implications.

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