Property News - May 2014

 

Welcome to our Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.

 

This month we would like to draw your attention to the article titled: "SA Property - PayProp Rental Index Annual Market Report 2013" which we found to be extremly informative and it gives a good summary of their predictions for 2014.



Articles

Wealth Report - Number of High Net Worth Individuals in Africa to double in next ten years

The number of multi-millionaires in Africa will grow at a faster rate than anywhere else in the world over the next 10 years, according to Knight Frank’s Wealth Report.  



Industry Update - Exploring the impact of the Application of the National Building Regulations and Planning Legislation on Development

The Research and Policy Branch of the Development Planning and Environmental Management Unit of the eThekwini Municipality has commissioned a study to investigate the impact of, in particular, Part XA of the National Building Regulations, relating to energy in buildings, and planning legislation on the pace of development in the province, but focused on the eThekwini region. 



SA Property - PayProp Rental Index Annual Market Report 2013

For the first time ever PayProp is combining our eagerly anticipated quarterly market reports into a combined review of the residential letting market for the preceding calendar year.



International Property - Asian Cities Dominate Global Luxury Property Price Growth

Booming Asian Markets dominates this year’s Prime International Residential Index (PIRI) but some of the cities most affected by the 2008 downturn are now on the road to recovery according to Knight Frank.  



Building Plans - Why should I submit a building plan?

The requirement to obtain approval before building is not just a local authority requirement. This is a requirement in terms of the National Building Regulations and Building Standards Act and applies throughout the country and …


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