Property News - January 2018

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.

All of us at PPI would like to take this opportunity to wish you an exciting and prosperous 2018. Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings and property management requirements. We look forward to being of service to you!


International Property - Global Urban House Price Index Records Slower Growth

The slowdown in China’s cities has influenced the index’s overall performance this quarter, but some Indian cities are rising up the rankings says Kate Everett-Allen.

Legal Update - Costs Associated with Buying/Selling Immovable Property in South Africa

Although the Buyer is predominantly liable for the costs of the transfer, THE SELLER also has to provide for certain costs. The general/standard costs associated with PURCHASING a property are the following:

Community Schemes Ombud Service - Paddocks announces free online CSOS dispute resolution guide

One of the primary services the Community Schemes Ombud Service (the “CSOS”) provides, is quick and inexpensive dispute resolution for people involved in community schemes. However, few people know the types of orders they can apply for and the processes involved in a CSOS dispute resolution.

Property Development - Major Investors in the attractive KwaZulu-Natal Property Sector

Durban may contribute 14% of South Africa’s Gross Domestic Product (GDP) but it doesn’t have 14% of the big property players active in the market. To attract these companies, it is important to deliver the message that now is a time of great investment opportunities. That’s according to Chris du Toit, the newly appointed Commercial Head for Tongaat Hulett Developments. 

Health & Safety - FTS Safety Group increases its footprint with top regional award

One of KwaZulu-Natal’s leading suppliers of safety equipment, FTS Safety Group, received a notable accolade for its dedicated performance this year at the BBF Awards’

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