Property News - December 2020
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.
As the year draws to a close we would like to take this opportunity to wish all our clients, business associates, landlords, property fund managers and valued newsletter subscribers a happy festive season and all the best going into the new year.
Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings, auction and property management requirements. We look forward to being of service to you!
How Covid-19 is accelerating design trends and impacting housing delivery
The Global Residential Index tracks the movement in mainstream residential prices across 150 cities worldwide using official statistics.
POPI stands for the “Protection of Personal Information”, hereinafter referred to as “the Act”. The Act was passed into Law by Parliament in 2013 and was officially enforced on 1 July 2020.
In a downturn, Property Market Values can deviate dramatically from the market “equilibrium” value, a value which can be far lower than market in recessionary times due to strong resistance by the market to dropping values to make the sales.
According to the TPN Credit Bureau, upfront rental payments should be approached with caution. From a landlord's perspective, he or she may be impressed and happy to receive upfront payments for between six and 12 months' rent in advance.