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Team Sectional Title covers sectional title in Cape Town South. Sectional title schemes appear most commonly in traditional residential homes in the form of flats, townhouses and apartments.

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Sectional title schemes appear most commonly in traditional residential homes in the form of flats, townhouses and apartments

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Computer Assisted Property Valuation

If you are moving home, getting a reliable property valuation is an essential step in the process.

A property valuation will give you an estimate of how much your house should be worth, based upon a number of different factors.

Even if you are not planning to move home straight away, house valuations remain an excellent tool to indicate a current market value and what improvements could be made should you want to potentially increase the value of your home without over capitalising.

By answering a few easy questions on the current condition of your home, our free property value calculator which uses the latest GIS (Geographic Information Systems) will give you an idea of how much money you could potentially make from the sale of your home.

Unique to Valuator we are also able to reference recent final property sales (selected Cape Town metropolitan areas) that have not yet been recorded in the Deeds Office which makes our report that much more current and reliable!

Get your free Valuator report today!
These reports are free until 1st June 2018

Valuator is a service operated in association with Chas Everitt by:

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Sectional Title 2017 at a Glance

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New South African plug standard is mandatory for new installations

South Africa’s new plug and socket standard, SANS 164-2 or ZA Plug, has become mandatory for new installations, the SABS confirmed to MyBroadband.

This means that any new buildings erected must incorporate electrical sockets that conform to the new standard.

An amendment to the wiring code introduced in 2016 stated that the ZA Plug would become semi-mandatory for new installations in March 2018.

Each new plug point must have at least one socket that can accommodate a ZA Plug, it said.

The amendment came into effect two months early, said the SABS, and from January 2018 all new installations must incorporate the ZA Plug.

The ZA Plug has the same hexagonal profile as the Europlug seen on cell phone chargers but includes an earth pin. It is substantially more compact than South Africa’s three-prong plug standard and has much thinner pins.

Adoption of the standard has been slow, however.

Gianfranco Campetti, the chairman of the working group that looks after the standard, said the industry has been slow to respond and use the standard in essential products.

He said the appliance industry, in particular, has been slow to provide goods with the new plug.

The switch

When the IEC first began development on IEC–906–1, which became IEC60906–1, it was trying to establish a universal plug and socket system.

Despite its efforts, commercial and political interests caused the standardisation initiative to fail in Europe – and Brazil and South Africa are the only countries to have adopted the 250V standard.

However, Brazil deviated from the standard by delivering either 127V or 220V mains using the same socket.

Japan and the US have plugs and sockets that are compatible with the IEC’s envisioned global standard for 125V sockets.

Talk of adopting the new standard began in South Africa in 1993, and a version of SANS 164–2 that dates back to 2006 is available online.

According to the SABS, the ZA Plug appeared in South Africa’s wiring code (SANS 10142–1) during 2012.

Old standard still legal

Although it is now required to integrate sockets which comply with the ZA Plug standard in new buildings, the old standard remains legal.

The wiring code amendment also does not affect existing buildings, including homes.

It is therefore not currently necessary for South Africans to switch the electrical sockets in their homes.

Article source

Innovative local students launch online textbook resale platform

Bramble is an online platform aimed at connecting students wanting to sell or buy textbooks, as well as physical and electronic notes. This not only allows students to earn an extra income, but it also makes the learning process a whole lot easier.

As students ourselves, we understand the real life of a student and we hope to give you more room for the good life, more time for studying and, most importantly, more money at the end of the month.

The Bramble platform has one major beneficiary,

– the students.

We hope that the creation of a platform that allows students to set their own prices will allow shopping for textbooks to be more affordable and less stressful.


This post is sponsored by Chas Everitt International 

Rondebosch Property SnapShot – Sectional Title

The stats shown are for Sectional Title sales only, specifically in the suburb of Rondebosch Upper and Rondebosch Village.

2016 and 2017 have been busy years for the Sectional Title Team and as we anticipate a more challenging period ahead where we all grapple with the prospect of Day Zero and a slow-down in the property market, where there is a noticeable change, from a sellers ‘market to a buyers’ market, becomes more evident.

Trending Catchphrases

“The Water Crisis” – will dampen sentiment (no pun intended).

“Semigration” –  the real driver of economic growth in the Western Cape, will probably show signs of reversal.

“Affordability” –  the biggest reason for the downturn.  In the past six months we have noticed some changes, a trend of multiple reductions in the asking price, until eventually a sale or the property is taken off the market.

As always, we would be more than happy to bring you up to date with an expert evaluation on the current market value of your property.  Charlene (083 765 2116) or Lisa (082 844 0800) is ready to assist you with your decision to sell or stay and look forward to travelling that journey with you.

Data obtained from CMA info (updated from Deeds Office) and Propstats (supplied by participating Estate Agencies).

This post is sponsored by Chas Everitt Cape Town South

Newlands Property SnapShot – Sectional Title

2016 and 2017 has been busy years for our Sectional Title team. We anticipate a challenging period, grappling with the prospect of Day Zero.  A slow down in the property market, changing from a sellers’ market to a buyers’ market is already evident.

Trending Catchphrases:

“The Water Crisis”, will dampen sentiment (no pun intended)

“Semigration”, the real driver of economic growth in the Western Cape, will probably show signs of reversal

“Affordability”, the biggest reason for the “downturn”.  In the past six months, we have noticed some changes, a trend of multiple reductions in the asking price, until eventually a sale or the property is taken off the market.

As always, we would be more than happy to bring you up to date with an expert evaluation of the current market value of your property.  Charlene (083 765 2116) or Lisa (082 844 0800) is ready to assist you with your decision.  We look forward to traveling the journey with you, whether you decide to sell or stay.

Data is obtained from CMA info (updated from the Deeds Office) and Propstats (supplied by participating Estate Agencies).

This post is sponsored by Chas Everitt Cape Town South

Property Snapshot – Sectional Title Sales in Kenilworth Upper – 2016 vs 2017

Sampled Data Trends
The stats shown are for Sectional Title sales only, specifically in the suburb of Kenilworth Upper. 2016 2017
CMA Info:  (Updated from Deeds Office)
Total Number of Sales 79 70
Total Sale Value 155,706,999 150,846,500
Average Selling Price 1,970,974 2,154,950
Average Rand/m² 19,462 21,068
Propstats:  (Supplied by Participating Estate Agencies)
Total Number of Sales 26 37
Total Sale Value 54,045,000 90,980,000
Average Selling Price 2,078,654 2,458,919
Average Rand/m² 18,584 21,381
Average differential Listed vs Sale Price* -4.83% -5.07%
Average Number of Days on Market* 23 28
* Provision of this information is unique to Propstats

Commentary:

2016 and 2017 were certainly very busy years for our Sectional Title Team but they are anticipating an even more challenging period ahead as we all grapple with the prospect of “Day Zero” and a slow-down in the property market, as the change from a sellers’ to a buyers’ market becomes more evident.

Catchphrases of the day:

“The Water Crisis” – will dampen sentiment (no pun intended.)

“Semigration” – the real driver of economic growth in the Western Cape, will probably show signs of reversal.

“Affordability” = the biggest reason for the downturn.  In the past six months we have noticed a trend of multiple reductions in asking price, until eventually there is a sale or the property is simply taken off the market.

As always, an expert valuation on the current market value of your property will guide you in any decision to sell or stay and we look forward to travelling that journey with you.

This Post is sponsored by Chas Everitt Cape Town South

 

Cape Town Water Crisis: What you’ll have to pay in ‘water tax’

Source: The South African

Date: 2017-12-05

It is all but confirmed that from February next year, Cape Town will be introducing a “water tax” or a water levy or a water surcharge. Call it whatever you will.

The purpose of the charge is to raise more capital for long-term drought solutions. But it’s also a bit of a Catch22. Since the City is generating less income from water – with everybody saving so much – they are collecting less revenue. Thus meaning less money to pay for solutions.

But just how much will you have to pay?

Let’s take a look.

 

 

Cape Town’s proposed water levy charges

Residential property value (in ZAR) Water tax (ZAR)
400k none
600k 35
800k 45
1m 50
2m 115
3m 170
4m 225
5m 280
6m 340
7m 420
10m 565
20m 1120
50m 2800

But really, if your property is valued at R4 million, we’re pretty sure you can afford the R200 a month to pay your surcharge. Weren’t you spending that on filling your pool before restrictions anyway?

The City of Cape Town is searching for an additional R1bn per year while the dams recover from the unprecedented drought conditions.

Cape Town’s water use has spiked over the last few weeks. With rainy season well and truly over and the tourist season set to begin, it’s crunch time to avoid day zero.

More Information

This post is sponsored by Chas Everitt Cape Town South

Wind, hot weather leads to decline in dam levels

From: City of Cape Town – 13 November 2017

Dam storage levels are at 36.8%, with useable water at 26.8%. Collective water usage is 582 million litres, therefore 82 million litres above the required level of 500 million litres per day.

Our dam levels have declined by 1% over the past week. This could be attributed to the high winds and hot weather which contributed to evaporation. We have managed to halve Cape Town’s water usage with the help of 51% of our water users who have put tremendous efforts into saving water. We will only get through this crisis together. To make this partnership work even more effectively, I appeal to all water users, especially the 49% who are not saving water yet, to join us all as we escalate efforts to beat this drought. Your help is vital and we need you to come on board with Team Cape Town.

This summer with the heat and wind, we can expect a steady decline going forward, so continued savings are a must. We need to do more to bring our usage down while at the same time pulling out all of the stops to ensure that we implement various projects for additional water supply to help see us through to winter 2018. Additional supply goes hand in hand with further savings.

We have looked at ways to fund a first phase of water supply projects by relooking at our spend across the City to see which non-water-related projects we can temporarily postpone while protecting funds for basic and emergency services. Internally, we have made some tough decisions and we will continue to do what is in the best interests of the people of Cape Town, no matter how difficult the challenge. We will partly be funding our first seven additional water projects with this saving and reprioritised money which comprises some R2 billion. The first phase projects earmarked for these funds are the desalination plants at Monwabisi, Strandfontein, the V&A Waterfront, and Cape Town Harbour; the Atlantis and Cape Flats Aquifer projects; and the Zandvliet water recycling project make up the first seven emergency water projects of this phase.

An online toolkit has been developed with various resources for all to use to help us to drive this message. Please see our website, www.capetown.gov.za, to access material that you may require. This toolkit will be updated regularly.

For information on how to meet the daily water usage requirement, residents should please visit the water restrictions page on the City’s website: www.capetown.gov.za/thinkwater and utilise our water calculator: http://bit.ly/ThinkWaterCalculatorCT

Residents can contact the City via email to water@capetown.gov.za for queries about the water pressure reduction, or to report contraventions of the water restrictions (evidence should be provided to assist the City’s enforcement efforts), or they can send an SMS to 31373.
This post is sponsored by Chas Everitt Cape Town South

 

Christmas Hampers for the Elderly in Need

“Our Mothers Our Fathers” – An odd name?  Well, most old people are someone’s mother or someone’s father, yet so many are alone with very little support.  Many of them are also simply too proud to ask for help and as a consequence the desperation of their circumstances is hidden.

OMOF was a name chosen to remind us all, that these senior citizens are entitled to dignity and compassion.  If you know of such a person who may need to be considered as a beneficiary of the OMOF initiative, rest assured the matter will be handled by Ann with great care and empathy.The OMOF Christmas hamper collection for the most deserving old and destitute people in the False Bay area has started!

You can really help make a difference to this special time of year and we are appealing for those who are prepared to donate to please do so early so we can get the hampers ready by the 10th of December but our volunteers will be delivering on Christmas Eve to make the hampers truly special.
We are also adding a wrapped GIFT inside each hamper to also make it just that much more special.

As usual, the Hamper Collection Progress Bars on our website have been reset to zero!

Thanking you in advance for your generosity.  To read more and view our progress bars (updated daily) Go to www.OMOF.co.za