Newsletter - October 2005
SA Property Market Review
The South African property market has grown by 247% since 1997. Some analysts are saying that
figure alone is enough to warrant a drop in the property market. Others are still bullish about the
prospects for the market in the coming years. One thing is certain: over time, the market will
rise AND the market will fall.
So the exercise then becomes one of managing risk and maximising returns over the course of your
property investment. How do you identify where we are in the cycle? How do you find the hottest
spots in the boom, and maximise your return when the market slows down? What are the current
trends, risks and opportunities? Inner-city redevelopment? The emerging black middle class?
Commercial and retail property? The buy-to-let market? Fractional ownership? Property funds?
This Sunday (October 30th) Ian Fife and Andy McPherson will be reviewing
the South African property market at the Chelsea Town Hall, from 12pm to 5pm.
Read more...
See Ian's 4 articles ahead of the event on the right...
This is a fantastic opportunity for you find out where the market stands, where it’s headed, and
where the opportunities lie. Their talks will be complemented with presentations on managing risk,
mortgage finance, tax, financial planning and foreign exchange. A weekend at the luxurious
Pinnacle Point Beach & Golf Resort will be raffled for
charity, as well as several prizes from SAWinesOnline.
Please note we only have about 50 tickets left, and any spares (if available) will be sold on the door for £20 each,
so get your tickets now by clicking here!
Oil, Inflation, Interest Rates and GDP Growth
The Monetary Policy Committee recently decided (as anticipated) to keep the repo rate
unchanged at 7%. Recent oil price hikes are putting inflationary pressure on the economy, which
has created some uncertainty about the short-term future of interest rates. Perhaps we can expect
a small rise in early 2006? Read more...
However, the economy has been booming at a rate that has impressed even the most ardent
optimists, with 6% GDP growth now the figure that some pundits are touting. But is 6% growth possible,
and (more importantly) is it sustainable? Read more...
Going home over Christmas? Get Pre-Approved!
If you are going home over Christmas and you're thinking of buying a property,
make sure you get your ducks in a row now!
IPS is the only company in the country that can arrange mortgage preapprovals through the banks,
which lets you know what you can spend, enhances your status with estate agents & developers, and
(most importantly) means that you effectively become a "cash buyer", improving your bargaining power
with the seller. For more information, please
read this article, or contact us to get started.
Wealth Creation Workshop
Hannes Dreyer is bringing his Wealth Creation Workshop to London on the 26th of
November 2005. (Read the feedback
from his last visit.)
The Wealth Creation Workshop is an intensive, full-day workshop and is
suitable for people serious about property investment. The key to successful property
investment is about knowing the variables, managing the risk, and doing the calculations, over
and over again. The Wealth Creation Workshop quickly gets to the heart of the matter: how do
you know if it is a good property investment?
Hannes is offering a full money-back guarantee that you will be satisfied with the workshop.
If you are interested, we also have several free CD's to give away. Read more...
Spotlight on: Pietermaritzburgh
Property in Pietermaritzburg lay dormant for many years and people were hesitant
to invest in what became known as "The Sleepy Hollow". This is not the case anymore.
Pietermaritzburg is fast becoming one of the fastest growing cities in South
Africa, and investing in Pietermaritzburg property is becoming increasingly
popular.
The price of property in Pietermaritzburg is moving up at a rapid rate. A 40%
price increase has been recorded during 2004 on the prices of 2003, and a 40% increase as
at September 2005 on 2004. This increase is on properties across the board, including houses,
flats, townhouses, etc. Read more...
Happy investing!
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