19 Mar 2020
The announcement by the South African Reserve Bank’s Monetary Policy Committee earlier today that the repo rate is going down by 100 basis points from 6.25% to 5.25%, following January’s 25 basis point drop from 6.5% to 6.25%, is a welcome – and necessary - step to give the economy a much-need boost, particularly in light of the ongoing effect the Covid-19 pandemic is likely to have on the country.
16 Mar 2020
As President Cyril Ramaphosa declared a national state of disaster on Sunday night and announced, among others, sturdy travel bans, the property industry - already in a tough corner - gulped hard.
28 Feb 2020
In his Budget 2020 speech on Wednesday, Finance Minister Tito Mboweni announced that transfer duty will no longer apply to properties that cost R1 million or less.
20 Feb 2020
While President Cyril Ramaphosa spoke of hope in his SONA 2020, not everyone in real estate industry was convinced. However there were five points that made the property industry take note in a positive way.
3 Feb 2020
Homeowners have been urged to test their security systems as a matter of urgency and to pay particular attention to the battery backup systems. The message comes from an armed response company, as South Africa finds itself in the midst of wide-spread load shedding once again.
20 Nov 2019
Buying your first home is, without a doubt, one of the most exhilarating adventures of your life, but there is no escaping the stress and worry that comes with it.
24 Oct 2019
President Cyril Ramaphosa has signed various bills into law, key among them the bill that will enable property deeds to be processed electronically.
22 Jul 2019
Tucked away in the Southern Suburbs is a compact little neighbourhood centred around its vibey Second Avenue. Restaurant owner Duane Weiss gives us a local’s tour.
7 May 2019
Many residents in the neighbouring areas (including Harfield Village) are irate with the resulting noise pollution as the train drivers are apparently obliged to blow their hooter at all hours when passing through!
27 Mar 2019
Those of you who live in the area or use the Kenilworth Road on a regular basis are probably very aware that the booms are currently not working. This has been the case since the end of 2018 and the crossing is currently manned by flag-bearing marshalls who stop the traffic when a train is approaching the level crossing.
27 Mar 2019
Did you know that the station at Kenilworth was originally a simple shed and that not everyone thought that a railway line to Wynberg was a necessity? Here’s a little history of the line, the trains and the stations.
27 Mar 2019
Norgarb Properties has always been an avid supporter and sponsor of the Harfield Village Carnival since 2009. Once again, we are a proud sponsor of this fun-filled event for 2019.
8 Mar 2019
Property data group Lightstone has published its latest projections for the South African property market and where it could go after the 2019 National Election to be held in May.
10 Jan 2019
Electricity looks set to be a key source of attention for the property sector in 2019. This is according to FNB property sector strategist, John Loos.
20 Dec 2018
Often sellers do not want to cease marketing if the purchaser also has to sell his or her property before they can buy. Others want to continue marketing if it is uncertain whether the purchasers will qualify for a loan.
14 Dec 2018
More than 50 child carers attended the safety-awareness training workshop in Surrey Park at the end of November. The workshop formed part of the 16 Days of Activism for No Violence Against Women & Children Campaign, hosted by HV CID & SAPS Claremont.
10 Dec 2018
Last week, the National Assembly adopted the Property Practitioners Bill. The envisaged legislation will repeal the Estate Agency Affairs Act of 1976 and in its stead, will introduce many far-reaching changes to the regulation of the industry.
3 Dec 2018
When you apply for a bond, one of the first things your bond originator or bank will do is check your credit score, that all-important indicator of the level of risk you represent to the lender.
16 Nov 2018
Parliament’s joint constitutional review committee formally resolved today to recommend an amendment of section 25 of the Constitution to make it clear that expropriation of land without compensation, is possible.
24 Oct 2017
The iconic train at Choo Choo Park in Claremont has a rich history that few people know about. Andre Ter Morshuizen goes in search of the back-story behind the fire-red engine and finds that it has travelled land and sea to get to its final resting place.