Cape Town Commercial Consultants

1. Le Belvedere 2. Carbon Beach Gem 3. Malibu Colony Beach House 4. Pebble Beach Gem 5. Bel Air Mediterranean 6. Dramatic Delray 7. Upper East Side - New York 8. Santa Barbara Villa 9. Gulf Coast Grace 10. Livin' The High Life - Highland Beach Click here to view article

I had a discussion with Marius Theron from Remey Properties regarding what is important to their business: 1. It is important that the QS understand the specific project so that he might minimize the risk accordingly. 2. Timing is always very important, you need to take the market condition into account. 3. Use the current demand as the benchmank, you then add your niche project that creates that extra demand. 4. Nedbank according to him has seasoned property professionals that help them as developers minimize their risk. 5. To keep your finger on the pulse of your cumulative cashflow of your projects is very important. 6. You make money with buying the property, not selling the development. Eg. McDonalds is in the property business not flipping burgers. 7. A proper feasability of all finishes need to be done to maximize profit. It is the small devils that ruins the vineyard. 8. Trust your gut feeling, sometimes the project that looks too good to be true is to good to be true in the en...

1. Bio robot refrigerator 2. Cleaning closet 3. Modular kitchen 4. Dismount washer 5. Exterior refrigerator Click here to read the full article

1. You can get a good deal. 2. Mortgages are cheap. 3. You'll save on taxes. 4. It'll be yours. 5. You'll get a better home. 6. It offers some inflation protection. 7. It's risk capital. 8. It's forced savings. 9. There is a lot to choose from. 10. Sooner or later, the market will clear. Click here to read full article

1. 15 – 20 % Savings on project. If you build a house for R 2,000,000 you can save up to R 300,000 - 400,000 by using a QS. If you do not use a bill of quantities you cannot have competitive quoting on the same standard of products for installation. Cost price items such as light fittings, sanitary fittings, bbq’s/braai, etc. can vary a lot with price & quality and I saved the client R 100,000 on one project. If there is any variations, you can quote them according to the bill of quantities. No bill of quantities means the contractor can ask you whatever price he wants. How will you know that he is not overcharging you? 2. Project finish on time. If there are scope changes (you need to build and extra bathroom) that does not fall on the critical path (the longest time it takes to complete the project) you don’t have to pay for extra overhead costs.The extra costs have a 10-15 % effect of the total project cost and impact on your adjusted contract price. Is there a p...

Seems like Much Asphalts coldmix is failing. Awaiting Soilab confirmation.

How to pay off your house quicker: - House price - R 500 000 - Bond - 20 Year - Interest rate - 12,5 % - Payment per month - R 5,680.70 - If you can pay 10% more on your home loan you can save up to R85000.00 Click here to read full article

PROPERTY LAW • Registration of transfers, including sectional title schemes, developments and townships • Drafting and perusal of purchase agreements, JV’s and development contracts • Registration of bonds, including sectional title bonds, commercial- and development bonds • Drafting and perusal of lease agreements and notarial contracts • Rezoning, consolidation and subdivision of land, including opening of township schemes, sectional title schemes and the like. Valuation of property, especially for deceased estate purposes • Valuation of property COMMERCIAL LAW • Drafting of purchase-, lease-, partnership-, share sale-, association agreements and other ancillary thereto • Registration of companies, close corporations and family- and business trusts • Liquidation and sequestration matters • Labour and employment matters Contact : Daantjie Malan Tel : +27 21 853-1535 Email: daantjie@mlalaw.co.za Website Link

Jacques du Toit, property strategist at Absa, says in order to understand information about price growth, a good grasp of the factors that drive it is necessary. “Many factors can influence price growth. These factors relate to the property market and the household sector, which may include demand and supply conditions, initially driven by economic growth, inflation, interest rates, employment, household income, debt, the affordability of housing, etc.” He says the average price of houses in certain segments is calculated by dividing the total value of properties sold in a specific period in a specific segment by the number of those properties. “The overall average of middle-segment housing as defined by Absa – small, medium and large – is calculated by using the samples of each segment. It is thus a weighted average that is calculated.” Read the whole article

After a two-day meeting, the South African Reserve Bank’s Monetary Policy Committee (MPC) left the key monetary policy interest rate – the repo rate – unchanged at 6,5%. As a result, banks’ lending rates to the public, i.e. prime and mortgage rates, are to remain at a level of 10%. Interest rates have been cut by a cumulative 550 basis points since December 2008. See the full report

I endeavoured to do a feasibility for a client ito his options of acquiring a new home in a security complex in Stellenbosch, South Africa.   The options are as follow: 1.     Buy an existing house from an agent. 2.     Buy a stand and build a new house with the contractor and his architect. 3.     Buy a stand and build a new house with me as the commercial manager and his architect. 4.     Buy a stand and build a new house with me as the commercial manager and my architect.    FEASIBILITY – WELGEVONDEN – 3 BED 2 BATH 1 GAR Scope: 1.     Best value for money investment. 2.     Design of house based on best sales / m2 of house. It affects the ROI (Return on Investment) of the project. 3.     People stay on average 7 year in a house before they sell it, therefore investment has to be based on the fact that it...

This estimate was based on a budget of ZAR 1,200,000 for a 3 bedroom house. What is imperative that the commercial manager have qs, contract management & project management skills. Interest rate is at 10% over a 20 year period. Stand cost of ZAR 500,000. Estate Agent fees were calculated at 7,5%. It is significant to note the saving incurred in the process. 1. Total Saving - ZAR 2,150,000 2. Interest on Building Cost Saved Projected @ 10% - ZAR 1,075,000 3. Reinvest Savings @ 13% - ZAR 800,000 4. Contractor's Price - ZAR 5000 vs. 3850 / m2 - ZAR 270,000 The following motivation can be substantiated regarding risk avert clients: 1. More control over construction process 2. More control over appointment of sub-contractors 3. Better "product" in the end due to better value for money. 4. Client can be involved in the whole process.

HOW DO YOU QUALIFY? You are allowed to spend 30% of your gross monthly income (before deductions) on the purchase of fixed property. To calculate the 30% the banks also take into account: *Car and travel allowances *Current rental income *Commission based income *Monthly pension *Maintenance *Self Employed Column 1 :Client's monthly income Column 2 :Maximum bond @ 9.5% Column 3 :Maximum bond @ 8.5% ZAR 10,000 ZAR 315,789 ZAR 352,941 ZAR 12,000 ZAR 378,947 ZAR 423,529 ZAR 14,000 ZAR 442,105 ZAR 494,118 ZAR 16,000 ZAR 505,263 ZAR 564,706 ZAR 18,000 ZAR 568,421 ZAR 635,294 ZAR 20,000 ZAR 631,579 ZAR 705,882 ZAR 22,000 ZAR 694,736 ZAR 776,470 ZAR 24,000 ZAR 757,895 ZAR 847,059 ZAR 26,000 ZAR 821,053 ZAR 917,647 ZAR 28,000 ZAR 884,211 ZAR 988,235 ZAR 30,000 ZAR 947,368 ZAR 1,058,823 ZAR 34,000 ZAR 1,073,684 ZAR 1,200,000 ZAR 38,000 ZAR 1,200,000 ZAR 1,341,176 ZAR 42,000 ZAR ...

"Location, location & location". We will have a look at one of the biggest determining factors of what makes a property a good investment. Procedure to be followed to acquire land: 1. Properties in different areas. 2. Buy from agent / owner. 3. Asses growth in areas. 4. Do comparitive analysis of properties. 5. Who is the owner / entity and what impact that has on the price? 6. Restriction on erf. 7. Home Owners Association Policy and it’s impact on the property. 8. Outstanding debt on property. 9. Soil conditions analysis. 10. Life cycle cost’s involved with property. 11. Assessing needs analysis of client ito house to be build. 12. Decides which Architect to appoint ito budget and expected return on investment. 13. Looking at alternative methods to get properties. Leaving out some of the steps increase your risk in making an informed decision.

ABSA house price index (12 April 2010): "In the category of small houses (80m²-140m²), the average nominal value was upby 9,6% year-on-year (y/y) in March, compared with a revised growth rate of 7,3%y/y recorded in February. The average nominal value of small houses was aboutR725 200 in March." (Click here to view full article)

A Beginner's Guide to Flipping Houses By [http://ezinearticles.com/?expert=Jeanette_Joy_Fisher]Jeanette Joy Fisher If you're dreaming of making money in real estate, it's time to stop dreaming and get to work, because making money in real estate isn't just a vague pipedream. It can be done, even by a young and inexperienced person, when you learn how to "flip" houses. A friend of mine, we'll call her Tai, made a fortune in real estate, beginning at the age of twenty, with no help from anyone else. Here's how she did it: Tai began by buying a HUD repo, which allowed her to get into the house for no money down. Then she fixed it up and sold it herself. At closing, she had made enough profit to by a second fixer-upper, but this time, she paid all cash. Tai went right to work fixing her second house, and when she sold that one, she collected profit of $44,000, which allowed her to pay cash for her third house! By now, Tai was comfortable with her formula, ...

Building plans are available. Contact : Francois +27722111209 Email: francois@huizemark.co.za (Click here to see video) (Click here for more detail)

Two Homes with 3 bedrooms each (on large plot)on the foot of the Stellenbosch mountains overlooking the helderberg plains and Table mountain. The house was the brainchild of a artist where two families can live in comfort together. The main house has 3 bedrooms and the cottage has 1.5 bathrooms. Main house has a snooker room which includes a full size snooker table, Jetmaster fireplace and vine covered terrace. Braai terrace has double braai unit, sun blinds and wood storage cellar under floor. This house is ideal for someone looking for a great investment. (Click here to view the video) (Click here to see more detail)