PARKS PROPERTY ADVICE
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BUYING & SELLING - THE MECHANICS OF
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1st QUARTER 2015
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2nd QUARTER 2014
Do properties sell better in
summer than in winter?
Residential property sellers increasingly
using the Acceleration ClauseThe implications of Capital Gains Tax
on property transactionsA new platform to provide statistics
regarding property purchasing decisions
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A new platform to provide statistics regarding property purchasing decisions
It is always advisable to take a long-term view of the property market before committing to a buying decision. It is especially important for a buyer to have at his or her fingertips all the facts and figures relating to the area they are considering buying in. Every area has its own property sales patterns. For instance, the trend in sales or rentals in Sandton is completely different from the trend in Krugersdorp or Cape Town. A smart buyer, therefore, should consider factors such as average, low-, middle- and upper-end prices, as they could be useful indicators of the trends in property prices in their chosen area compared to the rest of South Africa.
But for many potential buyers getting easy access to such information can be difficult and time-consuming. However, CyberProp, with the assistance of SAPTG - South African Property Guide, has developed a platform providing useful data and statistics to help potential buyers familiarise themselves with the property trends in the areas they are looking to invest in.
– Compiled from an article by Tivvit Goldstuck, published by cyberprop.com For more information visit SAPTG.co.za.