PARKS PROPERTY ADVICE
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LOCAL TRENDS
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1st QUARTER 2015
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3rd QUARTER 2014
Property values could benefit from improved commuter transport
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2nd QUARTER 2014
Residential rental growth slows
Property adds R191bn to the economy
Home buyers being hit by fraudulent IDs
Joburg Ombudsman Office finally on track
Estate Agency Affairs Board bans 'dubious' Home Owners Association practice
Landlords ‘held hostage’ by ‘squatter’ Act
Blocking neighbours' views ‘not always illegal’
New by-laws take aim at Joburg's problem properties
Broken printing press halts producing copies of Joburg building plans
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Property values could benefit from improved commuter transport
Plans to improve commuter rail transport in South Africa’s main cities over the next 10 years could have a positive impact on property values. The Passenger Rail Agency of SA (Prasa) is working on a major overhaul of the rail agency's fleet. Expected to cost R170 billion over the next 10 years, Prasa intends developing faster and more reliable trains that are clean, efficient and safe, and to even provide commuters with air conditioning, wi-fi and maybe a free newspaper or coffee.
An artist's impression of the new train
Compiled from IOL Property News
