Neighbourhood PTA - 15 November 2015 by Your Neighbourhood

RSA

Neighbourhood 15 NOVEMBER 2015

PROPERTY & LIFESTYLE

What’s ON SHOW in Pretoria this weekend?

Equestria

– Get the full list at privateproperty.co.za/on-show

a place for everyone, page 8

+ Nationally, the largest property marketplace in South Africa

FUSION CUISINE

PHOTO AND FILM EXPO

SPOTLIGHT: EQUESTRIA

COASTAL TRENDS

NEWS & LIFESTYLE

Neighbourhood

15 NOVEMBER 2015

Editor’s Exclusive CLAIRE BARNARDO

Dining rekindled IMAGE: SUPPLIED

was recently asked where my favourite Friday night dining spot is. When it meant that I had to think about it for a while… I realised I needed to pay it some urgent attention. So I turned an otherwise tired Friday evening on its head by going to Myoga at the Vineyard Hotel & Spa, Newlands. Set on the Vineyard’s majestic 6-acre gardens, Myoga means “ginger blossom” in Japanese. With chef Mike Bassett back at the helm, the food direction is contemporary fusion. Welcoming in the celebratory season Mike has come up with a snazzy seven-course tasting menu – talk about choice! And that’s not including the little ticklers and added extras here and there. The innovation of each dish is so astounding that sometimes it feels a bit unbelievable. Each course is as delicious and delightful as the next – I’ve never had toasted-cheese ice cream, have you? It is pure food entertainment and indulgence. I loved the shrimp omelette (with bang bang foam) and the black salted squid (with anchovy lime condensed milk). Dessert is usually one of my priority courses and I was not let down by the black forest memories.

My ideas for new dishes are a culmination of experience and an ingrown sense of taste memories fostered over a lifetime CHEF MIKE BASSETT

TASTE FOR YOURSELF: Myoga Restaurant The Vineyard Hotel & Spa 021 657 4545 myoga.co.za

Next time I’m asked, I know what I’ll say.

Awarded fusion cuisine La Pentola offers quality international fusion cuisine, created by renowned chef Shane Sauvage WORDS: LISA DEWBERRY

IMAGE: ISTOCK

cclaimed Pretorian restaurant La Pentola on Well Street, offers fusion cuisine that marries French, Italian, and Mediterranean flavours with fresh South African produce. Among its accolades are the American Express Platinum Card Fine Dining Restaurant Awards for 2015 and 2016, Diners Club International Wine List 2015 Platinum Award, and Chaînes des Rôttiseurs Blazon of France 2001 to 2012.

green melon in the Ataraxia (Hemelen-Aarde) Sauvignon Blanc 2014/2015 proffered with the starters.

Vibrant colours and eclectic decor such as a mosaic-decorated well, and a Tree of Life wall feature, capture your attention on entering this relaxed, fine-dining establishment. The extensive menu was devised by well-known chef Shane Sauvage, who caters for all dietary requirements including Banting, vegetarian, lactoseintolerant and diabetic guests.

For mains, I opted for tender duck breast in a delicious sweet orange, triple sec and fresh thyme reduction, while my partner raved about the seafood fillet topped with seafood, tawny port, basil and cream sauce. These were well paired with KWV The Mentors Orchestra (Paarl) 2012/2013, a red Bordeaux-style wine with flavours of plum, strawberry and cherry complemented by dark chocolate and subtle smoky and mint aromas.

My culinary journey here began with a refreshing Berry Royale cocktail with berries in fruit schnapps, jazzed up with sparkling wine on crushed ice, and served alongside oven-fresh sweetcornand-chive bread rolls. The staff gave excellent wine suggestions and I enjoyed the hints of passion fruit, citrus and

To begin with, we sampled Cape Fusion Carpaccio: thin slices of smoked salmon dressed with fresh gooseberries and lemon, honey, and almonds, served with a lemon cream and seaweed caviar. The Huckleberry Halloumi with fresh strawberries, lemon and fresh mint was also delightful.

flaming the strawberry flambe at the table before I tucked into the fresh strawberries and Belgium chocolate ice cream. My partner’s sweet craving was satisfied with halva pancakes, made with sesame paste crumbled into ice cream and topped with pistachios, roasted almonds and honey. Shane began in the restaurant business more than 30 years ago and worked his way up to becoming executive chef at Gauteng’s top restaurants before opening La Pentola in 1995, and its second chapter in Hermanus in 2011. In September this year, he published his third cookbook Cape Fusion, an interactive recipe book with QR coding linked with videos that share his food expertise. La Pentola offers superb, goodvalue-for-money cuisine with personalised attention from staff in a vibrant atmosphere.

Dessert was an event, with the waiter

TASTE FOR YOURSELF: La Pentola 012 329 4028 lapentola.co.za

PUBLISHED BY THE CREATIVE GROUP Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423

THE CREATIVE GROUP CEO: Shaun Minnie shaun.minnie@thecreativegroup.info EDITORIAL TEAM Group Editor: Claire Barnardo claire.barnardo@thecreativegroup.info Managing Editor: Charis Le Riche Creative Director: Mark Peddle

Art Director: Leah de Jager Designers: Craig D’Oliveira, Megan Cooper Chief Copy Editor: Yaron Blecher Proofreader: Marana Brand Editorial Intern: Lauren Albertyn Online Editor: Lauren Joubert

ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Neighbourhood Manager: Dylan Rothschild dylanr@yourneighbourhood.co.za Production (Editorial & Property Advertising): Lucea Goosen lucea@yourneighbourhood.co.za

Neighbourhood

15 NOVEMBER 2015

NEWS & LIFESTYLE

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The Wolfpack of Brooklyn Bridge You’ve probably heard of Kream, but have you met the people who make it happen? WORDS: RITA LUDIKE

IMAGE: RITA LUDIKE

ith the inception of Kream eight years ago, an interesting group of individuals joined forces to create the formidable restaurant that Pretorians now know and love. But what you don’t know is that their story is what makes them – and the restaurant – so special. They call themselves the Wolfpack of Brooklyn Bridge. Originally from Turkey, founding member and leader of Kream Tufan built the restaurant on a foundation of humble beginnings, at the same time determined to change the restaurant scene in Pretoria. This approach to change came in the form of the “Wolfpack” concept, a holistic approach to marrying good food with wine and hospitality to ensure a comprehensive dining experience. Tufan Yerebakan (who considers himself the alpha male) leads this group of well-rounded and experienced partners – three members who each bring unique traits to the proverbial table. Victor Nel, in his quiet and peaceful manner, helps fill the gap between the kitchen and the guests by making sure everything runs as smoothly as possible. Sean Trollip joined the pack as a waiter and climbed the ranks through passion and dedication to becoming a partner and sommelier. And lastly, Lizette Marais (considered the strong and silent alpha female), who has been a part of Kream since Tufan interviewed her eight years ago and decided she’d fit right in, completes the group.

The pack held an intimate soiree in the Glenvilet Room where all of their talents where showcased. Attendees were treated to a five-course dinner, each tier carefully paired with an appropriate wine from Sean’s arsenal. Some of the noteworthy vintages included (but were not limited to) the La Vierge Original Sin, an ever-so-lovely Sauvignon Blanc that tempted guests with its beautiful snakeskin-textured label and fruity notes, and the crowd favourite, the Fleur du Cap Noble Late Harvest. The evening heralded a lovely whirlwind of beautifully plated crayfish sausage, cured duck breast, and Fillet Perigourdine. The highlight was the dessert, a fairy-light white chocolate panna cotta with liquorice syrup, coconut coral sponge, black sesame seed crisp, meringue and, the cherry on top, watermelon gelato. This dining experience was not exclusive to just the unveiling of the Wolfpack concept, but is considered the status quo at Kream. Tufan and the pack invite everyone to come and experience their “Kream Kulture”– leisurely dining, enticing stories of fallen grapes and jovial reminiscences of adventures long past, but not forgotten.

EXPERIENCE IT FOR YOURSELF: Kream 012 346 4642 kream.co.za

NEWS & LIFESTYLE

15 NOVEMBER 2015

Lights, camera, action! Learn from the pros and get inspired at this year’s Photo and Film Expo

WORDS: CATHERINE BLACK

IMAGE: SUPPLIED

his year marks the seventh year of the Photo and Film Expo, taking place at the Ticketpro Dome from 19 to 22 November. The event attracts thousands of enthusiasts – from amateur snappers to specialist professional photographers – who want to learn about new brands, technology, techniques and trends in photography and filmmaking.

to more people now. This fact, along with new marketing streams, digital imaging and advanced editing software, means there’s an amazing amount of upcoming talent.

We spoke to organiser Matt Raven about what’s in store. Q: Who should attend? A: The show is aimed at those wanting to learn more about their craft, but with so many new entrants to the market, some of the technical talks may cover basic principles. This means that everyone, whether amateur or professional, can benefit. Q: What’s new this year? A: The expo will feature more brands and workshops than ever before, with 150 workshops and more than 400 industry-related brands being showcased. This year we have workshops specifically focusing on different speciality areas, such as wildlife, wedding, studio, adventure photography and filmmaking. There will also be a dedicated editing stage, which is part of our emphasis on hands-on demonstrations and “start to finish” live, workflow presentations. Q: What workshop shouldn’t we miss? A: Obie Oberholzer is a legend in SA photography and is about to release his latest book, Obie’s Way. Andrew Appleton is flying in from the UK and bringing Australian dancer Angela Hamilton along with him. Together they will give live demonstrations showcasing extreme movement photography. Brett Florens is regarded as one of the world’s leading wedding photographers and will be flying in from Amsterdam to present at the event. And don’t miss the talk by Chris Reilly on South Africa’s outdated copyright laws and how they affect the local industry. Q: What’s the state of the South African photographic and filmmaking industry right now? A: These days, most electronic devices, from cellphones to tablets, laptops and more, have a quality camera built into them, so they can all be used as photography and filmmaking devices. This has levelled the playing field. Whereas in the past the industry was made up of a select few top names, it’s much more accessible

Whereas in the past the industry was made up of a select few top names, it’s much more accessible to more people now

win Feeling lucky? Well, this might be your day. The Photo and Film Expo is giving away a set of double tickets to a Neighbourhood reader. Simply go to the Your Neigbourhood Facebook page (facebook.com/YourNeighbourhoodZA) to enter!

SEE FOR YOURSELF: Photo and Film Expo 011 326 2257 photofilmexpo.com

Neighbourhood

15 NOVEMBER 2015

NEWS & LIFESTYLE

The Roadside Market

The Roadside Market is a slow-paced, local market found on the sidewalk of Pretoria Paper Supplies in Lynnwood. This authentic and intimate little market will take you back to a time where leisure and quality wasn’t a luxury, but an everyday occurrence. Come for a Saturday stroll through the month of November, eat some good, hearty food and have a refreshing drink while enjoying the classics from the vinyl collection and second-hand books for sale.

LOCAL LOWDOWN

This week don’t miss out on these

cool things to do WORDS: RITA-MARI LUDIKE IMAGES: SUPPLIED & ISTOCK

Brooklyn Wine Affair

You could be sampling some of South Africa’s finest wines at Weylandts in Brooklyn Mall this coming Friday. The Brooklyn Wine Affair is the perfect wind down after a rough week in the office. Let loose and sip away. The wines being presented are the winners from the Sommeliers Selection and promises to be fresh and different while still maintaining impeccable standards. Be part of this exciting and relaxed wine venture. Doors will open atNewspaper 5pm and the ticket includes Ad_PTA.pdf 1 entry and tastings of the wines.

CMY

3 2015/10/09

2:52 PM

Bellbottoms

Since its inception in 1999, Bellbottoms has been the most loved antique and collectable store in Pretoria. The shop is filled with nostalgia and appreciation for what’s been left behind. Experience a blast from the past with anything from old timey bits and bobs to collectable toy cars. You’ll be greeted by golden oldies wooing you from the record player, as well as the incredibly friendly and knowledgeable owners and staff.

Rita-Mari Ludike is a freelance art director, photographer and the blogger behind Rita Hello: ritahello.com

EXPERIENCE IT FOR YOURSELF: The Roadside Market facebook.com/theroadsidemarket Bellbottoms 012 333 2116 Brooklyn Wine Affair Buy your tickets online at Webtickets goo.gl/nXgqcN

NEWS & LIFESTYLE

Neighbourhood

15 NOVEMBER 2015

Health and home WORDS: CHRIS REID

IMAGES: DESKSTAND, PEDERSEN + LENNARD

t used to be that you showed your wealth by the things you owned. Now, however, the truly affluent focus as much on their health as they do on their possessions. Food fads such as the Banting diet and exercise programmes such as Crossfit, are followed with almost cultish fervour in pursuit of the good life. While these do offer obvious benefits, they also show off your ability to pay for premium memberships and niche ingredients, leading to the new class of the virtuous wealthy. While much of this trend applies to outof-home activities, it has some impact on our homes and living spaces. Premium health equipment needs specialised storage, and items like bicycles are given pride of place in homes instead of being hidden away in garages. Locally, Pedersen + Lennard have tapped into this need with their bike rack, applying the same design philosophy to this seemingly functional piece as they do to their furniture. A similar trend is being seen in home offices, where key pieces such as the standing desk are becoming must-have items. These ostensibly prevent a host of dangers associated with sitting down for long periods of time, and promote alertness and the ability to focus better. While bespoke solutions are available, brands such as DeskStand play into the trend with systems that help homeowners to adapt existing furniture. And, with a design-conscious customer in mind, they look pretty good too. The role of this trend will only become more prominent in future as the culture around health becomes increasingly mainstream. Consciously or not, wellness and affluence have become intrinsically linked and, for many people, moving up in the world means adopting a healthier way of being.

SEE FOR YOURSELF: DeskStand deskstand.co Pedersen + Lennard pedersenlennard.co.za

Neighbourhood

15 NOVEMBER 2015

NEWS & LIFESTYLE

Neighbourhood brings you this season’s gifts

*also available as a creative curl wand set

R2,999

R2,299

R2,199

The innovative ghd platinum™ styler, with a winter white finish, heat mat, roll bag, two sectioning clips and a nose guard.

The ghd gold V classic styler now has an enhanced design. The gift set includes the styler, heat mat, roll bag, and a nose guard.

The ghd curve™ soft curl tong for big, bouncy curls, includes a winter white roll bag and heat mat.

ghd WHITE PLATINUM™ ARCTIC GOLD GIFT SET

ghd GOLD V CLASSIC ARCTIC GOLD STYLER

ghd CURVE™ SOFT CURL TONG ARCTIC GOLD GIFT SET

2 3

GHD 011 244 2176 www.ghdhair.com/za

4 CLICK EXCLUSIVE TO INCREDIBLE CONNECTION

0860 011 700 www.clicktab.co.za

5 4

R1,499

R250

THE 1c AFRICA PENDANT

NU METRO GIFT CARDS

The 7” Kids ClickTab is specifically designed for children. It comes installed with apps to promote education and development.

Copper Africa pendant based on the old RSA 1c coin on a sterling silver chain.

Give the gift of entertainment this festive season. Visit your closest Nu Metro Cinemas for more details.

CLICKTAB 7” (KIDS)

HOUSE OF KALLIE 021 788 3105 www.house-of-kallie.co.za

6 NU METRO CINEMAS 0861-CINEMA (246362) helpdesk@numetro.co.za

7 WATCH REPUBLIC 021 418 0045 www.watchrepublic.co.za

8 TWISP 021 001 8511 info@twisp.co.za

9 SOVIET DENIM

R2,799

R79995

R199

Gents townsman black leather dress watch with a rose case and smoke dial.

The Twisp Edge comes with a variable power output system, allowing you to customise your vapour density.

These cute infants fashion shoes are a must-have this Christmas season. Perfect for your little tot or as a gift.

FOSSIL GENTS TOWNSMAN

TWISP EDGE

SOVIET BABY VIPER

011 061 0500 www.sovietdenim.com

10 SHIROKO 011 440 7959 www.shiroko.co.za

11 JANINE BINNEMAN JEWELLERY DESIGN 082 468 3201 www.jbjd.co.za

12 BLOCKHOUSE FURNITURE AND DÉCOR STORE 012 7528840 info@blockhouse.co.za

R2,500

R2,330

R6,950

To advertise in our next edition

Shiroko’s range of rhodium-plated 925 sterling silver lockets make the ideal fine jewellery gift for any occasion.

Sterling silver ring stack with name rings, twisties, turquoise bead ring, nugget ring, heart connector and deco ring.

Get ready for the festive season on our Martini, perfect for patio living available in assorted colours and fabrics.

contact Dylan at dylanr@yourneighbourhood.co.za

SHIROKO FLOATING CHARMS LOCKET

ORIGINAL NAME RINGS STACK

MARTINI 2 DIVISION PATIO SOFA

Stock availability and prices were correct at time of going to print.

SPOTLIGHT

Neighbourhood

15 NOVEMBER 2015

Spotlight on

Equestria

From young families to retired seniors, the good all-rounder suburb of Equestria remains a popular choice WORDS: LISA DEWBERRY

IMAGES: RENE HUGO, ISTOCK, GOOGLE

XANTAH KENNELS AND CATTERY

STAR COLLEGE

Neighbourhood

15 NOVEMBER 2015

East of Pretoria’s city centre, the ever-evolving suburb of Equestria is characterised by complexes of modern starter homes, lush garden centres, top shopping centres and peaceful retirement villages. Located between Simon Vermooten Road in the west, Solomon Mahlangu Drive in the east, Ouklipmuur Avenue in the north and Lynnwood Road in the south, it has developed greatly in the past few years, offering modern units with 24-hour security and easy access to the N4 highway. Resident here for four years, Patricia Vieira Dos Santos (31) says that when it comes to shopping, Equestria offers excellent retail hubs, including The Grove Mall, Equestria Shopping Centre and Equestria Gateway Centre. You’re spoilt for choice with a wide range of food, clothing, and health and lifestyle amenities conveniently located in the suburb. “The Grove Mall has more than a 100 stores to satisfy every shopping need with a unique ‘inside outdoor’ section of restaurants creating a continental atmosphere, where friends and family can eat and socialise. The mall provides entertainment such as an ice rink, cinema theatres, IMAX, tenpin bowling and a toddler water play park,” says Patricia. And if that’s not enough, she adds, Equestria Shopping Centre offers a wide variety of amenities, as does Equestria Gateway Centre.

SELROSE PARK RETIREMENT VILLAGE

A unique feature at the heart of the suburb providing great family entertainment, is the Bester Birds & Animal Zoo Park. Created by wildlife enthusiast Mike Bester the park has acquired various species, such as the squirrel monkey, Cape porcupine, striped hyena, leopard, Nile crocodile and red kangaroo, from zoos across the world. If you’re looking for a convenient amenity to take care of your animals while you’re away, Xantah Kennels and Cattery offers a boarding facility for pets – from cats, dogs, birds, poultry and pigs, to rabbits and hamsters. Veterinarians are available and the dedicated team does daily walk and play sessions with the option of nutritional consulting if necessary.

With affordable living available in an area filled with vibrant shopping centres, pleasant garden centres and tranquil retirement villages, this suburb is geared for everyone Tintswalo Machate (34) has lived in Equestria for almost three years, and says it is peaceful, safe and not overcrowded. She enjoys being able to take late-evening walks without worrying. She appreciates the area’s many wonderful nurseries and garden centres, including The Garden Root Nursery, C&M Landscaping, and the R3 and R5 Nursery and Budget Plants. When it comes to educational facilities, Equestria’s options include the Kiddies’ Academy Nursery School, Little Flowers Nursery School, Moonlight International School and Star College Pretoria. The nursery schools provide childcare through trained teams, and create a secure, friendly environment where each child is encouraged to reach their full potential. They provide a home away from home for babies and toddlers, and provide stimulation for children during their most crucial developmental period. Moonlight International School

EQUESTRIA VILLAGE RETIREMENT CENTRE

SPOTLIGHT

and Star College Pretoria engage students through a holistic approach to academic and behavioural standards. They aim to develop young people to become confident, ethical leaders, empowered with excellent academic skills. Equestria is especially well-equipped for elderly residents, with a number of retirement villages, such as Equestria Village Retirement Centre and Selrose Park Retirement Village. Mel Ueckermann (71) of Equestria Village Retirement Centre moved here four years ago, with a view to enjoying a safe and caring space that is financially sound. “The village is a secure environment in close proximity to medical practitioners and hospitals, and offers entertaining social activities. It provides a clinic and a wellness programme and has a bus taking residents to shopping malls in the vicinity daily. Social activities include line dancing, bridge, Rummikub, choir, walking club, port and pudding evenings, and bring and braai occasions. I am happy in the village and appreciate the friendliness, support and care from fellow residents,” says Mel. With affordable living available in an area filled with vibrant shopping centres, pleasant garden centres and tranquil retirement villages, this suburb is geared for everyone, from young families starting out, to elderly individuals ready for a secure complex lifestyle.

BESTER BIRDS AND ANIMAL ZOO

SPOTLIGHT

Neighbourhood

15 NOVEMBER 2015

Things to do in and around Equestria •

Green-fingered enthusiasts can visit R3 and R5 Nursery and Budget Plants

•

Take the family to learn about the animals at Bester Birds and Animal Zoo

•

Shop till you drop at The Grove Mall, Equestria Shopping Centre and Equestria Gateway Centre

•

Select your garden decor at C&M Landscaping

•

Go ice-skating at The Grove Mall

•

Indulge in the pottery classes offered at one of the garden centres. BUDGET PLANTS

BESTER BIRDS AND ANIMAL ZOO

THE GARDENROOT NURSERY

EQUESTRIA SHOPPING CENTRE

Buying in Equestria The monthly bond repayment to purchase a typical property in Equestria, namely a threebedroom house, with the median asking price of R1,8m, is R16,778 per month over 20 years at prime of 9,5 % with no deposit. C&M LANDSCAPING

Property demand for Equestria

properties

ICE-SKATING AT THE GROVE MAL

17%

18%

17%

Properties listed for sale in Equestria comprise approximately 17% of the total sale listings in Pretoria East.

Approximately 18% of the interest (views) in properties for sale in Pretoria East is attributable to those on the market in Equestria.

Properties listed for rent in Equestria comprise approximately 17% of the total rental listings in Pretoria East.

17%

Approximately 17% of the interest (views) in properties for rent in Pretoria East is attributable to rentable properties in Equestria.

Neighbourhood

15 NOVEMBER 2015

Median asking prices for Equestria properties

R1,8m

R1,26m

For a typical property (three-bedroom house)

In a complex

R780,000 For a flat

SPOTLIGHT

R1,9m For a house

Property types for sale

15%

29%

Flat

House

56% Complex

Property types for rent

10%

28%

Flat

Median monthly asking prices for Equestria rentals

House

67% Complex

R14,000 For a typical rental property (three-bedroom house)

R11,170 In a complex

R14,270 For a house

R6,340 For a flat

South Africaâ&#x20AC;&#x2122;s ďŹ rst dedicated On Show website.

Find property On Show in your area. www.privateproperty.co.za/on-show

A home for everyone www.privateproperty.co.za

0099 ACCU_Stimes FastClix_r1.pdf

2015/11/10

8:17 AM

Neighbourhood

15 NOVEMBER 2015

PROPERTY NEWS

Correct pricing It’s natural for sellers to allow sentiment to colour the value they put on their homes. But pricing a property for sale correctly from the outset is vital WORDS: LISA DEWBERRY

IMAGES: ISTOCK

omeowners naturally value their home more. But sellers also need to sell their property according to what they are planning to acquire next. Pricing a property for sale correctly from the beginning is still an important factor in determining whether it sells quickly, and at the highest possible price. Berry Everitt, CEO, Chas Everitt, says sellers can’t base their asking price on insurance or the municipal value of their property, or what they want to get out of the sale in order to buy another property. He says this isn’t relevant to what buyers might pay, and the way to predict a price is to find out what was recently paid for similar properties in the area. “Setting the asking price of a property should be a strategy, not an emotional undertaking. Sellers might consider that the price R900,000 is more appealing than R899,999, as the

property will be perceived as a quality product rather than a discounted item. Consumers prefer figures fours and sevens such as R894,000 or R897,000 because these prices look more ‘considered’ and accurate, and they don’t want to work hard to understand pricing – so ‘R1m’ works better than ‘R1,000,000’,” says Everitt. David Jacobs, regional property manager, Rawson, says sellers should add up the costs to own and run their home each month, including bond repayment, municipal rates, service charges, insurance, maintenance and levy. The total can be substantial and is the monthly holding cost from the time the property is listed for sale until it is transferred into the new buyer’s name. “Sellers should calculate whether a higher asking price making the home difficult to sell, compensates for holding

costs mounting every month. If their monthly holding cost is R20,000 and the price is R80,000 above current market value, any benefit achieving that higher price will be eroded in four months if the home is not sold and transferred in that period,” Jacobs says. Jan Davel, managing director, RealNet, says sellers should ask their agent for a comparative market analysis (CMA) before deciding on property price. A CMA should include a list of similar properties for sale in the area at that time, and their asking prices. “It should also have properties recently sold in the area, listing times, initial asking prices and eventual selling prices. By using homes with the shortest listing times and actual selling prices as a guide, sellers should be able to set a marketrelated price to ensure immediate buyer interest and a swift sale,” says Davel.

PROPERTY NEWS

Neighbourhood

15 NOVEMBER 2015

Analyse it PATRICK CAIRNS

For love and money A

2014 study by the American Psychological Association found that the majority of Americans feel that money is a significant source of stress for them. This feeling is most acute among parents. The same study found that nearly a fifth of Americans say that money is a taboo subject in their families and more than a third say that talking about money makes them uncomfortable. When these findings are considered alongside a survey conducted by researchers from Utah State University that found that finances are the main source of conflict in marriage, a picture begins to emerge. In the modern world where so much revolves around money, financial issues are having a big impact on our relationships. Often these problems are exacerbated because of a legacy of defined gender roles. There is an assumption that men are better at managing money than women and so in many cases they are left to deal with it all.

Gated communities on the rise Gated communities offer many benefits and amenities, and are gaining popularity in KwaZulu-Natal

he demand for accommodation in gated communities is rising steadily all over South Africa, and KwaZulu-Natal is no exception. With 5,000 homes in secure estates in Upper Highway alone, including Kloof and Hillcrest, there is a noticeable pattern that is seeing the Midlands joining the fray for sectional-title community living.

WORDS: LAUREN JOUBERT IMAGE: SUPPLIED

We find out more from property sales and marketing expert Andrew Smith of St John’s Village Retirement & Lifestyle estate in Howick. Q: Why have gated communities become so popular? A: Security is a priority, and gated estates offer homeowners peace of mind in this regard. The capital appreciation is a big factor too, with homes in secure estates outpacing freestanding homes at a growth of between 6% and 15%. Children can be left to play in a carefree space, while those looking to retire can do so in a safe environment. Q: Have you noticed a pattern in recent development trends in KZN? A: Estates that are situated near good schools are very popular and have waiting lists of people wanting to rent and buy. Areas such as Hillcrest enjoy a large number of gated estates, and sales in Plantations, Cotswold Downs and Augusta are brisk. The newly launched Emberton family estate sold over R100m worth of property

on its launch weekend. Midlands estates such as St John’s Village, are popular among young families and retiring folk who want a rural country lifestyle. Coastal estates near the airport and Umhlanga business district are in huge demand too.

Q: What lifestyle benefits can buyers look forward to when purchasing property in these estates? A: Besides security, they offer facilities that enhance the family lifestyle – golf courses, swimming pools, tennis or squash courts, gyms, and restaurants – to name a few.

Q: What can potential homeowners expect at St John’s Village? A: St John’s offers exceptional value because it is newly launched, with three-bedroomed homes in Orchards in Phase 2 from R1,8m, and freestanding homes in The Vineyards from R2,4m. Twobedroomed units are also available from R1,65m. Facilities will include a shopping centre, vineyards, arboretum, fishing, bird-watching, a sub-acute care facility, and a clubhouse with dining room and pub. The new Life Hospital has been completed in Hilton 15 minutes away, and excellent private schools such as Michaelhouse, Hilton College, St Anne’s Diocesan College and Treverton are a 20-minute drive away.

This can put huge stress on the male partner who feels that he has to take responsibility even if he doesn’t actually have the skills to do so, while his wife or girlfriend might think she is being supportive by not questioning what he may or may not be doing. The result is that neither really has a handle on what is happening and that causes mistrust. Even in same-sex couples this can be a problem as the lack of defined roles might result in both partners abdicating responsibility. SEE FOR YOURSELF:

There is, however, no reason to believe that men are any better at handling finances than women. Often quite the opposite is true. If we have the same education and the same experience, there is nothing that makes men inherently more astute. An important first step is for couples to accept this and that their finances are not something that can just be left to one or the other. They need to work out together how they are going to manage money, and who feels comfortable doing what.

According to the American Pschological Association, 64% of all Americans and 77% of American parents feel that money is somewhat or a very significant source of stress

Ultimately it doesn’t matter whether you decide to have joint accounts or separate accounts, whether you share all responsibilities or if you apportion who pays for what. What is important is that you make financial decisions together. That counts for everything from paying for groceries to investing for your retirement. It is very easy to argue about money, but when you have the respect and honesty to discuss and decide on these matters together, you might find that there is a lot less to argue about.

Andrew Smith andrew@cotswolddowns.co.za stjohnsvillage.co.za

Top Tip SIMON BRAY, CEO: PRIVATE PROPERTY

privateproperty.co.za

Buying a holiday home is a big expense and commitment, but you need to consider the benefits. Whatever the cost in terms of additional expenses, your future holidays are free and this is an asset that can be passed on to future generations

Neighbourhood

15 NOVEMBER 2015

Go coastal

Here are coastal property trends you need to know WORDS: BELINDA MOUNTAIN

IMAGE: NOVOS GROUP

PROPERTY NEWS

eading closer to the year-end break, many Gauteng families are planning their December holiday at the coast. While most families rent holiday accommodation, a select few are still choosing to buy holiday homes that they use just a few times a year. But where are Gautengers buying these coastal homes and are sales being affected by current economic conditions? Paul-Roux de Kock from Lightstone Property says that just under 10% of Gauteng property owners buy property in other provinces every year. “Currently, about a third of these owners buy in the Western Cape, with KwaZulu-Natal capturing another 20%,” he says. Lightstone’s research shows that the remainder of Gauteng owners opt to buy in the other six provinces, in much smaller proportions. And it’s not all holiday homes either. Lightstone estimates that about 42% of the Gauteng owners who bought property in the Western Cape so far this year did so with the intent to “semigrate” and move there permanently, while he says that the remaining 58% are keeping their properties in Gauteng for the foreseeable future. According to recent data released by Lightstone, fluctuations in the coastal property market are similar to those of the luxury property segment, but are a

lot more pronounced during aggressive dips and booms. Prices of coastal homes that are further from the beach have always been significantly lower than those closer to the beach, for obvious reasons. But what the latest Lightstone data indicates is that properties further from the beach (from 3km to 5km away) are seeing more aggressive price growth (nearly 8% year on year) when compared to properties closer to the beach (less than 1km away) of only 4%. This is because the higher average value of beachfront properties makes aggressive price growth of an already high base price less likely.

Just under 10% of Gauteng property owners buy property in other provinces every year Another noticeable trend is that sectionaltitle beachfront properties, which are often bought as investment properties to rent out, are seeing sluggish growth of 4% year on year, while freehold coastal properties are rising at roughly 9%. This is because as the economy slows down and the general public is less able to go on holiday, the value of these sectionaltitle investment properties diminishes.

PROPERTY NEWS

Neighbourhood

15 NOVEMBER 2015

Telecommunications for property owners Tshwane is gearing up for an enhanced telecommunications system to be rolled out in its existing underground municipal service networks WORDS: LEANDI CAMERON

IMAGE: ISTOCK

fibre optic network comprising approximately 2,000km of cable is set to be installed in the Tshwane municipal area. The project commences next year and will likely continue for five years. “Like all South Africans, Tshwane residents (consumer, business and government) have telecommunications needs. This project will help satisfy those,” says Craig Carthy, director of open access Layer-1 infrastructure company LinkAfrica. He stresses that there is such a backlog of state-of-theart communication infrastructure enabled

by fibre optic networks, that it will take some time until every resident has a modern telecommunications service. After a long legal battle to implement the fibre optic network, the court has decided on the rights of the various parties involved. Following this judgment, telecommunications firms such as LinkAfrica can now set about deploying networks on public and private property in a responsible manner, giving due regard to applicable legislation, such as common law of servitudes, bylaws, health and safety laws. For the introduction of the network into Tshwane, telecommunications firms are expected to approach property owners to inform them that they

have a requirement to install fibre optic cables on their property. “Any installation entails a lot of mess, as these cables are traditionally buried underground. We will deploy the fibre optic network with our patented technology Focus (fibre optical cable in underground systems) – which is used by all South African telecommunications firms, such as voice and internet service providers – to place cables in existing sewers and stormwater pipes,” Carthy says. “This will be a faster and cheaper deployment, and cause less destruction of roads and pavements. Once installed, the tenants and property owners can enjoy being connected to the digital age,” he concludes.

It will take some time until every resident has a modern telecommunications service

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Neighbourhood

15 NOVEMBER 2015

Neighbourhood

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Neighbourhood

15 NOVEMBER 2015

Neighbourhood

MARKETPLACE

Area Guide B:

Midstream Estate

Midstream Ridge

Monavoni Monavoni AH

Brooklyn

25, 31

Mooikloof

Brummeria

Mooikloof Gardens

Mooikloof Ridge Estate

Moreleta Park

25, 27, 29, 39

Blue Valley GolF Estate

Boardwalk Meader

24, 31

Bronberrick

C: Celtisdal

Centurion

Centurion Golf Estate

28, 34

Clearwater Estate

Clydesdale

Constantia Park

26, 29

Cornwall Hill

Cornwall Hill Estate

Country View Estate

D: Die Hoewes

Die Wilgers

26, 27

Doornpoort

Doringkloof

O: Olympus

P: Pierre Van Ryneveld

Pretoria Central

Pretorius Park

Protea Aftree Oord

R: Rietfontein

Rooihuiskraal North

Elarduspark

26, 40

Shere

Eldoraigne

25, 38

Silver Lakes

27, 36

Equestria

26, 37

Silver Lakes Golf Estate

Silverton

37, 38

Silverton Ridge

Six Fountains

Six Fountains Residential Estate

Soshanguve

29, 38

Soutdowns Estate

24, 25, 26, 30, 31, 36

G: Garsfontein

26, 29

Gezina

30 26 - 27 28 - 29 23 36 - 40 31 - 35 24 - 25

Eastwood

Faerie Glen

Adrienne Hersch Properties Aida Leapfrog Pam Golding Properties Rawson Properties Seeff Properties Sotheby's International Realty

N: Newlands

Agency Guide

T: H:

Thatchfield Close

Hatfield

30, 39

The Meadows

Hennopspark

The Reeds

Highveld

28, 34, 38

The Wilds

Irene Proper

Val de Grace

Irene Wood Estate

Valley View Estate

Villieria

L: La Montagne

26, 31, 38

Leeuwenhof

31, 38

Wapadrand

Lynnwood

25, 26, 31

Waterkloof

25, 32

Lynnwood Glen

Waterkloof Heights

Lynnwood Manor

26, 32

Waterkloof Park

Lynnwood Ridge

Waterkloof Ridge

27, 33, 40

Lyttelton

Wierdapark

Lyttelton Manor

Willow Acres

Willow Acres Estate

25, 33

Woodhill

Woodlands

M: Menlo Park

Meyerspark

30, 32

Midlands Estate

Midstream

Zwartkop

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yourneighbourhood.co.za | 15 NOVEMBER 2015