CENTURY 21 Royal Properties

CENTURY 21 Royal Properties from CENTURY 21 South Africa

By: CENTURY 21 South Africa  05-12-2009
Keywords: Estate Agent, Property in Glenvista, Property Johannesburg South,

CENTURY 21 adds “The new South” to its property crown    The property market of Johannesburg’s Southern suburbs has a new service provider in the shape of the world’s largest property group, Century 21.   Based in Mulbarton “Century 21 Royal Properties” meets the needs of property consumers across the market spectrum from entry level homes to mansions says Neels Potgieter, Principal and owner.   “There is a lingering perception that the Southern suburbs are somewhat down market. Nonetheless there is a widening appreciation of the South’s selling points: good infrastructure in terms of roads such as the M1 and the N12, schools and shopping facilities such as The Glen and Comaro Crossing and good access to all points of the Johannesburg compass.   “What’s missing from the South are more employment opportunities, but in time this too will no doubt be remedied as businesses increasingly identify and explore the potential of the area.   “Moreover, the economic vibrancy of the area is underlined by a sound property market which has weathered the downturn better than most.   “Entry level prices start at around R800 000 for a three bedroom home in Mondeor, ranging up to the multi-millions in the more up-market areas such as Bassonia, Glenvista and Mulbarton, which have been virtually immune to the economic woes.   “On the other hand, as might be expected, entry level areas such as Mayfield Park, Kibler Park, Winchester Hills, Mondeor and Mulbarton have indeed been affected, with prices having dropped by about 10-15%.  However therein lies opportunity for buyers with a wide choice of property types.   “Also, the letting market is doing well, which suggests that, given further drops in interest rates, fresh demand for home ownership will come from many of these tenants.   “In this climate our new office has done exceptionally well since opening because of our close relationship with the lending institutions and the emphasis we place on pre-qualifying our buyers for bonds.   “Indeed, we are successful with about 60% of our bond applications, as opposed to the market average which I understand, is as low as 30% in some areas. The area now stands upon its own merits as an important property market.”  

Keywords: Estate Agent, Property in Glenvista, Property Johannesburg South, Property Johannesburg Southern Suburbs,

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