Western Cape Seaboard continues to experience growth in property activities. These activities are influence by growith buyers interest in the area becuase of its location and property value. Parklands properties are experiencing even more activites as more buyers eye the area.
The Cape Town Bus Rapid Transport is the most contributing factor as it will reduce traffic levels and offer transport option to car users. Currently residents depend on limited bus service that uses the same route as all cars driving to and from Cape Town. The BRT will offer cheaper options for all commuters.
Property prices in the area are cheaper this year as compared to same time last year. This results from the fact that recession had a major impact on sales. Banks were reluctant to finance bonds and many owners did not opt to sell their properties then.
The bulk of enquiries received by Rawson Properties in the area were enquiring about rentals. This is a good sine that the demand for buy to rent stock is picking up again. This will attract more investors who are looking for development opportunities. Parklands properties received more inquiries than Tableview and Blouberg areas.
The demand for buy to occupy remains steady but signs show that it will be on the incline soon. This results from the fact that Parklands Properties are well priced and that more activities take place in the area. A generously proportioned house in Parklands is priced between R750 000 and R1 million.
The Cape Town Bus Rapid Transport is the most contributing factor as it will reduce traffic levels and offer transport option to car users. Currently residents depend on limited bus service that uses the same route as all cars driving to and from Cape Town. The BRT will offer cheaper options for all commuters.
Property prices in the area are cheaper this year as compared to same time last year. This results from the fact that recession had a major impact on sales. Banks were reluctant to finance bonds and many owners did not opt to sell their properties then.
The bulk of enquiries received by Rawson Properties in the area were enquiring about rentals. This is a good sine that the demand for buy to rent stock is picking up again. This will attract more investors who are looking for development opportunities. Parklands properties received more inquiries than Tableview and Blouberg areas.
The demand for buy to occupy remains steady but signs show that it will be on the incline soon. This results from the fact that Parklands Properties are well priced and that more activities take place in the area. A generously proportioned house in Parklands is priced between R750 000 and R1 million.