| Namibia Economist |
| Property: building versus buying |
December 2006 |
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Three years ago it would have cost Namibian consumers 30% more to build a new home than to buy an existing one. But the picture has changed decidedly since, in that the price gap between new and existing houses has steadily dropped over the past three years and is currently at a marginal 1,5%. Therefore, it is little wonder that demand for new houses has surged over the past three years.
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| Namibia Economist |
| How to buck the property trend |
October 2006 |
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Why writing this now, you may ask? The boom is over, surely people should stop investing in property and those who are invested should get out as quickly as possible. My response to this question is a simple one “ Why stop buying when the going gets good?” In the past three to five years, we have seen an unprecedented boom in property in the middle to upper income residential sector.
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| Namibia Economist |
| Property prices soften providing lucrative opportunities |
October 2006 |
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Serious investors should prepare to make the most of lucrative opportunities in the property market in the next six to 12 months. Softening prices coupled to rising interest rates are a major incentive for speculators to flee the property market - and this creates opportunities for serious investors who want to build equity by hanging on to their investments in the longer term, typically three years or longer.
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| Management buy-out |
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August 2006 |
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Swakopmund based property company, Prolink Namibia, an-nounced this week that management bought out the remaining shares previously held by Prowealth Group of Companies to become the sole owner of the company. Prolink Namibia
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| Tourismus Namibia |
| Geplanter Golfplatz spaltet Swakop |
May 2006 |
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Die Präsentation des neuen Golfplatz-Projekts entlang der Swakopmunder Küste sorgt für Gesprächsstoff. Viele Bürger würden sich über gepflegtes Grün freuen, schütteln jedoch bei dem Begriff ,,Golfplatz mit öffentlichen Wanderwegen" verständnislos den Kopf.
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| Namibia Economist |
| Prolink Namibia launches joint ownership |
May 2006 |
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Innovative thinking is the order of the day in an environment where the apparent slow-down in the property market and consolidation in house prices make itself felt in Namibia. This trend growth in property prices over the past years have had the effect that property prices became out of reach to the average citizen, wishing to secure properties in the middle and upper price ranges.
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| Tourismus Namibia |
| Immobilienmarkt gesättigt? |
February 2006 |
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Der Immobilien-Kaufrausch in Swakopmund scheint abgeflaut. Knapp 1000 Wohnungen sind derzeit in der Küstenstadt auf dem Markt, der Verkauf geht nur noch langsam voran.
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| Namibia Economist |
| Property market consolidates but expected to remain active |
February 2006 |
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The residential property market remains active, and is expected to remain active for the rest of the year in the face of softening property prices growth in the middle to high price band. The deceleration in the range, which has far exceeded last year’s at the same period, comes at a time when consolidation is creeping into house prices with much activity in the lower to middle price band - this which has outpaced other bands in growth.
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| Namibia Economist |
| Prolink extends Prowealth property link at the coast |
21 October 2005 |
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Prolink Namibia, an independent property business within the Prowealth Group, opened its doors this week in Swakopmund under the leadership of Emily Schneider-Waterberg. Prolink is a property service company operating nationally, focussing on the needs of investors, buyers and sellers...
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| Overviews |
| Residential property gauge |
December 2005 |
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Some huff and puff, but not falling down. The residential property market continues to be buoyant, although the growth in house prices have softened substantially from last year’s peak.
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| Newletters |
| With Prowealth your future looks bright! |
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| Prowealth Asset Managers Namibia in association with Plexus Asset Management officially launched its new Prowealth Namibia CPIX + Focus Fund range on 8th of March 2005 at the Windhoek Country Club. Prowealth’s director, Mr. Riaan Potgieter, said investors want to safeguard their capital but at the same time want to outperform key benchmark indices specifically relating to real return over and above inflation. |
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| Property as an instrument to create Wealth |
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Wouldn’t it be wonderful if we all had enough money to afford a comfortable lifestyle? Enough to carry us through times of ill health, old age or even to sustain our families when we are not there to take care of them anymore. So much money that we don’t even feel the pinch of inflation.
True, money can not make us happy, but enough of it can make a difference in how we live our lives. We need money to be secure and comfortable.
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| Newsflash : Seeff and SAA Voyager Partnership |
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The recently launched Seeff Voyager partnership allows both buyers and sellers to earn valuable Voyager Miles on qualified transaction at no extra cost.
• Seller on mandate to Seeff gets 1 Mile for every R100 of the selling price if the buyer is introduced through Seeff.
• Seller on mandate to Seeff gets 1 Mile for every R200 of the selling price if the buyer is introduced by another company.
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