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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

lampenhof

Property Rates Amendment Bill Will Kill Residential Developments

17 July 2011 By Siyathetha

An already struggling and limping property market will be severely damaged should the Property Rates Amendment Bill become law without any further changes and it would sound the death knell for developers and investors, says Keith Wakefield, the of CEO Wakefields Real Estate. This Bill which will see rates on rental properties more than double will stop residential development in its tracks particularly as the first to take up new build units, in some cases by as much as 50%, are investors. … [Read more...] about Property Rates Amendment Bill Will Kill Residential Developments

Do You Also Sense the Hand of God Here?

9 February 2011 By Alan Straton

An eagle eyed Central resident spotted Yet Another Ken Denton Ferocious Fire (YakDoff) in the empty Lampenhof block of flats early this morning. Quick action by Metro Fire and Emergency Services ensured that the blaze was contained from spreading to the surrounding historical buildings. I am sure that Ken will correct me if I am wrong but, if memory serves, this is fire number seven (7) to have taken place in one of Ken's buildings (you know my telephone number Ken - just let me know if I … [Read more...] about Do You Also Sense the Hand of God Here?

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