Real Estate Investor Magazine South Africa June 2014 | Page 10

PROPERTY ALERTS

Highlights in the property industry
The Good

A Healthy Property Market in The Cape
Several current indicators are providing sensible reasons to buy property on
the Cape Peninsula right now,” says Mike Greeff, CEO of Greeff Properties,
an exclusive Affiliate of Christie’s International Real Estate. “Firstly, an
important ‘tipping point’ has been reached in the present market in that
homes which have been sitting on the market for extended periods of time are
finally selling,” says Greeff. He explains that many of these homes entered the
market with inflated price tags, but following a shift in sel \