06 September 2008

Saturday Open Thread

Got something to discuss that we haven't covered? It's time for our Saturday open thread.

3 comments:

Anonymous said...

Hi,

Does anyone have some information how things are currently going at "The Rockwell"? This building has been discussed several times on this blog. Is everything sold now, I don't see any availabilty on the developpers website? I heard that some buyers are now selling for 30% above the price they paid 2 years ago? Is this true?? Especially with the current market in mind?

CT Bubble said...

As far as I can tell the developer still hasn't sold out and is renting out unsold stock. Check out these two ads:
http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-houses-apartments-for-rent-Selection-of-6-various-Two-bedrooms-units-unfurnished-W0QQAdIdZ64941988
http://capetown.gumtree.co.za/c-Flat-House-Real-Estate-houses-apartments-for-rent-The-Rockwell-apartment-selection-W0QQAdIdZ64522953

Anonymous said...

Catch a falling knife in Somerset West: This plot now offered at R 750 000

http://www.propertygenie.co.za/PG/south-africa/residential-property/listing?listingCode=5109331

Was originally offered at 1.1 mill

http://www.propertygenie.co.za/PG/south-africa/residential-property/listing?listingCode=5109342

Ouch!