News

The recently released property sales figures for Plettenberg Bay and surrounds reflect the turbulence of the past year, says Helen Ward, principal of Helen Melon Properties. The National Deeds Office sales figures for the year are down 4.84% from 2023, with 551 sales compared to 579. These numbers showcase twelve months marked by national elections, loadshedding and economic uncertainty...

The Plettenberg Bay Ratepayers Association Town Planning Report 2024 highlights urban growth, new retail centres, and housing developments, particularly for middle-income residents. Concerns include infrastructure strain, environmental impacts, and unchecked large-scale developments. The report urges improved governance, long-term planning, and transparent property disposal. While praising municipal efforts, it stresses the need for sustainable growth, infrastructure investment, and economic str...

When comparing the figures for the first three quarters sales (January – September 2024) to the same period in 2023, these are down by 5.5% with 424 sales in 2024 and 449 sales in 2023. “With the general elections behind us, we are finally starting to see a more buoyant market”, says Ward...

With the provisional closure dates over the festive season of the Western Cape Deeds Registry, there could be an effect on your property registration and transfer dates, especially if you have requested a specific date for registration...

Experience has taught Helen Melon Properties, Plett’s niche property specialists, that pricing a property right in the first place will save disappointment and achieve higher prices for sellers in the long run...

Half-year figures released by the Deeds Office indicate that Plettenberg Bay’s property market appears to be holding its head above water, after the national election and found some stability after the formation of the GNU (Government of National Unity)...

The Supreme Court of Appeal overturned a High Court ruling, stating that a law firm isn't liable for economic losses from cyber fraud unless a specific legal duty requires prevention. The case involved a woman losing R5.5 million in a property transaction due to fraudulent emails altering payment instructions. The decision highlights the importance of caution and verification in electronic transactions, especially in conveyancing...