Page 32 - Kyalami Issue 1_2023
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Kyalami Estates Corporate Brand Bible  Design  26
 3.0  Folder (Inner)
       FEATURE
        APPETITE FOR LIFESTYLE
 Kyalami Estates Corporate Brand Bible  Design                                                                                                         23
        ESTATES REMAINS STRONG
 3.0  Invoice Template
               he last two years have been a little “bumpy” in terms of
               the market.  We have seen interest rates drop drastically
               in 2020 from 10% to 7% (Covid-induced), and then rise
        Tquite significantly again, periodically until the latest
        hike in Jan 2023, bringing the repo rate to 7.25% and the prime
        lending rate to 10.75%. This was a big jump from 7% up to
        10.75% over a short period. Covid had families moving to find
        more space to work from home and lifestyle estates for the kids
        to enjoy. It created a huge demand for lifestyle estates and the
        trend has continued but has slowed down in this last quarter   This is illustrated through the low household sales turnover.
        whilst homeowners take stock of the rising rates and costs to   The average resident has lived in the estate for over 18
        households.                                              years. Each home is a representation of the homeowner’s
                                                                 taste and character, from ultra-modern to French country
        Inflation has decreased to 7.2% (from 7.4%) and appears to have   styles. This is not an estate of replicated roofs and it
        stabilised (holding thumbs, horses, and the whole cavalry!)   therefore appeals to a wider range of buyers.
                                         INVOICE
        The residential market has seen a successful 2020 to mid   Kyalami Estate continues to attract families with its security,
        2022, as a result of the low interest rates. Despite the rate hike   aesthetic appeal, commitment to nature in the form of
        from mid-2022, the market still managed to end off the year on   indigenous trees and dams, and its sense of community as
        a secure footing. This is attributed to solid support from banks in   a whole.
                                        Entity: Kyalami Estates
        terms of mortgage lending, as well as cash buyers in the market.   Looking for some great tips to stage your home to sell
                                    Entity VAT No: 2018/031605/07
                                           Entity Reg No:        quickly?
                                       Invoice Date: xx May 2019
                                                                 Staging a property works wonders to get a home sold. RESA
                                                                 (Real Estate Staging Association) gives the following market
                                                                 duration stats:
                                              Bill to:           No staging averages 143 days on the market, versus 40
                                                                 days with staged homes (70% faster to sell);
                                                                 Staging assists on average 82% of buyers to visualise them
                                                                 living in the home – most people struggle to visualise, and a
                   Attention:xxxxx xxxxx                   Tax Invoice No: xxxxx xxxxx
                                                                 vision needs to be presented to the buyers;
                     Xxxxx xxxxxxxxxxxx                   Recipient VAT No: xxxxx xxxxx
                                                                 Relative to the amount of time and money involved, staging
                     Xxxxx xxxxxxxxxxxx                      PO Number: xxxxx xxxxx
                                                                 may be one of the most lucrative projects you’ll ever
                                                                 undertake.
                                                                    1.  Make sure your home is neat (remove clutter, fix
                                                                        broken doors/windows etc).
                   Account:               Your Reference:           2.  Lighten it up! Make sure all lights are switched on,
                                                                     Tax Reference:
                                                                        open windows and doors for fresh air and to create
                 Kyalami Estates            Kyalami Estates           Kyalami Estates
                                                                        an indoor/outdoor feel.
                                                                    3.  De-personalise. Buyers need to envisage
                                                                        themselves living in the home, therefore remove
        How does the luxury lifestyle estate market fair within the     photos, keep clothes out of sight and make sure
        broader context of the South African residential market?        bathroom counters are empty (except for the
                 Description:                Unit Price              Tax Reference:
        According to Lightstone, over the last decade the sales numbers   handwash).
                                             R000 0000
                Xxxxx       xxxxxxxxx
                                                                        R000 0000
        within the top-end estates, the R3 million homes plus, have     R000 0000
                                             R000 00000
                Xxxxx        xxxxxxx
        steadily increased, and have more than doubled from 2010 to   We at Gaye Cawood Realty have over 32 years of realty
        2020.                                                    experience in the Johannesburg northern suburbs,
                                                                 specialising in the lifestyle estate space. The trends we
        This could be attributed to the lifestyle that these estates offer,   have seen is that homeowners rarely move from an estate
                                      Sub Total: R000 000.00
        which are vital and extremely sought after in South Africa. This   lifestyle once they have owned a home in an estate, and
                                      VAT 15%: R000 000.00
        would include:                  Total: R000 000.00       merely migrate between estates for economic, work, or
                                                                 family reasons.
            -   Green living/back-up power;
            -   24/7 security;                                   We look forward to being a part of the Kyalami Estate family
            -   Community based lifestyle;                       in 2023!
                                     Account Name: Kyalami Estates
            -   Convenient onsite amenities and facilities (including
                                            Bank: Investec
               schools, shops, gyms etc);  Account: xxxxxxxxxxxxxxx
            -   Attractive environment and location.
                                        Account Type: Current
                                         Branch Code: xxxxxx
        Kyalami Estate is a truly special and highly sought-after
        community. I say community as it is just that, a collective of
                                        Estate Office & Administration
        happy families who connect and are united through sports
                                  Tel: (011) 468 3001/2  |  Fax: (011) 468 1246
        activities, the variety of clubs and societies and annual events
                                       Email: info@kyalamiestates.co.za
        that the estate offers.        PO Box 50, Kyalami Estates 1684
   30 Kyalami Estates • CONNECT • Issue 1 • 2023
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