Susan Deacon Properties are always moving forward and you would have noticed that our website had a few changes to the links and basic layout over the last week.

We have linked up with Safari Now. This is South Africa’s leading accommodation portal and we have arranged discounts on accommodation bookings for all our clients.

Rhino Africa, an online African tour operator is now our official tour operator for all African safaris and tours. Looking for that long awaited holiday, visit their web and have a look at all the exciting packages on offer.

For all the Golfers - Global Golf Tours is the global leader in arranging golf tours from across the globe. So no matter where you plan to take the family you can always included a few rounds of golf on the best golf courses in the world. They will plan your tour according to your needs.

Looking for an overseas investment, Spain, Portugal, Bahammas, Turkey, Dubai, etc. Then visit our International section with the best lifestyle and investment opportunities from across the globe. No matter what your needs, we've got it covered.

Last for this week, but not least is that we are now marketing one of South Africa’s leading development companies portfolio. The portfolio consists mainly of the Cape Town and Helderberg areas. Keep reading our newsletter to see what they have on offer and we will keep you updated weekly on any new investment opportunities in these areas.

So for this week, but more on its way, you can now book accommodation, arrange tours, buy property overseas and brows the best selection of developments in the country from one website. The Susan Deacon Properties Portal.

CONTENTS
1. Prestige developments
2. New release property
3. There is more to Africa - 2010 Soccer news
4. Beatle mania in George
5. Ina Paarman's weeknite winner

PRESTIGE DEVELOPMENTS
CAPE TOWN - STRAND & GORDONS BAY

TOPAZ BEACHFRONT APARTMENTS

Topaz the most exclusive apartment building in the Western Cape. Situated on the Strand Beach Road golden mile. Spectacular unobstrcuted ocean views. Interior designed and decorate by up market consultants. 2 Bedroom apartment, 2 bathrooms, living areas, gourmet kitchen, 2 balconies, 2 secure basement parkings and store room. Indoor & outdoor swimming pools and gym area.

ID3968

NEW RELEASE PROPERTY
NAUTICA

Nautica is a modern well-designed apartment building within 100m from the Strand Beachfront located between Van Der Spuy, George and Victoria Street.

This ultra modern building consists out of one bedroom, two bedroom and loft apartments with limited views of False Bay and unlimited views over Hottentots Holland mountains.

This well designed building consists of 5 storeys. The lower ground level all has private gardens and entrances to Van Der Spuy Street for easy access to the Strand Beachfront.

From R835 000
ID3963

GLADSTONE PLACE

Gladstone Place is a 28 unit Sectional title security complex situated within walking distance from the Strand CBD and beaches. Multi Projects has negotiated an exclusive deal for our investors in this popular holiday destination.

FRom R525 000
ID3964

MONT BLANC APARTMENTS

FROM R469 000 - Buy now pay in 2010, Only R15 000 deposit, VAT Back, Fully furnished option, Appointed Management and administration company, Up to 100% Bonds available, No transfer or Bond costs, Housekeeping service, Prime investment, Within walking distance of the Strand CBD, Well designed kitchens with Granite tops.

ID3965

LA BELLA SECURITY DEVELOPMENT

Labella is a sectional title security complex consisting out of eleven clusters being developed in two phases. Labella is a security complex with tarred and cobblestone road, landscaped gardens and a entertainment area and swimming pool. The complex consist out of eleven different style one and two apartments and has ample covered and guest parking. Labella is the ideal location for holiday makers, investors and owner occupiers alike. Very good rental potential.

Fully furnishing option with Hotel star grading will be provided for those owners that partake in the holiday accommodation rental pool option. An appointed management and administration company will manage the housekeeping service on behalf of the owners. Owners may also use their holiday apartments with 24hr prior notice. The increase rental income from holiday accommodation includes Gladstone a preferred choice.

From R559 000
ID3969

GEORGE - BLANCO

Modern 3 bedroom home with easy living features. Kitchen, laundry, covered BBQ/ patio and garage.

R1 050 000
ID3974

THERE IS MORE TO AFRICA - 2010 SOCCER NEWS

South Africa will stage the best World Cup in history when it hosts the global showpiece in 2010, Barcelona's Cameroon international striker Cameroon Eto'o said on Thursday.

"FIFA did the right thing in granting the World Cup to us. I say and I repeat that this will be the most beautiful Cup ever held," the former African Player of the Year told a sport conference in Barcelona.
"People don't know Africa, when someone talks about Africa, people believe we still use bows and arrows," the 27-year-old added.
"They will be pleasantly surprised if they go to South Africa. It's the best way to show the whole world that there is more to Africa than just famine."

BEATLE MAINIA IN GEORGE


Fans of the Fab Four cannot afford to miss an evening of nostalgia paying tribute to the Beatles.

The show "Beatlemania on Tour" will bring back many golden memories when it visits George on 8 March.

A highly talented Australian cast will take you through an amazing musical biography as they pay tribute to The Beatles, one of the most influential bands ever, from Liverpool.

The show employs authentic Beatle instruments, amplifiers and costumes and promises to perform faithful renditions of everyone's favourite Beatle classics.

Beatlemania re-creates the spirit of the Fab Four with Chris Frazer as John Lennon on rhythm guitar, lead guitar, piano, mouth organ and lead vocals, Came-ron Charters as Paul McCartney on bass guitar, piano and lead vocals, Paul Green as George Harrison on lead guitar, piano and lead vocals and Michael Brady as Ringo Starr on drums, percussion and lead vocals.

Musically, no detail is overlooked as Beatlemania perform every song live and in its original key.

Two lucky readers can each win a set of double tickets to the concert by sending an sms to 072 916 1383. Type your name and "Beatlemania GH".

INA PAARMAN’S WEEKNITE WINNER

PENNE WITH PAN ROASTED BUTTERNUT & SAGE
Serves 4 - 6
Pan roasting the butternut gives delicious flavour depth to this economical vegetarian main course. If fresh sage is a problem, use basil or half the amount of fresh rosemary.

SAUCE
3 T (45 ml) butter
2 T (30 ml) canola oil
± 16 sage leaves
1 medium size butternut ± 750 g-1 kg, peeled and cubed 2 cm x 2 cm
1 bunch spring onions, finely sliced with most of green tops
1 t (5 ml) Ina Paarman's Seasoned Sea Salt
2 t (10 ml) sugar
1 T (15 ml) Ina Paarman's White Sauce Powder
2 cups (500 ml) water
1 t (10 ml) Ina Paarman's Vegetable Stock Powder
1 T (15 ml) fresh lemon juice
PASTA
400-500 g penné
2 T (30 ml) olive or canola oil
Ina Paarman's Green Onion Seasoning

TO SERVE
¼ cup (60 ml) grated pecorino or cheddar cheese
reserved spring onion
reserved fried sage
Warm a large heavy based frying pan. Add butter and oil, when the butter foams add the sage leaves and just crisp them. Remove sage with a slotted spoon and keep on one side.
Add cubed butternut in an even layer and cook over high heat, without stirring, until the butternut begins to caramelize to a spotty brown colour. Stir and continue browning the butternut for another 4-5 minutes. Add spring onions (reserve a little for garnish), Seasoned Sea Salt, sugar and White Sauce Powder. Stir to blend.

Add water and Vegetable Stock Powder. Simmer for about 5 minutes with a lid on until the butternut is tender. Add the lemon juice and taste for seasoning. In the meantime, cook the pasta according to packet instructions. Drain and toss with oil and Green Onion Seasoning to taste. Top pasta with butternut mixture. Top with grated cheese, reserved spring onions and crispy sage leaves.

Ina Paarman on the web - www.paarman.co.za

Susan Deacon Properties are always moving forward and you would have noticed that our website had a few changes to the links and basic layout over the last week.

We have linked up with Safari Now. This is South Africa’s leading accommodation portal and we have arranged discounts on accommodation bookings for all our clients.

Rhino Africa, an online African tour operator is now our official tour operator for all African safaris and tours. Looking for that long awaited holiday, visit their web and have a look at all the exciting packages on offer.

For all the Golfers - Global Golf Tours is the global leader in arranging golf tours from across the globe. So no matter where you plan to take the family you can always included a few rounds of golf on the best golf courses in the world. They will plan your tour according to your needs.

Looking for an overseas investment, Spain, Portugal, Bahammas, Turkey, Dubai, etc. Then visit our International section with the best lifestyle and investment opportunities from across the globe. No matter what your needs, we've got it covered.

Last for this week, but not least is that we are now marketing one of South Africa’s leading development companies portfolio. The portfolio consists mainly of the Cape Town and Helderberg areas. Keep reading our newsletter to see what they have on offer and we will keep you updated weekly on any new investment opportunities in these areas.

So for this week, but more on its way, you can now book accommodation, arrange tours, buy property overseas and brows the best selection of developments in the country from one website. The Susan Deacon Properties Portal.

CONTENTS
1. Prestige developments
2. New release property
3. There is more to Africa - 2010 Soccer news
4. Beatle mania in George
5. Ina Paarman's weeknite winner

PRESTIGE DEVELOPMENTS
CAPE TOWN - STRAND & GORDONS BAY

TOPAZ BEACHFRONT APARTMENTS





Topaz the most exclusive apartment building in the Western Cape. Situated on the Strand Beach Road golden mile. Spectacular unobstrcuted ocean views. Interior designed and decorate by up market consultants. 2 Bedroom apartment, 2 bathrooms, living areas, gourmet kitchen, 2 balconies, 2 secure basement parkings and store room. Indoor & outdoor swimming pools and gym area.

ID3968

NEW RELEASE PROPERTY
________________________________________NAUTICA



Nautica is a modern well-designed apartment building within 100m from the Strand Beachfront located between Van Der Spuy, George and Victoria Street.

This ultra modern building consists out of one bedroom, two bedroom and loft apartments with limited views of False Bay and unlimited views over Hottentots Holland mountains.

This well designed building consists of 5 storeys. The lower ground level all has private gardens and entrances to Van Der Spuy Street for easy access to the Strand Beachfront.

From R835 000
ID3963


________________________________________

GLADSTONE PLACE

Gladstone Place is a 28 unit Sectional title security complex situated within walking distance from the Strand CBD and beaches. Multi Projects has negotiated an exclusive deal for our investors in this popular holiday destination.

FRom R525 000
ID3964



________________________________________

MONT BLANC APARTMENTS

FROM R469 000 - Buy now pay in 2010, Only R15 000 deposit, VAT Back, Fully furnished option, Appointed Management and administration company, Up to 100% Bonds available, No transfer or Bond costs, Housekeeping service, Prime investment, Within walking distance of the Strand CBD, Well designed kitchens with Granite tops.

ID3965


________________________________________

LA BELLA SECURITY DEVELOPMENT

Labella is a sectional title security complex consisting out of eleven clusters being developed in two phases. Labella is a security complex with tarred and cobblestone road, landscaped gardens and a entertainment area and swimming pool. The complex consist out of eleven different style one and two apartments and has ample covered and guest parking. Labella is the ideal location for holiday makers, investors and owner occupiers alike. Very good rental potential.

Fully furnishing option with Hotel star grading will be provided for those owners that partake in the holiday accommodation rental pool option. An appointed management and administration company will manage the housekeeping service on behalf of the owners. Owners may also use their holiday apartments with 24hr prior notice. The increase rental income from holiday accommodation includes Gladstone a preferred choice.

From R559 000
ID3969


________________________________________

GEORGE - BLANCO

Modern 3 bedroom home with easy living features. Kitchen, laundry, covered BBQ/ patio and garage.

R1 050 000
ID3974


________________________________________


________________________________________



THERE IS MORE TO AFRICA - 2010 SOCCER NEWS

South Africa will stage the best World Cup in history when it hosts the global showpiece in 2010, Barcelona's Cameroon international striker Cameroon Eto'o said on Thursday.

"FIFA did the right thing in granting the World Cup to us. I say and I repeat that this will be the most beautiful Cup ever held," the former African Player of the Year told a sport conference in Barcelona.
"People don't know Africa, when someone talks about Africa, people believe we still use bows and arrows," the 27-year-old added.
"They will be pleasantly surprised if they go to South Africa. It's the best way to show the whole world that there is more to Africa than just famine."
________________________________________
BEATLE MAINIA IN GEORGE


Fans of the Fab Four cannot afford to miss an evening of nostalgia paying tribute to the Beatles.

The show "Beatlemania on Tour" will bring back many golden memories when it visits George on 8 March.

A highly talented Australian cast will take you through an amazing musical biography as they pay tribute to The Beatles, one of the most influential bands ever, from Liverpool.

The show employs authentic Beatle instruments, amplifiers and costumes and promises to perform faithful renditions of everyone's favourite Beatle classics.

Beatlemania re-creates the spirit of the Fab Four with Chris Frazer as John Lennon on rhythm guitar, lead guitar, piano, mouth organ and lead vocals, Came-ron Charters as Paul McCartney on bass guitar, piano and lead vocals, Paul Green as George Harrison on lead guitar, piano and lead vocals and Michael Brady as Ringo Starr on drums, percussion and lead vocals.

Musically, no detail is overlooked as Beatlemania perform every song live and in its original key.

Two lucky readers can each win a set of double tickets to the concert by sending an sms to 072 916 1383. Type your name and "Beatlemania GH".
________________________________________
INA PAARMAN’S WEEKNITE WINNER

PENNE WITH PAN ROASTED BUTTERNUT & SAGE
Serves 4 - 6
Pan roasting the butternut gives delicious flavour depth to this economical vegetarian main course. If fresh sage is a problem, use basil or half the amount of fresh rosemary.

SAUCE
3 T (45 ml) butter
2 T (30 ml) canola oil
± 16 sage leaves
1 medium size butternut ± 750 g-1 kg, peeled and cubed 2 cm x 2 cm
1 bunch spring onions, finely sliced with most of green tops
1 t (5 ml) Ina Paarman's Seasoned Sea Salt
2 t (10 ml) sugar
1 T (15 ml) Ina Paarman's White Sauce Powder
2 cups (500 ml) water
1 t (10 ml) Ina Paarman's Vegetable Stock Powder
1 T (15 ml) fresh lemon juice
PASTA
400-500 g penné
2 T (30 ml) olive or canola oil
Ina Paarman's Green Onion Seasoning
TO SERVE
¼ cup (60 ml) grated pecorino or cheddar cheese
reserved spring onion
reserved fried sage
Warm a large heavy based frying pan. Add butter and oil, when the butter foams add the sage leaves and just crisp them. Remove sage with a slotted spoon and keep on one side.
Add cubed butternut in an even layer and cook over high heat, without stirring, until the butternut begins to caramelize to a spotty brown colour. Stir and continue browning the butternut for another 4-5 minutes. Add spring onions (reserve a little for garnish), Seasoned Sea Salt, sugar and White Sauce Powder. Stir to blend.

Add water and Vegetable Stock Powder. Simmer for about 5 minutes with a lid on until the butternut is tender. Add the lemon juice and taste for seasoning. In the meantime, cook the pasta according to packet instructions. Drain and toss with oil and Green Onion Seasoning to taste. Top pasta with butternut mixture. Top with grated cheese, reserved spring onions and crispy sage leaves.

Ina Paarman on the web - www.paarman.co.za

Weekly News - 23 February 2009

End of February and we are already approaching the 3 month of 2009. Some new features to our weekly newsletter is that for cooks and those starting out, we have made an agreement with Ina Paarman to supply our readers with some featured recipes in our newsletters. Paarman Foods is a significant food business servicing a wide spread of different markets with a diverse product offering, all South African. Visit their web – www.inapaarman.co.za

We will also include some news on the 2010 Soccer World Cup on a weekly base.

Enjoy reading and feedback from our readers is always welcome.

CONTENTS
1. Principals Choice
2. New release property
3. 2010 Soccer World Cup ticket frenzy
4. New tax laws comming into effect
5. Tax filling season 2009
6. Important changes for SA visitors to UK
7. Structure plan for CBD
8. Glenwood House flagship for the enviroment
9. Tax budget business breakfast
10. Capital Gains Tax limit now pushed up to R2 Million
11. New interest rates
12. French flair
13. Ina Paarman's weeknite winner

PRINCIPALS CHOICE
GEORGE - BLANCO

MONT FLEUR LUXURY HOME

This luxury Lifestyle Estate is located against the hillsides of the Outeniqua Mountains in the Southern Cape, which forms part of the famous Cape Garden Route. The site lends itself to a healthy and secure coastal lifestyle. The development utilizes the opportunities the site has to offer and also preserves and enhances the inherent qualities of the location.
This home is the centre point of this village, with character and charm. 5 Bedrooms, 3 bathrooms, 4 living areas, kitchen, laundry, pantry, dressing room, BBQ area covered, study and this home has B&B potential.

R3 790 000
ID3945

NEW RELEASE PROPERTY
KWAZULU NATAL

ESTATE AND RESORT DEVELOPMENT LAND APPROVED
An exclusive country estate at an affordable price. It allows one to experience life as it once was, were children could roam around freely, exploring and discovering nature in a secure environment and life still had the tranquillity of the countryside. It is a place were families can start and grow old, were couples can relax and enjoy the sunset, where the air is still fresh and the wind brings in the cool sea breeze, it is like the country we grew up in, the land we fell in love with and the lifestyle we want our children to experience. This is what inspired the creation of this estate. A 217-hectare development with 1336 development opportunities with breathtaking views.

To ensure that the residents enjoy the rolling hills of green and can still hear the bubbling little rivers, 40% of the estate is green with every care being taken to ensure that the rich biodiversity of the area is maintained. Despite the reasonable pricing, plot sizes are between 500 sqm and 5500 sqm allowing sufficient space for privacy. With the average plot size being 900 sqm

Plans, layouts and development approval available on request.

R5 950 000
ID3954


GREAT BRAK RIVER - PIENAAR STRAND

Brand new with views of the ocean. 3 Bedrooms, 3 bathrooms - 2 en-suite, BBQ room, 3 living rooms, kitchen, pantry and 2 garages.

R1 350 000
ID3952

2010 SOCCER WORLD CUP TICKET FRENZY

Johannesburg — FIFA has reported that a scramble for tickets ensued on its website following the launch of 2010 FIFA World Cup tickets globally on 20 February 2009.
"Twenty-four hours after the online tickets went on sale, applications from 128 countries for 216 975 tickets had been received via the website, excluding the hard paper applications handed in by South African residents at FNB branches in the host country," FIFA confirmed.
The biggest number of orders came from South Africans, followed by applicants from Great Britain, the USA, Germany, Brazil, Australia, Japan, Mexico, Canada, Switzerland, Ireland, Netherlands, Spain and Argentina.
FIFA Honorary Vice-President and Chairman of the FIFA Ticketing Sub-Committee, David Will said the response globally has been fantastic.
"These are fantastic numbers, underlining yet again the fervour taking hold around the world for the 2010 FIFA World Cup, the first on the African continent.
"It is very exciting and further evidence that the global football family want to be part of this unique event on this very special continent," Mr Will said.
Fans have until midnight on 31 March 2009 to make ticket applications on the www.FIFA.comwebsite.

NEW TAX LAWS COMING INTO EFFECT

The government is working Income Tax Act. One proposal is to develop a uniform definition of “employment income” that would apply across all tax instruments and align with UIF contributions and the skills development levy. This would help to reduce compliance cost for employers. Draft proposal will be issued for comment before the end of 2010.

TAX FILING SEASON 2009

The tax season 2009 timetable:

* a 60-day reconciliation period for employers in April and May;

* Tax season for individuals begins in July;

* deadlines ( for individuals and trusts filing manually) and 20 November (for e-filing)
Value Added Tax

The annual turnover for voluntary registration as a VAT vendor to rise to R50 000 (from R20 000) with effect from 1 March 2010. The threshold for compulsory registration as a Vat vendor is to rise from R300 000 to R1 million.

(Sources Budget Speech 2009; Tax Proposals 2009/10. Full texts, and various guides and tax tables are available on www.treasury.gov.za/documents/national%20budget/2009/default.aspx)

IMPORTANT CHANGES FOR SA VISITORS TO UK

The British government announced who wish to visit or transit the United Kingdom(England, Wales, Scotland and Northern Ireland.)

From 3 March 2009, South African nationals will require a visa to enter or transit the UK unlessthey qualifies for a temporary exemption. To qualify under this exemption you must have travelled to the UK recently and have evidence of your visits in your current passport (an UK entry stamp for example). If this is the case, it means you will not need a visa if you want to:

*Transit

*Visit for less than six months and

* Do not want to work in the UK.

If the evidence of entry is in an expired passport, you will not qualify for the temporary exemption. This exemption will only apply until the middle of 2009.

Below are some guidelines on procedures and costs to assist in applying for a visa.

Your Visa application must be made in person at the Visa Application Centre (VAC) nearest to you. These Centers are located in Cape Town, Johannesburg, Pretoria and Durban and they represent the British High Commission. You will be required to provide scans of your fingerprints and have your digital photograph taken.

No persons are allowed to lodge a visa application direct with the British High Commission. The application process list of requirement s, applications from payment procedures and the address of the offices that you need to visit can all be found on the following website: www.vis-uk-za.com

Application Forms

All of the visa applications forms (VAFs) and General Guidance for visa can also be found on the UK Border Agency Website http:/www.ukvisas.gov.uk/en/howtoapply/vafs

You need to fill in only one of the forms, depending on what type of visa you want to apply for. The Guidance notes will tell you which form you should fill in.

At the back of the VAF there is a checklist that gives advice about additional documents that you need when making your application.

These Visa tip are complement s of Linda Scholtz, Manager, Harvey Word Travel.

STRUCTURE PLAN FOR THE CBD

The George Council will be holding a presentation on 24 February to inform the public of a local structure plan that intends to prepare for the central business district (CBD) and surrounding central area of George. All background information and principles that are applicable to such a plan will be made available. The presentation will start 19:00 in the Banquet Hall of the George Civic Centre. The business community of George and any other interested parties are invited to make inputs for the preparations of the plan.

There will be opportunity for written inputs to the deputy director of planning during normal office hours at the Council’s office 5th floor, York Street, by not later than Monday 23 March.

Any person who is unable to write may submit their comments verbally to the Council’s offices where they will be assisted by a staff member to put their comments in writing.

For more information, phone Stiaan Carstens, at 044 801 9191 or send an e-mail to stiaan@george.org.za

GLENWOOD HOUSE FLAGSHIP FOR ENVIRONMENT

Glenwood house received their international Eco-School flag on Friday as part of the international programme for the Foundation for Environmental Education (FEE). The programme is implemented in 47 countries, most of which are the northern hemisphere.
SA was the first country to link the progamme to the school curriculum and the National Department of Education was a partner to this planning.

Kenya then followed SA’s example. The programme was evaluated in 2007, streamlined, and the rest of the continent has been following suit.

TAX BUDGET BUSINESS BREAKFAST

The George Business Chamber in association with PKF (George) is presenting this years tax budget business breakfast on 6 March at Tramonto.

Paul Gering is the speaker and he will give a tax budget update for 2009. He qualified as a CA in 1992 and completed his H.Dip tax in 1994 Gering has presented numerous post-budget seminars since 1994 and co-ordinated the annual Tax guide for PKF since 2000. He has been the tax partner at PKF Durban since 1997.

The breakfast will start at 7:30 for 8:00.

The cost is R195 per person (R1560 per table of eight persons.)

It is also an opportunity to network with like-minded business people and to treat business clients and staff.

Booking is essential. Contact Colleen at 044 874 3349. Bookings close on 4 March or earlier, if sold out.

CAPITAL GAINS TAX LIMIT NOW PUSHED UP TO R2-MILLION

People selling their primary residence with a gross value of less than R2-million would not be liable for CGT- where their primary residence is concerned. Formally this was R1.5-million.

This is based on the gross sales proceeds of the residence.”

Remember that you can also deduct maintenance costs from the gross figure before getting the taxable figure.

Shares in Share block schemes

Under current law, the transfer of shares in a share block scheme can trigger transfer duty, VAT, or neither. The law will be clarified so that at least one from of indirect tax applies.

Stamp Duty

No Changes were announced.

Transfer Duty

No Changes were announced.

NEW INTEREST RATE - PUTTING THINGS IN PERSPECTIVE

Everyone is very grateful for another decrease in the interest rate last Thursday.

Ronel Heyns, Chairman of EASA Garden Route hopes this has a positive impact on the property market and that it will translate into more sales!

“The chart with a comparison between interest rates from 1986 up to last Thursday makes for interesting reading.”

It was supplied by Better Bond.

“It is very interesting to look at these figures and realize that interest rates are relatively low if you compare it to many previous years. If you look only ten years back, on the 11 January 1999 the interest rate was 22%.

Five years further on the 16 August 2004 it was down to 11% and today we stand at 14%. Please have a look for yourself.

“We hope this information gives you some hope. My best advice currently is to try and stay positive and to hang in there, things will get better.

FRENCH FLAIR

More than 600 athletes with disabilities from across South Africa and abroad took to the streets of George on Saturday to compete in the 7th annual Outeniqua Wheelchair Challenge (OCC) which exceeded all expectations.

There was disappointment for local hero Ernst van Dyk who led the men’s T53/T54 category racing wheelchair marathon through half-way and looked a certain winner. In the second lap one of his chair’s wheels punctured, forcing the Paralympics medalist to effect running repairs. In the wet conditions though, the time taken to do this allowed this French rivals. Denis Lemeunier and Alain Fuss, to pass and Van Dyk could not make up the ground before the finish.

In the end Lemeunier won the race in an excellent time of 1:42:48 under wet conditions.

Fuss finished second (1:44:29) and Van Dyk came home a brave third in 1:45:20.

INA PAARMAN’S WEEKNITE WINNER

Serves 4 - 6
Pre-soaking the meat in a mixture of yoghurt and Tikka Sauce gives outstanding tenderness and great flavour.

500 g leg or shoulder of lamb cubed 2cm x 2cm
2 t (10 ml) Ina Paarman's Garlic & Herb Seasoning
½ cup (125 ml) plain Greek yoghurt
1 x 200 ml Ina Paarman's Tikka Curry Coat & Cook Sauce
1 onion, cut into 4 wedges and separated into leaves, cut large leaves in half across
± 200 g dried peaches (halved) or apricots

Season the cubed meat with Garlic & Herb Seasoning. Alternate the meat, onion and peach halves on kebab sticks. Mix the yoghurt and Tikka Sauce together and pour over the sosaties, turn to coat. Leave overnight in the fridge, covered.
Bring sosaties to room temperature and braai over a gentle fire until cooked on the inside and lightly charred on the outside. Baste regularly with remaining yoghurt marinade.

Weekly News - 16 February 2009

CONTENTS
1. Principals Choice
2. New release property
3. More cash for 2010 stadiums
4. Great Grapes Winefest - Tramonto the Venue

PRINCIPALS CHOICE
GEORGE - KINGSWOOD

UNCOMPROMISING QUALITY - EXCEPTIONAL LOCATION

Glamourous ultra modern 4 bedroomed architectual masterpiece. This unique home has everything you have ever dreamed of. Luxury bathrooms, outdoor pool, BBQ and entertainment area, laundry, 3 bathrooms, dressing room, 2 garages ........

From R4 320 000
ID3939

NEW RELEASE PROPERTY
MOSSEL BAY - ISLAND VIEWS

BARBADOS DEVELOPMENT
Luxury duplex homes in a secure estate with ocean views. 3 Bedrooms, 3 bathrooms, balcony, living area, BBQ area, 2 garages and swimming pool in the complex.

From R1 495 000
ID3928

MOSSEL BAY - ISLAND VIEW

Brand new with views of the ocean. 3 Bedrooms, 3 bathrooms - 2 en-suite, BBQ room, 3 living rooms, kitchen, pantry and 2 garages.

R1 700 000
ID3929

HEROLDS BAY - OUBAAI GOLF ESTATE

Stand on fairway with spectacular views on the Oubaai Golf Estate. BARGAIN BUY!!!!
R830 000
ID3931

MOSSEL BAY - NAUTICA

Fully furnished luxurious one bedroom apartment. Balcony with beautiful sea view. Lots of beautiful golf courses outdoor activities.

R1 295 000
ID3932

GEORGE - EDEN

Low maintenance home on large stand. Peaceful area. 4 Living areas, BBQ room, 3 bedrooms, kitchen, patio, cellar and 2 garages.

R1 995 000
ID3936

GEORGE - HEATHERLANDS
This home is situated on a large stand and has a park-like feel to it. 3 Sunny living areas, 6 spacious bedrooms, 4 bathrooms, dressing room, store room, tool room, kitchen, laundry, staff area with bathroom, patio and 3 garages. Swiiming pool and BBQ area.

R2 600 000
ID3937

MORE CASH FOR 2010 STADIUMS

Finance Minister Trevor Manuel said on Wednesday that the 2010 soccer World Cup will be one of the sources of output growth improvement next year.
Presenting his Budget in Parliament, Manuel said he expects output growth to improve then, supported by public infrastructure spending, lower interest rates and a recovery in the world economy as well as the World Cup.
At a press conference in Parliament the minister said the World Cup was not just about bringing the world's best soccer players to this country or about building soccer stadiums, but was also a means of improving the country's infrastructure, and the Budget Review points out that the World Cup project covers a range of activities from stadium construction to transport, tourism and marketing, health and disaster management, safety and security and telecommunications.
"Stadium construction is progressing rapidly, with some projects ahead of schedule," the Review reads.
To provide for increased construction costs and improved project management, a further R463m is allocated to the stadiums construction grant. "By the end of the process the government will have contributed R11,5bn to stadium construction," the Review said.

Allocations of R505m in 2009/10 and R210m in 2010/11 will support host city preparations for the Confederations Cup this year, and the main event next year.

The public transport infrastructure and systems grant receives an allocation of R11,9bn over the next three years to establish, construct and improve new and existing public transport infrastructure and systems in large municipalities including the 2010 host cities.

The Review notes: "The cities of Cape Town and Johannesburg are moving ahead with plans for bus rapid transit systems intended to facilitate greater use of public transport and alleviate road congestion."

GREAT GRAPES WINEFEST - TRAMONTO

Weekly News - 9 February 2009

The recent 100 basis points decrease in interest rates was a welcome call to all South Africans. According to the lastest news from Governor Tito Mboweni we can see another interest rate relief in the not so distant future.

A report from News24 as follows:

Johannesburg - South Africa's central bank monetary policy committee
(MPC) could meet again on interest rates before its scheduled April meeting, depending on economic growth and other data, Governor Tito Mboweni said on Friday.
"There is going to be data coming out towards the end of February and also mid-April, and if that data indicates that the MPC must meet, we might actually meet before the next scheduled meeting," he said in an interview with CNBC Africa, referring to GDP data on February 24.
Mboweni also said the MPC decision to cut the repo rate by 100 basis points to 10.5% announced on Thursday was unanimous, and that he personally believes that interest rates were too high in the country.

CONTENTS
1. New release developments
2. New release property
3. Choo-Tjoe: Partners are being sought
4. Radar at George Airport
5. Register your team now
6. SARB takes chunk out of rates
7. Repay your bond above rate if you can
8. Stable prime in 2009

NEW RELEASE DEVELOPMENTS
KNYSNA - BRENTON ON SEA

BRENTON BAY LUXURY HOTEL APARTMENTS

Rental pool options to generate income on your investment. The location couldn’t be more spectacular, Brenton-on-sea, Knysna, The Garden Route, South Africa. Need we say more? The old Brenton-on-Sea Hotel has made way for this spectacular sectional title hotel that offers investors the opportunity of owning their own hotel suite, one, two or three bedroom unit, fully furnished in an upper class setting and environment. The units have spectacular views of the ocean below and direct access to the beach. The development will include a cocktail bar, restaurant and modern SPA..... more

From R1 995 000
ID3924

MOSSEL BAY - THE POINT



THE POINT VILLAGE LUXURY BEACH APARTMENTS
Point Village luxury apartments is situated in the Mossel Bay Point area, on the beach. Project is due to be completed by the end of 2009. The first floor will consist of 16 hotel room units and the second floor will consist of 7 luxury apartments.

From R1 300 000
ID3923

NEW RELEASE PROPERTY

MOSSEL BAY - TERGNIET

1 Bedroom beach home, within walking distance to the beach, with ocean views and secure.
R495 000
ID3908

GEORGE - HEATHER PARK

Situated in the popular Golf Park 2 development. Quality craftmanship by top developer EARP Properties. Sunny low maintenance home, 3 living areas, BBQ room, patio, pool area, pantry, kitchen, laundry, 2 carports, 3 bedrooms and 2 garages.
R1 799 000
ID3909

GEORGE - ROOI RIVER RIFF

Tuscan designed home with water-features, large garden and mountain views. Spacious interior with designer finishes, 3 bedroom, 3 bathrooms, 3 living areas, BBQ area, patio, kitchen, laundry, dressing room and 2 garages.

R2 470 000
ID3910

GEORGE - EAST

Cottage style home close to shopping centres. 3 Bedrooms, 2 living areas, kitchen, laundry, sun room, tool room and garage.

R920 000
ID3920

GEORGE - BO DORP
A home with feel and comfort. Living areas, leading to patio, BBQ and outdoor pool area. 3 Bedrooms, 2 bathrooms, kitchen, laundry, study and play room.

R1 785 000
ID3921

CHOO-TJOE: PARTNERS ARE BEING SOUGHT

In examining the future possibilities of the Outeniqua Choo-Tjoe, the Department of Economic Development and Tourism is considering the formation of a private public partnership specifically on the George to Knysna service.

But on the George to Mossel Bay route a private operator is being sought.

“Whoever operates this train service will have to lease the railway-line from Transnet.”

So said Chief Director of Tourism, Labeeqah Schuurman on Monday.

She said a communiqué would be forthcoming from Chief Director Garth Strachan at the end of the week.

At the steering Committee held on 30 January 2009 the options detailed in the business cases for both the George to Knysna service and the one to Mossel Bay was being studied. A financial business plan will be presented on 10 March. On that date both business cases will be scrutinized.

During the floods of 2006 and 2007 various sections of the railway-line suffered damages which ran into millions of rands.

RADAR AT GEORGE AIRPORT
SAFETY AND CAPACITY ENHANCED

The new secondary radar which is being built at the George airport is set to enhance safety and capacity to the level of that of Cape Town International Airport.

In order to ensure increased safety and capacity in the George Terminal Are (TMA), the installation of the secondary radar was jointly identified as a requirement by ATNS and the airlines. George Airport previously been equipped with radar and the benefits of the secondary radar will be increased safety and capacity.

This will lead to more aircraft being able to land and depart during a specific time. The implementation of the radar will also safely enhance the capacity during the FIFA World Cup 2010.


REGISTER YOUR TEAM NOW
LIFE CHANGING EXPERIENCE

The CANSA George Relay For Life is only six weeks away. Register your team now to ensure a campsite by calling CANSA on 044 874 4824. Thiscelebration of life brings the Southern Cape community together in a unified effort to fight cancer.

Former and current cancer patients, those who have lost a loved one to cancer, businesses, families, civic organizations, and the public are invited to take part in this exciting team event, Relay for Life takes place from 17:00 on Saturday, 14 March until 07:00 on Sunday, 15 March 2009 at the Outeniqua High School Grounds.

CANSA Relay for Life is a family-oriented event where the participants enjoy the camaraderie of participating in a team, whilst raising funds to help eliminate cancer.

SARB TAKES CHUNK OUT OF RATES

The South African Reserve Bank's monetary policy committee has cut the key repo rate for the second consecutive meeting.
Cape Town - The South African Reserve Bank's monetary policy committee (MPC) has cut the key repo rate by 100 basis points, bringing it down to 10.5%, with the prime lending rate dropping to 14%.
The repo rate is the rate at which the central bank lends to other banks, and the prime lending rate is the benchmark rate at which banks lend to customers.
This is the second successive reduction in the repo rate. The committee's 50 basis-point cut in December marked the end of a 500 basis-point tightening in rates since June 2006, which resulted in a rise in the cost of debt servicing for South African consumers.
According to a Reuters poll, 16 economists were in favour of a 100 basis-point cut, while 11 forecast a 50 basis-point reduction. Economists forecasting the 100 basis point cut pointed to the slowdown in the South African economy, rate cuts by other central banks around the world, and the bleak outlook for growth in 2009 as reasons to support their forecasts.
In a research note on Thursday, Absa Capital also forecast a 100 basis-point cut. It said that base effects stemming from past high fuel and food prices should see inflation continue to fall sharply in 2009. The positive inflation outlook, it said, together with prospects of markedly slower economic growth augured well for a 100 basis-point cut.
The 100 basis-point cut marks a break in the bank's recent tradition - over the last five years, it had kept to changes of 50 basis-point increments.

REPAY YOUR BOND ABOVE RATE IF YOU CAN

With interest rates likely to drop by 2,5% over the coming year, homeowners should seriously consider "biting the bullet" and continuing to pay their bonds at the existing rate.
Build your equity on your main asset, your home.

Many bondholders still do not appreciate just how much money they can save and how many months they can cut off their bond repayment period if they pay above the stipulated rate.

Supposing we are fortunate enough to see the 2,5% interest rate drop predicted for this year actually come about, a bondholder with a R900k bond (the average size for a middle class bond in SA today) could, if he continues to pay at current levels, save eight years of payments and some R730k in all. This is a significant sum and surely one worth going for even it does mean being 'short' financially for a few years.

Even if, as seems unlikely, properties continue to lose value for a few more months this year – or at some other time in the future – the bondholder who has paid off a substantial sum, is in a far better position than the one moving into "negative equity", i.e. owing more on his property than he can recoup by selling it.

This, as we have seen in the UK and the US, can be a disastrous situation and should be avoided at all costs.

STABLE PRIME IN 2009

The prime lending rate is expected to end 2009 at 11 percent, Nedbank Group's economic unit said on Friday.
The prime rate presently stands at 15 percent.

Nedbank said credit figures released earlier on Friday — along with economic data released earlier this week — had boosted the case for a more aggressive interest rate cut at next week's Monetary Policy Committee meeting.

"Recent releases seem to confirm that the manufacturing, mining and retail sectors are all in recession, while inflationary pressures at both the producer and consumer level are receding fast," it said.

Furthermore, the global economy's woes had intensified, which would add to deflationary pressures and the possibility of a more protracted slowdown in South Africa.

"Given the lag between loosening monetary policy and the impact on the real economy, the SA Reserve Bank will probably opt to act more aggressively in the early part of the year, cutting rates by 100-basis-points in both February and April before reverting to 50-basis-point cuts in later meetings," Nedbank said.

Earlier the SA Reserve Bank released data showing that private sector credit extension — or credit growth — eased for a second consecutive month to 14.04 percent annually in December from 15.30 percent the previous month — an indication that the general level of credit extended to the private sector was responding to the elevated interest rate environment.

Weekly News - 2 February 2009

CONTENTS

1. NEW RELEASE DEVELOPMENT
2. NEW RELEASE PROPERTY
3. GEORGE MUNICIPALITY
4. OCC AROUND THE CORNER
5. REACH THE HEART OF THE MATTER WITH HEARTLINES
6. DUBAI INVESTS IN SOUTH AFRICA
7. CPIX CONTINUES TO COOL
8. SOL PLANS A BIG PARTY

NEW RELEASE DEVELOPMENT

PIRATES CREEK - WILDERNESS

Situated in the heart of the Garden Route on the Touws River in Wilderness. The development has two restuarants, swimming pool and other recreational facilities.

Come and relax on the river and enjoy fishing, canoeing, hiking, bird watching, or a breath taking sundowner BBQ.

Log cabins for holiday or permanent residence from R1 400 000 on the river edge. Stands to build your home from R595 000.

From R595 000
ID3896


NEW RELEASE PROPERTY

GLENBARRIE - CLOSE TO GOLF COURSES

The ideal lock-up and go up market, quality finished home. Gourmet kitchen with granite finishes, patio, 3 bedrooms, study, lounge, dining room, 2 bathrooms and 2 garages.

R1 799 000
ID1834

KING GEORGE PARK - TRANQUIL AREA

3 Bedroom home with family room, lounge, kitchen, 2 garages and a sore room.

R1 026 000
ID3892

WILDERNESS - NATURE ON SEA

Secure estate with nature setting on the beach front. Lovely Thatch home with 3 bedrooms en-suite, 2 garages, 3 living areas, staff area with bathroom, patio and bar area.

R2 160 000
ID3906

WILDERNESS - BARGAIN BUY

Neat and solid 3 bedroom home, close to the main beach with kitchen, 2 living areas, garage and patio.

R1 399 000
ID3907

GEORGE MUNICIPALITY - SECOND MOST PRODUCTIVE

George Municipality - which has over 1000 employees - has been rated as one of the most productive in the B (medium size) category in the country by the magazine Service: Leadership in Local Government. George was placed second just after Saldanha Bay on the West Coast.

In the A-municipality category, Johannesburg was placed tops, followed by Tshwane (Pretoria) and Cape Town.

Municipal Manager, Cecil Africa said that this was a remarkable feat given that there are currently 200 posts that need to be filled. With George having the highest growth rate in the country, the municipality was therefore somewhat under-capacitated.

OCC AROUND THE CORNER

With the Outeniqua Wheelchair Challenge (OCC) only a few weeks away, the organisers are currently making the final arrangements for the big day on Saturday, l4 February.

"The athletes - and organisers - are all very excited," explains program director, Esther Watson. "We also feel very privileged as we have three entrants from the Transkei this year - a first for the OCC."

For awareness
"The OCC is a huge awareness event through which the committee would like to show George and the rest of South Africa that people with disabilities are simply differently able.”

Celebrities on the board
Well South –African Actor, Neels van Jaarsveld will be part of the action on Saturday, 14 February when he pushes a disabled child in a wheelchair.

Known for his role as Dr. Gideon Bason in the series Binnelanders and for a series of unique Klipdrift television advertisements (did anyone say Eish?), Neels is one of many local celebrities supporting this day.

REACH THE HEART OF THE MATTER WITH HEARTLINES

Heartlines will be presenting a breakfast at the George Museum on Wednesday, 11 February, two weeks prior to its second TV series called ‘Hopeville".

This series is most creative and will be screened weekly starting 24 February on SABC 2 at 19:30. It will focus on actually living out positive values in our daily lives and communities.

Heartlines is a non-governmental organisation (NGO) that gained national attention through a TV series promoting values in 2006. This was screened on all SABC TV channels and the campaign branded "8 Weeks, 8 Values One National Conversation".

The objective of Heartlines is to help people live out their good values and to translate them into significant positive social action.

DUBAI INVESTS IN SOUTH AFRICA

Despite gloomy forecasts for the global property industry, Better Homes — the largest real estate agency in the United Arab Emirates (UAE) — has bolstered confidence in South Africa by expanding their business to include a branch in Cape Town.
Double the size of its nearest competitor in the UAE, with an international workforce of 700, Better Homes was founded in Dubai over 20 years ago. Their expansion into other markets over the last three years has seen the company opening offices in Asia, Europe and now South Africa.
"Our connection with South Africa is extremely close — we have a large number of employees working in Dubai originally from South Africa," said Billy Rautenbach, Director of Operations for the Dubai office. "We are very excited about our new partnership with Brendon Miller and his team and we welcome them into the Better Homes family."
Following the trend set by the Dubai World consortium’s investments in Cape Town, and with a database of over a million investor clients, the entry of this estate agency to the market certainly bodes well for South Africa’s competitiveness on the global property stage.
"We look forward to offering our South African clients in Dubai an opportunity to invest in their home country," said Billy Rautenbach. "As well as our Middle Eastern clients who have shown a great interest in South Africa and the Western Cape in particular."

CPIX CONTINUES TO COOL

The increase in South Africa's consumer price index excluding mortgage rate changes (CPIX) for metro and other areas, which is used by the South African Reserve Bank (SARB) for its inflation target, was up 10.3 percent year-on-year in December from 12.1 percent y/y in November, Statistics South Africa (Stats SA) said on Wednesday.
"It's a fairly encouraging number. To a large extent the market is looking to the January number that will be released in February. If anything it's going to solidify rate cut expectations.
"Looking ahead to next week, although inflation is coming down quite nicely, we're still looking at a rate cut of 50 basis points rather than 100 basis points cause of ongoing vulnerability on the currency."
Fanie Joubert, Efficient Group
"That is much better than expected. It shows that the cooling trend in inflation is continuing and that is definitely a positive sign.
"This provides more scope for more interest rate decreases in the near future."
Carmen Altenkirch, Nedbank
"Consumer inflation ended the year firmly on a downward trajectory. 2009 is expected to see inflation slowing sharply. The January figures should show a significant slowdown in inflation to about 7.4 percent."

SOL KERZENER PLANS A BIG PARTY

Three months after throwing “the party of the decade” a $20-million star-studded fiesta for the opening of his 1539-room hotel in Dubai South Africa’s Sun King, Sol Kerzner, is planning another.
The 73-year-old hotel and casino tycoon this week said the grand opening of the Tower Marina, a R1-billion hotel resort development at the marina on Cape Town’s Waterfront, was scheduled for April.
Completion of the development — which includes the Tower Marina’s 92 suites, linked by bridges to two man made islands that will house 40 villas and a 1200m² spa — is four months ahead of schedule.
Kerzner said his team had initially planned to complete construction and open for business in July.
“But, during my last visit over Christmas, we went through every detail at great length and agreed we could open ahead of schedule.
“I’m keen to open the resort while the weather is still perfect,” he said.
Kerzner, who serves as both chairman and chief executive of Kerzner International, said it was very unusual for a development of this size to be completed ahead of schedule.

Weekly News - 26 January 2009

CONTENTS
1. NEW RELEASE DEVELOPMENTS
2. NEW RELEASE PROPERTY
3. PROPERTY OUTPERFORMS EQUITY
4. WHY A 100 POINT RATE CUT IS VITAL

NEW RELEASE DEVELOPMENTS
MOSSEL BAY

VILLA ITALIA

3 Interior options to choose from. Solar & LP gas, low cost living, quality finishes, only 66 units in this secure apartment development, close to shopping malls, low levies, lock up garages, sea views.

From R439 000
ID3880

ROBERTSON

BERGZICHT SECURITY VILLAGE

Buy now and only pay in July 2010 - The ideal investment opportunity in the heart of the Cape Winelands.

Invest in this lifestyle estate within that country atmosphere and tranquillity of the valley of wine, horses and roses. Nestled on the picturesque hillside of the Langeberge mountains in Robertson, it offers the supreme beauty and tranquil country living on the famous Route 62. More.....

From R299 000
ID3881

NEW RELEASE PROPERTY

HEROLDS BAY

OCEAN VIEW MANSHION

A jewel with breath-taking ocean views. 3 Living areas, BBQ area, large patio with 2 swimming pools, jacuzzi, wine cellar, 4 bedrooms en-suite, kitchen, laundry, 2 garages and a 1 bedroom flat, private and ideal for guests.

R5 300 000
ID3883

GLENTANA

LUXURY BEACH-FRONT HOME

Up market beach front home with quality finishes throughout. Doulble volume with 4 living areas, open plan kitchen, laundry, 4 bedrooms en-suite, 3 garages and a luxury 1 bedroom apartment with Cherry wood kitchen and garage.

R7 500 000
ID3887

GEORGE - GLEN BARRIE

LARGE - SPACIOUS PRIVATE HOME

Situated in a quiet street, with private garden, swimming pool, covered BBQ area, 3 living areas, kitchen, laundry, 4 bedrooms, 3 bathrooms, study, pantry, 2 garages and a 1 bedroom flat with lounge and kitchen.

R2 050 000
ID3878

PROPERTY OUTPERFORMS EQUITY

SA-listed property outperformed SA equities by an impressive 18% when measuring total returns.
South African listed property stocks continued to outperform local equities during 2008, despite the downturn in global financial markets and the sector’s impressive resilience is set to continue in 2009.

Norbert Sasse, Chairman of the Property Loan Stock Association of SA (PLSA) and CEO of South Africa’s largest listed property company Growthpoint Properties Limited notes that many analysts advocate property’s defensive qualities in turbulent markets. "The resilience of South African listed property stocks in the current climate may well be evidence of the defensive quality of South African listed property,” says Sasse.

“The higher returns of SA property coincided with lower volatility in prices resulting in even-better outperformance on a risk-adjusted basis,” explains analyst Leon Allison of Macquarie First South Securities. Allison explains that a low foreign shareholding is also a contributing factor to the lower price volatility.

“The sector’s strong performance was driven by sharply lower bond yields since July, continued growth in distributions, relatively good visibility and near-certain double-digit yields underpinning its defensiveness,” says Allison. However, returns in hard currencies were less impressive due to the weaker ZAR.

WHY A 100 POINT RATE CUT IS VITAL

The South African Reserve Bank should take the bold step of reducing the repo rate by a full 100 basis points next month when its Monetary Policy Committee meets.

"If the Reserve Bank were to cut the interest rates by 100 basis points when it meets on 11 February, it would have the effect of stimulating the market for home buyers. It would represent the best news in years for home buyers."

If the Reserve Bank does cut interest rates by 100 basis points in February, it will mean a drop of nearly R1k per month in bond repayments per Rim bond held.

South Africa has undergone a two-year cycle of rising interest rates which have put homeowners under significant pressure. The repo rate, the rate at which the Reserve Bank lends money to commercial banks, peaked at 12% in August before finally being cut by 50 basis points in December. It is now 11,5%, with prime at 15%.

"The near halving of the petrol price and the sharp drop in inflation, except for food inflation, have given the bank all the reasons it needs to make meaningful inroads into the interest rate,"

"Other countries in developing markets, such as Australia and Thailand, have been aggressive in cutting interest rates, and right now it would be the best possible move for the local economy.

"It would also slow down the destructive cycle of bank repossessions and encourage more people to enter the property market,"