MESSAGE FROM THE MANAGING DIRECTOR
Category Newsletter: Message from MD
Dear Friends, Property Investors and Property Enthusiasts
It is with great excitement that I announce that the format and distribution of our newsletter is changing. With our high level of construction and website activity, we have noticed that our loyal supporters occasionally miss out on new launches and investment opportunities with a newsletter published only on a quarterly basis. From this issue forward you will be receiving a MONTHLY newsletter sent directly to your desktop! You will find the monthly editions user-friendly and substantially shorter as we attempt to find a balance between satisfying your craving and curiosity for property news without overloading you with information. Highlighted links within the newsletter will conveniently take you directly to the relevant property on our website, presenting you with more detailed information.
With South Africa now officially anticipating a growth rate of 0% this year and interest rates remaining unchanged for now, we are all holding our breath for the results of the Municipal Elections now in process. This election is anticipated to be a “game changer”, but for this to happen YOUR vote will be key. We sincerely hope that the change will result in improved service delivery and that things don’t simply slide into a further state of decay as we have been experiencing over the last couple of years. South Africa is a country of great resources of which its people are the most valuable. At Renico we are very excited about the steadily growing internationally compatible cities in which we work, live and play, and know that with just a bit of positive effort and embracing UBUNTU (kindness), this Country can be a force to be reckoned with! We need to stand together to make it work better! Let’s just do it!!!!
I have been encouraging property ownership since Renico Construction was established in 1998 - and in every newsletter since then. With inflation creeping upward, the rising cost of day to day living expenses and everything around us becoming more expensive, I once again urge you to take the leap and buy property - it is NOT going to get cheaper! We have seen our popular 2 Bed, 2 Bath units rise in price from R 450 000 to R650 000 in 2008, and with our latest launch (Park Royal in Wilgeheuwel) these units are being sold for R850 000. I predict that they could possibly breach the R 1 000 000 price bracket during 2017. Investors who have bought from us over the years are currently reaping the benefits of increasing rental income and substantial growth in the value of their property portfolios.
If you received this newsletter forwarded by a friend and would like to regularly receive it on your desktop, feel free to visit our website on www.renicoconstruction.co.za and register on our mailing list so that you, along with our current database of 17 000 subscribers, can receive updates and property news as it happens!
Author: Nico Louw
