AN OASIS IN THE "CREDIT CRUNCH"

Martin Hayward
Silver Lakes Security and golf estate has managed to withstand the pressures of the declining property market. Through good management and security control the estate was voted by Finweek as one of the best security and golf estates in South Africa and the market growth for the first six months of 2009 compared to 2008 is a clear testimony of that.
The average rand per square meter for properties on the golf course sold increased with 13,3% from R6962.00 for 2008 to R7269.00 for 2009, for properties off the golf course the increase was 4,4% from R9160.00 for 2008 to R10378.00 for 2009 and for properties in the nature reserve phase the increase was 27,2% from R7775.00 for 2008 to R9885.00 for 2009.
The decline in rand per square meter experienced on vacant stands is mainly due to very strict lending criteria applied by all major banks. Currently a 30% deposit is required for a bond on a vacant stand and it has become more difficult to obtain a building loan. In general the demand has been very stable and security has become a priority for many buyers.

LETTER OF COMPLIMENT FOR SUSAN

Hi

It is not often that I am compelled to write a letter of compliment, but in this case I really want to.
We met Susan a couple of months ago in our search for a home. We had specific wants within a narrow
Budget. Susan searched and worked tirelessly trying to find us exactly what we wanted. She understood
Our needs from day one. She met us at every appointment on time, she never failed to live up to everything
That she said she would. Susan showed true empathy and was patient with all our needs. A few months later
We found our dream home within our budget. She found us the home the fulfilled our every need and want.
The transaction of purchase is almost complete and Susan continues to offer service and accommodate our every need.
Susan is far more than an estate agent or sales person, she is the friend that finds the home to match the family.
Susan flies the Ikonic name high. Know that she is a true asset to your company.

We thank Susan and Ikonic for being by our side throughout this very important process of our lives!

Kind Regards

Yvette Weinrich
Regional Support Manager
Budget Car and Van Rental