CHEESE & WINE EVENING

For the second consecutive year we had our annual cheese & wine evening to thank all our foreign visitors for the support during the year. Visitors from seven different countries attended the function. Once again many new friendships were formed. All 65 guests that attended enjoyed the variety of different South African wines & cheeses. Val Ludgrove would just like to thank the staff for all the hard work they put in and to all the visitors, take care enjoy our beautiful town and hope to see you all next year again.

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PLETT PROPERTY MARKET

After an almost “dead” December in the terms of property sales, mainly because of a booming stock-market and fear of rising interest rates, as well as a perceived over-supply of land, houses and apartments, shrewd investors have grabbed the couple of bargains that were in the market.  And have since whittled away at everything that was for sale at realistic prices.

It clearly shows that people are realizing that:

• The supply of good and affordable properties is not that high.
• New developments will be increasingly difficult and expensive to “get of the ground”.
• Building costs are continuing to rise making existing houses even more affordable

The flooding of our real estate market with vacant stands after the almost simultaneous launch of Brackenridge, Whale Rock Heights, Whale Rock Ridge and a couple of smaller developments is now over. Now that many of the stands are developed and fewer are for sale and people realizing what the building costs on their stands are likely to be, the market will return to a more stable one, showing more normal growth. It therefore seems as if the main problem in our property market now once again becomes the lack of really affordable housing and an airport so that commuters between Gauteng and Plett can “take off” again.

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WORLD RECORD FOR PLETTENBERG BAY

After 17 hours of baking, a new world record for the world’s biggest hot cross bun was set in Plettenberg Bay at the weekend. The bun was 2, 5 meters in diameter and weighed in at 408, 2 kg. The gross mass of the bun was measured and the recorded by two commissioners of oaths and it will now be considered a world record in the Guinness Book Of Records. Baking started at 4 pm on Friday and was completed by 9am on Saturday.