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The richest streets and suburbs in South Africa 2023
Market & Opinion
The richest streets and suburbs in South Africa 2023
26 May 2023
New World Wealth recently published the Africa Wealth Report 2023, revealing that South Africa is still home to over twice as many high-net-worth individuals as any other African country.
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Here are the richest areas in South Africa and prime property trends for luxury homes
Market & Opinion
Here are the richest areas in South Africa and prime property trends for luxury homes
01 Nov 2022
According to data from New World Wealth there are approximately 3 600 homes in South Africa that are valued at over R18 million (as of June 2022). By this measure, South Africa ranks as the 25th largest prime residential property market in the world, well ahead of the other countries in Africa and in line with big emerging markets such as India and Brazil.
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