The Rise of Centi-Millionaires in the Ultra-Luxury Real Estate Market
16 Oct 2023
The world of ultra-luxury real estate is on the brink of a remarkable transformation, set to unfold over the next decade. A recently released 2023 Centi-Millionaire Report, in collaboration with wealth and investment migration advisors Henley & Partners and global wealth intelligence firm New World Wealth, reveals intriguing insights into the future of the real estate market for the super-wealthy.
Despite challenging market conditions, property sales activity in Johannesburg has continued to rise over the past six months, with the Chas Everitt International property group experiencing exceptional results – including the recent sale of a R71m mansion in Sandhurst.
Property Watch - 3 Properties in the wealthiest South African suburbs for sale
12 Jun 2023
In a recent article, we looked at the wealthiest streets and suburbs in South Africa according to a recently published report. The report had shown that the top three wealthiest cities were Johannesburg, Cape Town, and Durban (which included wealth held in Durban, Umhlanga, Ballito, and La Lucia)