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Sandhurst
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Sandhurst is the quintessence of the phrase “where the other half lives” and it is for very good reason that this northern Johannesburg suburb is regarded as the most exclusive and prestigious in Gauteng.
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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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Market & Opinion
Super luxury property rentals are back, driven by local and foreign demand
22 Aug 2022
The luxury housing rental market continues its strong recovery according to the Seeff Property Group’s rental agents. Areas such as the Cape Town Atlantic Seaboard, Constantia Upper, Bishopscourt, Sandton, Paarl, Franschhoek and luxury estates, in particular, are once again achieving monthly rentals of over R100,000 per month.
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Market & Opinion
Robust sales in the high-end residential property market
20 Jul 2022
Top-end sales of luxury homes on the Cape’s sought-after Atlantic Seaboard are flying high, with Pam Golding Properties reporting more unit sales of over R20 million on this prestigious coastline in recent months than the whole of last year (2021).
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Market & Opinion
The richest suburbs and streets in South Africa
18 Jul 2022
The latest Africa Wealth Report for 2022 was recently published by New World Wealth and it reveals that much of the wealth still resides in the cities, particularly Johannesburg and Cape Town.
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