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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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Semigration driving economic growth in smaller South African towns
Market & Opinion
Semigration driving economic growth in smaller South African towns
27 Feb 2023
According to Warren Aronson, Business Development Executive from Aucor Property, smaller South African towns, known as second tier cities, have seen a significant growth in the past few years. Not only do these cities offer more affordable living options, but they also provide better quality working environments away from the hustle and bustle of major urban hubs. With remote work becoming the norm in many industries, there's never been a better time to explore the possibilities of living and working in these phenomenal smaller cities.
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10 holiday home hotspots to invest in this summer
Market & Opinion
10 holiday home hotspots to invest in this summer
21 Nov 2022
There has been a notable uptick in holiday home sales over the last two years and according to Samuel Seeff, chairman of the Seeff Property Group, coastal towns have been among the best performing areas, especially those along the Cape coast, but also the KZN South Coast.
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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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