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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
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
2022 Global luxury property trends and the rise of co-primary living
02 Jun 2022
For so many people, Covid-19 has been very emotionally and financially challenging but, at the same time, global wealth also grew during the past two years, resulting in a 10% increase in High-Net-Worth (HNW) individuals worth over $30 million and, along with it, a spike in the demand for luxury real estate.
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Market & Opinion
Migration trends continue to shift the residential market
10 Feb 2022
Local and international migration have undoubtedly been driving forces in the South African property market during the past decade and their recent resurgence after travel and lockdown restrictions were eased have come as no surprise.
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