Cape Town holds its own among the world’s top destinations for Executive Nomads.

Protection from the ‘Cape Doctor’ a huge plus for home buyers in Bantry Bay.

Top local markets for property investors in 2025.

New property development The Woodstock launches in Cape Town

A luxurious, prime located, four-bedroom Clifton bungalow in perfect position on 4th Beach has been sold by Pam Golding Properties for R70 million to an upcountry buyer for use as a holiday home.

After the worst economic downturn in decades, further dampened by the recent tightening of lockdown restrictions in response to the second wave of the pandemic and the recommencement of load shedding, economic growth – while admittedly coming off a low base - is still widely expected to show some positive growth of around 3% this year.

As South Africa continues gradually emerging from the national lockdown, the luxury residential property market is showing promising signs of increasing activity, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Just nine months after launching to market, 63% of The Harri, a new 48-unit apartment block and mixed-use property development going up at 75 Harrington Street in Cape Town’s East City Precinct, has sold off-plan.

The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

FNB's 1Q19 City of Cape Town Sub-Regional House Price Indices showed that most sub-regions are experiencing slowing house price growth, with the most expensive regions now experiencing house price deflation.