Top Ten Most Expensive Residential Areas in South Africa - THOLA MOTHO

Top Ten Most Expensive Residential Areas in South Africa

The Top Ten Most Expensive Residential Areas in South Africa are determined by the median selling price per square metre. in the same way The suburbs include Cape Town, Johannesburg, Pretoria, and the surrounding areas. The Seeff Property Group compiles its list based on sales and deeds office data. These suburbs include eight Cape Town suburbs, two in the Eastern Cape, and one in the Western Cape.

Cape Town city Centre

Firstly The most expensive residential areas in Cape Town are located near the city center. The city is home to top end lifestyle estates that are extremely desirable. The major sectors in the city include finance, real estate, and fund management. Furthermore The Seeff Property Group published data in July 2015 that included eight suburbs of Cape Town. The data was derived from deeds office and sales data. As a result The list includes homes in the most sought-after neighborhoods, from the poshest to the most affordable.

The Western Cape is home to some of the most exclusive and expensive areas in South Africa. In fact, half of the list is comprised of suburbs in this region. Clifton, for example, is popular for its magnificent beachside properties and high-class lifestyle. Some properties are priced at R20 million or more. The wealthy and famous Hollywood celebrities stop by Clifton when they visit South Africa. It’s no surprise that Clifton is one of the most expensive residential areas in South African.

Western Cape

The Western Cape is home to some of the most exclusive properties in the country. As a result, half of the list features Western Cape suburbs. Some of the most expensive properties in the country are located in the western Cape. In Clifton, people who want to live a luxurious lifestyle will find lavish beachside properties that range from R20 million to R65 million. Some of these homes are even owned by Hollywood stars.

In addition The Northern Suburbs of Johannesburg are known for their beautiful beaches. The most expensive homes in South Africa can cost up to R20 million. However, residents of the northern suburbs must travel for work. The northern area of the city is a 20-kilometre drive from the city center. Most of the residents in this area work in other parts of the city. The region is home to the most super-luxurious roads in the country.

Sandhurst Sandton

The most expensive residential area in Johannesburg is Sandhurst Sandton. It is the richest square mile in Africa and home to some of the country’s wealthiest people. This upscale area is home to some of the country’s most luxurious and most exclusive homes. The location of the city also attracts a number of business professionals and has the highest density of super-homes in the country.

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