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ARTICLES → REAL ESTATE → WESTERN CAPE
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Camps Bay South Africa's priciest suburb for Real Estate
Buying a house in Cape Town's top end suburb still in demand by (foreign) home buyers
It appears that wealthy investors still have plenty of appetite for big-ticket properties with prices in some of SA's swankiest suburbs still rising at double-digit rates.

This is according to the latest data from real estate portal South African Property Transfer Guide (SAPTG).

The Atlantic seaboard suburb of Camps Bay saw average house prices surge by 56% over the past year to R7m in March 2008, up from an average sales value of R4.48m in March 2007.

That places Camps Bay as SA's most expensive suburb in SAPTG's monthly top 10 survey of highest average sales value achieved.

SAPTG's data, which is sourced from the Deeds Office, applies only to property transfers of up to R20m.

The survey is divided between...

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Buying a house in Cape Town's top end suburb still in demand by (foreign) home buyers
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New hotel investment in city centre of Cape Town another example of continued hotel industry growth
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Difference between asking and selling prices of property in Cape Town has dropped
Clifton, Clifton Beach, Clifton Beach accommodation, Clifton Apartment, Cape Town apartment
4-bedroomed apartment on Clifton beach has sold for a staggering R34 millionâ€" the highest...
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Foreign interest in the South African property market has increased at least 10 times since the...
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2006 was a watershed year in prices in the South African residential property sector
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2006 was a relatively good year for property in South Africa...
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The City of Cape Town has plans to release a further 10.4 hectares of housing land for the so...
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The Department of Housing and Local Government in the North West has embarked on a programme to...
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New "Pick up and go" Parking Facility to ease congestion on Johannesburg international...
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Pezula resort hotel on South Africa's Garden Route has achieved international recognition having...
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Brand new hotels will be built at the V&A Waterfront in response to the growth in tourism to Cape...
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Cape Town was one of the best performing sectional-title housing markets worldwide in 2005.
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Absa reports a nominal house price growth of 13,7% year-on-year for March compared with a revised...
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The world's most powerful business women, who collectively own and run corporations that generate...
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Much of the driving force behind the stable growth in the property market comes from the...
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About 45 hectares of the Slaley Estate in Stellenbosch is to be developed as an exclusive...
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Century City in Cape Town continues to buck the general slowdown in the residential property...
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Home owners in the townships are realizing their asking prices when they sell their houses, with...
pam golding, property south africa, Bentley International Property Awards, property awards
For the 3rd year in succession the Pam Golding Property group took honours at the Bentley...
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South Africa's residential house prices should see a deceleration in growth to between 12% and...
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The city centre of cape Town will undergo a serious facelift, including a R390 million property...
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Saldanha Bay Municipality has boosted its financial resources for infrastructural development...
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The "Tree House" was voted as the best building in South Africa in the first nationwide...
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The city centre of Cape Town, including the a area around City Hall, will undergo an extensive...
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Many expatriates who left South Africa during the past decade want to return home. For many, this...
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More South Africans living and working in the UK are buying property in South Africa, with a view...
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Hotel development in the city of Cape Town is booming as at least 7 new hotels in are being...
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Still Confidence in Cape Town City Centre with New Hotel Investment
New hotel investment in city centre of Cape Town another example of continued hotel industry growth

Pre-2010 investment in hotels and other infrastructure in and around Cape Town’s Central City, can only boost the area’s residential sector.

So says Mick Joyce, regional MD for Pam Golding Properties, following the news of yet another hotel planned for the CBD area – this one an ”Express by Holiday Inn”, a brand owned by the prestigious InterContinental Hotels Group.

The new Cape Town hotel is planned for St George’s Mall and will have a 161-room capacity. It brings to at least six the number of new hotels in the planning stages or already under construction in the Central City and surrounding areas such as Green Point and Sea Point.

Joyce says this growth in...