Cape Town Africa’s top property hotspot

China Plus Published: 2019-11-27 16:16:02
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South African cities have taken the top three places on a list of 15 prime property hotspots in Africa, according to the 2019 Africa Wealth Report by AfrAsia Bank and New World Wealth.

Cape Town landed the number one spot, followed by Umhlanga (north of Durban) and Sandton in Johannesburg. Prices in these places reached US $5,600, $2,800 and $2,600 per square meter respectively.

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