2 Properties to rent in Newlands

The luxury property market above R20 million enjoyed another good year, although mostly in Cape Town with Gauteng buyers spending more on super luxury property this year, according to the Seeff Property Group.

Since the revival of semigration in 2021, the surge in market activity in the Southern Suburbs has continued unabated with the steady rise in demand leading to a drop in the time properties are spending on the market as well as a declining gap between asking and selling price.