[TOP STORY] Locals priced out as Cape Town’s luxury property market soars

Loading player...
‘I think we need to just take the R1 billion and put it into perspective - at the average purchase price for foreign buyers of R2.7 million, it's actually only about 370 properties,’ says Grant Smee, CEO of the Only Realty Property Group.
15 Oct 2025 9AM English South Africa Business News · Politics

Other recent episodes

Julius Malema sentenced to 5 years

Energy and debt pressures mount as conflict drives up costs and weakens global growth. Visa changes could reshape SA’s workforce – and what to know about loans as pressure builds. EFF's Malema sentenced in firearm discharge case.
16 Apr 6AM 28 min